For the first time in almost four years, none of the eurozone’s 19 members was in deflation during January. The European Union’s statistics agency Wednesday confirmed an earlier estimate that showed consumer prices in the currency area were 1.8% higher than a year earlier. Source: MarketWatch
GEFIRA provides in-depth and comprehensive analysis of and valuable insight into current events that investors, financial planners and politicians need to know to anticipate the world of tomorrow; it is intended for professional and non-professional readers.
The Gefira bulletin is available in ENGLISH, GERMAN and SPANISH.
Billionaire investor George Soros has given away nearly $18 billion to his Open Society Foundations, transforming it into the “second largest” charity in the US after the Bill and Melinda Gates’ Foundation. Source: RT
Greek Prime Minister Alexis Tsipras said on Tuesday it was important for Turkey to remain part of the NATO security alliance and continue its orientation toward Europe despite current tensions between the two countries. Source: Daily Sabah