Brief economic corona news from September 10
FHI, Federation of Technology Industries – September 10, 2020
- The German economy is recovering faster than previously thought, according to a forecast of the think tank DIWWithout a second wave, GDP will contract by 6 percent instead of the previously expected 9.4 percent.
- The number of companies declared bankrupt continues according to the latest CBS figures but are falling. In August, 173 companies went bankrupt. That is 32 fewer than in July and the lowest number in 21 years.
- The CBS further reports that CO2 emissions in the second quarter were 21.1 percent lower than in the same quarter of 2019. Energy companies burned less coal and emissions for the transport sector were halved.
- The coronavirus vaccine being developed by pharmaceutical company AstraZeneca and the University of Oxford could still be ready before the end of this year, reports RTL NewsDue to medical problems with a test subject, testing has been temporarily halted.
- “The best way to keep a society together is to ensure growth and jobs,” says outgoing chairman of VNO-NCW Hans de Boer in his farewell interviewAccording to De Boer, there is a negative sentiment towards the business community in the Netherlands, which has caused some companies to relocate to neighbouring countries as a result of Brexit.
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