The trade agreement reached between Great Britain and the European Union, the start of the corona vaccination programs and further developments in the global economy are “encouraging”.
The uncertainty is still high, not least due to new corona restrictions in many countries. It will also take time for extensive immunity to the corona virus to be achieved. In the meantime, the favorable financing conditions – a consequence of the ultra-loose ones Monetary policy the ECB – and the generous financial policies of the states support economic development. / bgf / jkr / jha /