EghtesadOnline: Trade between Iran and European Union member states during the first seven months of 2019 stood at €3.01 billion to show a 75.89% plunge compared with last year’s corresponding period, latest statistics provided by the European Statistical Office show.
EghtesadOnline: Senior bank and government officials have belittled the new US sanctions imposed Friday on Iran’s central bank, unanimously branding the move as a visible sign of desperation by Donald Trump and his minions.
EghtesadOnline: Growth has returned to Iran's non-oil sector, says Central Bank of Iran's Governor Abdolnasser Hammati.
EghtesadOnline: Two hundred thousand high-income households have been removed from the list of cash subsidy receivers, the spokesman of the headquarters associated with the implementation of Clause 14 of the Fiscal 2019-20 Budget Law said.
EghtesadOnline: Governor of the Central Bank of Iran says Iran and Russia have connected their financial messaging services to handle two-way banking transactions.
EghtesadOnline: The new head of INSTEX, Michael Bock, who was in Tehran this week, says some small European banks are willing to join the barter trade mechanism.
EghtesadOnline: Iran’s long-term unemployed population reached 37.8% of the total number of jobless in the last fiscal year (ended March 20, 2019).
EghtesadOnline: Economic analysts and businesspeople have time and again called for reforming Iran’s decades-old Trade Law. However, they also strongly disapprove of legislators’ ongoing rush to pass the new reform bill.
EghtesadOnline: Chronic inflation, which stems from economic imbalances, ruins economic growth, Masoud Nili, a prominent economist and professor of economics at Sharif University of Technology, says.
EghtesadOnline: Iranian small- and medium-sized enterprises exported €1.3 billion worth of non-oil commodities during the first five months of the current Iranian year (March 21-Aug. 22).