A family that regulates its budgets well makes two basic decisions in times of job and / or financial uncertainty that could jeopardize future income: spend less and save more. The two are intertwined. In this day and age it is easy to spend less. As much as it hurts the leisure sector, tourism and […]
Tag: Germany
The ZEW sentiment for Germany and the Eurozone surprises with an improvement in January; EUR / USD hits 2-day highs
The index ZEW economic sentiment for the Eurozone has risen almost 4 points in January, standing at 58.3 compared to the previous 54.4, well above the 45.5 expected by the market. This is the best score obtained by the indicator since last September. The ZEW of German economic sentiment has jumped even more strongly, rising […]
Merkel wants to extend the confinement until February 15 – Bild
Before his meeting with the Prime Ministers of State, the German Chancellor, Angela Merkel, said that his wish is that the lockdown runs until February 15, as quoted by the newspaper Bild. The meeting between Merkel and state leaders is due to take place at the end of Tuesday, although it was initially scheduled for […]
Year-on-year inflation remains at -0.3% in December, as expected
The interannual Consumer Price Index of Germany for the month of December has registered a result of -0.3%, matching market expectations and the November result. For the second consecutive month, the lowest level of inflation has been established in the German country since February 2015. The monthly inflation has risen 0.5%, as expected, up from […]
The Sheikha who wants to lead world tourism: “Women have better managed the pandemic”
Sheikha Mai Al Khalifa says that if she is elected today as the new secretary general of the World Tourism Organization (UNWTO), the first thing she will do when she takes office will be to create a museum in part of the space of the Palacio de Congresos de Madrid, a building that was partially […]
Germany urged to take away the ice hockey world championship from Lukashenka. No effect yet
Germany proposed not to limit itself to statements of solidarity with the protesters against the regime of Alexander Lukashenko, but to confirm this in practice: to deprive the Belarusian authorities of the right to host the World Ice Hockey Championship, which starts in May. The press service of the German Foreign Ministry writes about this, […]
Merkel is considering new containment measures – Bild
The German Chancellor, Angela Merkel, is considering additional confinement measures related to the coronavirus amid heightened fears about the variant of the virus detected in the UK, Reuters reported Thursday, citing German media outlet Bild. According to reports, Merkel’s measures could include the closure of local and long-distance public transport. Hours earlier, the Robert Koch […]
Altmaier says the pandemic situation is worse than anyone expected
The situation of the coronavirus pandemic in Germany is worse than anyone expected and they are under pressure to act, German Economy Minister Peter Altmaier said on Thursday, Reuters reported. “Until now, the government has made 75 billion euros available to companies affected by the pandemic“, Altmaier pointed out.” The government will continue to provide […]
RKI says they will have the pandemic under control by the end of 2021
“We will have the pandemic under control by the end of this year“Germany’s Robert Koch Institute (RKI) president Lothar Wieler said in a statement on Thursday. Additional comments: “The situation may get even worse due to the new variant of the virus“. “The capacity of the German ICUs is more challenged than ever“. “10 of […]
The German economy contracted 5% in 2020
The German economy contracted 5% in 2020, according to preliminary figures GDP gross domestic product released by the Federal Statistics Office on Thursday. The general data has exceeded expectations of a contraction of -5.1% and it has improved the previous reading of -5.2%. The preliminary figure for Germany’s GDP for 2020, seasonally adjusted, has reached […]
