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The question of whether credit will also be supported by the European Central Bank remains wide open as no comments have been made in one sense or the other.
ECB faces a serious policy dilemma, between inflation and possible recession in the face of dwindling Russian gas supplies and energy rationing.
Article 8 ETF screens for securities meeting Roman Catholic principles and carbon reduction criteria.
Inflation has reached all time high levels, being situated around 8.1%. Under this current situation, Euro Inflation-linked bond funds offer long-term protection against inflation.
The EU (AAA/Stable) will disburse around EUR 1.2trn (about 8.5% of EU-27 GDP) over 2021-27.
The composite PMI increased to 55.8 (from 54.9), a level clearly consistent with ongoing growth. This rise was driven by higher services sector sentiment which in turn largely benefitted from the unwinding of Covid stringency measures.
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