In January 1979, President Jimmy Carter welcomed Chinese leader Deng Xiaoping to the U.S., establishing formal diplomatic ties that reshaped international relations and marked the beginning of China’s economic ascent. Their unique friendship facilitated crucial negotiations, although Carter’s decision to…
The Greek economy’s prospects for 2025 hinge on three key areas: tackling tax evasion, efficiently utilizing Recovery Fund resources, and undergoing credit ratings assessments from foreign agencies. The Finance Ministry’s schedule indicates significant developments in the first half of the…
The Italian Senate is facing significant tensions as the government defends a controversial economic maneuver, described by Minister of Economy Giancarlo Giorgetti as ‘prudent.’ Opposition parties are protesting against the lack of parliamentary scrutiny and Guido Quintino Liris, a representative…
Greece’s economic growth has reached 2.3%, outpacing the European average of 0.7% to 0.8%, according to Yiannis Stournaras, Governor of the Bank of Greece. He highlighted an overall positive economic environment despite international challenges and emphasized the importance of maintaining…
President-elect Donald Trump has announced the appointment of Steven Miran, a former Treasury Department advisor during the Trump administration, as the chair of his economic council. The council, composed of three members including the chair, will advise the President on…
Mayors from Thessaloniki, Skiathos, Skopelos, and Alonissos have sent a request to Minister of Shipping and Island Policy, Christos Stylianidis, to subsidize the ferry route from Thessaloniki to the Northern Sporades as a public service route. This follows a similar…
The Greek Ministry of National Economy and Finance has outlined five key priorities for economic policy in 2025, which are set to be included in an upcoming report for all ministries. The priorities include combating tax evasion, utilizing public assets…
During a session in the House of Commons, Prime Minister Sir Keir Starmer defended his first five months in office, rejecting suggestions he would change any decisions made, including tax changes and cuts to winter fuel payments. He emphasized the…
As Donald Trump prepares to potentially reclaim the White House, Europe’s economy is facing unprecedented challenges. Struggling to maintain financial stability amid rising deficits and diminishing tax revenues, European countries could face intensified economic pressures. The continent’s legacy of innovation…
Sahra Wagenknecht, leader of the new party BSW, has presented her campaign ahead of Germany’s elections, proposing a ‘new social contract’ to overcome the failures of existing political parties. She emphasized peace, addressing economic challenges, and reforming social policies, including…
The German Cabinet has approved an extension of short-time work benefits from twelve to 24 months to support workers and businesses during economically difficult times. Labour Minister Hubertus Heil emphasized the need to secure skilled workers as companies, particularly in…
Greek politician Nikos Androulakis, President of the PASOK party, has sharply criticized the government’s arrogance and disconnection from society during an extensive interview. He advocates for effective opposition that influences governmental actions on critical issues like the economy and public…
