The widely advertised hazards of the EU not that ominous; the sting is financial woes

Last Monday, Deutsche Bank’s management surprised everybody quite negatively by asking its shareholders for an €8 billion capital injection. Only hours before that, the London Stock Exchange had almost terminated the long negotiated merger procedure with the Deutsche Börse, the German bourse in Frankfurt. The LSE directors rejected the terms set by the European Commission […]

How dearly will Germany pay for the Volkswagen emissions rigging scandal

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 […]