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Eurozone companies face increased competition from China

Companies in the eurozone are facing a slowdown in economic growth and increased competition from Chinese companies, a survey by the European Central Bank (ECB) showed. The tariffs imposed by the United States...
Frankfurt am Main, 25.07.2025 more...
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Undervaluation of the Chinese yuan supports the eurozone trade deficit

European companies are also facing increasing pressure due to China's efforts to keep its yuan currency weak. The German Economic Institute (Institut der deutschen Wirtschaft IW) said this in a report on...
Kolín, 24.07.2025 more...
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Russia overtakes Germany to become fifth largest beer producer

Russia has overtaken Germany to become the world's fifth-largest beer producer. This was shown on Tuesday by data from BarthHaas, the world's largest hop trader. TASR reports this based on a DPA...
Moscow, 23.07.2025 more...
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Austrian minister rejects pressure to introduce electromobility

Austrian Economy Minister Wolfgang Hattmannsdorfer has strongly rejected the European Commission's (EC) plans to make it mandatory to use electric cars in company fleets. TASR reports this based on a report by...
Vienna, 22.07.2025 more...
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The picture of the EU's slow catching up remains unchanged

The long-term trend of narrowing the gap between the growth rates of the Slovak and European economies, which became apparent after the global financial crisis, has not yet been broken. This gap has been...
Bratislava, 21.07.2025 more...
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G20 finance chiefs meeting in Africa

South Africa has called on G20 members to work together to address global challenges, including rising trade barriers. TASR reports this based on reports from AFP and RTÉ. The G20 is made up of 19 countries...
Durban, 18.07.2025 more...
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Slovak e-commerce continues to grow in the first half of 2025

In the first half of 2025, the e-commerce market in the Slovak Republic continues to grow, both in terms of the number of orders and total turnover in euros. The decrease in the average number of orders per...
Bratislava, 17.07.2025 more...
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Merz calls on EU to suspend global minimum tax after US exit

German Chancellor Friedrich Merz has called on the European Union (EU) to suspend the introduction of a global minimum corporate tax, arguing that the plan is no longer feasible without the participation of...
Berlin, 16.07.2025 more...
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Trump's Brazil tariffs could push US coffee prices even higher

Import tariffs announced by US President Donald Trump on Brazilian products in recent days have unsettled coffee markets and are expected to cost Americans even more after previous price increases, according...
New York, 14.07.2025 more...
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European Parliament adopts resolution on export restrictions on raw materials from China

The European Parliament (EP) adopted a resolution on Thursday in Brussels, at the initiative of MEP Miriam Lexmann (EPP/KDH), on measures that the EU should take to protect its economic, security and strategic...
Bratislava, 11.07.2025 more...
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