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Europe
Inflation in the Eurozone is Falling Due to Falling Energy Prices
Prices in the euro countries rose less sharply in June than in the previous month. This is mainly because gas and electricity were cheaper than a year earlier.
Food, alcohol and tobacco prices continued to rise sharply.
Inflation…
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Lagarde: ECB Will Raise Interest Rates Further in July
The European Central Bank (ECB) will raise interest rates in the euro area in July to fight against high inflation. So said ECB President Christine Lagarde at the annual meeting of central bankers in Sintra, Portugal.
According to…
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Images From a Visit to Ukraine Suggest That Russian Defense Minister Shoygu is Still in Office
The Russian Defense Ministry has released images of Defense Minister Sergey Shoygu suggesting he is still in office. The images are said to have been made in the Russian-occupied part of Ukraine. But whether they were made before or after…
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Swiss Government Victim of Cyber Attack
The Swiss federal government suffered a cyber attack on Monday morning that prevented access to official websites and those of some government-linked companies. The government announces that.
A DDoS attack would be intended to…
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European Gas Price Down Again After Strong Increase Last Week
The European gas price fell again on Monday after a significant increase last week. Traders are looking, among other things, at increasing demand for power for air conditioners and fans, for example, due to the warm weather.
But at…
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The EU has Already Frozen More Than 200 Billion Euros in Russian Assets
Since the Ukraine war outbreak, the European Union has seized more than 200 billion euros in assets from the Russian central bank. This is reflected in the most recent figures.
This includes frozen assets worth more than 24 billion…
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European Court Disapproves of Corona Aid to Italian Aviation
The European Commission should not have approved the corona support that Italian airlines have received, the European Court of Justice has ruled.
It is the second time in as many weeks that the European court has annulled approval…
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Siemens Raises Expectations Again After Strong Order Growth
The German industrial group Siemens has again raised its expectations for the full fiscal year thanks to strong order growth.
Siemens thus seems to be reaping the benefits of the major strategic reorganization of its activities,…
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