Anti-austerity protesters have gathered in Frankfurt to blockade the headquarters of the European Central Bank. Protesters say the ECB's support of Austerity measures is making people suffer.
German companies are closely following all developments that might give them an idea of exactly how the United Kingdom will leave the European Union. Soft or hard Brexit — that's the question yet to be answered.
The head of Germany's biggest private lender wants the European Central Bank's (ECB's) cheap money stimulus to end, warning that he sees price bubbles in stocks, bonds and property.
The City of London's regulator has said major City firms will start executing contingency plans at the end of the year if there is no agreement about the UK's transition for exit from the EU. Citigroup is off already.
Negative interest rates were originally just for businesses, but now private individuals are paying the price. One of Germany's major banks has decided its wealthy customers will lose money on savings accounts.
© 2019 Deutsche Welle |
Legal notice |
| Mobile version