The European Sting is Your democratic, independent and top quality political newspaper specialized in European Union News. Unique Features: iSting & Harry Sting
Nobody in Germany doubts it any more that Donald Trump’s America is not a friendly country and market any more, or a guarantor of European security, as was the case for the last 70 years after WWII. To ward off any confusion about that, the German ambassador to the US made a clear statement. Peter […]
Finally, Trump did it. He declared war against his country’s closest and more loyal allies Canada, the European Union and Mexico. In the case of the EU though, things may be more complicated than the super tariffs on steel and aluminum products of 25% and 10% respectively, imposed as from 1 June by the US […]
As in VW’s diesel engines emissions scandal, in the case of Estonia’s half banking system working as mafia’s financiers, it was the Americans to unveil the wrongdoings. Is it by chance or the Europeans are looking the other way, when it comes to their own dirty laundry? Those calculated frame ups are not only meant […]
Last Friday, President Donald Trump again surprised the world by imposing new import tariffs on Chinese products of a value of $60 billion and deferring the imposition of import super levies on European Union steel and aluminum for 1st May. In the latter case he also postponed the new tariffs for another six exporting countries […]
It was last Thursday when the European Parliament together with the Council and the Commission agreed to enhance the car testing system by providing extra checks to the cars that are or will be placed in the market based on the proposal of the European Commission made on January 2016. Despite the fact that this […]
It was last Monday when the EU ministers gathered in Brussels to draft new rules to prevent future emissions cheating from the automotive companies after the VW emissions scandal. The Council of Ministers from 28 countries proposed rules for cutting down the national authorities’ power giving at the same time the ability to the European […]
Volkswagen, the giant German automaker, has pleaded guilty to criminal charges in a Detroit federal court last Friday to conspiracy to defraud the U.S., commit wire fraud, and violate the Clean Air Act, obstruction of justice and import violations. However, VW still denies compensating European car owners arguing that a ‘technical fix’ can make cars […]
Last Monday, the US prosecutors held Volkswagen executive Oliver Schmidt, charging him with plotting to deceive the United States, over VW diesel emission scandal. He is to appear today in the U.S. District Court in Miami in a hearing before a U.S. Magistrate Judge. The VW employee was shown shackled and wearing a jail outfit. […]
This article was exclusively written for the Sting by Mrs Monique Goyens, the Director General of The European Consumer Organisation (BEUC) At the end of June, Volkswagen car drivers in the US heard that the car company had agreed to provide compensation payments of up to $10,000 to each driver and promised to buy back the […]
European governments and officials seem incompetent to protect on the one hand their car consumers and on the other the environment, despite the crucial role Europe played in the climate change agreement that was signed last December in Paris. VW’s diesel emissions scandal has revealed so far that the multinational framework in Europe is much more beneficial for […]
More than two months have passed since the Volkswagen emissions scandal broke out and the company is still under thorough investigation revealing that many more vehicles are affected by the cheating software and the firm’s fraudulent techniques. Last Monday, the Volkswagen (VW) chief executive officer Matthias Müller stated in Wolfsburg, Germany that the majority of VW’s […]
Some multinationals (MNEs) such as FIAT and Starbucks have been overdoing it in the EU for quite some time now. The case of tax investigation of the aforementioned companies on whether they have paid the correct amount of corporate income tax or not is ongoing for over a year now. The Commissioner responsible for Competition, Mrs […]
The Volkswagen emissions scam exposed by the US authorities last week has more substance than the vast and varied financial, commercial and legal consequences wherever in the world the company is present. VW has a great weight in the German car universe with its 12 brand names (VW, Audi, Porsche, the Volkswagen trucks Scania and […]
Remember the time you bought a new car. You normally visited it at the showroom, took it for a test drive, read the fuel consumption. Those three factors, together of course with the price of the vehicle, formed your purchase decision and selection between competition. Well, it seems that you can count on the showroom visit […]
The European Commission (EC) decided two days ago to conduct an investigation which will focus on the tax affairs of Apple, Starbucks and Fiat Finance and Trade in Ireland, the Netherlands and Luxembourg respectively. Basically, EC’s purpose is to examine if the tax authorities of the aforementioned countries are in line with the rules of […]
With a $ 4.35 billion deal, FIAT Group took full control of Chrysler in January 2014 and announced the soon-to-be created FCA, the FIAT Chrysler Automobiles holding company. Thanks to a huge PR campaign, the news shook the markets and generated a shy optimism all around. In such a weak economic situation, the birth of […]
That the German automotive industry is one of the strongest in the world is not news. Most Europeans are rather content in the idea that Europe is well represented in the fierce global automotive arena, not because we are or will ever be shareholders of Mercedes or Volkswagen, but rather because when we see an […]
How many of you took your stunning black Audi A6 3.0 liter for a ride on the evening of the 11th of April? Do you remember the moment you switched on the LED driving lights and you felt an unprecedented bliss thinking that you are not only rich but you are also protecting the environment? […]
The European Automobile Manufacturers’ Association (ACEA), had expressed reserves over the EU Council and Commission initiative to start negotiations with Japan in order the two sides to conclude a far reaching Free Trade Agreement (FTA). ACEA was founded in 1991 and represents authentically the interests of the fifteen major European car, truck and bus manufacturers […]
It was the last day of February when the European Commission decided to organize a pompous event to test the “amazing” performance of a new electric race car in the Formula 1 Circuit de Catalunya in Barcelona. Its name is Volar-e and I am sure Antonio Tajani, the Commissioner responsible for Industry and Entrepreneurship that […]
That the German cars are gas guzzlers is a fact beyond reasonable doubt, not because they are badly engineered, that they are not, but simply because they are usually powered by engines of many thousands of cm2 cylinders. Those powerful Mercedes, BMWs, Porsches, Audis and even Volkswagens produce hundreds of PSIs, but at the same time they […]
Motor vehicles have being for decades the easy target of many forms of taxation, especially in post WWII Western Europe. Taxes on acquisition, on ownership, on motoring, on licences are but a few. The initial idea behind, in the minds of politicians who supported the imposition of taxes on cars, was that private ownership of […]
Out of the fourteen altogether topics that the European Union policies and rules cover, the huge automotive sector is affected directly or indirectly by nine of them. Let’s count: Business, Economy-finance-competition, Employment, Energy and natural resources, Environment-consumers-health, External relations and foreign affairs, Regions and local development, Sciences and technology, Transport and travel. The car industry and markets […]
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