Developing and implementing a strategy to deal with outstanding debt over a period of five years, starting from 2022, is a new challenge for banks and financial institutions, said Finance Minister Sihem Boughdiri Nemsia.
German growth will be weaker than expected this year due to the effects of Russia's invasion of Ukraine which will also push up inflation in Europe's biggest economy, the Ifo institute said on Wednesday.
French oil major TotalEnergies (TTEF.PA)said on Tuesday it would not renew its Russian gasoil and crude oil supply contracts for its German refinery, but would source gasoil from Saudi Arabia and crude via Poland instead.
Russia will seek payment in roubles for gas sales from "unfriendly" countries, President Vladimir Putin said on Wednesday, sending European gas prices soaring on concerns the move would exacerbate the region's energy crunch.
The house price index went up by 6.2% in the 4th quarter of 2021, year-on-year, after the increase in prices of building land by 9.6%, prices of apartments by 1.3% and those of houses by 2.1%, the National Institute of Statistics (INS) said Tuesday.
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