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Eastern European countries have a competitiveness problem amid successive wage increases in recent years, and the foreign direct investment they benefit from could suffer, according to a recent study carried out by the IESEG School of Management, taken over by the French publication Les Echoes.
Halfway through an eight-year stint as head of the European Central Bank, Christine Lagarde has cause to cheer as inflation finally slows after an unprecedented streak of interest rate hikes. Should further shocks arise, Dor said Lagarde could be left facing the dilemma of either adopting a "wait-and-see approach" -- knowing that the ECB already received criticism for reacting slower than other central banks when prices started climbing -- or raising rates further.
Halfway through an eight-year stint as head of the European Central Bank, Christine Lagarde has cause to cheer as inflation finally slows after an unprecedented streak of interest rate hikes.
Halfway through an eight-year stint as head of the European Central Bank, Christine Lagarde has cause to cheer as inflation finally slows after an
Halfway through an eight-year stint as head of the European Central Bank, Christine Lagarde has cause to cheer as inflation finally slows after an unprecedented streak of interest rate hikes.