Europe - Economic Data & News 15 (Nov 22 - May 24)

[behappyalways]

Amnesty in exchange for support from smaller parties, Spanish Prime Minister blames people for anger

特赦換小黨支持 西班牙總理回鍋人民怒｜方念華｜FOCUS全球新聞 20231117@tvbsfocus

https://m.youtube.com/watch?v=x49s2ryfWqo

[winston]

Deutschland woes

Germany’s major banks need to increase their provisions for non-performing loans, as corporate insolvencies and credit risks mount, according to Bundesbank Vice-President Claudia Buch.

Europe’s largest economy has been dubbed the “sick man of Europe” by some economists, after entering a technical recession earlier this year while economic activity faces further downward pressure from a collapse in construction.

Source: CNBC

https://www.cnbc.com/2023/11/23/a-germa ... r%7Cmsapac

[behappyalways]

Europe Plunges Into Chaos After Germany Freezes Public Spending Following Shock Top Court Decision
https://www.zerohedge.com/economics/eur ... -top-court

[behappyalways]

It's Official: Geert Wilders And Conservative Freedom Party Win Dutch Election
https://www.zerohedge.com/geopolitical/ ... h-election


Lawlessness In France Is Off-The-Charts As Govt Continues To Bury Its Head In The Sand On Immigration, says Marine Le Pen
https://www.zerohedge.com/geopolitical/ ... -marine-le


European Lawmakers Vote For Abolition Of Member-State Vetos In Latest Brussels Power-Grab
https://www.zerohedge.com/geopolitical/ ... power-grab

[behappyalways]

Germany's Creative Accounting Finally Hits A Brick Wall
https://www.zerohedge.com/markets/germa ... brick-wall

[behappyalways]

Mass Immigration Is Fueling Surge In Violent Crime, Warns German Federal Police Office
https://www.zerohedge.com/geopolitical/ ... ice-office

[behappyalways]

Europe Is Getting Record Amounts Of Russian Gas Through TurkStream. So Who Keeps Trying To Blow It Up
https://www.zerohedge.com/geopolitical/ ... rying-blow

[behappyalways]

Irish Villagers Erect Roadblocks To Stop Govt From Bussing Migrants Into Their Community
https://www.zerohedge.com/geopolitical/ ... -community

[winston]

Europe: 2023 Earnings

In Europe, only about half of the companies in the Euro Stoxx 600 Index have reported third-quarter results.

By the time they have all reported, earnings are expected to be about 11.4% lower year-on-year, while sales are expected to be 7.7% lower.

Future estimates suggest this earnings recession is expected to continue until the second quarter of 2024.

However, the rate of decline is expected to slow during the current quarter and the first quarter of 2024.

Source: Simply Wall Street

[behappyalways]

Dutch politics marks Europe as the far right becomes a hidden danger for Europe's future

荷蘭政壇標示歐洲 極右派成為歐洲未來隱患 TVBS文茜的世界財經周報 20231203

https://m.youtube.com/watch?v=FsdBd-Z4zgc