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Greece industry output higher, while Eurozone output drops in October
Eurozone industrial production declined by more than expected in October, with the sharpest drop for capital goods such as machinery, reinforcing survey indications that the single-currency area is in a recession.
Capacity usage slightly rises in July
The capacity utilization rate (CUR) in the manufacturing sector increased mildly from 76.8 percent in June to 77.1 percent in July, the data from the Central Bank have shown.
On a seasonally adjusted basis, the CUR climbed from 76.6 percent to 76.9 percent.
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Airport cargo worth millions stolen from Toronto's airport
A cargo container with gold and other items worth over $20 million Canadian (US$14.8 million) was stolen from Toronto's Pearson International airport, authorities said Thursday.
Peel Regional Police Inspector Stephen Duivesteyn said a "high value" container was taken from a holding area facility after being unloaded from a plane Monday evening.
Luxury sector impatient for return of Chinese tourists
The European luxury sector is welcoming the end of pandemic lockdowns in China, as the return of big-spending Chinese tourists could sustain further growth.
Prior to the pandemic, Chinese tourists visiting Europe were a major source of sales for luxury houses.
Industrial production continues to grow
Türkiye's industrial production increased by 9.1 percent in May from a year ago, after rising 10.8 percent in the previous month, data from the Turkish Statistical Institute (TÜİK) showed yesterday.
On a seasonally and calendar adjusted basis, the country's industrial output rose 0.5 percent in the month from April, TÜİK said.
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Bulgaria: Investing in Staff Is Key to Success in Tourism Business
What is the key to success in tourism during a coronavirus pandemic? Many hoteliers failed to find the answer to this question against the backdrop of a constantly changing epidemiological situation. Others, however, thanks to their ingenuity and good management skills, managed to maintain a high level of service and operate at full capacity with regular customers.
Turnover in industry up 23.9pct in Jan-Aug 2021
Turnover in industry increased by 23.9% in January-August 2021, by 23.9% more than in the same period last year, according to a press release of the National Institute of Statistics sent to AGERPRES on Tuesday. This is mainly due to the growth recorded in the manufacturing industry (+ 24.2%) and the extractive industry (+ 13.9%).
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Fears of a wave of price hikes – Alarm for price surges in electricity and basic necessities
The government is working on a package as it has signaled an impending wave of price increases in basic consumer goods and electricity bills.
Official statistics: Jan - May new manufacturing orders up 27 pct YoY
New orders for Romania's manufacturing industry over January 1 - May 31, 2021 were 27 percent up in nominal terms from the same period in 2020 on the back of growth in the durables industry (+37.5 percent), the intermediate goods industry (+32.7 percent) and the capital goods industry (+27.0 percent), the National Institute of Statistics (INS) informs.
Is the European Union failing the viability tests?
A union of states is there for various reasons but a fundamental one is to provide public goods that cannot be provided optimally by actions at the level of individual states.
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