Friday, September 2, 2016

EU - Results for the United States and five large European economies suggest that (i) there are important differences in the length and size of financial cycles across countries, but in most countries financial cycles are, on average, longer and larger than GDP cycles .. - Research - ECB

Publication  -  How distinct are financial cycles from business cycles?  -  By Gerhard Rünstler


One foundation for developing new macroprudential policy in addition to traditional macroeconomic stabilisation policy is that financial cycles differ from business cycles.

Ανάκληση άδειας λειτουργίας και Επιβολή προστίμων σε Εταιρίες και Τραπεζικό Όμιλό, από την Επιτροπή Κεφαλαιαγοράς ..

Δελτίο Τύπου  - Διοικητικού  Συμβουλίου της Επιτροπής Κεφαλαιαγοράς



Το Διοικητικό Συμβούλιο της Επιτροπής Κεφαλαιαγοράς κατά την 763/31.8.2016 συνεδρίασή του αποφάσισε:

Global Economy - The global outlook for growth remains subdued. Financial markets have largely recovered from their immediate plunge following the United Kingdom referendum. Recent data, however, show muted activity, slower trade growth, and very low inflation, pointing to an even more modest pace of global growth this year.. - IMF

RESEARCH -  Group of Twenty IMF Note — Leaders' Summit  - IMF Note on Global Prospects and Policy Challenges



EXECUTIVE SUMMARY 

Η ελληνική οικονομία παραμένει και γίνεται όλο και πιο κλειστή - Είναι η πιο κλειστή και η λιγότερη ανταγωνιστική αγορά στην Ε.Ε. - Το εμπορικό έλλειμμα της ελληνικής οικονομίας διευρύνεται συνεχώς, με την αξία των εξαγωγών (συμπ. καυσίμων) να βρίσκεται σε ιστορικό χαμηλό σε βάθος πενταετίας... - ΣΕΒΕ

Δελτίο Τύπου -  SOS ΣΕΒΕ στον Πρωθυπουργό για σχέδιο δράσης για τη στήριξη των εξαγωγών 


Η μείωση της ανεργίας προϋποθέτει αύξηση της οικονομικής ελευθερίας με ουσιαστική ενίσχυση των εξαγωγικών επιχειρήσεων

EU - Member States cannot give tax benefits to selected companies – this is illegal under EU state aid rules. The Commission's investigation concluded that Ireland granted illegal tax benefits to Apple...

Press Release -  European Commission -  State aid: Ireland gave illegal tax benefits to Apple worth up to €13 billion  - Brussels, 30 August 2016



The European Commission has concluded that Ireland granted undue tax benefits of up to €13 billion to Apple. This is illegal under EU state aid rules, because it allowed Apple to pay substantially less tax than other businesses. Ireland must now recover the illegal aid.

Thursday, September 1, 2016

USA - U.S. crude oil imports averaged over 8.9 million barrels per day last week, up by 275,000 barrels per day from the previous week... - eia

Press Release - Weekly Petroleum Status Report



U.S. crude oil refinery inputs averaged over 16.6 million barrels per day during the week ending August 26, 2016, 64,000 barrels per day less than the previous week’s average.