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  • OECD 2016 avg tax-to-GDP ratio 34.3% vs 34.0% in 2015

    24-11-2017

    The average tax-to-GDP ratio in countries making up the Organisation for Economic Cooperation and Development (OECD) rose to 34.3% in 2016 from 34.0% the year earlier, a new OECD report showed. Increasing tax-to-GDP levels were seen in 20 of the 33 OECD countries that provided preliminary data in 2016, while tax-to-GDP levels fell in the remaining 13 countries. RADIOCOR

  • UK consumer confidence slumps to post-Brexit vote low: YouGov/Cebr

    24-11-2017

    British households are their least confident since immediately after last year’s Brexit vote, partly because of this month’s interest rate hike and further signs of a slowdown in the housing market, a consumer confidence index produced by polling firm YouGov and the Centre for Economics and Business Research showed. REUTERS

  • Italian investment growing - ISTAT

    22-11-2017

    ISTAT said Tuesday that Italian investment levels are on the up. "Investments are expected to strengthen the recovery both in 2017 (+3.0%) and in 2018 (+3.3%)," the statistics agency said. ANSA

  • Half of Germans want new elections after coalition talks fail

    22-11-2017

    Half of Germans are in favor of calling a new election after Chancellor Angela Merkel failed to reach a deal to form a new coalition with two other parties, while a fifth back forming a minority government, an opinion poll showed. The collapse of talks between Merkel’s conservative bloc, the pro-business Free Democrats (FDP) and environmentalist Greens has thrown Germany into political uncertainty and raised the prospect of new elections. REUTERS

  • EU seeks more information from Italy on 2018 budget

    15-11-2017

    The European Commission intends to ask Italy to provide more details regarding its draft budgetary plans for 2018, European officials said. The EU executive arm has decided to send a letter to the Italian government ahead of a final decision on the Italian budget in May. RADIOCOR

  • Japan's GDP grows for seven straight quarters, outlook remains solid

    15-11-2017

    Japan’s economy grew faster than expected in the third quarter due to strong exports, posting the longest period of uninterrupted growth in more than a decade. The economy expanded at a 1.4 percent annualized rate in July-September, slightly above the median estimate for annualized growth of 1.3 percent. That followed revised annualized growth of 2.6 percent in April-June. RADIOCOR

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