The U.S. spends, China produces and Europe... thinks
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The U.S. spends, China produces and Europe... thinks

Loading Text-to-Speech... About four decades ago the five largest economies of the then western world, the US, Japan, Germany, France and the United Kingdom, co-signed to the New York Hotel of the same name his agreement «Plaza». The basic idea was that the dollar was very strong, American exports had become expensive, with [...]

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House: Does it run out of success story in the economy? - The disturbing Mitsotakis report that passed low from radar
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House: Does it run out of success story in the economy? – The alarming Mitsotakis report that passed low from radar

Kyriakos Mitsotakis warned the House about the serious economic consequences of conflicts in the Middle East, describing the prospects «extremely ominous to tragic». Inflation was launched at 3.9% in March, with food at 4.5% and fuel up to 27.4%. The State Budget Office and the IMF revised growth to 1.8%-2%, while inflation is expected to reach 3.5%. With Brent oil at $90-100 a barrel, the initial budget forecasts are overturned, calling into question the government «success story».

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