Recent Posts

Berlin faces pressure to spend amid growing ‘economic risks’

Bloomberg Trade tensions and uncertainty surrounding Brexit are raising economic risks for the euro area, prompting France to urge Germany to loosen its purse strings to support growth. “It would be irresponsible not to examine the need for new investments in the euro zone,” French Finance Minister Bruno Le Maire said at an annual economic conference in Aix-en-Provence, in southern ...

Read More »

‘Orange CEO must quit if convicted in trial’

Bloomberg Orange SA Chief Executive Officer Stephane Richard will have to resign if he’s convicted next week on decade-old allegations of fraud, a top finance ministry official said. A Paris court will decide on July 9 whether Richard helped businessman Bernard Tapie cheat the government out of about 403 million euros ($455 million) in 2008, when he was chief of ...

Read More »

Heatwave shows Germany needs more action on climate: Merkel

Bloomberg The blistering heatwave that struck Germany and other parts of Europe last month shows the country needs to take further action to protect the environment, Chancellor Angela Merkel said in her weekly podcast. “Extreme weather events are becoming more common,” Merkel said. “Together we must react to the situation.” The increased use of renewable energy, along with efforts to ...

Read More »
Send this to a friend