The European Medicines Agency (EMA) has officially approved the corona vaccine that Pfizer has developed together with Biontech. In a press conference Monday afternoon, the EU agency declares that the vaccine is safe and offers sufficient protection against the corona virus. The EMA speaks of a major step forward in the fight against the corona virus. The approval is the starting signal for many countries in the European Union to start vaccinating. Germany, Italy and France expect to start on Sunday.
The UK government deficit increased to a record of GBP 241 billion (app. EUR 265 billion) in the first eight months of the fiscal year. The UK spent billions on helping businesses and households get through the crisis. In November 2020, the UK government spent nearly GBP 32 billion more than it received through taxes.
Consumer confidence in the eurozone increased in December 2020, despite the further rising corona infections and the tightened measures to contain the virus in many European countries. The index the European Commission uses to measure confidence increased by 3.7 points to a level of minus 13.9 points. This means that the indicator is still below the long-term average.
The 6M Euribor is unchanged at -0.52% compared to previous business day. The 10Y Swap is unchanged at -0.26% compared to previous business day.
In the attachment, today’s market data on money and capital market rates as well as other rates are presented.
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