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July 22, 2024

Eurozone government debt to GDP ratio up to 88.7% in Q1

ISTANBUL: The ratio of government debt to gross domestic product (GDP) across the euro area stood at 88.7% in the first quarter of 2024, according to official figures revealed on Monday.

The 27-member bloc’s statistical department Eurostat said that …

CrowdStrike shares signal for additional losses

ISTANBUL: Shares of US-based cyber-security company CrowdStrike, of which an update caused major IT outage in the world last week, signaled for additional losses on Monday.

On Friday, an IT outage hit thousands of computers and caused a global interr…

EU’s government deficit to GDP ratio rises to 3.8% in Q1

ISTANBUL: The seasonally adjusted government deficit to gross domestic product (GDP) ratio went down to 3% in the first quarter of the year from 3.9% last quarter of 2023, according to data released on Monday.

The government total revenue in the EU f…