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Results for "Handelsblatt"

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Greece Welcomes Foreign Banks in its Banking Sector
Businessnewsbeast7d ago

Greece Welcomes Foreign Banks in its Banking Sector

Yannis Stournaras, Governor of the Bank of Greece, stated in Handelsblatt that foreign investors are welcome to participate in Greek banking institutions. This contrasts with strong reactions in Germany to UniCredit's entry into Commerzbank, signaling Greece's open stance on foreign investment in its financial sector.

Germany Finalizes 2027 Budget Draft
Worldnaftemporiki1mo ago

Germany Finalizes 2027 Budget Draft

Germany's 2027 budget draft has been finalized, according to Handelsblatt, citing sources that German Finance Minister Lars Klingbeil reached an agreement.

BusinessReuters3mo ago

VW Cuts 2030 China Sales Target

Volkswagen has reduced its sales target for China by 2030, an executive informed Handelsblatt, indicating a revised outlook for the crucial market.

Handelsblatt Praises Greece's Debt Exit Strategy and Fiscal Health
Businessiefimeridanewsbeast2mo ago2 sources

Handelsblatt Praises Greece's Debt Exit Strategy and Fiscal Health

German newspaper Handelsblatt has lauded Greece's strategy for exiting the debt trap, highlighting Athens as an example of fiscal consolidation. The report specifically credits Pierrakakis's approach to early debt repayments for yielding positive results.

EU Plans Record Fine Against Google
Politicscnbcder-standardaktualne-cz+1Rappler2mo ago4 sources

EU Plans Record Fine Against Google

The European Union is reportedly planning to impose a record-breaking fine against Google, with reports suggesting a high triple-digit million euro sum. This comes after a period of deliberation by EU authorities.

Merkel Criticizes EU Over Lack of Russia Diplomacy
PoliticsbloombergFTThe Guardian+37nzztimes-ukcnbcukrainska-pravdafazle-figaroSCMPrzeczpospolita+29 more3mo ago40 sources

Merkel Criticizes EU Over Lack of Russia Diplomacy

Former German Chancellor Angela Merkel publicly criticized the European Union for its insufficient diplomatic efforts and dialogue with Russia. She emphasized that the EU should increase its engagement and not rely solely on other global leaders for communication with Moscow.

Porsche Reportedly Plans to Cut 4,000 More Jobs
Businessfazder-standardorf+1iefimerida1mo ago4 sources

Porsche Reportedly Plans to Cut 4,000 More Jobs

According to media reports, Porsche is considering cutting an additional 4,000 jobs. This potential move follows previous reports of job reductions at the German luxury car manufacturer.

EU Considers Google Fine, Addresses Trade, Migration, and Agricultural Fraud
BusinessReutersbloombergNYT+26FTnzzfazlsm-lvder-standardirozhlastvn24die-presse+18 more2mo ago29 sources

EU Considers Google Fine, Addresses Trade, Migration, and Agricultural Fraud

The European Union is reportedly planning a significant fine against Google, while also addressing issues such as agricultural subsidy fraud, reviewing free trade agreements, and discussing responses to industrial policies and migration challenges.

Canadian AI Firm Cohere Acquires Germany's Aleph Alpha
TechnologyReutersNYTFT+6cnbcfazdie-pressechannel-news-asiabalkan-webseeking-alpha3mo ago9 sources

Canadian AI Firm Cohere Acquires Germany's Aleph Alpha

Canadian artificial intelligence startup Cohere has acquired German AI company Aleph Alpha in a significant transatlantic deal. This acquisition aims to expand Cohere's presence in Europe and strengthen its position in the global AI market.