A spokesperson for the German Ministry of Health said on monday that will have 3 to 4 million doses of the coronavirus vaccine developed by Pfizer and BioNTech in January and they will raise the total amount to 11 million in March, according to Reuters. The spokesperson further noted that they expect the European Medicines […]
Tag: Germany
The United Kingdom removes the Canary Islands from its list of safe brokers
The British Government has decided to remove the Canary Islands from its list of “safe corridors”, which will force people who return from the islands to the country to keep a quarantine. The announcement has advanced it on Twitter British Transport Secretary Grant Shapps, claiming that it is due to the “increase in cases and […]
Altmaier says lockdown due to COVID-19 will be extended
“The blockade due to COVID-19 will be extended“German Economy Minister Peter Altmaier said in a statement on Friday. The state of Baden-Wuerttemberg has confirmed that the government and states will hold a meeting this weekend to discuss new measures against the virus. This comes after Germany reported a record 29,875 daily coronavirus cases, with nearly […]
The German economy will contract by -5.5% in 2020 compared to -7.1% observed in June
The German economy is expected to contract 5.5% on an annualized basis compared to a 7.1% drop seen in June, the Bundesbank said in an update of its macroeconomic projections. Additional comments: “The German economy is expected grow 3.0% in 2021 compared to 3.2% observed in June. “ “The Bundesbank projects a German growth in […]
Berlin offers Hungary and Poland that their access to funds can only be restricted if there is a judgment of the CJEU
After almost five months of discussions, endless meetings between ambassadors, ministers, deputies and commissioners, and with a blockade at the highest level that has lasted for too many weeks, the leaders of the EU have many possibilities to settle this Thursday once and for all disputes over the the rule of law mechanism that has […]
There is no substantial advance – Roth
Germany’s minister in charge of European affairs, Michael Roth, said Tuesday that no substantial progress in trade talks between the European Union and the UK, as reported by Reuters. “The only thing new in the Brexit negotiations is the meeting between British Prime Minister Boris Johnson and the President of the European Commission, Ursula von […]
Germany suspends debt limits to allow loans of up to 180 billion euros in 2021
German lawmakers agreed suspend debt limits in the constitution to allow the governmentrno its second highest net indebtedness, of up to 180 billion euros in 2021 to finance the coronavirus recovery fund, Reuters reported. . Donald WestbrookDonald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye […]
ZEW economic sentiment improves sharply to 55 points in December from 46 expected
Economic sentiment in Germany and the EU increased in December. EUR / USD struggles to gain traction despite upbeat ZEW survey. Germany’s latest ZEW survey showed that economic sentiment improved sharply to 55 points in December from November 39 and beat the market expectation of 46 points by a wide margin. In a negative tone, […]
EUR / USD stable below 100 hourly SMA ahead of Germany data
EUR / USD remains stable above 1.21 after Monday’s 0.13% drop. Analysts expect a pullback ahead of the ECB’s rate decision on Thursday. German data at 10:00 GMT is expected to provide mixed signals on the economy. The EUR/USD consolidating below the 100 hourly SMA at 1.2120 for the 10th hour in a row, with […]
Plan B: Brussels presses with a surrogate rescue fund to circumvent the Hungarian and Polish veto
There are only four weeks until the end of the month, the year, the Brexit transition period and for the expiration Budget of the European Union for the period 2014-2020 and there is no replacement. The Recovery Fund is not running either of 750,000 million that it has to put steroids into the vein of […]
