France secures €4 billion to save those foolish startups

Japanese manufacturing output shrank by 3.7 percent in March compared to a month earlier, due to the corona crisis. The Japanese government reported this on the basis of final figures. As a result, production declined further, because in February a shrinkage of 0.3 percent was already visible. On an annual basis, industrial production in Japan decreased by 5.2 percent. Due to the pandemic, many...

Germany’s economy shrank by 2.2 percent in the first quarter of this year compared to the previous quarter. The German Federal Statistical Office announced this on the basis of provisional figures. The figure matches the average expectation of economists. In the fourth quarter of 2019, the gross domestic product of the largest economy in Europe shrank by a revised 0.1 percent. An unchanged...

Germany’s goods exports shrank by 11.8 percent in March from February under pressure from the corona crisis. The German Federal Statistical Office announced this. According to the statistics bureau, it is the largest monthly decline in exports since the start of the measurements in 1990. Economists had generally expected a decrease of 5 percent. In February, exports of Europe’s...

The production sector has experienced the largest decrease since the start of the measurement in 2000, the Dutch Association for Purchasing Management (NEVI) reports Monday. The so-called NEVI purchasing managers index, or the NEVI PMI, fell from 50.5 in March to 41.3 in April. This is the lowest figure since May 2009. “This indicates a major deterioration in the state of the production...