Finance

Malta’s Economic Boom And The Resulting Influx of Foreign Workers is Creating a Housing Shortage

Malta has continued to show its economic strength, as real GDP grew by 7.5% during the third quarter of 2018,…

Italy’s 30-Year Bond Sale Raises 8 Billion Euros

Italy is teetering on the edge of a recession for the third time in a decade. And yet, upon the…

EU Countries Deepen Economic and Monetary Union, But More Work Is Needed

At the Euro Summit in Brussels, on December 14th, EU leaders agreed on a major measure to deepen integration of…

Cyprus Stock Exchange Turns Island Into Investment Hub

Cyprus — long a land for tourists looking for a beautiful island getaway on the Eastern Mediterranean — is steadily…

Italy’s Banca Carige Intervened by the ECB

In the final days of December, the European Central Bank took control of the troubled Italian bank, Banca Carige. This…

Cypriot Hotels & Tourism Boom Amid Longer Season & More Diverse Offerings

The Cypriot economy has been on an upward trajectory for the past six years, since the economic crisis in 2013.…

France Launches Tech Tax On January 1st, Urging The EU To Agree On A Common Digital Services Tax

An EU-wide tech tax is still stalled, and tired of waiting it out, France has decided to tax big tech…

Italian Financial Markets Rally in Response to a Last Minute Deal on the 2019 Budget

Just in time for the holidays and Italy’s Dec. 31st final deadline, Italy and the EU brokered a deal on…

Spain’s 2019 budget in Doubt as Far-Right Vox Makes Gains in Regional Elections in Andalucía

On December 2, 2018, mere days before the 40th anniversary of the ratification of the Spanish constitution, Andalucía held elections…

Italy’s Budget Talks with the EU Overshadowed by the Recent Turmoil in France

The EU Commission and Italy continue to butt heads over Italy’s budget proposal, but economic uncertainty, along with recent events…
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