Tag: Economy
Ukraine, UN votes the resolution condemning the Russian invasion. Tomorrow the second round of negotiations.
(Finance) – TheGeneral Assembly of the United Nations adopted a resolution which condemns the Russian invasion of Ukraine, with 141 countries voting in favor, five against and 35 abstentions. The…
Inflation hits record highs in the eurozone
Since November, inflation has reached a new historic peak every month in the euro zone and February was no exception to the trend. Prices rose by 5.8% over one year,…
EU, Eastern countries leave Soviet-era international banks
(Finance) – Poland, the Czech Republic, Bulgaria, Slovakia and Romania they decided to abandon two international banks created in the Soviet era to promote economic cooperation among its members and…
MPS, Board of Directors approves 2021 financial statements
(Finance) – The board of directors of Monte dei Paschi di Siena Bank has approved the bank’s and consolidated financial statements of the Montepaschi group as at 31 December 2021,…
Superbonus, Franco: up to now, non-existent tax revenues of 4.4 billion have been identified
(Finance) – “The sale of the credits tax has recently been revised in response to very wide-ranging offenses. “This is what the Minister of Economy said in an urgent report…
Russia’s central bank cuts banks’ minimum reserve requirements
(Finance) – The Bank of Russia he decided to reduce the mandatory reserve ratios of banks starting from March 3, 2022 for release more money to customers and businesses at…
Stellantis allocates 1 million euros for Ukraine, 71 employees safe
(Finance) – Stellantisthrough its Foundation, has allocated € 1 million in humanitarian aid to support Ukrainian refugees and civilians displaced by the crisis. The auto group will rely on a…
USA, weekly oil inventories down by 2.6 million barrels
(Finance) – Surprisingly, crude oil stocks in the US have decreased in the last week. The EIA, the division of the US Department of Energy, has confirmed that the stocks…
Positive markets, Milan remains at the window
(Finance) – The financial session of the European stock exchanges moves upwards, while Piazza Affari lags behind, trading close to the values of the eve. Meanwhile, the European Union has…
USA, new decline in weekly mortgage applications
(Finance) – Mortgage applications in the United States are still decreasing in the week to February 25, 2022. The index that measures the volume of mortgage loan applications recorded a…