December data signalled an eighth successive monthly decrease in home building across the Eurozone. The contraction was steep overall and, when excluding COVID-19, the sharpest since March 2013. The drop in activity levels at German firms was the sharpest of the three largest eurozone nations and the quickest since February 2012.
Finance
Bloomberg: NYC Pushing Ahead With Cashless Retail Ban, Joining Neighbours
While Europe is purshing for a cashless society, many in the US coprehend the dangers. Read here
Climate Crisis
DIW: Make the European Green Deal Real –Combining Climate Neutrality and Economic Recovery
We normally do not link to extensive reports, but this one is special, as it is a holistic approach to the energy transition away from fossil fuel. Definitely take the time to read the Executive […]
Economics
Eurostat: Business investment decreases to 23.2% in the euro area
The EU’s V-Recovery is unstoppable! The business investment rate in the euro area decreased to 23.2%, compared with 25.3% in the first quarter of 2020, reflecting the decrease of the gross fixed capital formation by […]
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