American President Donald Trump last week ratified two bills approved by Congress and concerned the defence of the protection of the Hong-Kong demonstrators. These bills, among others, stipulate sanctions against Chinese officials who are involved or will be involved in human rights violations. In addition, reference is made to the imposition of restrictions on the
The overall picture of the European banking system after eleven years of the financial crisis of 2008 is much better but it creates scepticism. The EU after the financial crisis of 2008 took courageous decisions to rescue Euro-area member states while also setting the roadmap for consolidating the European banking system. The Single Supervisory Mechanism
The ever-increasing political pressure at global level and the sensitivity of an increasing proportion of citizens on the planet to take immediate measures to slow down climate change for the worse, force the governments of many states which their economies is based on exporting and trading of hydrocarbons to develop alternative industries and markets with
In the effort of the EU-Commission to improve the performance and gradation of the Greek economy by creating a “safety” net that will allow the Greek banking system to surpass the reef of the stress tests of the ECB, has instructed the Greek government to apply an Asset Protection Scheme to the balance sheets of
The President of France Emmanuel Macron after he managed to bypass the “obstacle” of the yellow vests, he is now confronted with the greatest challenge of his presidency which will largely judge and renew his term of office in the Presidency of France. The acceptance by the social partners of the French government’s proposed reforms
The shock caused on the demand side of the real estate market in Dubai (UAE) has caused a price drop in the real estate market of between 25%-35% compared to 2014 price levels. This situation has as a direct consequence that the construction industry in the United Arab Emirates is constantly moving in uncharted waters
In EU member countries (e.g. Denmark, Germany) commercial banks are proceeding to mortgage loans with a negative lending rate. In other words, these banks grant discounted housing loans to borrowers and since the repayment of the mortgage loan not only will not be paid interest, but the borrower will repay capital in total less than
On 09 September 2019 the updated report of the Global Commission on Climate Adaptation was presented in China (Beijing) (Global Commission on Adaptation (GCA)). This committee was created in 2018 and consists of 19 countries, from UN agencies on climate and environment, and from the former UN Secretary-General Ban-Ki-Moon, Bill Gates the founder of Microsoft
Part-time jobs in modern societies and economies give an employment exit to several citizens who cannot for personal, family and other reasons work in jobs with the full-time regime. It is a common occurrence to take part-time jobs mainly for women due to family responsibilities, while men in overwhelming proportion undertake work with the status
In the last year, Russia has seen a spectacular and continuous increase in consumer credits granted to households and individuals. This increase approximates 25% compared to the previous year and translates to an amount of 1.8 trillion rubles or €25 billion. The Russian central bank, for its part, in its effort to limit this phenomenon
