German economy to reach pre-crisis level in 2021 if COVID is under control – DIW

[ad_1] FILE PHOTO: Women with shopping bags walk through the city center in Nuremberg, Germany, November 26, 2020. REUTERS/Andreas Gebert/File Photo GLOBAL BUSINESS WEEK AHEAD BERLIN (Reuters) – Germany’s economic…

German economy grew by 6% in third quarter but recovery likely to slow – DIW

[ad_1] A worker at the Volkswagen assembly line in Wolfsburg, Germany, April 27, 2020. Swen Pfoertner/Pool via REUTERS/File Photo/File Photo BERLIN (Reuters) – The German economy likely grew by around…

Swiss unemployment falls in June to lowest in nearly 2 years

[ad_1] ZURICH, July 7 (Reuters) – Switzerland’s unemployment rate has fallen to its lowest level in nearly two years, a sign the labour market is holding up well despite the…

French economy on course for 9% slump this year – INSEE

[ad_1] PARIS, Dec 2 (Reuters) – The French economy is set to contract about 9% this year as a year-end lockdown-induced slump offsets a stronger than expected rebound from a…

Italian PM threatens to quit, tells coalition to end feud

[ad_1] By Giuseppe Fonte, Crispian Balmer ROME (Reuters) – Italian Prime Minister Giuseppe Conte threatened on Monday to resign, telling his two coalition partners to end their constant feuding or…

RPT-Easing COVID-19 restrictions to boost Australian economy by $6 bln a month – Treasurer

[ad_1] (Repeats with no change to text) SYDNEY, May 11 (Reuters) – Once Australia removes most social distancing restrictions by July, its economy will be boosted by A$9.4 billion ($6.15…

German economy growing by 3% quarter-on-quarter after pandemic slump – DIW

[ad_1] FILE PHOTO: A worker wears a protective mask at the Volkswagen assembly line after VW re-starts Europe’s largest car factory after coronavirus shutdown in Wolfsburg, Germany, April 27, 2020.…

Italy coronavirus death toll surges past 10,000; lockdown extension likely

[ad_1] MILAN (Reuters) – The death toll from an outbreak of coronavirus in Italy barrelled past 10,000 on Saturday, a figure that made an extension of a national lockdown almost…

German economy grows at record pace before second wave of pandemic

[ad_1] BERLIN (Reuters) – The German economy grew by a record 8.2% in the third quarter as higher consumer spending and exports helped Europe’s largest economy to recover partly from…