economy

German economy is recovering from pandemic slump, Bundesbank data shows

German economy is recovering from pandemic slump, Bundesbank data shows

Published 13/07/2020

FRANKFURT (Reuters) - The German economy is rebounding from a pandemic-induced slump after hitting bottom last month, a real-time indicator developed by the country’s central [more…]

India’s June retail inflation picks up after easing of lockdown

India’s June retail inflation picks up after easing of lockdown

Published 13/07/2020

NEW DELHI (Reuters) - India’s retail inflation picked up in June, pushed by price increases for some food and fuel items, but economists said the [more…]

Tunisia seeks late debt payments as crisis hits economy, state budget

Tunisia seeks late debt payments as crisis hits economy, state budget

Published 13/07/2020

TUNIS (Reuters) - Tunisia has asked four countries to delay debt repayments, it said on Monday as it announced more pessimistic economic and budget forecasts [more…]

Canada June industrial prices rise on higher energy prices: Statscan flash estimate

Canada June industrial prices rise on higher energy prices: Statscan flash estimate

Published 13/07/2020

OTTAWA (Reuters) - Producer prices in Canada gained 0.4% in June from May, primarily on higher prices for energy and petroleum products, Statistics Canada said [more…]

France backs Spanish candidate to lead Eurogroup of finance ministers

France backs Spanish candidate to lead Eurogroup of finance ministers

Published 09/07/2020

PARIS (Reuters) - France will back Spanish Economy Minister Nadia Calvino for the presidency of the Eurogroup of euro zone finance ministers, French Finance Minister [more…]

EU sees deeper recession, less steep rebound for euro zone

EU sees deeper recession, less steep rebound for euro zone

Published 07/07/2020

BRUSSELS (Reuters) - The euro zone economy will drop deeper into recession this year and rebound less steeply in 2021 than previously thought, the European [more…]

Italian cabinet approves ‘mother of all reforms’ to slash red tape

Italian cabinet approves ‘mother of all reforms’ to slash red tape

Published 07/07/2020

ROME (Reuters) - The Italian government approved a package of measures on Tuesday aimed at cutting the complicated red tape that has long been blamed [more…]

Moderate rebound in German industry orders points to slow recovery

Moderate rebound in German industry orders points to slow recovery

Published 06/07/2020

BERLIN (Reuters) - Orders for German industrial goods rose by 10.4% in May, rebounding from their biggest drop since records began in 1991 the previous [more…]

One fifth of German firms fear for their survival amid pandemic: Ifo

One fifth of German firms fear for their survival amid pandemic: Ifo

Published 06/07/2020

BERLIN (Reuters) - Around one fifth of German companies (21%) believe their survival is threatened by the coronavirus crisis, Germany’s Ifo institute said on Monday, [more…]

Canada GDP likely to rise 3% in May on gradual reopening

Canada GDP likely to rise 3% in May on gradual reopening

Published 30/06/2020

OTTAWA (Reuters) - Canada’s real GDP is likely to grow 3% in May, bouncing back from a record decline in April, Statistics Canada said in [more…]