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Europe
First International Tender for European Gas Launched
Europe is launching an international tender for the joint purchase of gas for the first time. It concerns 77 companies from the EU and other European countries that want to buy gas for a total volume of 11.625 billion cubic meters (bcm).…
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German Recession Threatens After Decline in Industrial Production
Germany's industrial production fell much more than expected in March. This was mainly due to a weak performance in the country's important auto sector. The weakening production is fueling fears that the largest economy in Europe is still…
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Berlusconi Addresses Party From Hospital: Support Helped to Overcome Pneumonia
Former Italian Prime Minister Silvio Berlusconi has addressed his supporters for the first time since his hospitalization a month ago. He did so via a video message from a hospital in Milan.
The former prime minister thanked his…
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European Court: Not Every Violation of GDPR Legislation Entitles You to Compensation
Not every violation of the European General Data Protection Regulation (the well-known GDPR legislation) entitles you to compensation. The European Court of Justice stated this in a new judgment on Thursday.
The GDPR identifies how…
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LEGO Only Sees Going Public as a Last Option
The Danish family company LEGO will only consider an IPO as a very last option, where no one in the family would want to run the toy company anymore.
Thomas Kirk Kristiansen, who belongs to the fourth generation of the family…
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Irish Minister: Inflation can be Reduced With Companies’ Price Reductions
Irish Finance Minister Michael McGrath says that companies should do their part in the fight against inflation by lowering their prices.
He also thinks the European Central Bank (ECB) should be careful with interest rate hikes…
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Pope Francis Visits Hungary and Calls for Peace in Ukraine
Pope Francis is in Hungary for a three-day visit. Francis has meetings with the Hungarian president and Prime Minister Viktor Orban. On Sunday, he will also lead a mass in the centre of Budapest.
Pope Francis' long-awaited visit to…
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Former Audi Executive Pleads Guilty in Dieselgate Lawsuit
A former director of the German luxury car manufacturers Audi and Porsche, subsidiaries of car group Volkswagen, pleaded guilty to installing cheating software during a court case in Germany about 'dieselgate' on Tuesday.
The…
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