Croatia’s unemployment rate has dropped to 4.6 percent, the lowest since its independence in 1991, according to a report from the Croatian Employment Service. By the end of October, the number of…
Category: Economics
German economy set to continue falling
Germany is set to continue falling well behind other advanced economies in 2024, the German Council of Economic Experts said on Wednesday. The council, which advises the German government on economic policy,…
Israel recorded a budget deficit of 11.2 billion shekels
Israel recorded a budget deficit of 11.2 billion shekels (about 3 billion U.S. dollars) for October, the Finance Ministry said on Monday. The deficit for the 12 months to October dipped to…
Türkiye has revised its year-end inflation targets upwards
Türkiye has revised its year-end inflation targets upwards amid stubborn price pressures, which, to many analysts, signaled that disinflation will be slower from hereon. Earlier in the day, Türkiye’s central bank announced…
Cyprus intends to supply natural gas to Egypt’s liquefaction plants
Cyprus intends to supply natural gas to Egypt’s liquefaction plants for export to international markets, including the European Union (EU), Energy Minister George Papanastasiou has said. Addressing the parliamentary Finance Committee during…
Work on the Cyprus-Greece Interconnector is moving forward
Work on the Cyprus-Greece Interconnector is moving forward. This is according to Manos Manousakis, the head of Greece’s power grid operator. He spoke about the project’s progress at a recent investment conference…
7781 people unemployed in Cyprus, figures show
Newly published figures show unemployed persons registered at the District Labour Offices in Cyprus on the last day of October 2024 reached 7.781 persons. Based on the seasonally adjusted data that show…
Many companies in Cyprus targeted by cyber crime, figures show
Reports in the local media suggest that 14.3 percent of companies in Cyprus have been victims of cyber-attacks. Fileleftheros newspaper reported that, according to data from the Central Bank, 14.3 percent of…
Azerbaijan imposes temporary import restrictions on EU livestock
Azerbaijan has imposed temporary import restrictions on livestock products from certain regions in France, Liechtenstein, Italy, Romania and Austria, following reports of animal disease outbreaks, the Food Safety Agency of Azerbaijan (AFSA)…
Forum of Sovereign Wealth Funds (IFSWF) underway
The 16th annual meeting of the International Forum of Sovereign Wealth Funds (IFSWF) started here on Monday, with representatives from 50 sovereign funds across 46 countries participating. The forum, which runs until…