The government’s medium-term budget plans include faster fiscal consolidation, targeting an exit from the EDP by 2026. Achieving this will depend largely on how successfully reforms improve the effectiveness of…
Tag: financial market
German Trade Surplus Widens to €22.5 Billion in August as Imports Slump
Germany’s economic woes could impact the broader Eurozone economy, another likely concern for ECB policymakers. Expert Views on the German Economy Hamburg Commercial Bank Chief Economist Dr. Cyrus de la…
German Factory Orders Slide 5.8% in August Highlighting Demand Woes
According to data from Destatis, Orders from outside the Euro area increased by 3.4%, while orders from the Euro area slid by 10.5%. New orders from the rest of the…
U.S. Added 254K Jobs in September, Beating Expectations as Unemployment Dipped to 4.1%.
Average Hourly Wages Wages continued to rise in September, though at a measured pace. Average hourly earnings for all employees on private nonfarm payrolls increased by 0.4%, or 13 cents,…