Pierre Larrouturou he is a french politician, MEP, left-wing, framed in the social democratic family. A regular voice on economic and social issues that for almost two decades has tried to influence public debate. He tried the usual channels, first collecting signatures and campaigning. Later through the traditional parties, but neither. And in the end […]
Tag: Germany
Telefónica resists against the covid but its profit is reduced by half, weighed down by the business in Argentina
Telefónica manages to reduce the impact of the pandemic on its accounts in the third quarter of this year, although revenues or ebitda suffer an inevitable erosion when compared with the figures for the same period in the previous year. Meanwhile, other problems arise, specifically a deterioration of the business in Argentina with a negative […]
Altmaier says the pandemic has accelerated unexpectedly
Germany’s coronavirus pandemic has unexpectedly acceleratedGerman Economy Minister Peter Altmaier said on Thursday, Reuters reported. Additional comments: “We need to preserve the foundation of our economic success during the pandemic.” “We are not experiencing the same industrial collapse as in the last wave“. “International supply chains haven’t been broken this time“. “We are still working […]
Annual inflation falls to -0.5% in October according to preliminary estimate
The preliminary estimate of inflation in Germany for the month of October showed figures below expectations. Annual inflation would have been -0.5%, below the expected 0.4%, given an increase in the consumer price index of 0.1% in the month. The euro was unchanged. The spotlight is on the European Central Bank which announced its monetary […]
Scholz says the situation is serious, although not everyone feels it yet
The coronavirus situation in Germany is dire, even if it still doesn’t feel that way to everyoneGerman Finance Minister Olaf Scholz said on Thursday, Reuters reported. Additional comments: “By offering specific measureswe can offer great support to those who really need it. ” “We need to provide up to 10 billion euros in a month […]
“Soft lockdown” to allow the economy to function more normally in December
As Germany prepares for a ‘soft confinement‘as of November 2, Helge Braun, Chief of Staff of the German Chancellor, Angela Merkel, said he is confident that the lockdown can prevent hospitals from being overwhelmed by coronavirus patients. “The lockdown that Merkel agreed with the state prime ministers was aimed at allowing the economy to function […]
We ask citizens to cancel all non-essential trips
German Chancellor Angela Merkel, noted on Wednesday that the country is in a “very serious” situation regarding the coronavirus, noting that the number of patients in intensive care units has doubled in the past 10 days, according to Reuters. Additional conclusions “The rate of spread of the virus is especially high and we are seeing […]
Germany: Government and states agree to aid package for the coronavirus worth up to 10 billion euros
The German government and states have agreed on a coronavirus aid package to compensate companies that are forced to close in NovemberReuters reports, citing sources familiar with the matter. Reportedly, the aid package will be worth up to 10 billion euros and the government will pay small businesses affected 75% and large companies 70% of […]
Germany: National blockade as of November 2
According to the German newspaper image, a national shutdown in the country could begin next Monday, November 2, if Chancellor Angela Merkel reaches an agreement with the prime ministers of the German states, according to Reuters. Earlier in the day, Reuters noted that a draft resolution suggested the lockdown would begin on November 4. Market […]
Garamendi believes that the Government Budgets are “unrealistic”
This was stated during the 35th congress of Aecoc, the Association of Manufacturers and Distributors of Mass Consumption, which is held today in Valencia. According to Garamendi, now “is not the time to raise taxes.” “It is a mistake and it goes in the opposite direction to what other countries are doing”, such as France, […]
