Connect with us

Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website. .

Top Stories

Germany births jump 10% in March to highest in 23 years

2021 06 15T165612Z 1 LYNXNPEH5E0Z1 RTROPTP 4 HEALTH CORONAVIRUS GERMANY BIRTHS - Global Banking | Finance

BERLIN (Reuters) – Germany continued to buck the global trend for falling birth rates during the coronavirus pandemic, reporting a 10% jump in March to the highest figure since 1998, the Statistics Office said on Tuesday.

Germany had already reported a 6% rise in births in February. The number of births in March came in at 65,903, about 5,900 more than a year ago and the first time the 65,000 figure was exceeded since 1998, the Statistics Office said.

The increase comes nine months after the first wave of the coronavirus started to ebb in Germany in May last year and the first lockdown measures were eased.

The Statistics Office said birth rates had stabilised in countries like Spain, France or Belgium that were harder hit by the first wave of the coronavirus, while they had also jumped in March in other European countries, particularly in the east.

Many countries have seen their birth rates fall during the COVID-19 crisis, prompting national soul searching: Chinese births fell 18% last year to their lowest since 1961 and the U.S. birth rate declined 4% to its weakest since 1979.

In Germany, births in 2020 were down just 0.6% and were steady in January, which suggests the first coronavirus lockdown had a minimal impact on fertility decisions.

Population experts have attributed the German exception to family-friendly policies and higher migration as well as the country’s promptness in assuring people they would be paid by the state if they could not work during the lockdown.

Europe’s largest economy used to have one of the lowest fertility rates in the region as conservative social norms and policies made it hard for women to reconcile families and work, compounding Germany’s labour shortage as baby boomers retire.

That started to change as Chancellor Angela Merkel expanded parental benefits and state investment in childcare from 2005. Her 2015 decision to let in over a million mostly young refugees from Syria and elsewhere gave a further boost.

(Reporting by Emma Thomasson; editing Philippa Fletcher)

Global Banking & Finance Review

 

Why waste money on news and opinions when you can access them for free?

Take advantage of our newsletter subscription and stay informed on the go!


By submitting this form, you are consenting to receive marketing emails from: Global Banking & Finance Review │ Banking │ Finance │ Technology. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Recent Post