The index Markit Services PMI for Germany has risen in December to 47 points from November 46, but disappointing the 47.5 expected by the market. This is the third consecutive month of contraction for the indicator. The Eurozone services PMI has risen sharply to 46.4 in December compared to 41.7 in November, but it remains […]
Tag: Germany
We can endure confinement for a long time – Olaf Scholz
Europe’s economic powerhouse can overcome long-term coronavirus-induced lockdown, Germany’s Finance Minister said Wednesday Olaf Scholz, in an interview with ZDF television. Featured statements: “We can hold out for a long time“. “Probably we have less debt after the pandemic than after the financial crisis of 2008“. “The budget legislators in the German parliament have authorized […]
Germany: The government and the states agree to extend the blockade until January 31
The government and the German states agreed to extend the coronavirus lockdown until the end of JanuaryReuters reports Monday citing the German newspaper Bild. Earlier in the day, the Robert Koch Institute (RKI) said that there were 9,847 confirmed infections and 302 COVID-19 related deaths on Monday. The German Chancellor is expected, Angela Merkel, make […]
Germany will extend the blockade beyond January 10
Authorities from Germany’s 16 states agreed, in a conference call over the weekend, extend restrictions, informa Reuters, citando un artÃculo del Frankfurter Allgemeine Sonntagszeitung. Germany is likely to extend a national blockade beyond January 10 to curb the steady rise in coronavirus cases. Chancellor Angela Merkel and regional leaders are likely to announce the extension […]
China tightens the fence on its tech giants to ensure their loyalty
The Chinese Communist Party (CCP) has 89 million members. If it were a country, it would be the seventeenth most populous in the world. It would go just behind the Democratic Republic of the Congo and ahead of Germany. Within Chinese society, having the CCP card, especially outside the big cities, grants a superior status, […]
US announces new tariffs on German and French products
The United States has announced an increase in tariffs on some European Union products, which include component parts, some non-sparkling wines and various cognacs and brandy types from France and Germany. The statement from the US Trade Representative Office. indicates that the new rates will enter effective next January 12 and that they are a […]
Weidmann points out that the economic outlook will be based on the developments of the covid after confinement
Jens Weidmann, a member of the Governing Council of the European Central Bank (ECB) and President of the Bundesbank, said on Thursday that the The nation’s economic outlook will be based on developments of the coronavirus (COVID-19) after lockdown. However, policy makers dismissed expectations that the second wave of coronavirus will inflict more economic damage […]
The EU closes an investment agreement with China
After almost seven years of negotiations, the European union a controversy closed this Wednesday investment agreement with China which aims to improve European investors’ access to the Chinese market, but which raises suspicions in the Biden administration even before taking office. An extraordinary summit by video call, on the verge of the end of the […]
RKI Agency affirms that the virus is still widespread in the population
The director of Germany’s Robert Koch Institute noted Wednesday that the coronavirus it is still widespread throughout the population and across various age groups. For his part, Health Minister Jens Spahn said that he does not see that they can return to normal under current conditions. “There will be no mandatory vaccination for healthcare workers,” […]
The Balearic Islands were the most expensive national destination in summer and the fourth least visited by Spanish travelers
The reopening of the borders in summer had very moderate effects in the Balearic Islands compared to the rest of the autonomous communities. The archipelago came out the third quarter of the year being the fourth community by the tail in the percentage of visits by national residents, and that despite the fact that this […]
