The significant impacts an EU recovery fund would have

William Arsn

&nbsp Author: Alex Katsomitros September 3, 2020 The announcement dropped like a bomb in European capitals, most of which were still under strict lockdowns. In a joint press conference, German Chancellor Angela Merkel and French President Emmanuel Macron proposed an EU recovery fund that would offer €500bn ($569.2bn) in grants […]

Euro zone economic recovery in danger as services slide

William Arsn

By Jonathan Cable LONDON (Reuters) – Euro zone business growth ground to a halt this month, throwing the economic recovery into question, as fresh restrictions to quell a resurgence in coronavirus infections slammed the services industry into reverse, a survey showed on Wednesday. The renewed downturn in the dominant services […]

Economic recovery stalls as consumers signal caution

William Arsn

NEW YORK (AP) — The U.S. economy’s economic engine may be running out of fuel. Consumer spending accounts for about 70{5667a53774e7bc9e4190cccc01624aae270829869c681dac1da167613dca7d05} of the U.S. gross domestic product, making it the single most important factor in recovering from one of the worst recessions on record. Spending plunged an unprecedented 12.9{5667a53774e7bc9e4190cccc01624aae270829869c681dac1da167613dca7d05} in […]

Pre-COVID Data About US Entrepreneurs Offers Promise for Economic Recovery

William Arsn

WELLESLEY, Mass., Sept. 2, 2020 /PRNewswire/ — In the United States, total entrepreneurial activity (TEA) increased to 17.4{5667a53774e7bc9e4190cccc01624aae270829869c681dac1da167613dca7d05} in 2019, a 10{5667a53774e7bc9e4190cccc01624aae270829869c681dac1da167613dca7d05} increase over 2018 and the highest level reported in the Global Entrepreneurship Monitor’s 21-year history. Additionally, established business activity in 2019 was up by more than one-third of […]