Search Results for: Germany

California’s economy may surpass Germany’s, but what’s beneath the numbers?

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: John Letzing, Digital Editor, Strategic Intelligence, World Economic Forum “The future always looks good in a golden land,” one of California’s most clear-eyed chroniclers wrote, “because no one remembers the past.” I lived a large chunk of my […]

Germany’s €9 transit ticket cuts 1.8 million tonnes of CO2

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Spencer Feingold, Digital Editor, Public Engagement, World Economic Forum For three months, Germany has been offering ultracheap monthly tickets for all local trains, metros, trams and buses. The scheme was introduced in an effort to encourage the use […]

EU Cohesion Policy: €2.5 billion for a just climate transition in Germany

This article is brought to you in association with the European Commission. Today the German Länder North Rhine-Westphalia, Brandenburg, Saxony and Saxony Anhalt launch the Just Transition Fund (JTF) programming to support their fair transition to a green economy. Germany committed to 65% less CO2 emissions by 2030 and climate neutrality by 2045. The country’s commitment […]

EU cohesion policy: Commission adopts €20 billion Partnership Agreement with Germany for 2021-2027 

This article is brought to you in association with the European Commission. The Commission adopted today its Partnership Agreement with Germany, laying down Germany’s investment strategy for more than €20 billion in cohesion funding for the period 2021-2027. The cohesion funds will continue to support German regions in promoting economic, social and territorial cohesion, supporting key […]

Bend It Like Scholz: Can Germany show the way to heal the EU-China relations?

That the EU-China relations have been facing challenges is not news. Lately we have been witnessing a change of course in the EU’s stance towards its biggest trade partner. Just a couple of years ago the EU started this turmoil by calling China “systemic rival” while the European Parliament froze the Comprehensive Investment Agreement (CAI). […]

Antitrust: Commission confirms unannounced inspections in the natural gas sector in Germany

This article is brought to you in association with the European Commission. On 29 March 2022, the European Commission carried out unannounced inspections at the premises of several companies in Germany active in the supply, transmission and storage of natural gas. The Commission has concerns that the inspected companies may have violated EU competition rules that […]

Statement from the Commission on clarifications discussed with Germany regarding investment protection in the context of the CETA agreement

This article is brought to you in association with the European Commission. The EU and Canada are trusted and like-minded partners that share the same goals when it comes to promoting open, sustainable and fair trade. Our EU-Canada Comprehensive Economic and Trade Agreement (CETA) aims to support our common objective of climate protection. In this context, […]

NextGenerationEU: European Commission disburses €2.25 billion in pre-financing to Germany

This article is brought to you in association with the European Commission. The European Commission has today disbursed €2.25 billion to Germany in pre-financing, equivalent to 9% of the country’s financial allocation under the Recovery and Resilience Facility (RRF). This corresponds to the pre-financing amount requested by Germany in its recovery and resilience plan. The pre-financing […]

France, Germany, UK, US and EU launch ground-breaking International Just Energy Transition Partnership with South Africa

This article is brought to you in association with the European Commission. The governments of South Africa, France, Germany, the United Kingdom and the United States of America, along with the European Union, have today announced a new ambitious, long-term Just Energy Transition Partnership to support South Africa’s decarbonisation efforts. The Partnership aims to accelerate the […]

Recovery and Resilience Facility: Germany and Greece submit official recovery and resilience plans

This article is brought to you in association with the European Commission. The Commission has received official recovery and resilience plans from Germany and Greece. These plans set out the reforms and public investment projects that each Member State plans to implement with the support of the Recovery and Resilience Facility (RRF). The RRF is the […]

Global Gateway: EU and Togo strengthen partnership in sustainable agribusiness, energy and connectivity

This article is brought to you in association with the European Commission. As part of Global Gateway, the EU is announcing a new contribution of €70 million for two Team Europe Initiatives (TEIs) to boost agri-businesses, energy and connectivity in Togo in line with the country’s 2025-development plan, in partnership with France and Germany and the […]

Commission approves Hitachi Rail’s acquisition of Thales’ ground transportation business, subject to conditions

This article is brought to you in association with the European Commission. The European Commission has approved, under the EU Merger Regulation, the proposed acquisition of Thales’ ground transportation business (‘GTS’) by Hitachi Rail. The approval is conditional on full compliance with commitments offered by Hitachi Rail. Hitachi Rail and Thales GTS are leading suppliers of […]

The world’s best countries for remote working

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Victoria Masterson, Senior Writer, Forum Agenda The Global Remote Work Index 2023 ranks 108 countries on their quality as remote working destinations. Denmark, the Netherlands and Germany are the top three countries for remote working. In the World […]

State aid: Commission approves €6.5 billion German scheme to address carbon leakage risk for energy-intensive companies resulting from national fuel emission trading system

This article is brought to you in association with the European Commission. The European Commission has approved, under EU State aid rules, a €6.5 billion German scheme to partially compensate energy-intensive companies to address the risk of carbon leakage from higher fuel prices resulting from the German fuel emission trading system (‘German fuel ETS’). The German […]

Team Europe and African partners launch four initiatives to strengthen health systems and social protection in Africa

This article is brought to you in association with the European Commission. Three health Team Europe Initiatives (TEIs) were launched today during the high-level event on the European Union (EU) – African Union (AU) partnership on Global Health for equitable access, in Brussels. The TEIs will strengthen health security, support Public Health Institutes in Africa, and boost […]

Climate economy models not fit for purpose, critics say – and other economy stories to read this week

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Rebecca Geldard, Senior Writer, Forum Agenda This weekly round-up brings you the latest stories from the world of economics and finance. Top economy stories: Climate economy models under scrutiny ahead of COP28; Germany postpones budget talks, suspends ‘debt […]

Bank of England halts interest rate rises and other economics stories to read this week

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Joe Myers, Writer, Forum Agenda 1. Bank of England halts interest rate rises The Bank of England has brought an end to its run of interest rate rises, holding rates steady for the first time since December 2021. […]

EU invests €6.2 billion in sustainable, safe and efficient transport infrastructure

This article is brought to you in association with the European Commission. The Commission has selected 107 transport infrastructure projects to receive over €6 billion in EU grants from the Connecting Europe Facility (CEF), the EU’s instrument for strategic investment in transport infrastructure. Over 80% of the funding will support projects that deliver a more efficient, […]

EU innovation performance continues to improve at the national and regional level

This article is brought to you in association with the European Commission. The 2023 edition of the European Innovation Scoreboard and the bi-yearly edition of the Regional Innovation Scoreboard published today showcase that, despite the recent crises, EU Member States and their regions keep improving their innovation performance. The European Innovation Scoreboard 2023 highlights a substantial […]

State aid: Commission opens in-depth investigation into compensation for early closure of lignite-fired power plants in Germany

This article is brought to you in association with the European Commission. The European Commission has opened an in-depth investigation to assess whether German plans to compensate lignite-fired power plants for phasing out earlier than foreseen are in line with EU State aid rules. Executive Vice-President Margrethe Vestager, in charge of competition policy, said: “The phase-out […]

Libya floods: EU releases €5.2 million and channels further civil protection assistance

This article is brought to you in association with the European Commission. As needs in Libya are dramatically rising, the EU is strengthening its support to the country by releasing €5.2 million in humanitarian funding. The funding will be channelled through EU humanitarian partners active in the country, enabling them to strengthen assistance with a focus […]

Seven countries to receive nearly €720 million in EU aid after natural disasters in 2021

This article is brought to you in association with the European Parliament. On Thursday, MEPs approved nearly €720 million in EU Solidarity Fund aid following natural disasters in seven EU countries in 2021. The €718.5 million in aid from the European Union Solidarity Fund (EUSF) will be distributed as follows: In relation to the catastrophic floods […]

Here are 3 innovative ways to manage the challenge of financing the energy transition in developing economies

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Ewan Thomson, Senior Writer, Forum Agenda Clean energy investment in emerging economies is vital for our global decarbonization efforts. But the poorest countries in the world cannot fund their energy transitions without significant international investment. Despite accounting for […]

State aid: Commission approves €2.98 billion German scheme to promote green district heating

This article is brought to you in association with the European Commission. / The European Commission has approved, under EU State aid rules, a €2.98 billion German scheme to promote green district heating based on renewable energy and waste heat. The measure will contribute to the implementation of Germany‘s National Energy and Climate Plan and to […]

Wildfires: EU doubles rescEU firefighting fleet for summer 2023

This article is brought to you in association with the European Commission. Following up on President von der Leyen’s State of the Union speech in September last year, Commissioner for Crisis Management Janez Lenarčič announced today the doubling of the rescEU aerial firefighting fleet for this year’s wildfire season while speaking at the 10th anniversary of […]

EU countries approve 2035 phaseout of CO2-emitting cars, and the other nature and climate news you need to read this week

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Johnny Wood Writer, Forum Agenda 1. EU countries approve 2035 phaseout of CO2-emitting cars European Union countries gave final approval on 28 March to a landmark law to end sales of new CO2-emitting cars in 2035, after Germany won […]

US parking in the spotlight and other city-focused stories you need to read now

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum./ Author: Lisa Chamberlain, Communication Lead, Urban Transformation, World Economic Forum, Jeff Merritt, Head of Urban Transformation; Member of the Executive Committee, World Economic Forum 1. US cities rethinking parking requirements California US congressman Rep. Robert Garcia has introduced a bill […]

Commission provides support for 124 researchers from Ukraine who fled the war

This article is brought to you in association with the European Commission. Today, the Commission officially announced the selection results of the MSCA4Ukraine initiative, which supports displaced researchers from Ukraine. 13 doctoral candidates and 111 postdoctoral researchers from Ukraine will be able to continue their work in EU Member States and countries associated to Horizon Europe. […]

China’s solar power capacity set for record growth. Here’s what you need to know about the global energy transition this week

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Roberto Bocca, Head of Shaping the Future of Energy and Materials; Member of the Executive Committee, World Economic Forum, Stefan Ellerbeck, Senior Writer, Formative Content 1. News in brief: Energy stories from around the world The global oil and […]

Equity suffers as countries pivot to energy security – plus other top energy stories this week

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Roberto Bocca, Head of the Centre for Energy and Materials, Member of the Executive Committee, World Economic Forum 1. Equity suffers as countries pivot to energy security – report Major emerging economies with high future energy demand have […]

Europe’s source of ‘energy security’ is facing headwinds. This is why 

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: John Letzing, Digital Editor, Strategic Intelligence, World Economic Forum The Nord Stream 1 gas pipeline normally provides much of Europe’s energy but it was recently throttled. This supply cut is seen as Russia’s response to sanctions applied following […]

OECD warning on government bond debt and other economic stories to read

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Kate Whiting, Senior Writer, Forum Agenda 1. OECD expects government bond debt to rise in 2024 The Organization for Economic Co-operation and Development (OECD) anticipates total government bond debt across its 38 member countries will climb to $56 […]

The EU and the International Partners Group announced a Just Energy Transition Partnership with Senegal combining climate and development goals

This article is brought to you in association with the European Commission. Today, on the occasion of the Summit for a New Global Financing Pact, which aims to build a new consensus for a more inclusive international financial system, Senegal and the international partners group (IPG) comprising France, Germany, the European Union, the United Kingdom and […]

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