germany
The German Chancellor Olaf Scholz and the French President Emmanuel Macron showed their joint support for Ukraine during a Franco-German defence and security council in Meseberg on Tuesday. Whilst Chancellor Scholz had previously been firm on Ukraine not using Western weapons to strike Russian targets, he made a step in the direction of Macron, on the third and last day of the French president's historic state visit to Germany. Both leaders put their disagreements aside and compromised on the divisive subject of EU defence. The German chancellor was also more open in terms of military aid to U...
Euronews (English)
If you’ve been thinking about relocating to Germany, this new work permit might be for you. Germany is seeking more skilled workers and has introduced a new way for qualified foreign nationals to move to the country. Called the Opportunity Card, it allows non-EU citizens to come to Germany for a year in order to search for a job. Here’s who is eligible and how the card works. There’s a new way for foreign workers to move to GermanyThe idea for the Chancenkarte, which translates as Opportunity Card, was first floated in 2022 as a way to make it easier for foreign workers to find employment in G...
Euronews (English)
Haribo is in talks with officials in the German city of Neuss regarding the purchase of a 14-hectare site where it hopes to build a new plant. The factory is intended to replace a Haribo facility already in the area, said operations head Markus Riegelein, interviewed by Handelsblatt. The new factory will be twice as big as the previous one, which cannot be expanded at the current location. Speaking of the present facilities, Riegelein remarked: "We cannot meet demand." Haribo is planning to invest €300 million in the new factory, with construction expected to start in 2025, and production earm...
Euronews (English)
French President Emmanuel Macron urged voters and leaders across Europe to "wake up" and fight against the growing influence of far-right parties. On the second day of his state visit to Germany on Monday, he told a crowd in Dresden, "This ill wind is blowing across Europe, it's a reality. So let's wake up!" The French leader also emphasised the strong ties between the European Union's longstanding powers, France and Germanyahead of European elections in which far-right parties in both countries hope for gains. Underlining the growing fascination with authoritarian regimes in Europe, Macron cr...
Euronews (English)
Porsche AG (P911) share price is in deep trouble and the situation could worsen in the coming weeks as its electric vehicle (EV) business slows. The stock crashed to a low of €76 on Monday, its lowest swing since January 26th. It has plunged by over 36% from its highest point on record. Porsche’s China woesPorsche’s stock has imploded as the company has reported weak financial results. Its total sales crashed frm €10.09 billion in Q1’23 to over €9.0 billion in Q1’24. Its battery electric vehicles segment’s revenue tumbled from over €11.4 billion to over €5.7 billion in Q1’24. Porsche’s profits...
Invezz
Self-described left-wing conservative politician Sahra Wagenknecht splintered off from the German Die Linke party last year to form her own. The Sahra Wagenknecht Alliance — Reason and Justice (BSW) and its pledge to stop weapon deliveries into Ukraine now promise to split the AfD vote, potentially winning seven seats in the Europan elections in June. A former MEP and Bundestag deputy since 2009, Wagenknecht also advocates for raising the minimum wage to €15 per hour and wants to water down climate change policies. Many see the party as a good alternative to the far-right parties that threaten...
Euronews (English)
European Commission President Ursula von der Leyen on Monday called for Europe to make the most of digitalization. On a visit to the Hasso Plattner Institute (HPI) in the city of Potsdam just outside Berlin, von der Leyen said the European Union is working to deliver legislation on digitalization and the responsible use of artificial intelligence (AI). Under the 2022 Digital Services Act, large online platforms are held responsible for the content they distribute in the EU. The law enables small businesses to compete against their larger rivals, von der Leyen said, as well as encouraging innov...
DPA International
European Commission President Ursula von der Leyen on Monday called for Europe to make the most of digitalization. On a visit to the Hasso Plattner Institute (HPI) in the city of Potsdam just outside Berlin, von der Leyen said the European Union is working to deliver legislation on digitalization and the responsible use of artificial intelligence (AI). Under the 2022 Digital Services Act, large online platforms are held responsible for the content they distribute in the EU. The law enables small businesses to compete against their larger rivals, von der Leyen said, as well as encouraging innov...
DPA
Jens Stoltenberg has urged NATO states to reconsider limits on sending certain weapons to Ukraine. "It is for allies to decide on restrictions on the weapons they deliver to Ukraine. That is not a NATO decision, it is a decision made by individual allies," said the NATO Secretary-General on Monday in Bulgaria. "My message is that I think the time has come to consider some of these restrictions.” The issue of sending some forms of military support to Ukraine as it battles the Russian invasion is controversial. Some states are reluctant to provide Kyiv with longer-range, more powerful arms that ...
Euronews (English)
European Commission President Ursula von der Leyen on Monday called for Europe to make the most of digitalization. On a visit to the Hasso Plattner Institute (HPI) in the city of Potsdam just outside Berlin, von der Leyen said the European Union is working to deliver legislation on digitalization and the responsible use of artificial intelligence (AI). Under the 2022 Digital Services Act, large online platforms are held responsible for the content they distribute in the EU. The law enables small businesses to compete against their larger rivals, von der Leyen said, as well as encouraging innov...
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