The decisions of the governments of the developed countries of the world to strengthen with state capital all the companies of their countries in a horizontal way, which companies asked for protection against the economic crisis caused by the measures against the pandemic Covid-19, were correct. The problem is the duration of these government liquidity
The spread of the Coronavirus pandemic and the ways to deal with it (lockdown, social exclusion & isolation) are causing tectonic changes in the size of GDP shrinkage and in total economic activity. In recent years, the exogenous factors that determine the levels of demand for services and products in many sectors of the economy
The world’s most vulnerable economies, the developing economies, which, before the crisis caused by the Covid-19 (Coronavirus) pandemic, were already vulnerable to external shocks while carrying relatively high budgetary deficits in their state budgets and high public debt, are also the ones that will face the worst problems left behind by tackling this pandemic. With
Gold is one of the most interesting investment choices, especially in times of economic recession, hyperinflation and general social crisis as is currently the case due to the Covid-19 pandemic around the globe. In March, gold price experienced the biggest rise for the past seven years, mainly for two reasons: 1. All the world’s central
Since the eruption of the Covid-19 (Coronavirus) outbreak in the countries of the West (EU, UK, USA, etc.) which are severely affected and the adoption of restrictive measures on the movement of citizens and a general lockdown on their economies, the governments of all these countries that are taking these measures constantly say that in
The terrifying economic downturn that the developed economies of the world are gradually facing, especially that of the US, due to the Covid-19 (Coronavirus) pandemic is much worse than the global financial crisis of 2008 caused by the collapse of the US investment bank Lehman Brothers Holdings Inc. This is because the current crisis is
The EU last week announced that the enforced rules on budgetary discipline are being suspended in order the member-countries of Eurozone to deal drastically with the upcoming recession due to the Covid-19 (Coronavirus) pandemic. US Senate House on March 25 approved the $2trillion fiscal package proposal of US President Donald Trump to support the US
The Action Plan titled “Towards a Sustainable Europe by 2030” presented by the EU Commission on the future EU circular economy, which will be gradually denatured over the next two years, includes many measures at both pan-European and member-country level. We could describe some of these planned plans to make it more understandable as to
The euro area and EU member countries in general are gradually entering the peak of the evolution of the crown in line with the stages initially followed by Italy in dealing with this coronavirus. A period of three to five weeks is the important stage of the climax of the pandemic that will determine whether
When we refer to Tax Havens around the world, we mean all those countries around the world that offer an impenetrable secret wealth haven that is not taxed. It is commonplace for such tax havens to be countries that are not distinguished by strong economies or industries but base their prosperity solely on what is
