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Goats are seen in the village of Nivica, southern Albania. An ambitious project is aiming to open up remote villages in the highlands of southern Albania to the outside world and to tourists wanting to discover the spectacular natural beauty and rural way of life of the more isolated parts of the Balkan country. (AP Photo/Geo Delveroudis)

High in the mountains of southern Albania, a bone-jarring drive along a rough track with switchbacks frequented more by goats than by cars leads to a cluster of small villages where time appears to have stood still for decades.

Sheep’s milk is still carried to the local cheesemaker by donkey. Elderly villagers hike into the mountains to collect fistfuls of wild oregano and other herbs. Old rituals of lighting candles to honor ancient, gnarled, sacred oaks are kept alive, although no one who practices them seems to know why or how they came about.

Strung out along a sheer cliff behind an old, crumbled fortress, the village of Nivica is unknown to many even in Albania. But an ambitious project is aiming to open it up to the outside world and to tourists wanting to discover the spectacular natural beauty and rural way of life of the more isolated parts of the country.

“We are doing a pilot project on the concept of how to connect rural communities very close to the coastline but (which have) never been helped by coastline tourism,” said Auron Tare, who heads Albania’s National Coastline Agency and is leading the project in Nivica.

The area’s attractions are many. Crystal-clear streams run through sheer canyons and gorges slicing through the landscape. Small stone Ottoman-era bridges still arch over gullies, untouched for centuries. At sunset, shepherds drive their flocks through the fields to small corrals for milking.

And like everything in the Balkans, the region is steeped in history.

“Apart from the landscape, the reason to come here is because of the stories. This is a place where Roman troops traveled, this is a place where Normans traveled, this is a place where Ottomans traveled. World War I, World War II. There are many stories to be connected to this area,” Tare said.

“Plus the wonderful landscape, and also the untouched life. Here you see people milking their sheep and their goats as they did 4,000 years ago. You see people in their pastoral daily life, which is extremely attractive to people who have lost that heritage, and you would come here and find that spiritual enrichment in your life.”

For now, visitors are mainly young backpackers from European countries hiking along Albania’s ancient trails and camping in a field just outside the village. Tare says about 150 tourists visited the village over the past month, mainly from the Czech Republic, drawn by comments on social media from a team of Czechs who have been working on marking centuries-old paths as hiking trails.

The area is still far off the beaten track; many of those living on the coast just over the other side of the mountains have never even heard of Nivica.

“This village, we can say that it is deeply (hidden) in the mountain,” said Lorena Sinatrakaj, a 29-year-old archaeologist working on the project. Even she herself had never heard of it, she admits.

When the project leaders arrived, they found a village based on agriculture and animal rearing, she said. Tourism was an alien concept, and the village was in a general state of dilapidation.

Many of the locals had moved away to towns and cities elsewhere in the country. With little state infrastructure or services, waste management consisted largely of throwing garbage down the ravines or tossing it in the street.

“When we came here last year, there was 30 years’ worth of garbage in the village square,” Tare said.

The project’s first task was to clear up the trash, both inside the village and in the nearby ravine. Now the village square has been cleared, and villagers drive their sheep past stonemasons chipping at rocks, the sound of chisels striking stone echoing through the sultry summer heat as they work on the village’s biggest single project: a new guesthouse, scheduled for completion next spring.

The overall project includes restoring old buildings to be used as guesthouses, and helping locals start grass-roots bed-and-breakfast businesses in their homes. Sinatrakaj says locals quickly embraced the project once they saw the potential for tourism.

For Dallandyshe Merio, a local woman who left the village two decades ago and moved to the southern port town of Vlora, the project has brought such hope to the village that she is considering moving back.

“I’m happy that the village has come back to life again. Before, everyone was gone,” said Merio, who initially converted one of the rooms in her house in the village for paying guests. When she saw how well the system worked with her first guest, a German, she renovated a second room and now runs a small bed-and-breakfast.

“People are coming back and rebuilding,” she said.

Crucially, part of the project includes turning the dirt track leading to the village from the nearest town of Tepelene into a road, to ease access.

But the danger of opening up too fast to too much tourism is a real one, and something Tare and Sinatrakaj are well aware of. The aim, they say, is not to turn Nivica into a place where tour buses disgorge thousands of tourists, something that would shatter the tranquility of the area and endanger the local way of life.

“As we know, tourism has a lot of good benefits but also negative effects, such as destroying local culture and destroying (the) environment. And that’s a very good point to take into consideration,” Tare said.

“And as we go slow, we’re trying to convert the traditional hospitality to a more welcoming feeling and place for visitors to come, without disturbing the local culture. It is a challenging aspect, of course, and time will tell if we are right or not.”

Originally reported by Associated Press.

Remember, no issue has a quick fix solution. Thus, always ensure to consult highly knowledgeable group of professionals whom would provide you with a collective advice, never individual advice. This group advice and approach is unique with CWIIL Group and is based on the overall Management Philosophy of all CWIIL Group Companies.

Consulting CWIIL Group of Companies, for any / all investment matters ensures advice based on highest level of knowledge which are given to you by a team of select research-oriented experts whom each will do their own assessment of your matter, and also assess it together, thus ensuring that in case a mistake has been made by one, it will be noticed and corrected even before it is being passed on to you. Receiving incorrect and un-knowledgeable investment advice can be disastrous and thus should be avoided.

CWIIL Group of Companies is a global group of multi-specialised units with diversified interests and activities, wherein each company is a separate legal entity registered under prevailing laws in different parts of the world. CWIIL Group of Companies Products, Services, Project and Solutions are in a multitude of Verticals including, but not limited to, Infrastructure, Power, Oil & Gas, Legal, Media, Technology, ITES, HR, Shipping, Aviation, Real Estate, Hospitals, Health and Medicine, Education, Funding & Investment, Business and Legal Consultancy, and Public Private Partnerships, and other CWIIL Group Units, worldwide, to name a few.

For Further Queries Feel Free to Contact :

Mr. Gregor Novak,
Deputy Global Director, No. 11,
Operations Research & Implementation Division,
Email : deputy.gd.11@cwiilgroup.eu
Voice : +45.8176.1946
Social Media : LinkedIn – Twitter – Facebook

For Queries Specific to the EU Region :
Email : eu@cwiilgroup.com , hq@cwiilgroup.eu
Web : www.cwiilgroup.com , www.cwiilgroup.eu

For Any / All Other Queries :
CWIIL Group Global Regional Headquarters Denmark,
Address : No. 1, Klokkebjergevej, DK6900 Skjern, Denmark
Voice : +45.5148.3608
Fax : +45.7014.1498
Email : corpcomm@cwiilgroup.eu
Web : www.cwiilgroup.eu
Connect : LinkedIn – Twitter – Facebook – Quora

Office Hours :
Monday to Friday : 10.00 – 17.00 CET.
Saturday : 10.00 – 14.00 CET.
Sunday : Closed.

The Corporate Communications Team would require minimum a fortnight for Reviewing & Responding to Queries, which please note.

Finnish consumer and industry confidence rose in May from the previous month, data published on Monday showed.

Consumer confidence increased to a record high 24.1 points in May from 21.5 points in April, Statistics Finland (SF) said. The long-term average for the indicator is 11.9 points.

A gauge of industry confidence rose to +8 points from +4 points in April, the Confederation of Finnish Industries said in a separate statement. The long-term average is +1 point.

The Nordic member of the euro zone is recovering from a decade-long stagnation sparked among other things by a decline of Nokia’s former phone business, rigid labour markets and recession in neighbouring Russia.

Originally reported by Reuters.

Remember, no issue has a quick fix solution. Thus, always ensure to consult highly knowledgeable group of professionals whom would provide you with a collective advice, never individual advice. This group advice and approach is unique with CWIIL Group and is based on the overall Management Philosophy of all CWIIL Group Companies.

Consulting CWIIL Group of Companies, for any / all investment matters ensures advice based on highest level of knowledge which are given to you by a team of select research-oriented experts whom each will do their own assessment of your matter, and also assess it together, thus ensuring that in case a mistake has been made by one, it will be noticed and corrected even before it is being passed on to you. Receiving incorrect and un-knowledgeable investment advice can be disastrous and thus should be avoided.

CWIIL Group of Companies is a global group of multi-specialised units with diversified interests and activities, wherein each company is a separate legal entity registered under prevailing laws in different parts of the world. CWIIL Group of Companies Products, Services, Project and Solutions are in a multitude of Verticals including, but not limited to, Infrastructure, Power, Oil & Gas, Legal, Media, Technology, ITES, HR, Shipping, Aviation, Real Estate, Hospitals, Health and Medicine, Education, Funding & Investment, Business and Legal Consultancy, and Public Private Partnerships, and other CWIIL Group Units, worldwide, to name a few.

For Further Queries Feel Free to Contact :

Mr. Gregor Novak,
Deputy Global Director, No. 11,
Operations Research & Implementation Division,
Email : deputy.gd.11@cwiilgroup.eu
Voice : +45.8176.1946
Social Media : LinkedIn – Twitter – Facebook

For Queries Specific to the EU Region :
Email : eu@cwiilgroup.com , hq@cwiilgroup.eu
Web : www.cwiilgroup.com , www.cwiilgroup.eu

For Any / All Other Queries :
CWIIL Group Global Regional Headquarters Denmark,
Address : No. 1, Klokkebjergevej, DK6900 Skjern, Denmark
Voice : +45.5148.3608
Fax : +45.7014.1498
Email : corpcomm@cwiilgroup.eu
Web : www.cwiilgroup.eu
Connect : LinkedIn – Twitter – Facebook – Quora

Office Hours :
Monday to Friday : 10.00 – 17.00 CET.
Saturday : 10.00 – 14.00 CET.
Sunday : Closed.

The Corporate Communications Team would require minimum a fortnight for Reviewing & Responding to Queries, which please note.

German Chancellor Angela Merkel gives a speech at the meeting of the G20 health ministers in Berlin

German Chancellor Angela Merkel gives a speech at the meeting of the G20 health ministers in Berlin, Germany, May 19, 2017. REUTERS/Fabrizio Bensch

Health ministers of the G20 leading economies, meeting for the first time on Saturday, agreed to work together to tackle issues such as a growing resistance to antibiotics and to start implementing national action plans by the end of 2018.

Germany, which holds the G20 presidency this year, said it was an “important breakthrough” that all nations had agreed to address the problem and work towards obligatory prescriptions for antibiotics.

Saying that globalisation caused infectious diseases to spread more quickly than previously, the 20 nations also pledged to strengthen health systems and improve their ability to react to pandemics and other health risks.

“By putting global health on the agenda of the G20 we affirm our role in strengthening the political support for existing initiatives and working to address the economic aspects of global health issues,” the communique said.

The results of the meeting will feed into a G20 leaders’ summit in Hamburg in July.

While the discovery of antibiotics has provided cures for many bacterial infections that had previously been lethal, over-prescription has led to the evolution of resistance strains of many bacteria.

An EU report last year found that newly resistant strains of bacteria were responsible for more than 25,000 deaths a year in the 28-member bloc alone.

Germany has argued that even having a discussion about it will help raise public awareness about the problem. The G20 also said they agreed to help improve access to affordable medicine in poorer countries.

Originally reported by Reuters.

Remember, no issue has a quick fix solution. Thus, always ensure to consult highly knowledgeable group of professionals whom would provide you with a collective advice, never individual advice. This group advice and approach is unique with CWIIL Group and is based on the overall Management Philosophy of all CWIIL Group Companies.

Consulting CWIIL Group of Companies, for any / all investment matters ensures advice based on highest level of knowledge which are given to you by a team of select research-oriented experts whom each will do their own assessment of your matter, and also assess it together, thus ensuring that in case a mistake has been made by one, it will be noticed and corrected even before it is being passed on to you. Receiving incorrect and un-knowledgeable investment advice can be disastrous and thus should be avoided.

CWIIL Group of Companies is a global group of multi-specialised units with diversified interests and activities, wherein each company is a separate legal entity registered under prevailing laws in different parts of the world. CWIIL Group of Companies Products, Services, Project and Solutions are in a multitude of Verticals including, but not limited to, Infrastructure, Power, Oil & Gas, Legal, Media, Technology, ITES, HR, Shipping, Aviation, Real Estate, Hospitals, Health and Medicine, Education, Funding & Investment, Business and Legal Consultancy, and Public Private Partnerships, and other CWIIL Group Units, worldwide, to name a few.

For Further Queries Feel Free to Contact :

Mr. Gregor Novak,
Deputy Global Director, No. 11,
Operations Research & Implementation Division,
Email : deputy.gd.11@cwiilgroup.eu
Voice : +45.8176.1946
Social Media : LinkedIn – Twitter – Facebook

For Queries Specific to the EU Region :
Email : eu@cwiilgroup.com , hq@cwiilgroup.eu
Web : www.cwiilgroup.com , www.cwiilgroup.eu

For Any / All Other Queries :
CWIIL Group Global Regional Headquarters Denmark,
Address : No. 1, Klokkebjergevej, DK6900 Skjern, Denmark
Voice : +45.5148.3608
Fax : +45.7014.1498
Email : corpcomm@cwiilgroup.eu
Web : www.cwiilgroup.eu
Connect : LinkedIn – Twitter – Facebook – Quora

Office Hours :
Monday to Friday : 10.00 – 17.00 CET.
Saturday : 10.00 – 14.00 CET.
Sunday : Closed.

The Corporate Communications Team would require minimum a fortnight for Reviewing & Responding to Queries, which please note.

The European Union has taken a big step toward clinching a deal with Chile on the international trade in organic food products.

The EU member states on Monday agreed to recognize the equivalence of each other’s organic product rules and regulations, making it easier for the trade of such products in each other’s markets.

The EU’s organic food production is growing and the deal will allow it to target the Chilean market better. At the same time, products such as Chilean organic wines will also find it easier to be recognized in Europe.

The European parliament still needs to give the deal its final approval but that is not expected to be problematic.

Originally reported by Associated Press.

Remember, no issue has a quick fix solution. Thus, always ensure to consult highly knowledgeable group of professionals whom would provide you with a collective advice, never individual advice. This group advice and approach is unique with CWIIL Group and is based on the overall Management Philosophy of all CWIIL Group Companies.

Consulting CWIIL Group of Companies, for any / all investment matters ensures advice based on highest level of knowledge which are given to you by a team of select research-oriented experts whom each will do their own assessment of your matter, and also assess it together, thus ensuring that in case a mistake has been made by one, it will be noticed and corrected even before it is being passed on to you. Receiving incorrect and un-knowledgeable investment advice can be disastrous and thus should be avoided.

CWIIL Group of Companies is a global group of multi-specialised units with diversified interests and activities, wherein each company is a separate legal entity registered under prevailing laws in different parts of the world. CWIIL Group of Companies Products, Services, Project and Solutions are in a multitude of Verticals including, but not limited to, Infrastructure, Power, Oil & Gas, Legal, Media, Technology, ITES, HR, Shipping, Aviation, Real Estate, Hospitals, Health and Medicine, Education, Funding & Investment, Business and Legal Consultancy, and Public Private Partnerships, and other CWIIL Group Units, worldwide, to name a few.

For Further Queries Feel Free to Contact :

Mr. Gregor Novak,
Deputy Global Director, No. 11,
Operations Research & Implementation Division,
Email : deputy.gd.11@cwiilgroup.eu
Voice : +45.8176.1946
Social Media : LinkedIn – Twitter – Facebook

For Queries Specific to the EU Region :
Email : eu@cwiilgroup.com , hq@cwiilgroup.eu
Web : www.cwiilgroup.com , www.cwiilgroup.eu

For Any / All Other Queries :
CWIIL Group Global Regional Headquarters Denmark,
Address : No. 1, Klokkebjergevej, DK6900 Skjern, Denmark
Voice : +45.5148.3608
Fax : +45.7014.1498
Email : corpcomm@cwiilgroup.eu
Web : www.cwiilgroup.eu
Connect : LinkedIn – Twitter – Facebook – Quora

Office Hours :
Monday to Friday : 10.00 – 17.00 CET.
Saturday : 10.00 – 14.00 CET.
Sunday : Closed.

The Corporate Communications Team would require minimum a fortnight for Reviewing & Responding to Queries, which please note.

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Photo: Oticki/Shutterstock.com

Turkish company Galata Lokum plans to invest 4 million marka ($2.2 million/2 million euro) in an organic farming project in Bosnia’s Federation, where it will employ 150 people, the entity’s government has said.

The Federation’s agriculture minister Semsudin Dedic met with the director of Galata Lokum’s Sarajevo-based subsidiary TGT d.o.o., Hasan Gulyuz, on Tuesday to discuss the company’s plans, the entity’s government said in a statement following the meeting.

The project, named Galata Garden, will be focused on greenhouse organic production of lettuce, cherry tomatoes and strawberries, which will be exported to the region and the EU.

The company is currently looking for a land plot suitable for this kind of production, the government said.

“Organic production is a very promising sector in Bosnia and Herzegovina, which has comparative advantages such as fertile land and water wealth”, Dedic explained. “There will always be a demand for these products on the EU market”.

The Federation is one of two entities in Bosnia and Herzegovina. The other is the Serb Republic.

(1 euro=1.95583 Bosnian marka)

Originally reported by SeeNews.

Remember, no issue has a quick fix solution. Thus, always ensure to consult highly knowledgeable group of professionals whom would provide you with a collective advice, never individual advice. This group advice and approach is unique with CWIIL Group and is based on the overall Management Philosophy of all CWIIL Group Companies.

Consulting CWIIL Group of Companies, for any / all investment matters ensures advice based on highest level of knowledge which are given to you by a team of select research-oriented experts whom each will do their own assessment of your matter, and also assess it together, thus ensuring that in case a mistake has been made by one, it will be noticed and corrected even before it is being passed on to you. Receiving incorrect and un-knowledgeable investment advice can be disastrous and thus should be avoided.

CWIIL Group of Companies is a global group of multi-specialised units with diversified interests and activities, wherein each company is a separate legal entity registered under prevailing laws in different parts of the world. CWIIL Group of Companies Products, Services, Project and Solutions are in a multitude of Verticals including, but not limited to, Infrastructure, Power, Oil & Gas, Legal, Media, Technology, ITES, HR, Shipping, Aviation, Real Estate, Hospitals, Health and Medicine, Education, Funding & Investment, Business and Legal Consultancy, and Public Private Partnerships, and other CWIIL Group Units, worldwide, to name a few.

For Further Queries Feel Free to Contact :

Mr. Gregor Novak,
Deputy Global Director, No. 11,
Operations Research & Implementation Division,
Email : deputy.gd.11@cwiilgroup.eu
Voice : +45.8176.1946
Social Media : LinkedIn – Twitter – Facebook

For Queries Specific to the EU Region :
Email : eu@cwiilgroup.com , hq@cwiilgroup.eu
Web : www.cwiilgroup.com , www.cwiilgroup.eu

For Any / All Other Queries :
CWIIL Group Global Regional Headquarters Denmark,
Address : No. 1, Klokkebjergevej, DK6900 Skjern, Denmark
Voice : +45.5148.3608
Fax : +45.7014.1498
Email : corpcomm@cwiilgroup.eu
Web : www.cwiilgroup.eu
Connect : LinkedIn – Twitter – Facebook – Quora

Office Hours :
Monday to Friday : 10.00 – 17.00 CET.
Saturday : 10.00 – 14.00 CET.
Sunday : Closed.

The Corporate Communications Team would require minimum a fortnight for Reviewing & Responding to Queries, which please note.

Wild Bluebells form a carpet in the Hallerbos in Halle near Brussels

Wild Bluebells, which bloom around mid-April, form carpet in the Hallerbos, also known as ‘The Blue Forest’, in Halle near Brussels, Belgium April 19, 2017. Photo: REUTERS/Francois Lenoir

Each spring, the ground of the forest Hallerbos trades in its brown and green hues for vibrant blue, when a burst of bluebell flowers bloom.

The bluebells are at their height in mid-April, but the fervent bloom lasts only seven to 10 days. Afterwards, leaves emerge in the beech trees above, blocking sunlight from reaching the flowers below. Visitors then have to wait another year to catch a glimpse of these wild flowers.

The protected forest, located south of Brussels near the town of Halle, draws locals and tourists to witness a landscape that looks plucked from a fairy tale.

Local student Violette Yernaux came for her first time to see the flowers, walk through nature and relax.

“They are all together like a carpet. It’s so pretty,” Yernaux said.

Originally reported by Reuters.

Remember, no issue has a quick fix solution. Thus, always ensure to consult highly knowledgeable group of professionals whom would provide you with a collective advice, never individual advice. This group advice and approach is unique with CWIIL Group and is based on the overall Management Philosophy of all CWIIL Group Companies.

Consulting CWIIL Group of Companies, for any / all investment matters ensures advice based on highest level of knowledge which are given to you by a team of select research-oriented experts whom each will do their own assessment of your matter, and also assess it together, thus ensuring that in case a mistake has been made by one, it will be noticed and corrected even before it is being passed on to you. Receiving incorrect and un-knowledgeable investment advice can be disastrous and thus should be avoided.

CWIIL Group of Companies is a global group of multi-specialised units with diversified interests and activities, wherein each company is a separate legal entity registered under prevailing laws in different parts of the world. CWIIL Group of Companies Products, Services, Project and Solutions are in a multitude of Verticals including, but not limited to, Infrastructure, Power, Oil & Gas, Legal, Media, Technology, ITES, HR, Shipping, Aviation, Real Estate, Hospitals, Health and Medicine, Education, Funding & Investment, Business and Legal Consultancy, and Public Private Partnerships, and other CWIIL Group Units, worldwide, to name a few.

For Further Queries Feel Free to Contact :

Mr. Gregor Novak,
Deputy Global Director, No. 11,
Operations Research & Implementation Division,
Email : deputy.gd.11@cwiilgroup.eu
Voice : +45.8176.1946
Social Media : LinkedIn – Twitter – Facebook

For Queries Specific to the EU Region :
Email : eu@cwiilgroup.com , hq@cwiilgroup.eu
Web : www.cwiilgroup.com , www.cwiilgroup.eu

For Any / All Other Queries :
CWIIL Group Global Regional Headquarters Denmark,
Address : No. 1, Klokkebjergevej, DK6900 Skjern, Denmark
Voice : +45.5148.3608
Fax : +45.7014.1498
Email : corpcomm@cwiilgroup.eu
Web : www.cwiilgroup.eu
Connect : LinkedIn – Twitter – Facebook – Quora

Office Hours :
Monday to Friday : 10.00 – 17.00 CET.
Saturday : 10.00 – 14.00 CET.
Sunday : Closed.

The Corporate Communications Team would require minimum a fortnight for Reviewing & Responding to Queries, which please note.

France has issued a record 7 billion euros ($7.5 billion) in so-called green treasury bonds, a boost to efforts to generate investment in clean energy.

The French government celebrated the higher than expected demand for Tuesday’s bond issue. President Francois Hollande called on others to follow France’s example.

The 22-year bonds that will go exclusively toward green energy spending were sold to banks, insurers and other institutional investors at a 1.75 percent interest rate, comparable to classic government bonds for the same period.

Other countries and funds have experimented with green bonds, but France’s issue Tuesday was exceptional in its size and duration.

Hollande’s government has championed green bonds since hosting the 2015 Paris Agreement, which aims to fight global warming by reducing carbon emissions and investing in renewable energy.

Originally reported by Associated Press.

Remember, no issue has a quick fix solution. Thus, always ensure to consult highly knowledgeable group of professionals whom would provide you with a collective advice, never individual advice. This group advice and approach is unique with CWIIL Group and is based on the overall Management Philosophy of all CWIIL Group Companies.

Consulting CWIIL Group of Companies, for any / all investment matters ensures advice based on highest level of knowledge which are given to you by a team of select research-oriented experts whom each will do their own assessment of your matter, and also assess it together, thus ensuring that in case a mistake has been made by one, it will be noticed and corrected even before it is being passed on to you. Receiving incorrect and un-knowledgeable investment advice can be disastrous and thus should be avoided.

CWIIL Group of Companies is a global group of multi-specialised units with diversified interests and activities, wherein each company is a separate legal entity registered under prevailing laws in different parts of the world. CWIIL Group of Companies Products, Services, Project and Solutions are in a multitude of Verticals including, but not limited to, Infrastructure, Power, Oil & Gas, Legal, Media, Technology, ITES, HR, Shipping, Aviation, Real Estate, Hospitals, Health and Medicine, Education, Funding & Investment, Business and Legal Consultancy, and Public Private Partnerships, and other CWIIL Group Units, worldwide, to name a few.

For Further Queries Feel Free to Contact :

Mr. Gregor Novak,
Deputy Global Director, No. 11,
Operations Research & Implementation Division,
Email : deputy.gd.11@cwiilgroup.eu
Voice : +45.8176.1946
Social Media : LinkedIn – Twitter – Facebook

For Queries Specific to the EU Region :
Email : eu@cwiilgroup.com , hq@cwiilgroup.eu
Web : www.cwiilgroup.com , www.cwiilgroup.eu

For Any / All Other Queries :
CWIIL Group Global Regional Headquarters Denmark,
Address : No. 1, Klokkebjergevej, DK6900 Skjern, Denmark
Voice : +45.5148.3608
Fax : +45.7014.1498
Email : corpcomm@cwiilgroup.eu
Web : www.cwiilgroup.eu
Connect : LinkedIn – Twitter – Facebook – Quora

Office Hours :
Monday to Friday : 10.00 – 17.00 CET.
Saturday : 10.00 – 14.00 CET.
Sunday : Closed.

The Corporate Communications Team would require minimum a fortnight for Reviewing & Responding to Queries, which please note.

Industries across the euro zone cranked up output in November and Germany ended the year with its strongest growth in five years, data showed on Thursday, pointing to an economic spurt that may be arriving earlier than some ECB policymakers expect.

Euro zone industrial output in the 19-country currency bloc surged 1.5 percent on the month and 3.2 percent year-on-year as firms stepped up production before Christmas. Both figures were far better than expected.

That gelled with a surprisingly large increase in Italian industrial production, also reported on Thursday, and similarly robust numbers earlier this month from France.

The German statistics office, meanwhile, estimated growth in the euro zone largest economy was around 0.5 percent for the fourth quarter and expanded by 1.9 percent in 2016, the strongest rate in five years.

Economists said these figures added to the evidence that euro zone gross domestic product will have picked up in the last quarter of last year.

The numbers are also relatively unexpected. Indeed, investment bank Citi ranked the euro zone at the top of its Economic Surprise Index at year-end, higher even than the rating for Britain’s unforseen post-Brexit performance.

The strong rise of industrial output “reinforces our belief that euro zone GDP growth could well have reached 0.5 percent quarter-on-quarter in the fourth quarter of 2016,” said Howard Archer, economist at IHS Global Insight.

Euro zone GDP grew a modest 0.3 percent in second and third quarter of last year, after a 0.5 percent rise in the first quarter.

Thursday’s figures add to a jump in the bloc’s economic sentiment which in December reached its strongest level since March 2011.

Euro zone consumer confidence also hit a 20-month high in December and has been rising for four consecutive months, European Commission’s estimates showed.

Monthly retail sales in the bloc did fall by 0.4 percent in November but only after a rise by 1.4 percent in October, by far the largest in years.

CAUTION

The surprising burst in economic activity may fire up criticism from economists and politicians in countries such as Germany that the European Central Bank is hanging on too long to its ultra-easy monetary policy, including asset purchasing.

The ECB, however, remains cautious about the outlook and will need sustained evidence before it moves.

Indeed, the improved outlook for the last quarter of the year may however not carry over to 2017 in part because it brings with it an increase in prices.

“We expect rising inflation to weigh on consumer spending growth, causing overall GDP growth to slow in 2017,” Jack Allen of Capital Economics said.

Euro zone consumer inflation in December was 1.1 percent, the highest level since September 2013, as oil prices are going up. It remains under the roughly 2 percent target sought by the ECB, however.

A Reuters poll of over 65 economists released on Thursday showed little change in forecasts for euro zone growth and inflation with respondents citing uncertainty from rising protectionist sentiments after the Brexit vote last June and Donald Drumpf’s U.S. election win.

In addition, the November euro zone industrial output data confirmed caution is still prevailing among firms, as political uncertainty over the coming months restrains investment.

The monthly output rose strongly for non-durable consumer goods, such as clothing or foodstuff, a sign that companies were betting on more consumption ahead of the Christmas shopping.

Production grew markedly on the month also for intermediate goods and energy, but it rose only slightly for capital goods, like machineries, a sign of only limited appetite for long-term investment.

Output of durable goods, such as cars or refrigerators, was the only component of the indicator to record a drop, by 0.1 percent on the month, confirming firms’ cautious approach as consumers were less keen to purchase more expensive items.

Originally reported by Reuters

Remember, no issue has a quick fix solution. Thus, always ensure to consult highly knowledgeable group of professionals whom would provide you with a collective advice, never individual advice. This group advice and approach is unique with CWIIL Group and is based on the overall Management Philosophy of all CWIIL Group Companies.

Consulting CWIIL Group of Companies, for any / all investment matters ensures advice based on highest level of knowledge which are given to you by a team of select research-oriented experts whom each will do their own assessment of your matter, and also assess it together, thus ensuring that in case a mistake has been made by one, it will be noticed and corrected even before it is being passed on to you. Receiving incorrect and un-knowledgeable investment advice can be disastrous and thus should be avoided.

CWIIL Group of Companies is a global group of multi-specialised units with diversified interests and activities, wherein each company is a separate legal entity registered under prevailing laws in different parts of the world. CWIIL Group of Companies Products, Services, Project and Solutions are in a multitude of Verticals including, but not limited to, Infrastructure, Power, Oil & Gas, Legal, Media, Technology, ITES, HR, Shipping, Aviation, Real Estate, Hospitals, Health and Medicine, Education, Funding & Investment, Business and Legal Consultancy, and Public Private Partnerships, and other CWIIL Group Units, worldwide, to name a few.

For Further Queries Feel Free to Contact :

Mr. Gregor Novak,
Deputy Global Director, No. 11,
Operations Research & Implementation Division,
Email : deputy.gd.11@cwiilgroup.eu
Voice : +45.8176.1946
Social Media : LinkedIn – Twitter – Facebook

For Queries Specific to the EU Region :
Email : eu@cwiilgroup.com , hq@cwiilgroup.eu
Web : www.cwiilgroup.com , www.cwiilgroup.eu

For Any / All Other Queries :
CWIIL Group Global Regional Headquarters Denmark,
Address : No. 1, Klokkebjergevej, DK6900 Skjern, Denmark
Voice : +45.5148.3608
Fax : +45.7014.1498
Email : corpcomm@cwiilgroup.eu
Web : www.cwiilgroup.eu
Connect : LinkedIn – Twitter – Facebook – Quora

Office Hours :
Monday to Friday : 10.00 – 17.00 CET.
Saturday : 10.00 – 14.00 CET.
Sunday : Closed.

The Corporate Communications Team would require minimum a fortnight for Reviewing & Responding to Queries, which please note.

French consumer confidence for December stood at a nine-year high, the official INSEE statistics agency said, as unemployment fears receded slightly while households also felt more confident about their personal finances.

The December reading for consumer confidence came in at 99 points – stable compared to a revised 99 points for November, up from 98 previously. The two new readings were the highest since October 2007, INSEE said on Wednesday.

The index, which is not closely correlated to consumer spending trends, hit an all-time low in May and June 2013 at 79. The highest level since the survey was conducted on a monthly basis was 125 in January 2001.

Originally reported by Reuters

Remember, no issue has a quick fix solution. Thus, always ensure to consult highly knowledgeable group of professionals whom would provide you with a collective advice, never individual advice. This group advice and approach is unique with CWIIL Group and is based on the overall Management Philosophy of all CWIIL Group Companies.

Consulting CWIIL Group of Companies, for any / all investment matters ensures advice based on highest level of knowledge which are given to you by a team of select research-oriented experts whom each will do their own assessment of your matter, and also assess it together, thus ensuring that in case a mistake has been made by one, it will be noticed and corrected even before it is being passed on to you. Receiving incorrect and un-knowledgeable investment advice can be disastrous and thus should be avoided.

CWIIL Group of Companies is a global group of multi-specialised units with diversified interests and activities, wherein each company is a separate legal entity registered under prevailing laws in different parts of the world. CWIIL Group of Companies Products, Services, Project and Solutions are in a multitude of Verticals including, but not limited to, Infrastructure, Power, Oil & Gas, Legal, Media, Technology, ITES, HR, Shipping, Aviation, Real Estate, Hospitals, Health and Medicine, Education, Funding & Investment, Business and Legal Consultancy, and Public Private Partnerships, and other CWIIL Group Units, worldwide, to name a few.

For Further Queries Feel Free to Contact :

Mr. Gregor Novak,
Deputy Global Director, No. 11,
Operations Research & Implementation Division,
Email : deputy.gd.11@cwiilgroup.eu
Voice : +45.8176.1946
Social Media : LinkedIn – Twitter – Facebook

For Queries Specific to the EU Region :
Email : eu@cwiilgroup.com , hq@cwiilgroup.eu
Web : www.cwiilgroup.com , www.cwiilgroup.eu

For Any / All Other Queries :
CWIIL Group Global Regional Headquarters Denmark,
Address : No. 1, Klokkebjergevej, DK6900 Skjern, Denmark
Voice : +45.5148.3608
Fax : +45.7014.1498
Email : corpcomm@cwiilgroup.eu
Web : www.cwiilgroup.eu
Connect : LinkedIn – Twitter – Facebook – Quora

Office Hours :
Monday to Friday : 10.00 – 17.00 CET.
Saturday : 10.00 – 14.00 CET.
Sunday : Closed.

The Corporate Communications Team would require minimum a fortnight for Reviewing & Responding to Queries, which please note.

The Wider Image: Visiting Santa in Lapland

At Santa Claus’ Lapland home in Finland, his helpers sort out piles of letters from around the world, each detailing children’s requests for this Christmas.

In English, Italian or other languages, youngsters’ handwriting adorn the envelopes addressed to Father Christmas, some decorated with colourful hearts and stars.

The Wider Image: Visiting Santa in Lapland

Letters from around the world are stored at the Santa Claus’ Post Office in the Arctic Circle near Rovaniemi, Finland

As the holiday nears, every day is busy for Santa’s team in Rovaniemi, which calls itself his official hometown, near the Arctic Circle.

“Santa Claus is getting more and more popular, he receives about half a million letters every year from all around the world,” Elina, who works as a postal elf, said.

“We are busy here in Santa Claus’ main post office at the Arctic Circle to help him open all the letters and get all the wishes ready for Christmas.”

A board in the post office says Santa can get some 32,000 letters a day at Christmas time. Last year, around 500,000 letters arrived. China, Poland, Italy, Britain, Finland, Japan and Russia top the list of senders.

The Wider Image: Visiting Santa in Lapland

Santa Claus talks to Eloise and Noah Seymour from England at Santa Claus’ Village in the Arctic Circle near Rovaniemi, Finland

Thousands of visitors come to see the Rovaniemi Santa attraction each year ahead of Christmas, meeting the man himself, his reindeer and enjoying the magical scenery.

With just a few hours of light at this time of year, they make the most of sleigh rides among the snow-covered trees during the day.

The Wider Image: Visiting Santa in Lapland

Lapland tourism is a rare bright spot in Finnish economy, which is struggling to recover from a long stagnation. Traveling to Lapland increased 10 percent from January to October to more than 2 million overnight stays, and the number is expected to hit a new record in the full year.

The Wider Image: Visiting Santa in Lapland

“Another year is coming to its end and it has been a turbulent year with many big problems but also many very good things,” Santa said in his Christmas message.

“Now as Christmas is coming close, reach out for those who need a helping hand, do it with compassion – that’s the real Christmas spirit.”

Originally reported by Reuters

WISHING ALL OUR READERS AND YOUR FAMILIES A VERY MERRY CHRISTMAS – MAY THE HOLIDAYS BE FILLED WITH LOVE, JOY & LAUGHTER !!

Remember, no issue has a quick fix solution. Thus, always ensure to consult highly knowledgeable group of professionals whom would provide you with a collective advice, never individual advice. This group advice and approach is unique with CWIIL Group and is based on the overall Management Philosophy of all CWIIL Group Companies.

Consulting CWIIL Group of Companies, for any / all investment matters ensures advice based on highest level of knowledge which are given to you by a team of select research-oriented experts whom each will do their own assessment of your matter, and also assess it together, thus ensuring that in case a mistake has been made by one, it will be noticed and corrected even before it is being passed on to you. Receiving incorrect and un-knowledgeable investment advice can be disastrous and thus should be avoided.

CWIIL Group of Companies is a global group of multi-specialised units with diversified interests and activities, wherein each company is a separate legal entity registered under prevailing laws in different parts of the world. CWIIL Group of Companies Products, Services, Project and Solutions are in a multitude of Verticals including, but not limited to, Infrastructure, Power, Oil & Gas, Legal, Media, Technology, ITES, HR, Shipping, Aviation, Real Estate, Hospitals, Health and Medicine, Education, Funding & Investment, Business and Legal Consultancy, and Public Private Partnerships, and other CWIIL Group Units, worldwide, to name a few.

For Further Queries Feel Free to Contact :

Mr. Gregor Novak,
Deputy Global Director, No. 11,
Operations Research & Implementation Division,
Email : deputy.gd.11@cwiilgroup.eu
Voice : +45.8176.1946
Social Media : LinkedIn – Twitter – Facebook

For Queries Specific to the EU Region :
Email : eu@cwiilgroup.com , hq@cwiilgroup.eu
Web : www.cwiilgroup.com , www.cwiilgroup.eu

For Any / All Other Queries :
CWIIL Group Global Regional Headquarters Denmark,
Address : No. 1, Klokkebjergevej, DK6900 Skjern, Denmark
Voice : +45.5148.3608
Fax : +45.7014.1498
Email : corpcomm@cwiilgroup.eu
Web : www.cwiilgroup.eu
Connect : LinkedIn – Twitter – Facebook – Quora

Office Hours :
Monday to Friday : 10.00 – 17.00 CET.
Saturday : 10.00 – 14.00 CET.
Sunday : Closed.

The Corporate Communications Team would require minimum a fortnight for Reviewing & Responding to Queries, which please note.

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