Romanian PM Marcel Ciolacu promised on Thursday to protect Romanian companies through state aid schemes against the commercial tariffs announced by Donald Trump. Authorities worldwide have promised countermeasures after the…
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News and economic analysis on the economic crisis, unemployment, inflation, investments, profits, businesses. You also read about highways, roads, prices, increases, pensions, and budget deficits.
What's next for the global economy after Trump's tariffs: Chain effects in a reversed world
The most recent round of U.S. trade tariffs, presented on Wednesday, will further diminish the strength of a global economy that has barely recovered from the post-pandemic inflation surge, an…
How the EU and China are reacting to Trump's tariffs. What are the other affected countries doing
The announcement by American President Donald Trump regarding tariffs imposed on countries worldwide has sparked numerous reactions. Leaders and governments from many countries have announced similar measures against the USA.…
Over 10,000 families in Romania will install solar panels
Over 10,400 families in Romania will be able to install photovoltaic panels and energy storage systems starting Wednesday. The Environmental Fund Administration (AFM) has published today, April 2, a new…
Ukraine produces as many drones as all NATO countries combined: "You can't count how many we can produce"
Following the Russian invasion, Ukraine was forced to significantly increase its armament production, and today, not only does it meet its internal needs, but it has also become an important…
Gigantic gold reserves discovered in China: Could they change the global economy
An immense gold deposit has recently been identified in the Hunan province of China, with estimated reserves of over 1,000 tons. This colossal discovery has the potential to not only…
Greece has the cheapest housing in Europe, at a huge difference from Spain, Portugal, or Romania. Germany faces a unique situation
Over the past 15 years, Greece has remained the most affordable real estate market in Europe, with prices increasing by only 4.2%. In contrast, housing in Spain, Portugal, and Israel…
While Tesla is in free fall, Musk brings X back to a huge value
After being evaluated at less than 10 billion dollars in September 2024, the social network X has spectacularly returned to a value of 44 billion dollars. The growth is largely…
Washington Post: It's not just about the USA. Trump is harmful to the entire global economy
President Donald Trump is not only dragging down the U.S. economy but also the global economy. This is the conclusion of a new report on global economic outlook published Monday…
Why eggs are scarce in the US, while Canada has plenty
Egg prices in the United States have reached record levels, and the Department of Agriculture is now trying to find solutions by analyzing how other countries produce eggs. They don’t…
Vice President of the ECB: The uncertainty caused by Trump now is greater than during the pandemic
The policies of the US President, Donald Trump, are causing more uncertainty for the economy than during the Covid pandemic, said the Vice President of the European Central Bank (ECB),…
Life without money in your pocket, the end of a utopia: Why Swedes are returning to cash
The Nordic countries were the first to adopt digital payments. Now, online banking is seen as a potential threat to national security, and Sweden is once again valuing cash. In…
Trump, "hit" by the EU with chicken wings and women's lingerie. List of American products subject to European taxes
The European Union has decided to counterattack with its own measures the tariffs imposed by Donald Trump. The European Commission has published a 99-page list of American products that could…
Bansko will have its own airport. Bulgarian authorities aim to place the winter resort among the world's most popular
The Bansko Municipality will build an airport for small planes, facilitating access for tourists and increasing safety in the resort. The new infrastructure will include an 800-meter runway and a…
The American stock market on a slide: Trump sees his wealth greatly diminished, while Musk lost 23 billion dollars in a day
The American stock market experienced a significant drop on Monday. A new round of massive selling hit the financial markets amid uncertainty regarding trade policy, fueling fears that the US…
What is the weapon with which Europe can defeat Russia. A famous economist has the answer
The renowned American economist Joseph Stiglitz, Nobel laureate in economics, believes that the only way European leaders can truly support Ukraine, after Donald Trump seems to have washed his hands…
The world's wealthiest are moving their fortunes to Greece: Many are scared of Trump
In recent years, Greece has become a major attraction for millionaires worldwide. Owners of huge fortunes are leaving countries like the United Kingdom, the USA, and even Australia or the…
Mugur Isărescu: What the governing coalition did is the right direction. If they hadn't adopted that ordinance, the deficit would have gone towards 10%
The Governor of the National Bank of Romania, Mugur Isărescu, believes that what the current governing coalition has done is the right direction and explained that if the „little train”…
Romania's economy grew by less than 1% in 2024. The worst result in 12 years, except for the pandemic
Romania’s economy grew by only 0.9% last year, and in the last quarter of 2024, the Gross Domestic Product (GDP) increased by 0.7% compared to the same quarter in 2023…
Trump's trade war could have a clear winner: the United Kingdom
The United Kingdom could be one of the big winners of the trade war unleashed by Donald Trump, as the tariffs imposed by the US on other major economies redirect…