Economy

Structural problems – insolvency proceedings opened against Galeria

The court in Essen, Germany, has opened insolvency proceedings for the last major German department store chain Galeria. The court gave the green...

Brussels proposes a plan to relax state aid and counter the American initiative

The European Commission presents the broad lines to promote the EU's clean industry ahead of Washington's subsidy lawThe European Union has always been strong...

Significantly more expensive – German butter prices are falling more than ours

As a result of the Ukraine crisis, butter prices in Austria have recently risen enormously - the cost situation has now eased somewhat, but...

Eurozone inflation fell to 8.5% in January

Prices are being cut for the third consecutive month and Spain remains one of the economies with the lowest inflationEurozone prices fell to 8.5%...

Beer brand Corona is also switching to deposit bottles in Austria

The Mexican beer brand Corona from the Belgian brewing giant Anheuser-Busch InBev (AB InBev) switched to depositable bottles in Austria in February. Since...

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