Tag: Eurozone
Ukraine, S&P revises Eurozone GDP estimates downwards (+ 3.3%). Russia collapses to -8.5%
(Finance) – The shock of the invasion of Ukraine is a turning point in the credit cycle. For this reason S&P Global Ratings credit prospects are expected to deteriorate, lending…
Goldman Sachs: with Russian gas stop the eurozone will lose 2.2% GDP, Italy 2.6%
(Finance) – In the worst case scenario where the Russia interrupted all gas exports to Europe, the GDP of the euro area would decrease by 2.2 percentage points in 2022…
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,…
20 years later, we still find Deutsche Marks
It was 20 years ago, the first euro banknotes came to fill our machines, before becoming the daily newspaper of 340 million Europeans in 19 countries. The old national currencies…