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Europe is suffering from an innovation deficit and weak productivity, putting the region’s economy on a path to stagnation unless it changes course, according to Nobel laureate Michael Spence.
The euro area economy risks falling into recession later this year after official data Tuesday showed that output shrank in the third quarter.
The euro area economy is growing again, but may struggle to maintain the momentum for the rest of the year.
Based on the results, the World Bank announced that in 2021 Russia was the world's 4th largest economy (int$5.7 trillion and 3.8 percent of the world) and the largest economy in Europe and Central Asia when measured in PPP terms (15 percent of the regional total), followed by Germany (13 percent of the regional economy).
Cooperation between China and Central and Eastern European Countries (China-CEE, China-CEEC, also 14+1; formerly 17+1 from 2019 to 2021 and 16+1 from 2021 to 2022) is an initiative by the Chinese Ministry of Foreign Affairs to promote business and investment relations between China and 14 countries of Central and Eastern Europe (CEE, CEEC): Albania, Bosnia and Herzegovina, Bulgaria, Croatia ...
ZCTAs or ZIP Code Tabulation Areas are the census equivalent of ZIP codes used for statistical purposes. The reason why regular ZIP codes are not used is because they are defined by routes rather than geographic boundaries. Thus, they have the tendency to overlap and otherwise create difficulties.
The economy of Moldova is an emerging [1] upper-middle income economy, [2] Moldova is a landlocked Eastern European country, bordered by Ukraine on the East and Romania to the West. It is a former Soviet republic and today a candidate member to the European Union .
For Europe's economy, the Nov. 5 U.S. election offers a "least bad" outcome of a challenging Kamala Harris presidency or a second encounter with Donald Trump which threatens to be yet more ...