The German government wants to provide EUR 200 million emergency aid for areas affected by heavy rainfall last week. The money is intended to restore buildings and infrastructure and support residents. European states would also contribute EUR 200 million, according to Reuters.
Of all the investments that governments worldwide make to exit the corona crisis, only 2% goes to greening. As a result, CO2 emissions will reach a record level in 2023 and will increase further in the years to come, according to the International Energy Agency (IEA).
The U.S. recession caused by the coronavirus lasted just two months, ending with a low point reached in April 2020 after the start of a sharp drop in economic activity in March of that year, the U.S. Business Cycle Dating Committee announced Monday.
The 6M Euribor is unchanged at -0.52% compared to previous business day. The 10Y Swap decreased with 1 basis point to -0.05% 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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