You are currently browsing the Business & Financial News weblog archives for the day Friday, May 16th, 2008.

High inflation forces Europeans to cut down expenses

The European Union has for a long time been considered as commonwealth of 27 stably developing states with a good parameter of gross national product and low rate of inflation. From year to year salaries of Europeans grew, and their purchasing capacity grew in this connection.
However now, on a background of a sharp rise in […]