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The closure of the coal mines of Germany allocated EUR 40 billion

Federal government of Germany reached an agreement with the regions most affected by the plan to phase out use of brown coal or lignite for its...

In December 2019, the European auto industry showed record sales growth

In December, new car sales in Sweden and the Netherlands more than doubled, while Germany posted the largest growth in sales for the year....

Environmentalists not allowed to replace Russian coal into the UK domestic raw materials

the UK Demand for coking coal will be reduced by half if the producers will choose the cheaper and cleaner production of steel with use of modern...

The European Commission told where to take a trillion euros on the transition to a green economy

December 11, 2019, the Commission introduced the European "green deal" with the intention to become the first climate neutral block in the...

Peugeot Opel announced cuts 2100 jobs in Germany

the New cuts are justified not so much by the drop in demand for cars, as the need to transition to electric vehicles....

The world's leading economies urged to strengthen the WTO Agreement on subsidies

EU, US and Japan agree on new ways of strengthening the global rules in relation to industrial subsidies....

Berlin is investing in rail infrastructure 86 billion euros

trade Unions believe that this will not be enough even to maintain the existing network of the German Railways in the normal state....

Germany will pay 6 billion euros with the Dutch shipyard for the construction of warships

the Largest steel producer and submarines in Germany, ThyssenKrupp has not received one of the largest military contracts in history of Germany....

More than 400 000 jobs will be lost in Germany after the transition to electric vehicles

the Largest automakers of Germany are forced to manufacture cars that run on electricity falling under the pressure of the European Union, fighting...

Thyssenkrupp expects the Chinese to sell their industrial assets

the Largest steel producer in Germany is gearing up for the sale of the divisions Industrial Solutions and Elevator Technology....

BMW became the first automaker to support responsible sourcing of minerals

the German automaker became a member of the Association controlling the mining companies on their compliance with best practices of production and...

The European Commission said about lost billions of euros due to infringement

the European Commission strengthens the protection of European intellectual property in world markets....

The head and owner of "British Airways" resigned

Willie Walsh, CEO International Airlines Group (IAG), the owner of British Airways, has announced his retirement....

The European Union and Belarus signed the agreement on simplification of visa regime

talks on the Agreement on simplification of visa regime between Belarus and the EU officially began in 2014. Since 2006, the EU has concluded...

Stock Aston Martin has fallen by 16% after reports of a drop in profits by 45%

Favorite car company of the fictional British secret service agent James bond is actively taking money and complaining about the rising costs of...

Producer prices of industrial production in the Eurozone in November rose by 0.2%

In the Euro zone of the European Union in November with a slight increase in prices for industrial products. While in annual comparison continues...

Germany stated that threatening Iraq with sanctions is "not very useful"

Germany is ready to continue to assist Iraq, "if it is requested, and the situation allows," said Minister of foreign Affairs of Germany,...

Bulgaria offers transit liquefied natural gas from Greece to Ukraine

Russian gas Deliveries via the "Turkish stream" was opened by Ukraine access to regasification the LNG terminal "Revithoussa",...

The European Union has tightened requirements for fuel for marine transport

the international Maritime organization on 1 January 2020 limited the maximum sulphur content in fuels for marine transport reduced to 0.5% compared...

Israel intends to supply gas to Europe along the bottom of the Mediterranean sea - launched project "EastMed"

the length of the pipeline "EastMed" is 1900 kilometers, it will connect Greece, Cyprus and Israel to Italy and other South-Eastern Europe...

Airbus in 2019 became the largest aircraft manufacturer in the world, surpassing Boeing

European Airbus aircraft Corporation JSC was ousted from first place Boeing sold in 2019 863 aircraft....

Bulgaria has estimated the financial effect of the transition to the "Turkish stream" in 50 million dollars

From 1 January Bulgaria has started receiving Russian natural gas from Turkey via the gas pipeline "Turkish stream" and not using Romania...

BMW has patented an innovative new technology for recharging electric motorcycles

German engineers have proposed to build in the road surface contact the panel, which will charge an electric motorcycle through its stand....

Bulgaria since 1 January will receive Russian gas from Turkey

Gazprom may decide to leave some volume for deliveries to Bulgaria via the Ukraine after signing a new contract....

New EU Commissioner wants to discuss with a sales representative of the USA tariffs on steel and aluminum

the European Union wants to restart trade relations with the United States and enter into mutually beneficial trade deal....

Germany decided to abandon nuclear power by 2022

against the background of cessation of coal-fired generation of electricity nuclear energy will mean an explosion of investment in renewable sources...

Germany gathered in 2019, more than 3 billion euros in trade in emission quotas

Selling of emission rights has brought Germany more than three billion euros. The money goes into a climate Fund for the financing of the energy...

The European Commission opposed the us sanctions against European companies

President of the European Commission (EC) Ursula von der Leyen said that the EC does not support U.S. sanctions against the "Nord...

Europe moves to unmanned vehicles presents a roadmap

European Association of vehicles ACEA presented the strategy of transition to unmanned vehicles....

European banks have allocated record funding for the construction of the Amur gas processing plant of Gazprom

OOO "Gazprom pererabotka Blagoveshchensk" and PJSC "Gazprom" has completed the signing of loan and security documentation as part...

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