Europe energy crisis
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Euro shows lowest-ever share in intl. settlements: SWIFT
TEHRAN, Aug. 27 (MNA) – The Euro has dipped in an unprecedented display of its decline in global payments through SWIFT, highlighting a shift in preference towards the greenback and the Chinese yuan.
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UK military personnel seek food bank help amid high inflation
TEHRAN, Jun. 12 (MNA) – Some members of the British military are increasingly relying on food banks to make ends meet amid high inflation and a cost-of-living crisis, local UK media reported on Monday.
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One in seven people In UK feel their debt is 'out of control'
TEHRAN, May 29 (MNA) – 15% of people in the UK feel their debt situation is "out of control" or that they have no way of paying it off amid the cost of living crisis, according to a new survey.
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Eurozone inflation up to 7 pct in April: Eurostat
TEHRAN, May 02 (MNA) – Eurozone annual inflation was 7 percent in April, up from 6.9 percent in March, according to a flash estimate published on Tuesday by Eurostat, the statistical office of the European Union (EU), according to media reports.
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Brits warned of empty shelves in grocery stores
TEHRAN, Mar. 31 (MNA) – UK consumers may have to get used to empty shelves in supermarkets due to unprecedented shortages of fresh vegetables amid record food price inflation and skyrocketing energy costs. media have reported.
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Ukraine war expected to cost Germany €160 b by yearend
TEHRAN, Feb. 19 (MNA) – The Ukraine war will have cost the German economy around 160 billion euros ($171 billion), or some 4% of its gross domestic output, according to a German economic official.
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France registers higher inflation
TEHRAN, Feb. 18 (MNA) – Consumer prices in January in the Eurozone’s second-largest economy jumped 6% from a year ago, official data shows
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Headlines of Iran’s Persian dailies on Jan. 26
TEHRAN, Jan. 26 (MNA) – Mehr news agency takes a look at the headlines of Iran’s Persian-language dailies on Thursday, January 26.
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Brits rush to buy energy-saving appliances: report
TEHRAN, Jan. 01 (MNA) – UK shoppers have been snapping up energy-efficient appliances in an effort to lower energy bills amid the worsening cost-of-living crisis in the country, media cited the local British media as saying.
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Iran 7th biggest steel producer in world
TEHRAN, Dec. 28 (MNA) – An Iranian steel manufacturer said that the decrease in other countries' production has come along with an increase in the number of offers to Iran, adding Western countries have become a market for Iranian steel products.
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Greeks hold protest against soaring cost of living
TEHRAN, Dec. 18 (MNA) – Workers, civil servants and students staged protests Saturday in Athens to draw attention to the soaring cost of living.
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Belgians protest against rising fuel prices (+VIDEO)
TEHRAN, Dec. 17 (MNA) – Almost 17,000 people turned up for a demonstration in Brussels against the rising fuel prices and also for better pay.
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Top Jordan police officer shot dead in fuel price protests
TEHRAN, Dec. 16 (MNA) – Gunfire killed a senior Jordanian officer and wounded two other police in the country's south, where protesters have taken to the streets for days against rising fuel prices, authorities said on Friday.
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Railway workers in Austria are set to hold strike Mon.
TEHRAN, Nov. 27 (MNA) – Railway workers in Austria are set to hold a one-day strike on Monday after a failed round of talks in pay negotiations, media reported on Sunday.
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Ministers warn of potential energy disaster for EU in 2023
TEHRAN, Nov. 25 (MNA) – The EU is currently paying more for gas than any other region in the world. The European Commission had proposed to cap natural gas prices at €275 per megawatt hour.
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Tens of thousands of Albanians protest over rising costs
TEHRAN, Nov. 13 (MNA) – Police and protesters in Albania have scuffled in front of Prime Minister Edi Rama‘s office in Tirana after tens of thousands of people gathered there to protest against corruption and the country’s cost of living crisis.
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Europe plunging into recession as inflation hangs on
TEHRAN, Nov. 12 (MNA) – The European Union on Friday warned that the Eurozone will plunge into recession during winter as the energy prices rise.