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Europe
Brussels Proposes EU Standard for Green Bonds
The European Commission proposes the introduction of a European standard for green bonds. Bonds bearing the so-called EUGBS stamp should encourage sustainable investment.
Investors then know for sure that they are putting their…
Swedish Prime Minister Resigns After the No-Confidence Vote
Swedish Prime Minister Stefan Löfven is stepping down over a vote of no confidence passed last week. That motion led to the fall of his minority government.
Löfven's Social Democratic Party may try to form a new coalition. If that…
KLM Abandons Controversial Roster Plan for Part-Timers
KLM is abandoning a plan to allow ground staff part-timers to come to work for an extra day. The airline wanted to spread the hours of part-timers more over the whole week to hire fewer temporary workers and save up to 7.5 million euros.…
New Norwegian Licenses for Arctic Oil Drilling
Norway has issued new licenses for exploratory drilling for oil in the Arctic. It concerns three licenses for drilling in the Barents Sea and one for the Norwegian Sea. The Norwegian government has plans to extract more oil in the Arctic…
New Pfizer/BioNTech Corona Vaccine Factories in Europe
The pharmaceutical companies Pfizer and BioNTech are allowed to use two more factories in Europe to produce their corona vaccine.
This concerns an Allergopharma location near Hamburg in Germany and a Novartis branch near Basel in…
EU Agrees on Distribution of Billions Fund for Brexit Damage
Negotiators from EU countries and the European Parliament have agreed on distributing an aid fund for fishermen and other victims of Brexit.
The fund contains 5 billion euros, of which the Netherlands roughly counts on 810 million.…
Risk Level in Germany Lowered After Corona Infections Decreased
The risk level in Germany has been reduced from 'very high' to 'high', the Robert Koch Institute (RKI) has decided.
The German equivalent of the RIVM is adjusting the status now that the number of infections with the coronavirus…
The European Commission Loses State Aid Case Luxembourg and Amazon
In 2017, the European Commission wrongly instructed the Luxembourg government to claim 250 million euros in "arrears" in tax plus interest from the American internet department store Amazon.
This is the judgment of the General…
Aircraft Manufacturer Airbus is Making A Profit Again
The European aircraft manufacturer Airbus posted a profit again in the first quarter, after the loss a year earlier.
Top man Guillaume Faury points out, among other things, the deliveries of commercial aircraft to customers and the…
Merkel Presents Law to Pass Federal States When Imposing Lockdown
German Chancellor Angela Merkel and her cabinet drafted a bill on Tuesday that would allow them to impose lockdowns themselves outside the federal states.
Merkel believes federal intervention in the fight against the coronavirus is…