Greece’s seasonally adjusted (SA) unemployment rate edged up slightly to 9 percent in March, from 8.6 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday.
The first polls published after the announcement of a new support package for pensioners and renters suggest that the initiatives were enough to arrest New Democracy’s slide, while indicating that the pressure is on the government for further voter-friendly measures.
This article analyses the medium-term fiscal-structural plans that euro area countries have submitted under the revised Stability and Growth Pact. It discusses the fiscal and economic implications of this framework over the short and medium term, also factoring in – on a preliminary basis and acknowledging the major uncertainty ahead – the recent proposal by the European Commission to activate the national escape clause in the Stability and Growth Pact in a coordinated manner.
The future of work is already here—but our social policies are stuck in the past.
Most levies on imported cars and car parts will remain in place, but automakers have secured some relaxation of the trade policy.
The White House press secretary, Karoline Leavitt, attacked the retail giant over a report that suggested Amazon would highlight tariff-related price increases. Amazon said it was “not going to happen.”
Despite his administration’s lack of concern about climate change, a recession would give the atmosphere a break. At least in the short term.
But the effects of the levies, which have created uncertainty for businesses, have not yet been fully felt.
In its latest annual publication, insurance group Hiscox surveyed more than 2,000 cybersecurity managers in eight countries including France. Two thirds of the companies in the survey reported having been the victim of a cyberattack between mid-August 2023 and September 2024, a 15% increase over the previous period.
The planned concessions to give automakers more time to relocate production to the United States would still leave substantial tariffs on imported cars and car parts.
