– According to the EEA, the increased use of photovoltaics, wind and biomass in electricity production in the EU led to a significant reduction in climate-damaging greenhouse gases between 2005 and 2018. That is not the only advantage of switching from fossil to renewable energy sources: The growth in renewables since 2005 has also reduced … Read more
In the Corona crisis year 2020, the car market in Russia held up better than in many other countries, with sales falling by 9.1 percent compared to 2019. In the largest country in the world in terms of area, 1.599 million new cars were sold between January and December, announced the Association of European Businesses … Read more
– An investment program with 500 billion euros by 2030 is necessary, said Kindler. “In times of historically low interest rates, we want to reform the debt brake so that future net investments can be financed through loans.” The state could afford to fight the pandemic. It is extremely dangerous that some in the Union … Read more
– After a phone call between EU Commission chief Ursula von der Leyen and British Prime Minister Boris Johnson, both sides announced on Saturday evening that they wanted to continue talks on a trade agreement despite major differences. Without an agreement, at the end of the Brexit transition phase at the end of the year … Read more
– However, individual sectors such as gastronomy and the leisure industry, “which have good hygiene concepts”, were hit very hard. Politicians are trying to compensate for the lost sales. “But you have to honestly say: Even the November grants will not compensate for all losses already incurred,” said the President of the German Savings Banks … Read more
– With a view to the budget, Habeck criticized Federal Finance Minister Olaf Scholz’s plans He called for “regional differentiation” on the basis of uniform standards. “It would be wrong to loosen and repeal the measures across the board,” said Habeck. One must state “that the breakwater did not break the wave as it was … Read more
– The debate was triggered by a letter from Treasury Secretary Steven Mnuchin to Federal Reserve Chairman Jerome Powell on Thursday evening. In the letter, he calls for some of the corona emergency programs launched by the Fed to be phased out. Mnuchin wants to use the funds released elsewhere in the corona crisis. Mnuchin … Read more
– These are the results of representative surveys by the Family Businesses Foundation, which were collected by the Munich Ifo Institute for the Foundation’s annual monitor. For the study, which is available to the German Press Agency, 2,452 companies were surveyed from May to June. In October, 1,104 companies from this group took part in … Read more
– In view of the persistently grave economic situation, the central bank decided to stick to its extremely relaxed monetary policy. With the BoJ’s decision, Japanese commercial banks can still get money from the central bank almost free of charge. Loans for business investments and for consumers should remain cheap. The third largest economy in … Read more