European private businesses’ biggest challenge is the increasingly growing skills shortage that is preventing them from hiring the right talent for growth. A PwC survey across 31 European countries shines a spotlight on a wider, ongoing issue across the region. PwC estimates that the skills shortage is costing the region €414 billion annually in lost revenues - just from private businesses. That’s around 2.6%of European GDP and is more than the combined annual GDP of Greece and Portugal.
The House of Representatives voted in its last plenary before summer recess an amendment to the foreclosure law that foresees a freeze in foreclosures and suspension for loans eligible for the ESTIA loan relief plan...
Turkey’s purchase of the Russian defense systems, which Washington says are not compatible with NATO’s defense network, is one of a series of issues which have put the allies at odds.
Distributed Ledger Technology (DLT) and more specifically, Blockchain, can offer endless possibilities in many different fields, according to speakers addressing the Cyprus Blockchain Summit, on Wednesday, in Nicosia. Finance Minister Harris Georgiades said that Cyprus aim to be among the first countries to regulate aspects of DLT. The creation of the regulatory framework should be flexible, so that it will promote innovation and provide legal certainty and protection for both consumers and investors, House President Demetris Syllouris noted from his part...
The coming weeks will naturally see an emphasis on New Democracy’s proposals on all the major issues, from the economy and security, to education and health. At the same time the new prime minister will have to strike a balance between the rival forces within his party’s ranks, combining the new with the old.
Britain’s Labour Party leader Jeremy Corbyn challenged whoever becomes the country’s new prime minister to test their Brexit plan with a second referendum on European Union membership, saying his opposition party would campaign to remain.
Discussion on Greece was brief at Monday’s Eurogroup, but the council of eurozone finance minsters sent a clear message to Athens that creditors are ready to cooperate with the new government while warning that the handouts announced in May by the previous administration are putting growth and fiscal targets at risk...
Conservative politician Kyriakos Mitsotakis was sworn in as Greece’s new prime minister on Monday after storming to victory on a pledge to create jobs and lure investment to the economically stricken nation...
Under the deal, Ursula von der Leyen, a close ally of German Chancellor Angela Merkel, will replace Jean-Claude Juncker as president of the European Commission, the EU’s executive arm...
A total of five bills concerning a new foreclosure legislation are expected to be discussed on Thursday at a meeting of the House of Representatives Finance Committee...
Carbo One Ltd is one of the biggest players in the world coal market with an almost 20 year experience, circulating more than 75 million tons of the good...
In the last decade of the nineteenth century in America, two influential newspapers - New York World and New York Journal – went all out in a fierce competition that adopted sensationalized news reporting, prompting New York Press affiliates to coin the term yellow journalism...
I have said many times that impunity, irresponsibility, and the lack of accountability, have hit hard on our ill-fated society in the last half century and I have documented these misfortunes...