European Low-Income Households Facing Mortgage Payment Delays, ECB Research Shows

European Low-Income Households Facing Mortgage Payment Delays, ECB Research Shows

This article was originally published in English ECB research shows that more than a quarter of low-income households expect late payments on their mortgages in the coming months. SEVENTEEN A growing number of low-income Europeans expect to fall behind on large bills in the coming months due to rising interest rates, according to a study … Read more

Rising Concerns Over Food Inflation and Shrinkflation Spark Legislative Action in France and Germany

Rising Concerns Over Food Inflation and Shrinkflation Spark Legislative Action in France and Germany

Fewer products for the same or more money, without clear communication. That, in a nutshell, is the definition of decline or ‘inflation‘, an ongoing phenomenon in the food sector that is not immediately apparent until you as a customer face the facts. You can get fewer chips in the bag for the same price, or … Read more

PaSoK: Mr. Mitsotakis lives in virtual reality – 2024-04-22 02:54:13

PaSoK: Mr. Mitsotakis lives in virtual reality
 – 2024-04-22 02:54:13

PaSoK commented in a critical manner on the statements of Kyriakos Mitsotakis from Brussels on inflation. According to Harilaou Trikoupi, “the prime minister who has three times in the space of a year assured the citizens that ‘the difficult times are behind us’ regarding accuracy, today identified ‘encouraging’ indications in March inflation”. It was a … Read more

“Godfather’s basket”: The product categories and the period of validity – 2024-04-21 20:35:54

“Godfather’s basket”: The product categories and the period of validity
 – 2024-04-21 20:35:54

His amendment on “godfather’s basket” was presented to the Parliament by the Minister of Development Kostas Skrekas stressing that “the government will continue to take measures to fight food inflation”. Elaborating on his amendment to the discussed bill entitled “Tax Procedure Code”, Mr. Skrekas said that businesses with a turnover of more than one million … Read more

Luis Caputo blames Argentines for inflation

Luis Caputo blames Argentines for inflation

Buenos Aires. Without turning red, the Minister of Economy, Luis Caputo, blamed the Argentines for the rise in prices, and was crossed in networks by economists and former supporters of Javier Milei himself, who questioned his technical capacity and his diagnosis of reality. . In a meeting with JP Morgan bankers in the United States, … Read more

Wall Street opens mixed in response to inflation data – 2024-04-19 12:22:47

Wall Street opens mixed in response to inflation data
 – 2024-04-19 12:22:47

This July 15, 2013 photo shows a Wall Street sign outside the New York Stock Exchange. The market closed mainly lower on Monday, November 30, 2015 as traders waited for the appearance of the head of the Federal Reserve to give indications of whether the central bank will raise the interest rate in December. (AP … Read more

Geopolitical tension sinks Wall Street

Geopolitical tension sinks Wall Street

Geopolitical tensions and inflation crushed the New York stock market this Friday, while banks inaugurated the quarterly earnings season dully. The Dow Jones index lost 1.24%, to 37,983.24 points, the Nasdaq 1.62% to 16,175.09 units, and the S&P 500 1.46% to 5,123.41 points. In Europe, the indices started the day strongly but the momentum did … Read more

The consumer price index rose by 0.6% in March, inflation climbs to 2.7%, apartment prices soared

The consumer price index rose by 0.6% in March, inflation climbs to 2.7%, apartment prices soared

The consumer price index for the month of March jumped by 0.6%, compared to the average forecast for an increase of 0.5%. The increase in the index at this rate again brings inflation (the increase in the index in the last 12 months) closer to the upper limit of the target range of the Bank … Read more

Salary increase for teachers, Sheinbaum offers

Salary increase for teachers, Sheinbaum offers

Ixtapaluca, Edomex. The candidate of the Let’s keep making history coalition, Claudia Sheinbaum, promised, before thousands of supporters, including members of the teaching profession, to increase the salary of teachers “to at least the average salary registered in the IMSS.” He insisted: “We are going to recognize in the Constitution, in article 4, the support … Read more