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Category: Global Economy
The EU has adopted a new package of sanctions against Russia on the eve of the summit of EU leaders in Brussels.
The EU Council has approved a new trade agreement with Ukraine, which envisages increased quotas for the supply of agro-food products, Logos Press has reported.
The Nobel Prize in Economics has been awarded to Joel Mokyr, Philippe Agyon and Peter Hovitt, who argue that development requires controlled chaos, according to Logos Press.
The International Monetary Fund is demanding that Ukraine’s central bank devalue the hryvnia to strengthen the country’s finances and increase budget revenues, but Kiev is resisting such a scenario, fearing a surge in inflation and popular anger, Logos Press reported.
Estonia leads Europe with 991 technology startups per million inhabitants (in 2024). It is followed by Lithuania (474) and Latvia (429), according to a study by dealroom.co.
Analytical agency Nilson Report has published a new world acquiring rating, in which Russian Sberbank has surpassed the American JPMorgan and for the first time became the world leader, – reports Logos Press.
The exchange value of gold for the first time in history exceeded $4300 per troy ounce, – reports Logos Press with reference to Bloomberg.
Profile committees of the European Parliament voted in favor of a complete ban on imports of Russian gas and oil from January 2026, tightening the initial position of the European Commission – reports Logos Press with reference to DW.
The International Monetary Fund (IMF) has improved the forecast of the world economy growth in 2025 to 3.2% (+0.2%), compared to the April forecasts, and at the same time has taken a more optimistic look at the Moldovan economy, – reports Logos Press.
Several EU countries, including Romania, France, the Netherlands and Portugal, have increased their energy imports from Russia in 2025, and in doing so are “fueling Russia’s military economy”, according to Logos Press.
In Germany, the heating season has started with an alarming announcement by the state-owned energy company Uniper, which intends to close one of its largest gas storage facilities in Breitbrunn “for economic reasons”. – reports Logos Press.
Representatives of the EU steel sector propose to introduce quotas on steel imports, and products exceeding a certain threshold should be subject to a 50% levy, Logos Press reports.
