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The total amount of living space in Germany reached a record high

27.07.2018 09:00:24

In Germany, a record amount of living space was recorded, despite the lack of housing in major cities and agglomerations. As reported by the Federal Statistical Office Destatis, the number of housing units at the end of 2017 reached almost 42 million in the country. The number of apartments and single-family houses has increased by 3.7% since 2010. The total amount of living space in Germany at the end of last year amounted to 3 billion 900 million square meters. The ministry said that there are 46.5 square meters per average resident of the country, which is 3.3% more than in 2010.

Latest News

31.07.2020 14:00:27

Dollar sees record slump as U.S. recovery hopes lose steam

The Dollar fell to two-year lows on Friday, heading to its lowest decline in 10 years as concerns mounted over the economic recovery of the U.S. amid a second resurgence of the COVID-19 pandemic. The Dollar index plunged to 92.777, on course ...

31.07.2020 14:00:27

Oil prices rebounds from record lows amid looming headwinds from the pandemic

Oil traded higher on Friday, further reclaiming lost ground from three-week lows in the previous session as the COVID-19 situation continued to dent the global economy as well as oil consumption. Brent crude gained 0.3%, trading at $43.08 ...

29.07.2020 14:00:25

Aussie consumer prices hit record low in second quarter, outlook remains murky

The second quarter had seen Australian consumer prices dropping by a record. This could be attributed to the coronavirus crisis dragging child care cost and petroleum prices, inflicting a serious damage to years of growth toward higher inflation. Last ...

27.07.2020 13:00:22

Germany to implement tough audit regulations after the Wirecard scandal

On Monday, Deutsche Bundesbank’s President Jens Weidmann said in a newspaper interview that Germany would toughen its auditing and accounting regulations to prevent another scam like the Wirecard scandal. Wirecard AG (WDI), a financial ...

24.07.2020 11:00:24

Euro, gold hit record highs as Dollar weakens amid record U.S. unemployment claims

Financial markets saw record heights earlier on Friday, with the Euro continuing its 21-month gain streak and gold prices hitting its highest level amid a weakened Dollar. The Euro soared above the Dollar by 1.7%, trading at $1.1616 for the ...

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