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  Local
Agricultural activities launched in summer schools in Jihana District, Sana'a
[12 May 2025]
Tamkeen" Electronic services system launched in Al-Wahda, Ma'een, & Al-Tahrir Districts
[12 May 2025]
Cultural Competition for Summer Course Students in Bidbadah District, Marib
[12 May 2025]
Residents of Al-Radmah District in Ibb declare general mobilization in support of Gaza & denounce traitors
[12 May 2025]
Summer courses inspected at Imam Al-Hadi Center in Al-Thawrah District, Sana'a
[12 May 2025]
 
  International
New Israeli decision threatens Palestinian ownership of their lands in West Bank
[12 May 2025]
Israeli forces tighten military measures north of Ramallah
[12 May 2025]
Anti-Israel Protests at Eurovision Opening Ceremony
[12 May 2025]
Dozens of settlers renew their storming of Al-Aqsa Mosque compound
[12 May 2025]
Israeli forces begin demolishing house east of Idhna town, west of Hebron
[12 May 2025]
 
  Reports
Yemen's stance in supporting Gaza Bewildered enemy & its Backers
[11 May 2025]
Defeat of American aggression evidence of Yemen's growing power and its ability to change equations
[11 May 2025]
Summer Courses in Taiz: Educational, Cultural, and Developmental Arenas
[10 May 2025]
Yemen.. Weekly million-strong crowds shape situation, confirm that Palestine is not alone: Report
[10 May 2025]
Government of Change, Construction: Great efforts to overcome repercussions of aggression
[10 May 2025]
 
  US-Saudi Aggression
US-Saudi-Emirati crimes on this day in history
[12 May 2025]
US-Saudi-Emirati crimes on this day in history
[11 May 2025]
US-Saudi-Emirati crimes on this day in history
[10 May 2025]
US-Saudi-Emirati crimes on this day in history
[09 May 2025]
US-Saudi-Emirati crimes on this day in history
[08 May 2025]
  Economy
Bloomberg: EU is losing its economic competitiveness more than it was 5 years ago
Bloomberg: EU is losing its economic competitiveness more than it was 5 years ago
Bloomberg: EU is losing its economic competitiveness more than it was 5 years ago
[Thu, 21 Mar 2024 01:17:04 +0300]

NEW YORK March 21. 2024 (Saba) - The US Bloomberg Agency revealed on Wednesday that the European Union's ranking in global economic competitiveness has declined from what it was five years ago.

The agency reported that 56 percent of companies say that the European Union has become less attractive than it was five years ago, and that high energy costs and excessive bureaucracy constitute the main burdens.

A majority of German executives believe that the European Union has lost its attractiveness as a place to do business, according to a new study by industry lobby DIHK.

Some 56 percent of the 3,000 German companies surveyed indicated that the EU's competitiveness as a business location had deteriorated over the past five years, while only seven percent had improved.

DIHK General Manager Martin Wansleben said: “Despite its initially good position, Europe faces the risk of losing its position in international competition.

The agency stated that manufacturing companies, in particular, have a negative opinion, noting that two-thirds of those companies consider that working conditions have deteriorated in recent years, and this is due, according to the companies, to rising costs, primarily due to high energy prices, and the formation of excessive bureaucracy and trade barriers.

Most European countries entered a state of recession and economic contraction, as a result of the continued high inflation, the rise in interest rates, and the increasing cost of arming Ukraine paid by the Europeans, in addition to the loss of Russian gas, and the consequences of this loss on all aspects of life in Europe, in terms of warming... Industry and transportation.

Najat

resource : Saba

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UPDATED ON :Mon, 12 May 2025 18:18:55 +0300