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Amanda Anna G

Revenues rise at shopping mall firm | Herald Scotland - 0 views

  • The Scottish company said that gross revenue for the year increased 22.2% to £36.8 million, up from £30.1m in 2012 while net ­revenue was up 5.3%, or £700,000, at £13.8m.
  • Spaceandpeople said it had managed to expand its client base, adding the likes of St Pancras International station in London, while also increasing sales among existing customers in its core markets of the UK and Germany.
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    Firms in the UK and Germany have experienced revenue rise in its core markets. The analysts at Edison Investment Research say that there will continue being increasing business levels from existing clients.
Jakub B

The Country Where Unemployment Is Better Than Employment - 0 views

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    The article discusses the problem of job allowances and other benefits that discourage people from working. Germany is an example of such a country and its policy is described in the article.
Hardy Hewson

Foreign trade drives fourth quarter German growth as domestic demand disappoints - 1 views

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    This article discusses Germany's GDP in detail
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    The attached article compares and contrasts the contribution made to aggregate demand by varying foreign and domestic demand. It states, that despite relative increases in demand overall (especially in public opinion), domestic demand figures are still low. Instead, foreign trade appears to make up the majority of aggregate demand in the overall economy.
Aleksi B

India Plans Price Controls on Patented Drugs - WSJ.com - 0 views

  • India plans to widen the scope of price controls on pharmaceuticals
  • The new proposals would extend price restrictions beyond generic medicines to apply for the first time to patented drugs
  • The plans come as Bayer AG BAYN.XE -0.17% Bayer AG Germany: Xetra €94.89 -0.16 -0.17% Nov. 15, 2013 5:35 pm Volume : 2.67M P/E Ratio 25.24 Market Cap €78.47 Billion Dividend Yield 2.00% Rev. per Employee €363,176 10/31/13 Bayer Boosted by New Drugs 09/13/13 Bayer Under Scrutiny in China More quote details and news » BAYN.XE in Your Value Your Change Short position is fighting an order from India's patent authority that required the Germany company to issue a license allowing an Indian generic-drug company to sell a less expensive copy of Bayer's patented cancer drug Nexavar.
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  • India sets prices for 74 generic medicines and is considering increasing the number of medicines covered by price caps to 348
  • Any attempt to restrict prices of patented drugs likely will rankle foreign pharmaceutical companies
  • The move raised fears in India that without price controls patented drugs might be unaffordable for a majority of the country's 1.2 billion people.
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    The article explains on how India are planning to put price controls on their drugs making them go for lower prices so that people can afford them.
Pip Dop

Judy Asks: Time for Greece to Leave the Euro? - 0 views

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    Debt forgiveness is not exclusively reserved for developing nations: this article discusses whether Greece should leave the Euro. It mentions the fact the Germany and other EU nations have avoided outright debt forgiveness because the terms are conditional, and Greece is not willing to commit itself to the policies it is required to introduce in return for debt relief.
Haydn W

France's Fiscal Policy Targets Very Challenging Says IMF - NASDAQ.com - 0 views

  • PARIS--French President Francois Hollande has chosen the right path to repair the country's economy and finances, but its fiscal targets are very challenging, the International Monetary Fund said Thursday.
  • At the start of the year, the socialist leader switched from a policy of tax increases to spending cuts to bring down the budget deficit.
  • The planned reduction in taxes mean that the cutbacks to spending relative to trend will need to be very large if public finances are to be brought back to balance
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  • If the government delivers the EUR50 billion ($68.5 billion) of savings over 2015 to 2017 that would be "remarkable by historical standards," the IMF said.
  • data on Thursday showed the French economy remained weak at the start of this year, while Germany posted better-than-expected growth. France escaped the wider euro-zone recession that followed the bloc's debt crisis, but it has failed to post strong growth for the last two years and the government has repeatedly missed its targets for bringing down the deficit.
  • Mr. Hollande launched a Responsibility Pact, under which payroll taxes on businesses would be cut in an effort to boost investment and recruitment
  • The IMF said the measures in the Responsibility Pact would only slowly boost growth to around 1% this year and 1.5% in 2015. It also warned there are risks of a weaker rebound and that inflation would remain around 1% with the economy operating well below capacity.
  • The IMF said the European Central Bank--which indicated last week it may launch stimulus measures in June--could do more to help France meet its targets.
  • "More accommodative monetary conditions would help with the implementation of the fiscal program and bring forward the benefits of structural reforms," the fund said.
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    This article details France's success in it's road to recovery following the Eurozone sovereign debt crisis. This week the IMF has hailed president François Hollande's cutback path to repair the countries economy but commented that his targets may be 'very challenging.' This comes after the French government has delivered vast savings through austerity measures whilst retaining general stability despite the rise of far-right groups like The Front National. In my opinion for a country in the eurozone Hollande's France seems to be doing well for itself on the road to recovery and could set an example for other Eurozone countries, like Greece and Portugal.
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