“Car nation” Germany has surprised neighbours with a radical proposal to reduce road traffic by making public transport free, as Berlin scrambles to meet EU air pollution targets and avoid big fines. The move comes just over two years after Volkswagen’s devastating “dieselgate” emissions cheating scandal unleashed a wave of anger at the auto industry, a… (more…)

Germany eyes free transport to banish air pollution

“Car nation” Germany has surprised neighbours with a radical proposal to reduce road traffic by making public transport free, as Berlin scrambles to meet EU air pollution targets and avoid big fines. The move comes just over two years after Volkswagen’s devastating “dieselgate” emissions cheating scandal unleashed a wave of anger at the auto industry, a… Read more

Norwegians say: ‘No thanks, Mr President!’ to immigration welcome

Donald Trump may prefer immigrants from Norway rather than from what he reportedly called ‘shithole’ countries such as Haiti or those in Africa. But people in the Nordic nation – last year named the happiest place on earth – have no desire to move to the US, according to a report on Norwegian national TV. “Absolutely… Read more

Brexit trade deal can help UK growth: IMF’s Lagarde

Britain’s tepid growth can improve along with other advanced economies should a positive trade deal over Brexit be agreed with the European Union, IMF chief Christine Lagarde said Wednesday. “The more the UK economy will be open to trade in general, the EU included, the more likely that productivity will go up and growth will increase,”… Read more

A Gangster Place in the Sun: How Spain’s Fight Against the Mob Revealed Russian Power Networks

Among the wealthy sophisticates who came and went from their seaside villas on the Spanish island of Mallorca, there was something that didn’t quite fit about the Russian who lived in a neoclassical mansion on the Avenida Portals Vells. Tall and powerfully built, with a flattened nose and graying, short-cropped hair, he looked more like an… Read more

Bank of England hikes interest rate for first time in 10 years

The Bank of England on Thursday raised its main interest rate for the first time since 2007, or before the global financial crisis, as it tackles Brexit-fuelled inflation. Policymakers voted 7-2 to tighten borrowing costs to 0.50 percent from a record low of 0.25 percent, as a weak pound caused by Brexit uncertainty has hiked the… Read more

UK steps up Brexit preparations with thousands of new staff

The British government said Tuesday it expects to have hired up to 8,000 new staff by next year as it steps up preparations for leaving the European Union — with or without an exit agreement. At a cabinet meeting on Tuesday, Brexit minister David Davis told colleagues that “preparatory work has seen a significant acceleration in… Read more

Paris wants to phase out diesel cars by 2024

Paris city authorities said Thursday they aimed to phase out the use of diesel cars by the time the French capital hosts the Olympics in 2024, and petrol cars by 2030. Mayor Anne Hidalgo’s office said the goals — which are more ambitious time-wise than a government plan to end sales of petrol and diesel vehicles… Read more

Company exodus from Catalonia

The effects of the referendum in Catalonia are beginning to be felt away from the protests on the streets. Some of Spain’s largest companies are now debating whether to move their headquarters away from the region resulting from fears of an unstable business environment. Losing Catalonia is almost unthinkable for the Spanish government. It would deprive… Read more

German unemployment hits surprise record low

Unemployment in Germany hit a surprise new low in September, official data showed Friday, the latest in a string of sunny indicators as the upswing continues in Europe’s top economy. The rate of people out of work fell to 5.6 percent this month, the Federal Labour Agency said, while analysts had expected the figure to hold… Read more

EU parliament may deny access to Monsanto

The European Parliament has been asked by its political leaders to deny access to executives and lobbyists for US agro-chemicals giant Monsanto, a parliament spokesman said Friday. The leaders of the parliament’s political groups issued the appeal after the firm turned down an invitation to a hearing over claims Monsanto influenced scientific research on the safety… Read more

Battling to thwart diesel bans, Merkel throws in the cash

Chancellor Angela Merkel on Monday pledged a billion euros to help German cities fight air pollution caused by dirty diesel cars, as a scandal strangling the automobile industry threatened to engulf politicians at the height of an election campaign. Merkel said she was doubling financial aid to cities from a previously announced 500 million euros ($600… Read more

France – France to sell off state assets

France is to sell off state assets to help raise billions of euros to finance innovation, Prime Minister Edouard Philippe said Sunday, confirming Economy Minister Bruno Le Maire’s declaration … The government will sell off some state assets, Philippe said in a radio interview on Sunday, but not necessarily 100 percent ownership of companies that are… Read more

Here Are 3 Swedish Fintech Startups To Watch

The Swedes have a dubious reputation for being better than Americans at pretty much everything but canned cheese consumption. Swedish economic policy and government efficiency are world renown. Sure, Silicon Valley is still home to PayPal and Coinbase. But Sweden is fostering several fintech game-changers of its own. The Swedish startup Klarna made waves this summer… Read more

Chinese visitors bring new pressures to cities in UK

The University of Cambridge has become a popular tourism destination for Chinese people.[Photo by Tan Xi/For China Daily] Tourism provides 2.8 percent of the UK’s gross domestic product. But some smaller cities are beginning to feel overwhelmed by the number of tourists, and that the costs are beginning to outweigh the benefits. Cities such as Oxford… Read more

Many US scientists answer France’s call to come ‘make our planet great again’

The rap on Washington and the Trump administration these days is that nothing is getting done. Well, tell that to anyone concerned about the climate crisis. Sure, most of President Donald Trump’s legislative initiatives have gone nowhere in Congress. But Trump is delivering big time on his promises to gut the federal government’s efforts to fight… Read more

France ‘plants’ Europe’s first eTree

A solar tree with giant square leaves that converts sunlight into electricity was unveiled in the central French town of Nevers on Monday, allowing passers-by to charge their phones, surf the … Nevers, a town of 37,000 on the Loire river, is the first in Europe to experiment with the technology developed by Sol-logic, a French-Israeli… Read more

VW teams up with JAC to make electric cars

Visitors watch cars on display at a booth of JAC Motors in Shanghai, April 20, 2017. [Photo/VCG] HEFEI – A joint venture between Volkswagen China and Anhui Jianghuai Automobile (JAC Motors) to make electric cars has been approved by Chinese authorities. JAC Motors said Monday that the venture, with a total investment of 5 billion yuan… Read more

Emmanuel Macron: France’s youngest president

Emmanuel Macron graduated from one of the world’s most prestigous public administration universities. He later worked as an investment banker at Rothschild. Aged 29, he married a French high school teacher twenty-four years his senior. Her eldest daughter had been Macron’s classmate. In 2014, Emmanuel Macron was appointed France’s economy minister under François Hollande. Macron promoted… Read more

Eurozone business activity at a six-year high

There has been more positive news on the eurozone’s economic recovery as we learned that the region’s businesses are racing ahead. Manufacturing and services companies said they increased activity at the fastest rate in six years in April. Surveys of thousands of firms suggest a broad based and sustainable recovery. Survey compiler IHS Markit said the… Read more

Towards a green jean

A survivor of numerous fashion fads over the years, and despite heavy competition, the humble denim is here to stay. Eighty-four exhibitors from 19 countries gathered at Denim PremiereVision in Paris, an event that represents the sector internationally. R-Evolution was the theme to showcase new areas in fashion inspiration, innovation and technology, to help create green… Read more

Spain’s economic growth continues apace

Spain’s economy continues to turn in strong growth, making it one of the fastest-expanding in Europe. Preliminary figures from the national statistics institute show gross domestic product rose by 0.8 percent in the first three months of this year from the previous quarter. It was Spain’s 14th consecutive quarter of growth. The Madrid government has said… Read more

Responsible Business Trends 2017 – Complimentary Snapshot Report

As part of Ethical Corporation’s annual Responsible Business Trends 2017 Report we reached out approximately 2,500 global business executives to get an understanding of the top sustainability trends and issues for 2017. This snapshot highlights some key findings from our community based in Europe. Click here to download your complimentary copy Some key findings are: The… Read more

Denmark Rids Itself of Foreign Debt For First Time in 183 Years

After Denmark pays off the final installment of a $1.5 billion loan to the United States today, it will be the first time the nation will have been without foreign currency debts since 1834. style=”display:inline-block;width:300px;height:250px” data-ad-client=”ca-pub-8420654331411867″ data-ad-slot=”1313712966″> Though the country still carries domestic debt, the improved national economy and fixed exchange rate policy makes for a… Read more