The European Commission reported that in October consumer confidence in the eurozone fell to the lowest in a ten-month period. The corresponding index fell to minus 7.6 points. A month earlier it was at minus 6.5 points. Analysts who took part in the... Read more
The German Ministry of Economy confirmed that the economy will be in recession at the end of the third quarter. However, it is technical in nature. The probability of a serious slowdown in GDP growth is very low. The negative processes that have been... Read more
House prices in the UK in October showed the weakest trend for this period in 10 years. According to data provided on the Rightmove website, the average cost of housing this month was 306.7 thousand pounds, which is 0.6% higher than the September ave... Read more
After the UK Parliament failed to make a decision on Brexit at the end of last week, ordering Prime Minister Boris Johnson to ask Brussels for a postponement, there was no objection in the European Union to granting a reprieve until On Feb. In doing... Read more
According to the preliminary assessment of IHS Markit, the composite index of business activity of the eurozone in October was 50.2 points. Its slight rise from 50.1 points in September indicates that the eurozone economy remains close to stagnation... Read more
