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European Market Open: Stocks rise as recovery hopes remain intact


European Market Open: Stocks rise as recovery hopes remain intact
Joshua Warner
February 10, 2021 7:16 AM
European markets are expected to open higher today, as countries continue their battle against the coronavirus to underpin hopes for a global economic recovery later this year.
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The UK is set to introduce tough new rules for travellers entering the country, while Germany considers extending its latest national lockdown.
Japan’s central bank is expected to review its asset-buying programme in March, as the country prepares to launch its vaccination programme next week.
US Senate pushes ahead with Trump’s impeachment trial
In forex, GBP/USD climbs to its highest level since April 2018. ....

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Germany economy news: Merkel issued warning as lockdown triggers £1.3bn losses per week | World | News


| UPDATED: 19:20, Wed, Feb 10, 2021
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Nigel Farage says Germany could ‘breakaway’ from EU
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Germany is embroiled in a third COVID-19 lockdown with Chancellor Angela Merkel extending measures into March. Analysis by the Munich-based Institute for Economic Research (Ifo), predicts the German economy is losing £1.3billion (€1.5billion) per week due to business being closed. Union leaders have warned thousands of firms risk going bankrupt unless measures are eased, and have called for a clear roadmap out of lockdown. ....

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German economy crisis: Angela Merkel forces Berlin into more debt than ever before


| UPDATED: 15:33, Wed, Jan 20, 2021
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Germany: Coronavirus deaths surpass 40,000 says Wieler
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Official figures show the German government incurred £115.5billion (€130.5billion) worth of debt in 2020 – three times higher than the previous record. The shocking figures overseen by German Chancellor Angela Merkel are more than £70billion (€79billion) higher than the debt incurred in the aftermath of the 2008 financial crash. ....

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