Corona crisis is costing Munich Re dearly

Corona crisis is costing Munich Re dearly

October 21, 2020, 8:43 am High losses from the corona pandemic and natural disasters caused reinsurer Munich Re to suffer a slump in profits this summer as well. In the third quarter, according to preliminary calculations, the surplus was around 200 million euros, as the group announced. That would be around 77 percent less than … Read more

A record level of European debt … borrowing 1.35 trillion euros in 3 months

A record level of European debt … borrowing 1.35 trillion euros in 3 months

Last updated: Thursday 20 صفر 1442 هـ – October 08, 2020 KSA 13:51 – GMT 10:51 Publication date: Thursday 20 صفر 1442 هـ – October 08, 2020 KSA 13:21 – GMT 10:21 Source: London – Reuters – The Association of Financial Markets in Europe said on Thursday that European governments issued bonds and bills worth … Read more

Prices for condominiums also rise in Corona times

Prices for condominiums also rise in Corona times

29 July 2020, 14:37 Real estate prices in Germany continue to rise in the corona crisis. In the first 6 months of 2020, condominiums will become more expensive by up to a third compared to the previous year. Where it went up most clearly. Munich is still the most expensive real estate location. Trend: increasing … Read more