Finance news

EU budget: Berlin wants drastic cuts in EU financial planning

The Chancellor sharply criticizes the planned EU financial framework. Berlin is demanding cuts of 400 billion euros.

11d06/30⚠ war-conflict · 3/5

+++ Ukraine War +++: Ukraine attacks satellite communications near Moscow

EU pays Ukraine billions for drone procurement +++ Russia wants to import fuel due to bottlenecks +++ Ten dead in Russian attacks +++ The news blog.

◇ unclassifiedgermany · europe · russia

EU: Berlin apparently wants a drastic reduction in EU financial planning – “400 billion less”

In a government paper, Germany names for the first time an order of magnitude for the targeted EU budget. This is significantly lower in the Commission's proposal.

11d06/30⚠ war-conflict · 2/5

Corona reconstruction fund: A lot spent, little achieved: Italy's balance sheet of the EU billions

The call rate is high, but growth is stagnating. Economists warn: Italy could be more indebted after the Corona funding ends - without having corrected structural weaknesses.

◇ unclassifiedgermany · europe · uk

11d06/30⚠ war-conflict · 2/5

EU seeks ‘tangible results’ on China trade deficit by October

The European Union set an October deadline for “tangible results” in tackling its growing trade deficit with China, after the two sides held talks in Brussels in an attempt to avoid a trade war. “Not everything will be solved, not everything will be fixed, but we think that between now and October, our teams have sufficient time to deliver the tangible results,” EU trade chief Maros Sefcovic told reporters on Monday, according to Bloomberg News. He spoke after “intensive, focused and...

◇ unclassifiedchina · asia · europe

◇ unclassifiedgermany · europe · russia

Icebreaking tankers: One of Denmark's richest families keeps Putin's LNG fleet in good shape

The EU will soon close the last loophole for Russian gas imports. Then a lucrative business ends for the Danish Fayard shipyard - which it maintains until the end.

11d06/30⚠ war-conflict · 3/5

Online trading: Packages are now becoming more expensive

In the EU, customs rules will change on July 1st. Anyone who orders goods from China or the USA will have to pay more in the future. This is just the beginning.

◇ unclassifiedgermany · europe · usa

◇ unclassifiedchina · asia · europe

China-EU joint statement on trade

China and the European Union released a joint statement on Monday following talks between China’s Minister of Commerce, Wang Wentao, and the EU’s trade chief, Maros Sefcovic, in Brussels. During the meeting, the two sides agreed to establish a joint platform to monitor trade flows and to set up working groups to ease bilateral economic tensions. EU-China Joint Statement by scmp

Social◇ unclassifiedeurope · germany

Most property deals in Europe are being signed with the wrong e-signature. Here's what that means.

In Austria, Germany, and most of the EU, high-value transactions like property deals require the highest level of legal certainty. That means QES — qualified electronic signature. Most people sign with SES or AES because that's what their tool does by default. It looks valid. It feels valid. But if the deal is ever challenged in court, the signature is the first thing that gets tested. QES is the only type that's legally equivalent to a handwritten signature under EU law. Worth knowing before yo

◇ unclassifiedgermany · europe · china

Purchasing Managers' Index: “Surprise for the markets”: Export boom drives China's economy in June

The Purchasing Managers' Index PMI rose surprisingly. But the recovery is volatile: trade conflicts with the EU and geopolitical risks make China vulnerable to external influences.

11d06/29⚠ sanctions · 2/5

Trade: EU and China start trade talks – “Results by October”

The EU wants to persuade China to make concessions in the trade dispute with the prospect of a free trade agreement. Progress on market access and export controls should be made by autumn.

◇ unclassifiedgermany · europe · china

11d06/29⚠ sanctions · 2/5

EU sets October deadline for ‘tangible results’ on China imbalances after key trade talks

In a bid to cool searing trade tensions, the European Union and China have launched a new ministerial-level platform for solving grievances, with Brussels insisting that disputes over trade imbalances, export controls and intellectual property must deliver “tangible results” by October. On Monday, in the middle of marathon talks in the Belgian capital, the sides issued a rare joint statement, in which they announced four initial workstreams, focused on trade and investment balancing, export...

◇ unclassifiedchina · asia · europe

11d06/29⚠ war-conflict · 3/5

EU wants results by October: deadline in the trade dispute

The eagerly awaited meeting between EU Trade Commissioner Šefčovič and his Chinese counterpart Wang is going better than expected. Šefčovič expects rapid progress.

◇ unclassifiedgermany · europe · uk

Nutrition: EU – names like “seitan steak” and “veggie chicken” are taboo

Many people choose vegan or vegetarian products in the supermarket. They will soon have to get used to new names.

Train traffic: state railway preferred? EU Commission criticizes Netherlands

The EU Commission sees indications that the Netherlands is giving priority to its state railway when tracks are overloaded. She calls for more fairness for other rail companies.

◇ unclassifiedgermany · europe · uk

Nutrition: EU: Names like “seitan steak” and “veggie chicken” are taboo

Many people choose vegan or vegetarian products in the supermarket. They will soon have to get used to new names.

Logistics: DHL does not fear import stops due to new customs rules in the EU

According to the group, cheap imports should continue to reach Germany. Orders should also still be possible. Packages without customs duties are returned to the senders

Social◇ unclassifiedeurope

Credible EU charities/nonprofits?

This may not be 100% personal finance related, but the same way I do monthly ETF and retirement account investments, I'd like to regularly donate money to a good cause. I'd like this thread to be a list of credible EU charity or non-profit orgs that accept donations, and to perhaps inspire people here. What are some credible, transparent, heavily audited EU-based nonprofits that focus on issues such as environment, education, domestic abuse, healthcare (unusual diagnoses not covered by health in

Venezuela: Race against time – hope for survivors is dwindling

After the severe earthquakes, the humanitarian situation in Venezuela remains precarious. Aftershocks make the search difficult. Emergency services from the EU are already on site.

◇ unclassifiedgermany · europe · india

Digital violence: EU ban on sexualized deepfake AI gets the green light

Bikini pictures on X or fake nude pictures of stars: Sexualized deepfakes have already caused a lot of damage. The EU now wants to ban not just the act, but also the tool.

◇ unclassifiedgermany · europe · australia

Airbus: EU development bank puts three billion into Airbus

The European Investment Bank is intended to help finance the EU's priorities. The development bank is providing Airbus with more money than ever before to any company.

◇ unclassifiedmiddle-east · usa · europe

EU Secures Industry Deal to Grow Energy Storage Capacity

The European Commission executed a public-private cooperation agreement on energy storage that saw 22 member states commit to enabling the installation of 30-35 gigawatts of capacity over the next 2 years.

Economic situation: Spanish government raises growth forecast

Spain is growing faster than most other EU countries. The economy benefits from immigration and cheap energy. But inflation is also high.

◇ unclassifiedgermany · europe · usa

Business ticker: EU development bank grants Airbus a record three billion euro loan

British American Tobacco apparently wants to cut 9,000 jobs +++ Deko chain Depot closes 66 branches +++ Fewer visitors at the Eurobike bicycle trade fair +++ News in the company live blog.

◇ unclassifiedgermany · europe · australia

Aviation: Record sum: EU development bank invests three billion in Airbus

The European Investment Bank is intended to help finance EU priorities - such as security and defense. The development bank is providing Airbus with more money than ever before to any company.

12d06/29⚠ war-conflict · 1/5

France hunts for new EU taxes to fund €2T budget

Paris is looking for fresh levies on foreign companies (non EC) in order to reduce national contributions to the EC bloc’s budget. The main thing they want is to increase the EU budget to keep all the subsidies intact submitted by /u/Any-Original-6113 [link] [comments]

Social◇ unclassifiedeurope

12d06/29⚠ war-conflict · 3/5

Arms spending: Government investments are higher than they have been since 2000

Government investments rose more sharply last year than in 25 years. Why is this and why Germany is still below the EU average.

More money for defense: Highest increase since 2000: German state is investing more

In 2025, government investments in Germany will increase more than they have in 25 years. More money is flowing in one area in particular. Nevertheless, there is still some catching up to do compared to the EU.

◇ unclassifiedgermany · europe · usa

Diplomacy: Wadephul sets off for South America - stopover in the USA

Since May, the EU and four South American countries have formed a huge free trade zone. The Federal Foreign Minister is now visiting the region. But before that he has another important conversation.