Euro / Dollar: Euro exchange rate increases slightly

Euro bills and dollar bills Much of the world’s transactions are processed in the two currencies. (Photo: Reuters) Frankfurt The euro rose slightly on Friday after a volatile trade. In the late afternoon, the common currency was $ 1.1072, slightly more than in early trading. In the meantime, the euro had risen to $ 1.1087, […]

The race to develop a vaccine ()

London 27th March 2020:                       At least 30 companies and                       academic institutions, biotech startups and                       large pharmaceutical companies such as Johnson & Johnson and                       Sanofi on vaccines. Scientists have                       already examined the entire genome of the virus and                       found the proteins that made the infection                       cause. We believe that a number of                       Biotech companies, including Gilead […]

The race to develop a vaccine ()

London 27th March 2020:                       At least 30 companies and                       academic institutions, biotech startups and                       large pharmaceutical companies such as Johnson & Johnson and                       Sanofi on vaccines. Scientists have                       already examined the entire genome of the virus and                       found the proteins that made the infection                       cause. We believe that a number of                       Biotech companies, including Gilead […]

Corona pandemic: is the next euro crisis coming?

Olaf Scholz currently has to help not only the German economy, but also his voice. When the federal finance minister first held a video conference with his colleagues from the G7 countries and later with his European colleagues on Tuesday, there was cough syrup first. The small bottle “Bronchicum Elixir” is at hand on his […]

The central bank wants Europe’s countries to share risks

Madrid The Spanish central bank chief Pablo Hernández de Cos calls for extensive support measures by the European partners in the corona crisis, which he describes as “unprecedented in modern history”. “That is why an ambitious and coordinated response at European level is needed. Issuing Eurobonds is one way of giving this European answer. If […]

European Central Bank increasingly purchases government bonds

ECB The ECB’s expanded program now includes planned bond purchases of EUR 1.1 trillion this year. (Photo: dpa) Frankfurt The European Central Bank stepped up its government bond purchases – even before the central bank expanded its quantitative easing by an additional EUR 750 billion. The purchase of public sector bonds added 13 billion euros […]

Euro / Dollar: Euro exchange rate continues to grow

Euro bills and dollar bills Much of the world’s transactions are processed in the two currencies. (Photo: Reuters) Frankfurt The euro picked up on the gains made at the start of the week on Tuesday and continued to grow. In turn, a weakness in the dollar provided a boost for the euro. The US currency […]

European consumers become discouraged as coronavirus blocks spread

LONDON – At the beginning of March, Europeans became much more somber about their economic prospects when governments across the continent announced increasingly stringent restrictions on movements and social interaction, suffering the greatest loss of confidence in one month. The European Commission – the executive arm of the European Union – said Monday that its […]

European loan program against Corona is a long time coming

Berlin, Brussels Corona has led to a breakdown in fiscal policy: States around the world are launching aid programs worth billions to avert an economic crash. Europeans also act quickly and decisively – but only at the national level. The European Monetary Union has so far been unable to achieve anything – on the contrary: […]

ECB & Co simplify access to the world’s leading currency, the dollar

ECB The European Central Bank announces, together with the world’s largest central banks, the coordinated provision of dollar liquidity. (Photo: Bloomberg) Frankfurt The European Central Bank (ECB) and other large central banks want to secure the supply of money houses with cheap dollar loans in the virus crisis through a new coordinated action. The ECB, […]