Tag «crisis»

industry and unions jointly call for action on steel industry crisis

Brussels,  November 2015 – The European Steel Association (EUROFER) and industriAll European Trade Union today issued a joint call for action by policy makers to ward off further job losses in the sector. The call comes as ministers meet today for an extraordinary Competitiveness Council, held in reaction to a slew of announcements from industry …

Russian consumer markets face slowdown but not crisis in 2014 & 2015

Nuremberg, October 22, 2014  – According to GfK forecasts, the majority of Russian consumer market sectors will face slowdown, if not stagnation, in 2014 and 2015. Recent decrease in confidence due to international sanctions resulted in both business and consumers tightening their belts. However, some macro-economic indicators show that the situation is objectively far from …