Foreign Affairs
Eurozone GDP on the rise, lags behind 2019 though
Production in the euro area industry continued to increase in July, after an upturn in May and June. Further relaxation of quarantine measures against the COVID-19 gave industry…
Continue ReadingGrowing risks for European business in China, but no exit in sight
European companies in China are concerned about the growing political risks of doing business in the country. They fear that they are more likely to suffer arbitrary punishments…
Continue ReadingEconomic activity flattened in August, no signs of strong bounce back sighted
Economic activity in the euro area slowed down in August compared to July, especially as the business of the services sector was significantly reduced. That’s what the British…
Continue ReadingIndian economy in an unprecedented downturn
India’s economy showed a historic decline of 23.9 percent in the second quarter compared to a year earlier. The Indian economy, one of the largest in Asia, was…
Continue ReadingSaudi Aramco suspends construction of refinery in China
Saudi state oil company Saudi Aramco is suspending an investment in a refinery and petrochemical plant in China. The company wants to reduce its investment to cope with…
Continue ReadingPoliticians try to build fences around corporations that want to leave Netherlands
The law legislation proposed by local political party GroenLinks puts an obligation at multinational companies that wish to leave the Netherlands to ‘make a departure payment’. It may…
Continue ReadingEuropean retail and service branches are growing but the momentum is weak
The services sector of several European countries grew further in July following the strong dive in April and the first signs of stabilisation in May and June. The…
Continue Reading