National debt hits new record high — RT DE

Public debt in the Federal Republic has reached a new record high: as reported by the Federal Statistical Office, it now amounts to more than 2.3 trillion euros. The main reasons for this are the consequences of the Corona measures. At the end of last year, public sector debt to banks and private companies reached […]

Inflation in euro zone hits record high – will the ECB raise interest rates? — RT DE

In view of the rapidly increasing currency devaluation in the euro zone, the nervousness in the European Central Bank is increasing. Central bankers have been announcing an interest rate hike for the euro area for weeks. At the same time, the economic outlook is deteriorating. In June 2022, inflation in the euro zone reached a […]

Russia’s domestic tourism hits pre-pandemic levels this year — RT DE

According to Russian Deputy Prime Minister Chernyschenko, Russia will already reach the pre-pandemic level in domestic tourism this year. On the agenda of the domestic travel industry is, among other things, the image cultivation of domestic tourism. The pre-pandemic level in domestic tourism will be reached by the end of 2022, Russian Deputy Prime Minister […]

Inflation hits highest level in 30 years — RT DE

Rising food prices in the Scandinavian country are fueling inflation. It has now reached 7.2 percent – a high since December 1991, when inflation was 7.8 percent. Electricity prices also contribute to inflation. Inflation in Sweden has continued to rise. In May, the inflation rate (based on the consumer price index with a fixed interest […]

EU embargo on Russian oil also hits Serbia — RT EN

Although Belgrade has so far not joined the EU sanctions against Russia because of the Ukraine war, the punitive measures of the international community will also affect the Western Balkans. The Serbian President warned of a “hard winter” on Tuesday. The pressure on Serbia to join Western sanctions against Russia over its military operation in […]