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Greece to get first tranche of EU recovery funds this month
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Greece to get first tranche of EU recovery funds this month – minister | Hellenic Shipping News Worldwide
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The Italian Renaissance: Can Mancini’s men deliver the knockout punch on Sunday? Moneycontrol 6 hours ago © Chanpreet Khurana The Italian Renaissance: Can Mancini’s men deliver the knockout punch on Sunday?
“You see that attacker. He’s coming to take the food off your table,” Helenio Herrera, Inter Milan’s legendary coach of the 1960s, once famously said to his defenders. Needless to say, the players defended like a pack of wolves for the rest of the match.
In Italy, defenders are heroes. Just think Paulo Maldini, Franco Baresi, Alessandro Nesta and Fabio Cannavarro. Every tackle, every clearance and every save is celebrated at the back.
Inflation makes booming Central Europe shine
Central Europe is at the forefront of a surge in European inflationary pressures. Poland’s inflation rate reached 4.7% in May and then slowed to 4.4% in June. Hungary’s inflation rate is the highest in the European Union, at 5.1%. Some of them are caused by transitional factors. But there are also reasons to believe that price pressures in these two countries will continue, creating potential tensions between their central banks and their free-spending nationalist governments.
This may also damage the reputation of the macroeconomic orthodoxy they carefully cultivated. The appreciation of Brussels and Berlin for their economic management making them a favoured destination for German investment helped to protect Budapest and Warsaw from stricter scrutiny of their domestic agendas, namely controlling media freedom, curbing minority rights and Politicize the judiciary.
EU Recovery Fund is important instrument for implementing smart re-industrialization in Latvia
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