Eurozone economy is growing faster than previously expected
FHI, Federation of Technology Industries – January 31, 2022
- The RIVM reported 112,278 new positive tests on Monday, the highest number ever in the Netherlands. However, the figure is partly distorted by disruptions at the GGDs.
- In the fourth quarter of 2021, the eurozone economy grew by 0.3 percent, reports Eurostat. That's more than expected. The stronger growth is mainly due to the recovering German economy.
- The oil price reached its highest level since 2014 on Monday morning with a price of 91.14 dollars per barrel of Brent oil. The high price is the result of the tensions surrounding the Ukraine and high demand, writes De Telegraaf.
- The UWV thinks to spend 21.7 billion euros on benefits this year, more than 2 billion less than the benefits agency expected in June. According to the UWV, this is due to the lack of large waves of dismissals as a result of the NOW schemes.
- On December 31, 2021, there was a total of more than 407 billion euros in savings in the joint savings accounts, reports DNB. The balance also increased during the festive month, while normally the balances would shrink.