July 25 2022 🕓 2 min
Ryanair posts profit after 3 years
The Irish airline's results still fall short of the pre-Coronavirus pandemic levels, but at least the company has finally turned a profit.
Tag: europe
July 22 2022 🕓 9 min
Weekly macro report – Europe is getting the hardest hit
Euro and the European economies suffer from high inflation, mainly impacted by big energy prices. We looked at the energy market. ECB revealed 50 bps hike.
July 20 2022 🕓 2 min
Stopping gas supplies could reduce European GDP
If Russia were to cut off its gas supplies to Europe, Europe's GDP could fall by up to 1.5%, according to the European Commission.
July 17 2022 🕓 3 min
Lithium batteries as the main topic of electromobility
Lithium batteries are the subject of investment all over the world. We see investment in China, the US and other countries.
July 15 2022 🕓 2 min
European Commission approves large hydrogen project
The European Commission has approved a €5.4 billion project. It will deal with hydrogen and will be jointly financed by 15 EU countries.
July 13 2022 🕓 2 min
Spain plans extra taxes for energy firms and banks
The country wants to help its population with inflation and expensive energy. The government expects to adopt new taxes in 2023 and 2024.
July 12 2022 🕓 3 min
EUR/USD collapses to parity as EU faces economic catastrophe
The euro just keeps on dropping as investors are selling the single currency due to several economic issues.
July 12 2022 🕓 2 min
OECD plans biggest overhaul of cross-border tax rules
The Organisation for Economic Co-operation and Development is planning the biggest overhaul of tax rules in a generation by 2024.
July 11 2022 🕓 2 min
France expects to be without Russian gas
The French finance minister considers a complete interruption of Russian gas supplies to be the most likely scenario.
July 6 2022 🕓 3 min
Norway strike could cut oil output by 15%
Workers on offshore oil and gas platforms have launched a strike, which the union says is expected to escalate over time.
July 5 2022 🕓 3 min
EUR/USD collapses as German economy faces implosion
The Euro continues in its downtrend as everything points to further losses amid an incoming severe economic depression.
July 4 2022 🕓 2 min
German gas credit line may not be enough
Germany has provided 15 billion euros to buy gas for its reservoirs, but the head of Germany's energy authority warns that may not be enough.