Sentiment in the euro area is improving Investor’s sentiment is improving so outlook of the eurozone’s economic recovery is rising. This is indicated by the investor confidence index, which climbed to its highest level in almost a year in January due to optimism about the covid-19 vaccination. The Sentix survey rose to 1.3 from -2.7 […]
Will the EU divide technology monopolies? The EU has threatened to divide large technology companies if they repeatedly act anti-competitive. The EU’s goal is to combat unfair competition in the sector, and the Digital Services Act will force technology companies to take more responsibility for illegal behaviour on their platforms. After the EU publishes the […]
Trump admitted defeat After a long refusal to defeat, Donald Trump said his administration would admit defeat and start working with Joe Biden’s team. The Republican team will thus admit defeat and the transfer of power can begin. On the other hand, the current president has pledged to continue to challenge his electoral loss. Trump […]
Tesla made it to the S&P 500 index The shares of electric car manufacturer Tesla will become part of the S&P 500 stock index. After the end of Monday’s trading, the index operator, S&P Dow Jones Indices, announced this. The inclusion of the company’s shares in the index has long been speculated. Tesla’s stock market […]
Concerns are growing in Germany Germany is currently experiencing growing concerns about the growth of the German economy in October due to increasing growth in coronavirus infections. As the results of the survey published today by the ZEW Institute show. The confidence index fell to 56.1 points from 77.4 points in September. On the other […]
German debt will rise to alarming levels In response to the closure of the economy due to the coronavirus, Germany has taken several costly measures to mitigate the effects of the crisis. Among other things, it took a reduction in value-added tax for half a year, decided to provide families with a one-time contribution of […]