After 21 years as a service officer at Air France, Karim Djeffal quit his job during the COVID-19 pandemic to start his own job guidance consulting firm. “If that does not happen, I will not return to the aviation sector,” said the 41-year-old. “Some shifts started at 4 in the morning and others ended at […]
Tag: Europe
Bloomberg: Corporate lending rates in Europe are moving upwards
European companies may find it difficult to negotiate the most favorable interest rates usually offered by the relationship-based corporate lending market, as inflation and tighter monetary policy begin to hit their financiers’ pockets. Prices are likely to rise for corporate borrowers in the near future, said Carlo Fontana, head of the global consortium UniCredit SpA. […]
Bloomberg: Corporate lending rates in Europe are rising
European companies may find it difficult to negotiate the most favorable interest rates usually offered by the relationship-based corporate lending market, as inflation and tighter monetary policy begin to hit their financiers’ pockets. Prices are likely to rise for corporate borrowers in the near future, said Carlo Fontana, head of the global consortium UniCredit SpA. […]
Poland proposes 7th package of sanctions against Russia ahead of EU Summit
The Polish government is proposing further sanctions against Russia in order to keep up the pressure on its economy to force Moscow to end its war against Ukraine in late February. “In our view, a seventh package of sanctions should be imposed as soon as possible. We must continue to exert pressure,” Polish Foreign Ministry […]
The difficult path that Ukraine must follow to join the EU
The European Commission today recommended formalization of Ukraine as a candidate country, in a policy shift brought about by the Russian invasion. The Commission made the same recommendation for Moldova, but with regard to Georgia it stressed that it was not ready to be granted candidate status. All three countries have Russian-backed separatist regions. Here […]
Russian cuts force Europe to use winter gas storage
Cuts in gas supplies from Russia are forcing European utilities to use stocks commonly used during the winter, Bloomberg reports. In one of the latest indications of how the energy crisis in Europe is escalating, storage levels fell this week for the first time since mid-April, when traders usually start filling in, according to Gas […]
The European markets closed with mixed signs at the end of the week
The main European stock markets closed with mixed signs on Friday, ending a week of sharp changes, as international markets react to the tightening of monetary policy by the major central banks around the world. In this climate, the pan-European Stoxx 600 closed a profit of 0.09% at 403.25 points, with the technology sector leading […]
Russia is gradually shutting down gas supplies to Europe
Power outages to Poland, Bulgaria and Finland, significant cuts to Germany, Austria, Italy and Slovakia, not a single cubic meter to France: Europeans denounce blackmail of Russian President Vladimir Putin at a time when the continent wants to take advantage of the summer period to increase its reserves. During the fourth month of the war […]
Moscow reduces gas flows to Europe, on the air the governments’ efforts to fill the warehouses before winter
There was a further reduction in Europe’s gas supply via the Nord Stream 1 pipeline, and Moscow said more delays in repairs could lead to a halt in all flows, putting a brake on Europe’s efforts to replenish its natural gas reserves. . Reduced flows come as the leaders of Germany, Italy and France visit […]
10% ‘jump’ for European gas – Over 130 euros per megawatt hour
European energy prices “jump” by 10% after the intensification of the “energy war” by Russia, which reduced supplies through a larger connection to the continent to less than half the usual quantities, according to the agency Bloomberg. Supply cuts are hitting Europe, with Engie, Uniper and OMV AV reporting lower commissions. Germany has described the […]
