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The looming charging station shortage in the EU: A threat to the adoption of electric vehicles?

According to the European Automobile Manufacturers' Association (ACEA), the sale of electric vehicles (EVs) in the European Union (EU) is growing at a much...

German President Steinmeier Calls for Promotion of Digital Euro

German President Frank-Walter Steinmeier has urged the Bundesbank to better promote the benefits of the digital euro to consumers, emphasizing its "added privacy value"...

Economy: Porsche reports profit decline but remains optimistic

German automaker Porsche saw a significant 30% drop in operating profit in the first quarter of 2024 to €1.28 billion. This was due to...

The European Parliament has approved stricter rules against money laundering and terrorist financing

Strasbourg, 25 April 2024 – The European Parliament (EP) on Wednesday 24 April approved a package of legislative measures that strengthen EU's tools to...

Swiss National Bank reports record profit in Q1

Zurich, April 25, 2024 - The Swiss National Bank (SNB) announced a profit of nearly 59 billion Swiss francs (CHF) for the first quarter...

Deutsche Bank Q1 profit jumps 10% as investment bank outperforms

FRANKFURT, Germany (April 25, 2024) - Deutsche Bank today announced a 10% increase in net income for the first quarter of 2024, beating analysts'...

EU Banks Should Have More Flexibility: Scholz and Growing Calls for Reform

German Chancellor Olaf Scholz is calling for greater freedom for banks within the EU to move capital. The goal is to allow them to...

Renault Group reports slight Q1 sales increase

Paris, April 23, 2024 (TASR) - French automaker Renault sold 549,099 vehicles in the first quarter of 2024, generating revenue of €11.7 billion, an...

France Combats Shrinkflation: Products with Reduced Sizes Must Be Clearly Labeled

The French government is taking a stand against shrinkflation, the practice of reducing the size or weight of a product while maintaining its original...

Spain faces tourist revolt: Locals protest overcrowding, rising prices and environmental damage

Madrid, April 20 - An "anti-tourism" movement is gaining momentum in Spain, the world's second most visited country, forcing authorities to grapple with balancing...

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