Sunday

25th Sep 2022

Ticker

EU cuts eurozone growth forecasts

The European Commission cut its 2022 forecast for eurozone growth largely due to Russia's war in Ukraine. It now predicts growth of 2.6 percent this year for the 19-country currency area. This is slightly less than the 2.7 percent it had forecast in May. Inflation is also revising upwards and is projected to peak at a new record high of 8.4 percent in the third quarter of 2022.

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Analysis

Investors in renewables face uncertainty due to EU profits cap

While a cap on revenues from renewables is aimed at redirecting excess profits from low-cost electricity generation back to consumers, analysts and industry groups argue such measures come with risks — and at a bad time.

Opinion

How to apply the Nuremberg model for Russian war crimes

A Special Tribunal on Russian war crimes in Ukraine must be convened, because no permanent or existing international judicial institution is endowed with jurisdiction over Russian high-ranking officials, writes the head of the Ukraine delegation to the Council of Europe.

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