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German exporters face rising pressure from China in home market

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Bloomberg German exporters are facing increasing pressure in their home market from Chinese exports to the EU, according to a study by the Cologne Institute for Economic Research. Chinese exports to the region contain more and more sophisticated industrial goods — such as machinery, pharmaceutical and automotive products — which have long been considered the domain of German manufacturers. According ...

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Portugal eases curbs on size of groups at restaurants

Bloomberg Portugal will ease limits on the size of groups that can be seated at restaurants as it takes the next step in a plan to gradually lift restrictions put in place to contain the pandemic. Restaurants will be able to host groups of as many as eight people indoors and 15 people in outdoor seating, Presidency Minister Mariana Vieira ...

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Italy, Spain economies poised to expand at fastest rate since 1970s

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Bloomberg Italy and Spain are set to record the fastest pace of economic expansion this year in more than four decades, a strong rebound that will help the countries overcome last year’s deep recession. Spain’s GDP will expand 6.2% in 2021, while Italy will record a rate of 5.6%, according to a Bloomberg survey of economists. That’s a 0.3 and ...

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