Following reports on Tuesday suggesting that German Chancellor Angela Merkel is considering a “soft” confinement With coronavirus cases on the rise in Europe’s economic powerhouse, Bild notes that Merkel is expected to push for schools and kindergartens to stay open when she meets with the state’s prime minister to discuss the issue later on Wednesday. […]
Tag: Germany
Tourism is entrusted to the communities to “save Christmas and get to Easter”
 The fact that the Government wants to extend the declaration of the state of alarm until May to curb the second wave of the pandemic throws more uncertainty about the Christmas tourist campaign and even Easter. The sector believes that what worries the most is the announcement of the deadline because it deters international tourists. […]
Scholz says dramatic rise in coronavirus infections is very concerning
The dramatic increase in coronavirus infections in Germany is very concerningGerman Finance Minister Olaf Scholz said Tuesday, Reuters reported. “Quick and decisive steps are needed to stop the new wave of infections“Scholz added.”Additional measures should be specific, temporary and targeted, and ideally applied nationwide“. Scholz has further noted that Germany has done well during the […]
Nervousness over rising COVID-19 infections is increasing
Following the publication of IFO’s latest German business survey, the institute’s economist, Klaus Wohlrabe, has said the economy is getting more nervous amid rising coronavirus infections. Additional comments: We anticipate growth of 2.1% in the fourth quarter. The growth forecast excludes a second blockage. Closing schools and daycare would have a massive impact on the […]
IFO data on business climate and expectations recede in October; EUR / USD falls to day lows
The German IFO indicator of business climate has fallen to 92.7 points in October from 93.4 in September, worsening the 93 expected by the market. The current IFO valuation has improved to 90.3 from the 89.2 of the previous month, improving the 89.8 estimated and showing its best result in seven months, specifically since last […]
Manufacturing PMI continues strong recovery in October as service sector returns to contraction territory
IHS Markit has released its PMI data for Germany, showing that increasing cases of COVID-19 have caused a contraction in services activity, although the strong recovery in the manufacturing sector continues. The Manufacturing PMI preliminary for the month of October showed a increased to 58 points from 56.4 in September, improving the 55.1 estimated. This […]
Germany takes the Canary Islands out of their risky destinations to travel
Germany, one of the main countries of origin of tourists for Spain, has decided to remove the Canary Islands from its list of risk destinations for Covid to travel. This is a relief for the archipelago, which is now in the height of peak season. According to sources from the Canary Islands Government confirmed […]
Germany’s RKI declares Ireland, Poland, Switzerland and the UK as risk areas
The Robert Koch Institute (RKI) of Germany has warned of the uncontrolled spread of the coronavirus in a statement Thursday. The organism has classified Ireland, Poland, Switzerland and the United Kingdom as risk prone areas of coronavirus within the euro zone. This comes after Europe’s economic powerhouse reported 11,287 new cases of coronavirus on Thursday, […]
Germany registers 11,287 new cases, the largest daily wave
Germany confirmed Thursday 11.287 new cases of coronavirus, registering the largest rise in a single day so far, according to the latest statistics published by the Robert Koch Institute (RKI). The total count now stands at 392.049. On Tuesday, the count increased by 7.830. The death toll rose to 30, bringing the total to 9.905. […]
In Germany, new cases increase to 6,868; Interim results of Moderna’s vaccine come out in November
According to the latest coronavirus statistics released by Germany’s Robert Koch Institute (RKI), the European powerhouse reported 6,868 new infections on Tuesday. The total count is now 373,167. The number of deaths rose sharply to 47, bringing the total to 9,836. The daily death count is the highest since late May. Despite worrying German statistics, […]
