Germany’s second lockdown stopped upswing, but did not sink economy -stats office

[ad_1] BERLIN, March 16 (Reuters) – Germany’s second lockdown has stopped the recovery in Europe’s largest economy, but recent data for the first quarter suggest there won’t be a “drastic…

Greece to spend big part of EU recovery funds on green, digital projects

[ad_1] ATHENS (Reuters) – Greece plans to spend more than half of the 32 billion euros ($38 billion) it will get from the European Union’s recovery fund on green and…

French rebound will taper off in Q4 after COVID-19 resurgence, INSEE says

[ad_1] PARIS (Reuters) – France’s post-lockdown economic rebound is likely to peter out in the fourth quarter as a resurgence of new coronavirus infections weighs on business activity, the statistics…

Denmark: We can slash CO2 by 70% in a decade and still have welfare

[ad_1] COPENHAGEN (Reuters) – Denmark said on Tuesday that it could reach its 2030 climate target of reducing emissions by 70%, one of the world’s most ambitious, without compromising its…

Daily Briefing: An emergency

[ad_1] The Fed has moved on from backstopping financial markets to helping support the real economy. One World Trade is seen behind a sign that flashes an emergency alert in…

France adds $23 billion scheme to aid measures for company finances

[ad_1] FILE PHOTO: French Economy and Finance Minister Bruno Le Maire wears a face mask during a press conference to present the details of new restrictions aimed at curbing the…

UPDATE 2-Russian central bank cuts key rate to record low of 4.25%

[ad_1] By Andrey Ostroukh, Gabrielle Tétrault-Farber * Bank of Russia cuts key rate to 4.25% * Says more cuts possible * Revises neutral range for key rate to 5-6% *…

Draghi fever may drive Italian risk premium to post-crisis low

[ad_1] By Stefano Rebaudo, Yoruk Bahceli MILAN/AMSTERDAM(Reuters) – Italy’s new Prime Minister Mario Draghi may boost the appeal of his government’s bonds for foreign investors, and could even push their…

POLL-Norway central bank rates seen on hold next week, hike draws nearer

[ad_1] * reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/cb-polls?RIC=NOINTR%3DECI poll data * Unanimous expectation for unchanged rate of 0.0% on March 18 * Median prediction for hike is in Q1 2022 * Some economists eye hike…

Daily Briefing: Georgia on markets’ minds

[ad_1] December PMIs offered us a glimpse of recovery — with U.S. factory activity ending 2020 at a six-year high while the German reading was the highest in almost two…