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Italian industrialists: Italy’s development at risk due to rising costs and shortages

Taly's industrial output may have fallen for a second month in January due to rising energy costs and supply shortages, putting economic growth at "serious risk", the Confindustria employers' lobby said, according to Bloomberg. Industrial production fell...

The EU inspects its shortcomings: Active substances, chips, metals

Deficiencies in some active drug substances, risk of semiconductor shortages and strong dependence on metals for energy transition: Europe will consider the issue of "strategic autonomy" in Lens, France today, as the Covid crisis has shown...

At a six-month low, the manufacturing PMI in January

The January PMI® survey data indicated a significant improvement in operating conditions throughout the Greek manufacturing sector. Nevertheless, the overall growth rate weakened to the mildest recorded in six months due to slower production increases and new...

Energy shortages paralyze Turkish industry

The suspension of natural gas imports from Iran is causing problems for the Turkish industry. Another blow to Erdogan's economic policy. 2021 was a good year for the Turkish car industry and especially for its suppliers....

German industry expects the German economy to grow by 3.5% in 2022

The German industry association BDI said on Thursday it expects Europe's largest economy to grow by 3.5% this year, giving a more cautious forecast by the government, as it warned that companies could face another year...

What do the subsidies announced by the government mean for the industry?

By Harry Floudopoulos The measures announced for the subsidization of energy prices for industries are characterized as positive as they compensate to a certain extent the burden from the price spurts in both gas and electricity, in...