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Europe
Volkswagen Confirms Interest in Rental Company Europcar
Car manufacturer Volkswagen has confirmed its intention to acquire car rental company Europcar. The German group works together with the Dutch car importer Pon, financial news agency Bloomberg reported earlier. France's…
Germany Allocates 10 Billion to Help Start-Ups
The German government is allocating 10 billion euros to help start-up technology companies to grow further. According to the German government, the support is intended for start-ups struggling to attract investors'…
Banks Benefit Longer from More Relaxed ECB Rule
The European Central Bank (ECB) has extended by nine months an easing of capital requirements for banks introduced during the corona crisis.
With the less stringent requirement, the ECB wanted to ensure that…
The European Union Focuses on a More Stable Relationship With Russia for the Time Being
For the time being, the European Union should focus on making the relationship with Russia more predictable and stable. That's all there is to it now that "a new partnership with Russia seems a long way off," said EU…
EU and US Freeze Sanctions Over Boeing and Airbus Conflict
The European Union and the United States have reached a compromise over their 17-year conflict over mutual subsidies for aircraft manufacturers Boeing and Airbus.
The two superpowers freeze their mutual…
Eurozone Industry Continues to Recover
Manufacturing production in the euro area increased again in April compared to the previous month.
In particular, durable consumer goods, such as bicycles and household appliances, were made more. On the other…
Europe Focuses on Facebook Marketplace
The European Commission wants to investigate whether Facebook misuses advertisers' data to compete with those same advertisers with its ad platform.
Facebook is used by nearly three billion people every month,…
Germans, Danes and Greeks can Already Get An EU Corona Travel Pass
Germany, Greece and five other countries have already started issuing the European corona travel pass on Tuesday.
The switching point through which EU countries can read each other's so-called digital Covid-19…
Austria Will Stop Using the AstraZeneca Vaccine as Soon as Supplies Run Out
Austria will stop administering AstraZeneca's corona vaccine once the current stock has been used. The main reason is that deliveries are not going well, and there are far fewer doses of the drug than agreed.
…
European Commission Concerned About EU Citizens in UK Removal Centres
The European Commission is concerned about the detention of EU citizens in deportation centres in the United Kingdom.
Especially the condition they are in and the long duration of detention are "a source of…