• Merkel says growth prospects are better than many thought

Market news

9 March 2017

Merkel says growth prospects are better than many thought

  • Need to quickly pursue trade deals with other countries after EU-Canada agreement

  • Europe must never seal itself off

  • Should look where EU can cut bureaucracy

  • Europe has made progress on migrant crisis but still need to reform EU asylum system

  • Turkey is an important partner but it is sad to hear Turkey talking about nazi times

  • Calls for release of German-Turkish journalist held in Turkey

  • We have to base talks with Turkey and others on our values of democracy

  • Transatlantic relationship, on basis of our values, is good for everyone

Major European stock exchanges started trading in the red zone: FTSE 100 7,295.32 -39.29 -0.54%, CAC 40 4.947.52 -12.96 -0.26%, Xetra DAX 11.937.56 -29.75 -0.25%
German Ifo institute head Fuest says ECB should start exit from its expansive monetary policy, should reduce its monthly bond purchases of 60 bln euros by 10 bln euros per month from April
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