Euro falls – inflation in the euro zone at ten percent The euro fell slightly on Friday. In the afternoon, the common currency was trading at $0.9782. In the morning it was still above the $ 0.98 mark. The euro had recovered from previous losses on the previous two days. The European Central Bank set […]
28 Sep 2022 06:15 am The industrial revolution once began in Europe. In the last 40 years, many governments in Europe have been counting on the end of industry and the rise of services, until the swing towards industry came again – but with current energy prices, companies are migrating. Guest Commentary by Dr. Karin […]
25 Sep 2022 6:27 p.m The energy price crisis poses an immense threat to the German economy. Economists now no longer believe that in the end – analogous to the Corona crisis – everything can go on as before. According to the economists, the crisis could cause lasting damage to the economy. According to economists, […]
19 Sep 2022 9:21 p.m The EU Commission has presented a new package of measures to deal with future crises. The initiative aims to prevent the collapse of the internal market in crisis situations. Also because Brussels will be able to intervene in entrepreneurial freedom in the future. On Monday, the EU Commission presented a […]
16 Sep 2022 11:09 am Municipal energy suppliers warned on Thursday about the consequences of high energy prices. Farmers also made their concerns about falling yields and production interruptions clear. The president of the association warned: “Without gas, no milk, no butter, no yoghurt.” Municipal energy suppliers in Bavaria warned on Thursday that one in […]
16 Sep 2022 06:00 am There is no alternative to Russian pipeline gas for Europe, said Gazprom’s deputy chairman. Without gas, the European economy would become uncompetitive. The opening of Russia’s Nord Stream 2 gas pipeline could solve Europe’s energy crisis, Gazprom Deputy CEO Oleg Axyutin told a plenary session of the Petersburg International Gas […]
12 Sep 2022 4:44 p.m By Dagmar Henn bailouts? It’s like throwing a quarter of a life preserver to a drowning person. Or, to be precise, a sixth. After all, winter in Germany has six months and not just one. All the maneuvers give the impression that they just want to postpone the real displeasure […]
12 Sep 2022 06:15 am In an interview with the Russian news agency TASS, former Austrian Foreign Minister Karin Kneissl explained that there was an electricity crisis even before the gas crisis, because the European energy market works “according to incomprehensible principles”. The electricity industry crisis in the EU started in 2021 and was caused […]
9 Sep 2022 7:06 p.m In view of the sanctions imposed on Russia, Europe is trying, among other things, to switch to liquefied natural gas. However, the largest US LNG exporter warns that demand from China could lead to energy shortages in Europe. Against the background of the energy shortage in Europe and the approaching […]