Tag: europe

Focus on central banks: will ECB create havoc in Europe in 2023?

Focus on central banks: will ECB create havoc in Europe in 2023?

The ECB is expected to continue raising rates, although the terminal rate will likely stop at half the Fed's rate.
Europe announces another interesting hydrogen project

Europe announces another interesting hydrogen project

Spain, Portugal and France have agreed to build a pipeline to transport so-called green hydrogen from Barcelona to Marseille.
Rolls-Royce successfully tests its hydrogen jet engine

Rolls-Royce successfully tests its hydrogen jet engine

Rolls-Royce and easyJet have achieved a new aviation milestone with the world's first hydrogen-fuelled modern jet engine.
Italy plans 50% windfall tax for energy firms

Italy plans 50% windfall tax for energy firms

Italy plans to impose a one-off windfall tax of 50% on the extraordinary income of its energy companies in 2023.
Why is wind energy in Europe in such trouble?

Why is wind energy in Europe in such trouble?

Europe is in an energy crisis and although we are seeing big growth in solar energy, wind energy is not doing so well. Why is that?
EU requests a swift response to Joe Biden’s green package

EU requests a swift response to Joe Biden’s green package

Relationship between United States and Europe heats up as resolution of Biden's "buy American" green package is not yet known. Trade war is brewing.
DAX struggles after a massive rally

DAX struggles after a massive rally

Volatility could be lower today, but it looks like the rally in DAX has run out of steam.
Russia to revive car production after 20 years

Russia to revive car production after 20 years

Russia has started producing the legendary Moskvich cars from the Soviet era. Production is underway at the former Renault factory.
Belarus wants to increase oil transit fee by 39%

Belarus wants to increase oil transit fee by 39%

Expecting less oil to be transported through its territory, Belarus is demanding an increase in the fee. Ukraine wants to react similarly.
ECB pulls up to €300 billion out of the eurozone

ECB pulls up to €300 billion out of the eurozone

The money will come from banks in the eurozone as part of the repayment of a long-standing loan. This is an effort to fight inflation.