ECB Forecasts Significant Slowdown in Eurozone Wage Growth for 2025
According to data from the European Central Bank (ECB), wage growth in the eurozone is anticipated to decelerate substantially this year
German Chancellor Angela Merkel's coalition has seen new strains, as a junior partner has demanded that she issue an instant denial after international calls for a massive expansion of the eurozone's existing safety net emerged.
New legislation is scheduled for passage this Thursday to enhance the 440-billion-euro European Financial Stability Facility (EFSF). Merkel went on television late Sunday to canvass public support, DPA reports.
"The chancellor must clarify very quickly that there are no changes in the EFSF rules," Christian Lindner, general secretary of the Free Democratic Party (FDP), has commented.
Germany "has to mind the limits of what is feasible"Horst Seehofer, leader of the Bavaria-only Christian Social Union (CSU), the third party in the ruling coalition, has declared, also opposing the notion of a wider bailout mechanism.
A handful of mavericks in all three parties in the coalition intend to vote against the bills, according to DPA. Merkel has struggled to soothe public opinion and calm fears that her coalition is on the verge of break-up over aid to troubled eurozone borrowers.
The son of CIA Deputy Director Julian Gallina Gloss has reportedly been killed while fighting for Russia in Ukraine
US President Donald Trump has once again emphasized his stance that Crimea will remain part of Russia
A senior Russian general has been killed in a car explosion in Balashikha
The United Kingdom is reconsidering its plans to deploy thousands of troops to Ukraine due to concerns over the significant risks involved
The Ploiești Court of Appeal has ruled to annul the decision of the Romanian Constitutional Court, which had previously invalidated the results of last year’s presidential election
Kyiv Mayor Vitali Klitschko has acknowledged that Ukraine might have to consider the temporary loss of some territory to Russia as a possible route to achieving peace
Google Street View Cars Return to Bulgaria for Major Mapping Update
Housing Prices Soar in Bulgaria’s Major Cities as Demand and Supply Strain Increase