The Belarusian government extended by six months the ban on imports of products from Škoda Auto and other companies. The state agency BelTA informed about it on its website today. The government decided on this measure at the end of April in response to the refusal of the companies concerned to sponsor the holding of the World […]
The Czech Republic is one of the worst in Europe in terms of carbon dioxide emissions from new cars. With emissions of 120.9 grams per kilometer, it is the sixth worst in the European Automobile Manufacturers Association (ACEA) ranking. Arval pointed this out. According to her, the main reason for this situation is the conservative approach of companies […]
The United States and the European Union have agreed to resolve a protracted trade dispute over US tariffs on steel and aluminum. This was announced today by US Secretary of Commerce Gina Raimond. The agreement also abolishes retaliatory EU tariffs on American products. The dispute was launched in 2018 by then-US President Donald Trump, who introduced tariffs on […]
As in previous months, euro area price growth accelerated to 4.1 percent in October. The year-on-year inflation rate, influenced mainly by a sharp rise in energy prices, thus exceeded the value from September by seven tenths of a percentage point. This was stated today in its quick estimate by the statistical office Eurostat. Inflation is now comparable to […]
The European Union’s economy continued to recover from the effects of the coronavirus decline in the third quarter, growing by 2.1 percent. Thus, after declining by 0.1 percent in the first quarter, the EU economy is growing with the gradual easing of pandemic restrictions for the second three months in a row, when output rose by […]
The European Central Bank (ECB) left its monetary policy unchanged today, as expected, despite rising inflation in the eurozone. The ECB’s key interest rate thus remains at a record low of zero percent. The bank will also continue to buy bonds this quarter, but at a “slightly slower” pace than in the previous two quarters, Reuters reported. […]
The European Commission will examine the benefits and risks of joint gas purchases, which are supported by some European Union countries in response to the current rapid rise in energy prices. This was said today by EU Commissioner Kadri Simson after talks with EU energy ministers. At the same time, despite calls for swift action, government representatives […]
The European Commission (EC) is preparing further raids on companies suspected of participating in cartel agreements. This was said by EC Vice-President Margrethe Vestager, who is also in charge of competition. She also criticized the illegal agreements that companies make with each other and in which they promise each other that they will not drag employees. Last […]
The European Parliament (EP) deplores the fact that the Czech Prime Minister Andrej Babiš, together with a number of other high-ranking representatives of EU countries, appeared in the revelations of the international journalism project Pandora Papers. In a resolution in response to the debate from the previous sitting, MEPs called for better measures to combat tax […]