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Explainer-Why Germany's property sector is in the dumps | WSAU News/Talk 550 AM · 99.9 FM - Vimarsana News

Explainer-Why Germany's property sector is in the dumps | WSAU News/Talk 550 AM · 99.9 FM

By Tom Sims FRANKFURT (Reuters) - Germany has long benefited from an era of cheap money that fuelled a decade-long boom in real estate, but now the se...

Source: wsau.com
European countries imposing windfall taxes on banks - Vimarsana News

European countries imposing windfall taxes on banks

Italy is the latest European country to hit banks with a windfall tax in a surprise move on their profits, which have been bolstered by interest rate rises, to help mortgage holders. ...

Take Five: Stimulus, storms and soft landings - Vimarsana News

Take Five: Stimulus, storms and soft landings

Inflation data from the U.S. and UK growth numbers will show how some of biggest economies are bearing up, while markets are trying to interpret China's stimulus efforts and a series of emerging...

Commerzbank posts better-than-expected 20% rise in Q2 net profit - Vimarsana News

Commerzbank posts better-than-expected 20% rise in Q2 net profit

FRANKFURT -Germany's Commerzbank said on Friday that net profit rose a better-than-expected 20% in the second quarter, helped by higher interest rates but dragged down by previously flagged problems...

Austria's RBI posts higher profit in Russia in first half - Vimarsana News

Austria's RBI posts higher profit in Russia in first half

Austria's Raiffeisen Bank International, one of the banks in Europe most exposed to Russia, on Tuesday posted a 9% rise in profit at its operations there during the first half of the year, while...