Refugee crisis, China’s slowdown, the future of the Euro, the risk of Brexit, and terror threats – all high on the agenda at the WEF in Davos. Finland's finance minister warns: the 3 most pressing problems must be contained and managed this year.
Britain's departure from the EU will leave a hole in the budget of approximately 12-13 billion euros. Budget Commissioner Guenther Oettinger has a tough job ahead of him convincing member states to pony up more funds.
Falling energy prices brought inflation in Germany back down to zero percent in February, adding pressure on the European Central Bank (ECB) for more stimulus to avert possible deflation in the wider euro area.
During her trip to Saudi Arabia and the United Arab Emirates, the German chancellor is to have talks about larger economic cooperation. Her hosts have seen their domestic economies suffer from dropping oil prices.
Germany has always had a special place in Europe, economically and historically. But in the age of Trump, Erdogan, Putin and Brexit, EU politician Guy Verhofstadt says this heavyweight has just gotten a bit heavier.
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