On Monday, Annalena Baerbock will travel to Kiev, and in the evening, she will continue on to Moscow. The circumstances of the visit could scarcely be more difficult: The German foreign minister can hardly meet the demands of her Ukrainian hosts for arms deliveries and a halt to Nord Stream 2 – the former out […]
In view of the conflict with Russia over Ukraine, the US government has explored contingency plans for gas supplies to Europe with energy companies, according to insiders. Representatives of the State Department have spoken with the companies about capacities for higher delivery volumes in the event that Russian gas deliveries are interrupted, industry and government […]
Under the old German government, the Conference on the Future of Europe was seen as a playground for Europe enthusiasts, taken seriously by no one except (perhaps) Emmanuel Macron. That is just changing with the traffic light government.Annalena Baerbock took an hour and a half on Sunday at noon to listen to the proposals of […]
Thierry Breton is stepping up the pace. The European Commissioner for Internal Market wants to present the proposal for a European Chips Act “in a few weeks”, according to sources close to him. The responsible staff members in his cabinet and the Directorates-General involved are currently working almost around the clock, according to the Commission, […]
The EU Commission has blocked the planned takeover of Daewoo Shipbuilding by Hyundai Heavy Industries. The merger of the two South Korean companies would have created “a dominant position on the world market for the construction of large liquefied natural gas tankers, on which European transport companies depend,” said Commissioner for Competition Margrethe Vestager, explaining the decision. […]
Electricity and gas prices are rising all over Europe. But in the search for the causes, people abroad are following different tracks than in Berlin.In London on Wednesday, the head of the International Energy Agency listed why, in his opinion, the trail leads to Russia: Gazprom was delivering less than usual to Europe despite high […]
Russia is exacerbating the energy crisis in the EU, according to the head of the International Energy Agency (IEA). “In terms of European gas … we believe there are strong elements of the tightness in European gas markets due to Russia’s behavior,” Fatih Birol told reporters on Wednesday. “Today’s low Russian gas flows to Europe […]
It is not often that delegated acts get caught up in the mills of big politics. In the case of the supplementary legal act to the Taxonomy Regulation, that is exactly what has happened. The EU Commission has now extended the deadline until January 21st for member states and experts to comment on its draft. […]
The President of the European Parliament, David Sassoli, cannot perform his official duties until further notice. The 65-year-old has been in hospital in Italy since December 26th due to a “serious complication in the course of a malfunction of the immune system,” his spokesman announced. Sassoli had already been struggling with health problems before: He […]
Fraud involving cryptocurrencies reached record levels last year, according to a study. However, the total traded volume of cyber-forex also increased massively. According to market research firm Chainalysis, $14 billion worth of cryptocurrencies were misappropriated in criminal activity in 2021. That’s 80 percent more than the year before and more than ever before. Total crypto […]