Von der Leyen:  US green subsidies create unfair competition, the EU will respond

Author: Andrew Andrew / December 05, 2022 15:25 / Economy

The president of the EU Commission hopes for an intervention in response to the Inflation reduction act of the United States, starting with the simplification of state aid

Biden Europe European commission Inflation Ursula von der leyen Usa

Bank of Spain sees inflation hitting 7.5% in 2022, lower growth in 2022, 2023

Author: Nicolas Nicolas / April 05, 2022 21:00 / Economy

Spain's central bank on Tuesday lowered its economic growth forecast for this year and next due to the impact of inflation stoked by Russia's invasion of Ukraine, and said the pace of recovery had already slowed down in the first quarter. Inflation is projected to rise to 7.5% in 2022.

Europe Inflation Russia-ukraine crisis Spain

Turkey inflation hits 61% as fallout from Ukraine war continues

Author: Nicolas Nicolas / April 05, 2022 16:07 / Economy

Consumer inflation has surged to a fresh two-decade high in Turkey as external headwinds spawned by Russia’s invasion of Ukraine add to the country’s own economic woes.

Inflation Prices Russia-ukraine crisis Turkey Ukraine invasion

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