Crisis looming as 60% of German households dipping into their savings to stay afloat
Germans are increasingly living paycheck to paycheck, and according to experts, the real pain has not even hit yet
Europe will be the biggest loser of the global economic crisis, think tank head warns
The European Union’s energy sanctions only serve to deepen an already dire crisis
Poland’s central bank raises interest rate to 6.75% to combat inflation
Poland’s central bank on Wednesday raised the interest rate from 6.5 percent to 6.75 percent in a move that had been widely expected in light of inflation rising above 16 percent in August
5 million German jobs will be lost if Russia cuts gas supply, warns major business association
With an import rate of 89 percent, Germany is almost totally dependent on foreign supplies of natural gas
German finance minister warns of a ‘severe economic crisis coming’
Christian Lindner is ringing the alarm bell, saying a crisis may be just months or even weeks away
Data shows the Polish consumer is under pressure
Rising prices and higher interest rates dampened consumer spending in May, but the influx of Ukrainian refugees and their added consumption has helped to moderate the slowdown
Poland: Rising wages not keeping pace with inflation
Polish economic data for May shows rising wages have failed to keep pace with inflation for the first time in two years
In May, confidence in Czech economy was highest in a year and a half
It increased from 94.7 points in April to 99.7 points
Fewer Czechs live in ‘overcrowded housing’ than the EU average
Only 1.6 million Czechs lives in a “crowded household”, which may sound like a lot, but which is lower than the European average
Almost every second Czech believes the crisis is here: survey
For 2021, a pessimistic view slightly prevails
Czech citizens are increasingly worried about their economic future: study
Czechs expect the economic situation to even worsen
Battle for EU funds intensifies
All sides are rallying the troops for upcoming EU summit
Western Europe to account for only five percent of world car production by 2030
The share will decrease by 10 percent in 10 years