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On the 27th September 2017, the French government presented its 2018 draft budget law, the first of its mandate. Highly anticipated, this draft budget includes a €6.6bn EUR lower tax burden, benefitting households and businesses.
On Sunday the 15th October, the Austrian snap general election saw the conservative People’s Party (ÖVP) win the most votes, 31.4% according to preliminary results.
The trajectory of Argentina´s economic rebound will be subject to the outcome of the upcoming midterm elections on October 22. Investors appear to be more cautious on the country´s political prospects since former president Cristina Kirchner announced that she would be running for the Senate in the province of Buenos Aires.
Saudi Arabia’s economy fell back into recession during the second quarter of 2017, with a contracting oil sector and a stagnating private sector. The economy contracted at an annual rate of 1% in the second quarter of 2017, after shrinking 0.5% during the previous three months.
The strongest deterrent against FSP compliance missteps is or should be: