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22 Nov 2023

German growth forecasts for 2024 have been cut following the budget chaos after the Constitutional Court declared govt's spending plans unconstitutional

The consensus now expects GDP growth for Germany of just 0.4% for the coming year. Source: Bloomberg, HolgerZ

20 Nov 2023

Wine production reached 16.1 billion (bn) litres in the EU in 2022. Top producers:

1) Italy (5.0 bn litres) 2) Spain (5.0 bn litres) 3) France (3.4 bn litres) Source: EU Eurostat

15 Nov 2023

The Shanghai Cooperation Organization (SCO) is a Eurasian entity uniting political, economic and security interests

It serves as a counterweight to Western influence in the region. Source: Visual Capitalist

13 Nov 2023

It looks like Germany is in for high electricity prices for quite some time...

Source: HolgerZ, Bloomberg

8 Nov 2023

Will Lagarde / ECB cut rates sooner than anticipated ?

Source: AndreasSteno

7 Nov 2023

The European composite PMI output index pointed to the sharpest decline in nearly three years

October's data also showed firms in the region cutting staff on a net basis for the first time since early 2021 The region is quite likely to go into a recession. Source: Markets Mayhem

6 Nov 2023

Will she get it right this time?

ECB

3 Nov 2023

Belgium and Netherlands are now in deflation

Source: SocGen, TME

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