The indications to date for the euro area economy raise reasonable concerns, increasingly removing the scenario for a recovery of its V-shaped economy and increasingly approaching the scenario of slow and uneven K-shaped growth. At the same time, the governments of the euro area member countries are particularly concerned about the further recession that the …
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The Causes of Stock Market Collapse and Safe Future Investment Refuges
Earlier this week the revelations of the International Consortium of Investigative Journalists and in collaboration with Buzzfeed on the content of Fin Cen files and always on the laundering of astronomical amounts for more than twenty years by the largest banks in the world gave the “charismatic shot” to stock market indices that over the …
The Inequality of Borrowing Cost Rates in the Eurozone
The European Central Bank (ECB) recently published data on the borrowing rates of households, businesses and the overall long-term borrowing costs respectively for both the Euro area and each of its member countries (Source: ECB, https://data.europa.eu/euodp/en/data/publisher/ecb). What continues to trouble us from the graphs below is the fact that a Eurozone of different speeds appears …
Maritime Industry: New Shipbuilding or Purchase and Upgrade of Used Ships
Many shipping companies as well as warships of navies of all countries to develop their services and at the same time follow technological developments choose either the construction of new ships (or surface ships and sub-surface sea ships when we refer to a navy) or the acquisition of used ships and the possible upgrading of …
How the Product of Tourism That Respects the Environment Develops Creatively
2020 will be a landmark year for countries whose large part of their GDP composition is based on the product of tourism and the environment respectively, concepts that are causally linked. The Covid-19 pandemic caused a profound decline in the GDP of these countries due to the loss of revenue from their tourism product. It …
How the Negative Consequences of a Project Can Be Avoided
The post Covid-19 era forces all businesses to adapt to the new reality of revising the way they operate with the goal, first their survival and then create value and goodwill. To achieve these goals, businesses design and then implement transformation projects that include the full range of their business. This is true in both …
Turkish Economy Crisis Reflects Turkish Lira Crisis
The Crisis of the Turkish Lira is a direct consequence of the crisis of the Turkish Economy. The fall of Turkey’s national currency continues. In 2016 and specifically before the effort to established a coup in Turkey, the Turkish lira and $USD exchange rate was at USDTRY: 2,93 (June 10, 2016) while last week it …
The Challenges in the Energy Sector After the Covid-19 Era
All economic activities were adversely affected by the implementation of measures to tackle the Covid-19 pandemic. The same was the case with the energy sector, which has experienced drastically reduced demand, increasing the feeling of uncertainty among shareholders and investors in such companies-energy producers. According to data from the organization International Energy Agency (www.iea.org) during …
The Relation of The Businesses With the “New” Customer After The Covid-19 ERA
The new data launched worldwide after the spread and treatment of the Covid-19 pandemic, among other things, also shape the behaviour of each company’s customers. From a business point of view, therefore, the challenges in terms of their customers portfolio are based on being able to correctly predict which consumer trends and behaviours will last …
EU vs. Apple
The European Court of Justice in its judgment of 15 July 2020 ruled that the evidence provided by the European Commission was insufficient to show that Apple benefited from an artificial reduction in the tax rate in 2014, thus annulling the Commission’s mandate to Apple to pay in Ireland – a member state of the …