The German Chemical Industry Association (VCI) has predicted that its business situation would further deteriorate in the second half of the year, due to weakening demand. “Hopes for a recovery will have to be postponed,” [Read More]
Finland has closed its borders to passenger cars registered in Russia. “In the future, only EU citizens permanently residing in Russia or their family members, diplomats or equivalent individuals, or people travelling for humanitarian reasons, [Read More]
Norway has pledged to provide 2.32 million U.S. dollars for life-saving assistance in Libya after the Mediterranean storm Daniel triggered the worst floods in decades in the eastern part of the country. “The funding from [Read More]
European stocks closed higher on Thursday after the bloc’s Central Bank (ECB) raised interest rates to 4.0 percent, but hinted this could be the last in a record-setting series of rate hikes. The European Central [Read More]
In August, the number of company insolvencies in Germany increased by 13.8 percent year-on-year as the country’s economy has entered a phase of stagnation, the Federal Statistical Office (Destatis) said citing provisional figures. In the [Read More]
Finland’s economy is expected to register a 0.5 percent contraction this year, according to a national economic forecast published by Pellervo Economic Research (PTT). The institute identifies the increase in interest rates as a contributing [Read More]
The Austrian government has announced that it would raise pensions by 9.7 percent next year due to high inflation in the country. The package, worth a total of 5.3 billion euros (5.7 billion U.S. dollars), [Read More]
Tunisian Interior Minister Kamel Feki and visiting Director General of Italian Civil Protection Fabrizio Curcio on Wednesday vowed to strengthen cooperation on natural disaster response and forest fire fighting. The Tunisian Interior Ministry said in [Read More]
The Czech Health Ministry on Monday recommended vaccination against COVID-19 this autumn, especially for those at higher risk of contracting the disease. Although the current epidemiological situation in the Czech Republic is stable, and there [Read More]
Citing the recent increase in COVID-19 infections, doctors in North Rhine-Westphalia, Germany’s most populous state, are urging the public to voluntarily wear face masks again to protect themselves and others. “As daily life moves more [Read More]
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