euro area
Economy
Cost of Labor Increased By 2.2 Percent in Euro-Area, Data Reveals
The cost of labor was increased by 2.2 percent in Euro-area during the second quarter of 2018, according to data published by Eurostat.
This didn’t happen due to higher wages but mainly because of the increase in taxation of labor.
Across...
Economy
George Soros: Greek Default May Not Result in Greece Euro Exit
Billionaire investor George Soros said a default of Greece may not have to result in an exit of the country from the euro area.
“Greece may pose a problem if it in fact defaults but defaulting by itself doesn’t necessarily...