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Top www.propertynews.pl News

Puma to cut 13% of its workforce as sales continue to decline — PumaFestivalWalk by Wikipedia Photo - Own work (By: Raysonho @ Open Grid Scheduler / Grid Engine) / CC-0

Germany Economy · Germany

Puma to cut 13% of its workforce as sales continue to decline

45% Center coverage: 20 sources

German sportswear maker Puma on Thursday said it would cut 900 jobs in its corporate workforce globally by the end of 2026, as its sales continued to decline.See the Story

Medium-Sized Banks Squeeze the 'Boom' of Mortgage Credit and Gain Market Share Vis-À-Vis Large Banks

European Central Bank · Spain

Medium-Sized Banks Squeeze the 'Boom' of Mortgage Credit and Gain Market Share Vis-À-Vis Large Banks

100% Center coverage: 1 sources

If something has characterized the mortgage market throughout this 2025 has been the double-digit growth that it has experienced. The increase of housing keeps alive the demand to the heat of lower financing costs. The eurobor, the sectoral reference, is currently moving about 2.1%, almost half since the peak of 4%, although the increases of recent weeks show that the cuts in interest rates have touched ground. In these circumstances, the mortga…See the Story

A Possible Turnaround on Interest Rates. Monetary Policy Council Decision Today.

Central Bank · Poland

A Possible Turnaround on Interest Rates. Monetary Policy Council Decision Today.

Just last week, it seemed the Monetary Policy Council might leave interest rates unchanged in November. However, following last week's publication by the Central Statistical Office on price growth, the chances of further cuts this year are increasing, according to analysts from major banks. The final decision by Adam Glapiński and company should be announced on Wednesday afternoon, but falling inflation raises hopes for a fifth cut this year.See the Story

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