State aid: Commission opens investigation into proposed public support for Peugeot plant in Spain

This article is brought to you in association with the European Commission. The European Commission has opened an in-depth investigation to assess whether Spain’s plan to grant €20.7 million of public support to PSA for investing in its existing car plant in Vigo (Spain) is in line with EU rules on regional State aid. Commissioner Margrethe […]

Europe split in confronting the US sanctions on Iran, Washington isolated

Donald Trump, the ‘America First’ President in withdrawing from the Iranian nuclear non-proliferation deal, doesn’t seem to be honoring his lead electoral motto. It seems that he is serving more the interests of Saudi Arabia and to a lesser extent of Israel. Riyadh has much at stake in its inimical interaction with Iran. Israel on […]

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 […]