Germany’s Gfk consumer confidence index for the month of July moderated to -0.3 points from -6.9 in June (figure revised from -7), improving the -4 expected by the market. This is the best result recorded by the indicator in eleven months, specifically since August 2020. The Gfk has not been positive since April 2020. EUR […]
Tag: Germany
EU and US can resolve differences over steel and aluminum tariffs before the end of the year
The German Minister for the Economy, Peter Altmaier, made statements collected by Reuters at the end of the North American session on Thursday, talking about the positive future trade relations between the European Union (EU) and the United States. Additional comments… The talks in Washington showed a window of opportunity to resolve differences and he […]
The IFO for business climate improves forecasts in June and reaches maximums since 2018
The index Germany’s business climate IFO for the month of June has risen to 101.8 since May 99.2, exceeding the expected 100.6 and reaching its best result since November 2018. The Current valuation IFO has also improved, standing at 99.6 compared to the 95.7 of the previous month, improving the 97.8 forecast. This is the […]
Cars float and trees fall. Europe was covered with large hail and storms – video
Heavy storms hit France, Germany and Poland. The hurricane flooded streets, knocked down trees and damaged buildings. According to The Watchers, about 44,000 lightning strikes were recorded in France over the weekend. The country experienced heavy downpours, heavy hail and tornadoes. In the Laura Valley, a tornado damaged a church. The fallen masonry collapsed […]
Growth will be stronger than expected – Olaf Scholz
The German Finance Minister, Olaf Scholz, He said on Wednesday that he expects economic growth in the country to be stronger than expected this year. Today’s PMI data from the Eurozone and especially from Germany support the minister’s statements. “We have a reason for optimism, the rally is underway“Scholz added, but also noted that the […]
Services PMI reaches 10-year highs at 58.1, improving expectations
Germany’s preliminary manufacturing PMI index rose to 64.9 in June from 64.4 in May, improving the 63 expected by the market and hitting two-month highs. The services PMI has risen sharply to 58.1 from the previous 52.8, topping the 55.5 estimate. This is the highest figure reached by the indicator since March 2011. The recovery […]
The industry has weathered the crisis well – Angela Merkel
The German industrial sector has weathered the coronavirus pandemic wellsaid the country’s Chancellor on Tuesday, Angela Merkel. Featured statements “We are better than in other European countries.” “State aid is necessary as an exceptional measure, but it must be reversed when the situation improves.” “TWe will have to spend gigantic amounts in the next few […]
In Germany, a Russian scientist was detained: suspected of working for the special services of the Russian Federation
In Germany, the scientist Ilnur N., a citizen of Russia, was detained. He is suspected of working for the special services of the Russian Federation, according to the press service of the Prosecutor General’s Office of Germany. As noted, the arrest warrant was issued on Friday, June 18 – on the same day the […]
Dated to the 17th century. Two paintings by old masters were found in Germany in a dumpster
Two valuable 17th century paintings were found in Germany in a dumpster. It is reported by the BBC. The oil paintings are believed to be by the Dutch artist Samuel van Hoogstraten and the Italian Pietro Bellotti, according to German police. The paintings were found last month at a service station on the A7 […]
Altmaier says the German economy will clearly grow more than 4% in 2022
German Economy Minister Peter Altmaier said on Friday that the economy is rebounding faster than many feared, as reported by Reuters. “The German economy will clearly grow more than 4% in 2022“, ha agegado Altmaier. . Donald WestbrookDonald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen […]
