Tue. Oct 8th, 2024

TRADE & COMMERCE

LATEST NEWS

Speech by Commissioner McGuinness at the Polish Agribusiness Finance Forum

In the last two years, interest rates have increased. As inflation comes under control, interest rates are stable. In the Eurozone, the ECB is cautious on if or when interest rates might come down. The EU is driving the ‘sustainable finance agenda’: ensuring that investments are future proofed to deal with the transition towards sustainability.

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Serbia: IMF staff agreement on 3rd review under the Stand-By Arrangement

The Serbian economy has been preforming well under the IMF-supported program, despite the challenging global and regional environment. Macroeconomic outcomes in 2023 exceeded expectations and are expected to remain strong in 2024. Growth is projected to increase to 3.5 percent in 2024, and to 4.5 percent in 2025, as domestic demand picks up.

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European Semester: EU Commission publishes reviews for six Member States to assess macroeconomic imbalances 

The 2024 Alert Mechanism Report (AMR) adopted in November 2023 as part of the European Semester Autumn package selected 12 Member States for which an IDR should be prepared. The European Semester is the European Union’s framework for the coordination and surveillance of economic and social policies. The remaining six IDRs for France, Germany, Greece, Hungary, Italy, and Portugal will be published in the coming weeks.

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Statement of the Euro Summit, meeting in inclusive format

Open, well-functioning and integrated European capital markets are crucial to promote the Single Market, improve funding sources for growing companies, including SMEs, and to offer attractive saving opportunities to EU citizens. This is key to boosting EU investment, competitiveness and innovation, thereby ensuring sustainable growth and job creation. Taking note of the letter of the President of the Eurogroup of 18 March 2024, we are determined to urgently speed up

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