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.
Greek business circles are reportedly viewing the coming months with increasing nervousness, considering political uncertainty ahead of parliamentary elections as the biggest risk, according to German financial newspaper Handelsblatt.
Handelsblatt reports that Mercedes-Benz's expansion in Kecskemét, Hungary, where it will become the largest plant in Europe, reveals concerning trends for the future of German industry, including more work for less pay.
Germany's 2027 budget draft has been finalized, according to Handelsblatt, citing sources that German Finance Minister Lars Klingbeil reached an agreement.
By January 2027, Holtzbrinck will consolidate its media brands, including Handelsblatt Media Group, Tagesspiegel Verlag, and Holding Dieter von Holtzbrinck Medien, under a new entity called Mediengruppe Holtzbrinck Media.
The German newspaper 'Handelsblatt' has lauded Greek Deputy Prime Minister Kostis Hatzidakis as the 'architect of reforms' in Greece, in an article discussing the Greek economy.
According to Handelsblatt, Viktor Orbán is employing various tactics, potentially with Russian assistance, to retain power as pollsters predict a defeat for his Fidesz party in an upcoming election seen as a referendum on the prime minister.
Yannis Stournaras, in an interview with Handelsblatt, stated that foreign banks are welcome to participate in Greek banking institutions. This signals an open invitation for international investment in the Greek financial sector.
Ola Källenius, CEO of Mercedes-Benz, echoed concerns about the high costs of investing in Germany, suggesting that foreign locations like Hungary are more attractive for investment, reinforcing a recent Handelsblatt report.
According to Handelsblatt, Hungary is emerging as a significant production hub for German automakers, with Mercedes' largest European factory set to be located in Kecskemét. This development signals a strategic shift in European automotive manufacturing.
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.
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.
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.
Germany's military has decided to forgo using Palantir's technology for the time being, according to the country's cyber chief speaking to Handelsblatt.
Germany is reportedly considering taking full state control of the tank manufacturer KNDS, a move planned jointly with France, according to German government sources cited by Handelsblatt.
German financial newspaper Handelsblatt presents a positive view on Greece's efforts to reverse its brain drain, reporting that two-thirds of those who left during the economic crisis have now returned.
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.
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.
The German newspaper Handelsblatt published a positive report on the Greek economy and the role of Deputy Prime Minister Kostis Hatzidakis, calling him an "architect of reforms," following his visit to Berlin.
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.
The German newspaper Handelsblatt reports on potential scenarios for deploying a NATO naval mission to the Strait of Hormuz. The discussion underscores the region's critical importance for global energy security.
BMW is reportedly in discussions with the European Union to secure a tariff exemption for its Mini vehicles manufactured in China, as reported by Handelsblatt.