The contraction of the Venezuelan economy in 2019 will be 33.8%. Since 2014, domestic production of goods and services has registered an accumulated drop of 70%, which cannot be compensated by private imports or remittances. And the two latter will not exceed 2 billion dollars by the end of the…
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recession
European Central Bank prepares plan against recession
Facing the recession in Europe requires drastic measures. In this regard, the European Central Bank has established a long-term financing plan or TLTRO-III (Targeted Longer-Term Refinancing Operations III).
It consists of granting loans to…
Germany could suffer an economic recession
At the end of 2018, Germany experienced a decline in imports and exports. The trend started a few months ago, but at the beginning of 2019, investors fear that the situation will worsen and submerge the country in an economic recession.…
Villalón: The country needs to encourage private production and diversify exports
Venezuela suffers high levels of hyperinflation and recession that have played against economic stability affecting the productive sectors, and consequently, limiting the subsistence capacities of citizens, but this is a problem with…
A smart financial adaptation allows returns even in hyperinflation
Venezuela is a country with countless riches and potential that can contribute to overcome the current economic crisis. Likewise, it is a propitious scenario for the promotion of constructive, positive ideas that allow an optimal social and…