The Eurozone/EU Economy for the Next Decade (2021-2030)

The Eurozone & EU economy equally is expected to start recovering by the end of Q3 2021. But until then the economies of the euro area member countries will be characterized by high budget deficits in their annual government budgets, by high public debts (in some euro area member countries general government debt will exceed …

Pandemic Forces Governments to Adopt Socialist Economic Policies

The ever-increasing implementation of the monetary policy, which, due to the pandemic and its measures to deal with economic shutdowns and social isolation, in other words the continuous printing of money, is being used to cover the damage caused to economies while providing state aid to both workers and businesses (in the form of subsidies …

Success Guide for CEOs for the year 2021

What is certain is that 2020 was disastrous for both the macro-economy (country economies, country bloc economies and the global economy) and the micro-economy (businesses, companies, groups of companies, etc.). No one can accuse the Chief-Executive-Officers (CEOs) and general managers of companies and businesses in general of failing to anticipate this mess caused by the …

The “Red Dragon” (China) Grows Worldwide

While the Covid-19 pandemic was initiated by China (Wuhan Province) and it appeared that the Chinese government was taken by surprise, the subsequent successful management of the response to the pandemic strengthened Chinese citizens’ confidence in the communist regime of China, increased the national confidence and pride of the Chinese (always comparing it to the …

The Future Transformation of the Nature of Businesses

It is now a fact that the Covid-19 pandemic acts as a shaper of business developments either as an accelerator for them or as a catalyst for changes in the redefining of the business plan survival of businesses. The first transformation concerns the consumer’s approach and given that the regime of selling products directly from …

Guide to Poor Countries to Recover from Bankruptcy

According to a recent report by the International Monetary Fund (IMF) and the Institute  of  International Finance (IIF) from 2016 to September 2020, global debt has increased by $52trilion while in the period 2012-2016 it has increased by $6trillion; global debt is expected to exceed $277trillion in total by the end of 2020. The biggest …

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