In Germany, the entrepreneur confidence index in November was 102 points, having decreased from October's value of 102.8 points, ifo reported. Economists had expected a less significant decline - to 102.3 points. The attitude of German companies to the current situation has deteriorated to 105.4 points from 105.9 points. Their expectations for the near future also dropped, the corresponding indicator declined by 1.1 points over the month and amounted to 98.7 points. The decline in November was observed in areas such as manufacturing, construction, retail and services.
Asian stocks fall as economy turbulence pile on market fears
01.04.2020Kuwait arms virus-beaten economy
27.03.2020Reserve Bank of India slashes interest rates in urgent bid to bolster virus-hit economy
26.03.2020Singapore prepares for recession as virus-hit economy drops in first quarter
