High interest rates and soaring building costs have drastically reduced the demand for new buildings in Europe. So far, ongoing projects and a heightened focus on sustainability have prevented construction volumes from shrinking, but we’re expecting to see a steep decline begin to emerge in 2024
EU politics
Cyprus Mail: Cuba to send five hundred doctors to Italy’s Calabria region
Another EU success story! Cuba will send nearly 500 doctors to the Calabria region of southern Italy, Cuban state media reported this week, part of a broader program that sends surplus medics from the communist-run […]
Austerity
France 24: French government unveils new pension plan but crippling strikes set to continue
The legal retirement age in France will remain 62 with the new French retirement plan, but workers will need to work until 64 to get a full pension, French Prime Minister Édouard Philippe announced on […]
Economics
Eurostat: 2 Euro nations have over 20% inflation, another 7 over 10%
Euro area annual inflation is expected to be 8.6% in June 2022, up from 8.1% in May according to a flash estimatefrom Eurostat, the statistical office of the European Union. Read Here
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