Posts tagged as confidence

Business confidence dipped in October

Monday, November 2, 2020

Data released November 2 by the Central Statistical Bureau (CSB) show that, compared to September, in October 2020 business confidence indicators slightly dropped in industry, construction and the services sector, but in retail trade the indicator has remained at the level of September. Business confidence indicators characterize the general situation in the sector, and they are acquired by carrying out business surveys in industry, construction, retail trade and services sectors. If the indicator is above zero,…

New Greek government faces swift test from creditors

Monday, July 8, 2019

Conservative party leader Kyriakos Mitsotakis was sworn in as Greece’s new prime minister Monday, a day after his resounding win over left-wing Alexis Tsipras, who led the country through the tumultuous final years of its international bailouts. Mitsotakis, 51, was elected on a pledge to cut bailout-era taxes and ease draconian budget targets set by Greece’s creditors during the years of financial rescue — commitments that could be put to…

German business confidence dips further to near 5-year low

Monday, June 24, 2019

A closely watched survey is showing that German business confidence has fallen to a near five-year low as managers’ expectations for the coming six months have deteriorated. The Ifo institute said Monday that its monthly confidence index slipped to 97.4 points in June from 97.9 last month, in line with market expectations. The third straight monthly fall takes the index to its lowest since November 2014 and was entirely due…

Jurmala Mayor Truksnis survives vote of no confidence

Tuesday, October 9, 2018

Jurmala Mayor Gatis Truksnis (Greens/Farmers) survived a vote of no confidence during an extraordinary Jurmala City Council meeting today. As reported, Jurmala municipality’s opposition proposed a motion of no confidence against Truksnis on October 2, shortly after the media reported that the State Police had fined him for the possession of narcotics. However, at the start of the meeting Truksnis told his colleagues that information the media reported on September…