The United Kingdom looks towards Australia to forge a new trade agreement, useful to overcome Brexit. The first Australian minister, Malcolm Turnbull, told the new British colleague, Theresa May, who would like to see the two countries enter into a free trade agreement as soon as possible, after the UK vote on the output from the EU, as also reported by office of the same May.
After the failed coup, Turkey remains a central concern of economic observers. According to reports from Bloomberg, political instability would become a disaster for the country, which currently finances the majority of its expenditure and investment projects with foreign capital. The opinion of analysts is that the budget deficit will rise up to 4.5% of GDP.
The first call of the Italy-Switzerland 2014-2020 Interreg program begins with the stage of submission of expression of interest. The Programme co-funded by the European Union aims to support the development and the cross-border cohesion Italy-Switzerland (four Italian regions and three Swiss cantons) making the most of local resources, taking advantage of the distinctive features of the two sides and consolidating international relations. The expression of interest (project idea in summary form) must be submitted by September 15, 2016.
The UK will continue to be one of the leading countries of Europe and to participate actively in the EU bloc policies despite the decision to leave the organization, such as Boris Johnson, the new British Foreign Secretary said in his first official appearance in Brussels to reporters on the sidelines with the EU countries.
The European Commission is implementing a new list of offshore centers outside Europe. After the Panama Papers scandal all companies, with a turnover of 750 million euro, operating in the […]
Patrick Harker, president of the Federal Reserve Bank of Philadelphia, has minimized the impact on the economy Brexit US and confirmed his opinion that this year increases could be two, also three increases in interest rates by the Central Institute of Washington. "The Brexit is positioned at the bottom on my list of risks and I do not expect more than a few tenths of a percent of transitional slowdown in growth", because of this event, he said Harker yesterday evening.
The Governor of the Bank of England Marl Carney decided to displace the analysts who were already positioned on a rate cut and a return, even, of a Quantitative Easing in the UK market: the final and official decision is to keep rates unchanged to a record low of 0.5% with a large majority even within the board that ultimately voted almost compact (8 to 1 the outcome) to maintain, at least until August, the status quo.
The result of the referendum is still too recent and especially unexpected, thus subject to strong emotion, to be able to afford to make decision
Italy’s recovery continues, but more than expected, due to the outcome of the referendum on Brexit that slows the growth of the country, with the GDP will record a lower growth to 1% in 2016 and equal to 1% in 2017.
The IMF cuts economic forecasts for Italy, which asks for action on the front of the banks with their 360 billion euro of non-performing loans in the financial statements impede investment and growth.
