Following stable commercial and industrial performance at the beginning of the year, Airbus is currently revising its operating performance...
Europe
The Eurogroup have not reached agreement about the aid package the EU economy
the European Commission on Tuesday began the study pessimistical scenario in which a pandemic COVID-19 will cause a downturn in the economy unit,...
Voestalpine says about 40 million euros of losses due to pandemic COVID-19
the Largest Austrian steel company announced the one-time write-offs of € 40 million due to the impairment of assets as a result of the pandemic....
ArcelorMittal prints the details of a ventilator on a 3D printer in Spain
the Apparatus of artificial lung ventilation and face shields are essential equipment needed to combat coronavirus....
The European Union will increase the duty on American goods in response to the extension of tariffs on steel in the USA
the U.S. imposed import duties on steel and aluminum in 2018 for reasons of protection of national security. Under the rates were about 40 billion...
ACEA: the pandemic has hit one million jobs in the automotive industry EU
About half of all employees in the automotive sector, the European Union sent home in connection with the quarantine measures in the EU....
Lamborghini launches production of medical masks and protective flaps
Italian avtostroitel Automobili Lamborghini plans to produce one thousand masks a day, and medical shields — 200. Products will be tested for...
The wholesale price of gasoline and diesel fuel in Europe in March fell by 30-50%
the Price of oil in the European market dropped this week below $ 20 per barrel....
Euronews: COVID-19 in Italy may cause social unrest, looting and violence
Hungry residents of a number of Italian municipalities forced the owners of small shops to distribute free food....
All the citizens of Serbia will receive 100 euros in state support
Serbia plans to provide their businesses for about 5 billion euros in loans and grants to help them to cope with the economic impact of coronavirus....
German car industry could lose 100,000 jobs because of the pandemic coronavirus
Industry expert Ferdinand of Dudenhefer said that the restoration of Germany's automotive industry may need up to 10 years....
VW loses more than 2 billion dollars a week because of coronavirus
Company warns of possible layoffs if the situation with the pandemic COVID-19 will not be taken under the control of national governments....
Poland will build the world's largest plant for the production of batteries for electric vehicles
the Project will facilitate the transition of Europe on clean energy and electrification of the European transport industry....
Sovereign Fund of Norway has lost 124 billion dollars due to the collapse of markets
the world's Largest national wealth Fund lost per month more than $ 100 billion because of the collapse of the markets and falling oil prices....
Measures to rescue the economy and financial system of the EU is not consistent
EU Finance Ministers were unable to agree on the rescue plan for the economy and financial system of the Eurozone from the consequences of...
Gas prices in Europe fell to historic lows
due to limitations of production in Europe has increased dramatically balances of gas in storage, putting pressure on prices....
Nissan stopped the factory in Barcelona and fired 3,000 employees
Nissan has fired about three thousand employees in its three factories in Spain....
The largest steel plant in Europe closed on quarantine
Italy stops the production of coronavirus, the unions ILVA ArcelorMittal and the administration have agreed on a two-month is simple....
The Danube Commission has limited shipping on the Danube
This is due to measures to combat the spread of coronavirus COVID-19....
The ECB will allocate 1 trillion Euro this year to stop the spread of coronavirus
With rising bond yields on the periphery of the unit and the spread between Italian and German ten-year debt, doubled in just a few days, the ECB is...
Coronavirus prevented the restart of blast furnace in Krakow
ArcelorMittal closed the plant in Krakow in November last year, citing rising costs and the deteriorating market prospects and planned to start...
European automakers stopped production
European automakers suspend production on the backdrop of the spread of coronavirus COVID-19....
Airbus suspends production in France and Spain
Airbus has developed plans in the event of unforeseen circumstances, to slow down or stop production if coronavirus France will be subjected to...
COVID-19: the EU and the countries of the "Schengen" completely closed external borders
All travel is between non-European countries and the European Union will be suspended. This decision was adopted by all EU member States...
The closure of European borders disrupt trade precious metals
currently, there are delays in the supply of ferrous metals in Central Europe 2-3 days from the normal time of transportation....
The European Union imposes border measures in the context of emergency COVID-19
member States of the EU can re-introduce internal border controls, but may not restrict the movement of people and commodities....
Car market in Italy is experiencing a record decline
in Addition to the fall sales, the Italians began to experience serious disruptions in supply of parts and components that could not affect the...
Volkswagen in Portugal reduces the production of vehicles due to lack of manpower
a labor Shortage in Lisbon came after the authorities ' decision to close all schools due to the outbreak of coronavirus....
The European economy will face a recession by 2-2,5% due to pandemic
Europe has become the new epicenter of the spread of the coronavirus that causes regional governments to take strict quarantine measures....
The European Commission has published a note on the US decision to ban travel from Europe
the Decision of U.S. President Donald trump with the introduction of new restrictions on travel from Europe to combat the spread of coronavirus, the...
