The corona crisis is hitting Germany and with it the export-oriented medium-sized companies and world market leaders. A survey of them by WirtschaftsWoche reveals open flanks, but also hope and optimism.
German Chancellor Angela Merkel made her first public statement about the coronavirus epidemic on Wednesday (11 March), saying that financial reserves and good emergency mechanisms make Germany well-prepared. "We will do what is necessary," she added. EURACTIV Germany reports.
With its new industrial strategy, the European Commission wants to promote climate-friendly innovations, unlocking billions in investment into clean technologies. However, it remains unclear how companies will be supported in the transition. EURACTIV Germany reports.
Since the coronavirus outbreak started, the Chinese economy has begun to suffer. As a result, Germany, and particularly its car industry, could also lose out as China is its most important trading partner. EURACTIV Germany reports.
While the eurozone's private sector stagnated until December 2019, the manufacturing sector saw a prolonged slump. It is the services sector that continues to drive the Eurozone's growth. EURACTIV's partner La Tribune reports.
The European Parliament is grilling the proposed members of Ursula von der Leyen’s Commission in a series of hearings between 30 September and 8 October.
On Tuesday, Danish official Margrethe Vestager, nominated as Executive Vice President for Europe fit for the Digital Age, will be questioned by MEPs
The ifo Institute for Economic Research has lowered its forecast for Germany's economic growth for 2019 and 2020. Instead of the previously predicted 0.6%, the institute now expects a 0.5% growth rate for 2019. A potential hard Brexit and escalation of trade wars with the US were not taken into account. EURACTIV Germany reports.
Germany is facing a recession, with business confidence plunging to levels not seen since the global economic crisis of 2009. As a result, calls for increased investment are growing louder – but possibly for the wrong reasons, EURACTIV Germany reports.
The ECB's key interest rate remains at zero and is expected to be at that rate at least until summer 2020. However, ECB chief Mario Draghi is suggesting that a decisive fiscal policy is far more important for the eurozone, especially for Germany and Italy. EURACTIV Germany reports.
The six lead candidates of the main political parties laid out their visions of Europe on Wednesday evening (15 May), clashing over jobs and climate change in their last televised debate before the EU elections.
We need to reboot the financial system and rethink old structures. This is what the OECD, the World Bank Group and the UN Environment Programme are calling for in their new joint report. Sustainable finance should become mainstream, but the market is still lagging far behind. EURACTIV Germany reports.
In a debate on the potential introduction of a carbon price, an increasing number of German company associations are voicing their thoughts. Some fear their competitiveness would take a hit, while others are excited about new business opportunities. EURACTIV Germany reports.
French Minister of Economy and Finance Bruno Le Maire wants to introduce legislation to ensure that heads of large French businesses living abroad pay more taxes in France. EURACTIV France’s partner La Tribune reports.
Economists consider, based on tax havens’ statistics such as Bermuda or Ireland, that 40% of multinational companies' profits avoid taxation. The EU would thus be deprived of a fifth of its income from companies. EURACTIV.fr reports.
Barely a dozen sectoral agreements have been finalised ever since social dialogue was established in Europe. The social partners’ contradictory objectives and the progressive disinvestment of the European Commission are to blame for this.
The Serbian government's Social and Economic Council, unions and the Serbian Association of Employers, have launched negotiations over the minimum wage for 2018. Labour leaders face an uphill battle. EURACTIV.rs reports.
Serbia plans to compensate for lower than planned GDP growth in 2017. Although, according to officials, economic indicators are good, the drought has taken its toll and forced the government to change its estimates. EURACTIV.rs reports.
Serbia is on the path to recovery, according to the Commission’s Spring 2017 European Economic Forecast. However, the reality for Serbians is still tough, despite 3.6% growth and a public debt predicted to fall under 70% GDP in 2018. EURACTIV Serbia reports.
Italy's debt-burdened government approved a package of economic reforms Tuesday (11 April) designed to cut €3.4 billion from its deficit this year, Prime Minister Paolo Gentiloni said, following pressure from Brussels.
Brexit will cause Britain's economic growth to slow sharply and blow a hole in government finances that will require it to borrow an extra £122 billion [€143 billion] over five years, a gloomy budget update revealed today (23 November).