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A service for political professionals · Friday, June 5, 2020 · 518,735,428 Articles · 3+ Million Readers
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  • Published on 09:37 GMT

    European Commission seeks to lift border controls by end of June

    The European Commission has called on member states to lift all border restrictions by the end of June. The request comes amid a “fast improving” Covid-19 situation in many countries, home affairs commissioner Ylva Johansson said. “We are coming very close …

    Source: Internet Travel News
  • Published on Jun 4, 2020

    European Central Bank nearly doubles its coronavirus support scheme

    The European Central Bank has boosted its coronavirus emergency support program by an unexpectedly large 600 billion euros to 1.35 trillion euros ($1.5 trillion) in an effort to keep affordable credit flowing to the economy during the steep downturn caused …

    Source: Los Angeles Times
  • Published on 09:20 GMT

    DAX Up Over 2% After ECB Boost

    German stocks were sharply higher on Friday after the European Central Bank increased its emergency bond purchase scheme by a bigger-than-expected 600 billion euros to 1.35 trillion, fueling hopes of a faster economic recovery. The benchmark DAX jumped 254 …

    Source: RTTNews
  • Published on 11:11 GMT

    ECB nearly doubles stimulus programme to tackle virus economic fallout

    The European Central Bank has boosted its emergency support programme by €600 billion to €1.35 trillion, adding to efforts made all around the world to help the global economy weather the crisis caused by the virus outbreak. The unexpectedly large ECB …

    Source: euronews
  • Published on 10:45 GMT

    European Shares Rise After ECB Stimulus Move

    European stocks were moving higher on Friday as investors cheered new stimulus efforts in Europe to deal with the economic fallout from the coronavirus pandemic. The European Central Bank announced Thursday it will increase its Pandemic Emergency Purchase …

    Source: RTTNews
  • Published on 09:40 GMT

    StockBeat: The ECB Makes Sure Every Bank Stock Dog Has Its Day

    By Geoffrey Smith  Investing.com -- It’s as if the world suddenly believes the euro has a future. Eurozone bank stocks are flying on Friday in the wake of the European Central Bank’s actions on Thursday to ramp up the monetary stimulus and put the doubting …

    Source: Investing.com
  • Published on 10:00 GMT

    Euro in the ascendancy on the back of ECB stimulus

    LONDON — The euro climbed to a three-month high on Friday and was set for a third straight week of gains after the European Central Bank expanded its stimulus program. The euro rose to $1.1380 against a weakening dollar, its highest level since March 10, …

    Source: National Post
  • Published on 09:13 GMT

    European stocks set for strong finish to week, banks sizzle after ECB

    (Reuters) - European shares resumed their rally on Friday as a bumper stimulus from the European Central Bank fuelled hopes of a faster economic recovery, putting the main benchmarks on course for their best week in two months. FILE PHOTO: A man walks …

    Source: Reuters
  • Published on 07:44 GMT

    Stocks - Europe Seen Higher After ECB Increases Stimulus

    By Peter Nurse  Investing.com - European stock markets are set to open higher Friday, boosted by more support from the European Central Bank, but gains could be tempered by signs of ongoing weakness in the U.S. labor market. At 2:20 AM ET (0620 GMT), the …

    Source: Investing.com
  • Published on 08:05 GMT

    Forex - Euro Strengthens as ECB Generates Optimism

    By Peter Nurse Investing.com - The euro has posted strong gains in early European trade Friday, as the European Central Bank’s decision to expand its stimulus measures has boosted optimism of a global economic recovery. At 3:40 AM ET (0740 GMT), EUR/ …

    Source: Investing.com
  • Published on 09:40 GMT

    Stocks - ECB Booster Shot Drives European Markets Higher

    By Peter Nurse  Investing.com - European stock markets pushed higher Friday, helped by more support from the European Central Bank which has boosted hopes of a relatively speedy recovery in the region. At 3:55 AM ET (0705 GMT), the DAX in Germany traded 2. …

    Source: Investing.com
  • Published on 04:04 GMT

    Investors take profits as ECB boosts firepower

    LONDON: A rally in global stock markets petered out Thursday but resolute action from the European Central Bank to fight the coronavirus fallout put a floor under losses from investors cashing in on recent gains. The euro rose and southern European bond …

    Source: The Dawn
  • Published on 08:08 GMT

    Stock market investors take profits as ECB boosts firepower

    In this file photo the fearless girl statue and the European bourses retreated after major gains earlier in the week, along with Wall Street indices, with investors anticipating a gloomy US jobs report today. — AFP pic NEW YORK, June 5 — A rally in global …

    Source: Malay Mail
  • Published on 08:53 GMT

    German factory orders plunge, portending lean times ahead

    BERLIN — Factory orders in Germany plunged even more than anticipated in April, underlining the effect the coronavirus pandemic has had on Europe’s largest economy. The Economy Ministry said Friday that industrial orders dropped 25.8% in April over the …

    Source: Tribune
  • Published on 07:08 GMT

    German Factories See Record Drop in Demand 

    (Bloomberg) -- German factories experienced a record decline in demand in April, underscoring the brutal hit Europe’s largest economy sustained from the shuttering of businesses to rein in the pandemic. The 25.8% drop in orders is just one indicator …

    Source: Investing.com
  • Published on 06:49 GMT

    German factory orders plunge as global demand dries up

    German factory orders plunged in April at a much faster rate than expected as coronavirus hit the global economy and caused demand to dry up. Factory orders dropped 25.8 per cent in April compared to a month earlier, when they fell by 15 per cent. The …

    Source: City A.M.
  • Published on Jun 4, 2020

    European Central Bank boosts pandemic support program by 600 billion euros ($670 billion) to 1.35 tr

    FRANKFURT, Germany (AP) - European Central Bank boosts pandemic support program by 600 billion euros ($670 billion) to 1.35 trillion euros. Sign up for Daily Newsletters Copyright © 2020 The Washington Times, LLC.

    Source: The Washington Times
  • Published on Jun 4, 2020

    European Central Bank nearly doubles covid-19 pandemic support scheme

    The new stimulus comes on top of added spending by European governments and similar stimulus efforts by the U.S. Federal Reserve, the Bank of England, the Bank of Japan and other central banks around the globe as the world tries to cope with a sharp, …

    Source: livemint.com
  • Published on Jun 4, 2020

    European Central Bank nearly doubles pandemic support scheme

    FRANKFURT, Germany — The European Central Bank has boosted its pandemic emergency support program by 600 billion euros to 1.35 trillion euros ($1.5 trillion) in an effort to keep affordable credit flowing to the economy during the steep downturn caused by …

    Source: Tribune
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