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The UK retail sales grew in Q2 2018

July 20, 2018 11:55 am0 comments
The UK retail sales grew in Q2 2018

The UK retail sales grew at the fastest rate for more than a decade in the second quarter of 2018, giving the Central Bank of England confidence in the interest rates survey next month. The retail sales volume declined only by 0.5% in June. The sales for the second quarter, however, rose by 2.1% compared to the first three months of the year, which is the largest increase since the […]

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The EC introduces temporary responsive measures on imports of steel products

11:44 am0 comments
The EC introduces temporary responsive measures on imports of steel products

The European Commission is introducing temporary responsive measures in the form of higher duties on imports of a number of steel products from third countries in an attempt to counter the consequences of Washington’s tariffs. The new measures came into force on Thursday (July 19) and does not include traditional imports of steel products.They will affect 23 product categories and will take the form of a tariff quota, with 25% […]

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Hungary meets NATO commitment to increase its military spending to 2%

July 19, 2018 1:59 pm0 comments
Hungary meets NATO commitment to increase its military spending to 2%

Hungary will meet NATO commitment to increase military spending to 2% of its gross domestic product (GDP) head of the schedule, but it is not ready to reach US President Donald Trump’s request for 4%. This was told by Hungarian Foreign Minister Peter Szijjarto. He pointed out that the discussion of this issue should be based on facts. “And the facts are that NATO has an ongoing agreement to increase […]

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Juncker Plan has attracted 335 billion EUR

1:46 pm0 comments
Juncker Plan has attracted 335 billion EUR

The European Fund for Strategic Investments (EFSI), also known as the Juncker Plan, has attracted 335 billion EUR of additional investment into the EU. With the support of an EU budget guarantee and the own resources provided by the European Investment Bank (EIB) group, 898 actions were approved, which are expected to generate 335 billion EUR of investment in the 28 EU countries. This is more than the initial target […]

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Italy is committed to building the international TAP gas pipeline

1:01 pm0 comments
Italy is committed to building the international TAP gas pipeline

Italy is committed to building the international TAP gas pipeline, said the Italian President Sergio Mattarella during his visit to Azerbaijan. The country is at the end of the Southern Gas Corridor – a massive gas pipeline project that will transport gas from Central Asia to Western Europe. Italy, which has already committed to the pipeline, may try to change its route because of the danger of a negative impact […]

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