Browsing Tag

decline

Lagarde says inflation will persist in 2022

The president of the European Central Bank (ECB), Christine Lagarde, insisted, in the European Parliament, that the conditions for raising interest rates will not be met in 2022, despite the fact that inflation will fall more slowly than…

China’s economic slowdown hits German companies

The weakening of China's economy clearly affects the businesses of German companies operating in the Asian giant, the German Chamber of Commerce (AHK) in Beijing reported today following the dissemination of the business climate survey it…

New emplyment cuts affect the economy in Spain

In the current decelerated economy of Spain, many companies - especially in industry and banking - have outlined strategies that allow to thin the workforce that includes the payroll of each one of them, as a formula to save costs since the…