Tag: Germany

German Borrowing to Stay Close to Record to Fund Pandemic Aid

(Bloomberg) — Germany’s federal government plans to sell the second-highest amount of debt on record next year, as aggressive spending to offset the impact of the coronavirus pandemic continues.Most Read from BloombergCan Indoor Farms Reach Skyscraper Height?Zero Taxes, Golf and Beach Houses Create a Crypto Island ParadiseSaudi Arabia Wants Its Capital to Be Somewhere You’d Want to LiveDebt issuance will shrink to about 410 billion euros ($464 billion) in 2022, compared with a record of around
— Read on ca.finance.yahoo.com/news/german-borrowing-stay-close-record-090000780.html

Germany’s Incoming Vice-Chancellor Calls for ‘Lockdown of the Unvaccinated’

(Bloomberg) — Germany’s incoming vice chancellor called for a nationwide “lockdown for the unvaccinated,” the latest sign of tougher restrictions sweeping across Europe to check the latest surge in Covid-19 infections.Most Read from BloombergChina Cash Flowed Through Congo Bank to Former President’s Cronies‘Pension Poachers’ Are Targeting America’s Elderly VeteransReliving the New York Subway Map DebateAhead of pandemic talks on Tuesday between German federal and regional officials, Robert Habe
— Read on ca.finance.yahoo.com/news/germany-incoming-vice-chancellor-calls-071909388.html

Germany’s steep Q2 GDP drop revised up slightly – MarketWatch

The German economy’s plunge in the second quarter wasn’t as steep as reported in the first release but it was still the largest decline in output since the…
— Read on www.marketwatch.com/story/germanys-steep-q2-gdp-drop-revised-up-slightly-2020-08-25

Coronavirus cases surge in U.S., Brazil and rise in Germany

There has been a surge in coronavirus cases in the U.S. and Brazil, and further outbreaks in Germany — where the reproduction rate of the disease has risen substantially.
— Read on www.cnbc.com/2020/06/22/coronavirus-cases-surge-in-us-brazil-and-rise-in-germany.html

Germany, Canada Among Top Economies With Most to Lose, ING Says – Bloomberg

Germany and Canada are among the world’s major economies most exposed to coronavirus-related shocks because of their dependence on trade, according to a recent report published by analysts at ING Group.
— Read on www.bloomberg.com/news/articles/2020-04-01/germany-canada-among-top-economies-with-most-to-lose-ing-says

German economy stagnates in sign of Europe’s difficulties

FRANKFURT — Growth ground to a halt at the end of the year in Germany, Europe’s largest economy, as manufacturing remained in a slump and exports fell, official figures showed Friday.The flat reading underlines the challenge facing the broader eurozone economy as it struggles against headwinds from the
— Read on ca.finance.yahoo.com/news/german-economy-stagnated-fourth-quarter-090316499.html

Germany Edges Out Norway as Europe’s Biggest Electric Car Market – Bloomberg

Germany has pulled ahead of Norway for sales of all-electric cars since the start of the year, putting Europe’s biggest auto market in position to become the regional leader on an annual basis for the first time.
— Read on www.bloomberg.com/news/articles/2019-12-09/germany-edges-out-norway-as-europe-s-biggest-electric-car-market

An Industrial Crisis Is Brewing in Germany

(Bloomberg Opinion) — In the darkest days of the 2009 recession, Germany’s industrial output was collapsing at an annual rate of more than 20%. An unfathomable implosion but one that thankfully ended almost as quickly as it started.Some 10 years on, a crisis is brewing once again in the country’s industrial
— Read on ca.finance.yahoo.com/news/industrial-crisis-brewing-germany-060006973.html