In the crisis, the profits of some fossil energy companies are rising. The EU has decided on a solidarity contribution, but the member states have room for maneuver. The German government, however, expects only low revenues, apparently aiming for a minimum solution.
By Manuel Berkel
German Chancellor Olaf Scholz's trip to China and the partial sale of the Hamburg port terminal have drawn much criticism from EU partners. However, the public debate in Germany shows: Concerns about growing dependence on Beijing have gripped broad segments of the population here as well.
By Marcel Grzanna
The partial sale of the Hamburg port terminal marked a tipping point in the perception of China by the German public. Concerns about growing dependence now reached segments of the population for whom Beijing's industrial policy previously meant nothing more than boring news in the business section. Olaf Scholz also takes this baggage with him on his first trip to China as German Chancellor.
By Marcel Grzanna
The CEOs of the leading investment banks will meet in Hong Kong for the first time since the pandemic. The meeting is considered a commitment to the world's third-largest financial center of 2021. Nevertheless, many things have gone awry there: The stock market is dragging its feet and there is no progress on opening up the Chinese market. The bankers will have clear words for Hong Kong's Chief Executive John Lee.
By Frank Sieren
There is great excitement: What does Elon Musk plan to do with Twitter after buying it? EU politicians are admonishing the multi-billionaire to play by the rule, but at the same time, they are dependent on the platform.
By Falk Steiner
The AI Act is a complex legislation. It was to be expected that there would be much to discuss. The Council seems to have reached consensus on much of it, but the Parliament is not yet ready.
By Corinna Visser
Chancellor Olaf Scholz is under domestic political pressure over his approval of the Cosco deal in Hamburg. On a visit to Beijing, on the other hand, he has considerable room for maneuver. Here, his support for Cosco will actually be to his advantage. After all, in the run-up to the G20 summit, Scholz is dependent on cooperation with Beijing to make progress on major issues such as climate protection and ending the war in Ukraine.
By Frank Sieren
The EU Commission wants to address gaps in knowledge about China. To this end, Europe's most renowned scientists and think tanks are developing new ways of dealing with the Far East in several projects. The China competence initiative will begin in November.
By Amelie Richter
The Commission plans to present its proposal for reforming the Stability and Growth Pact next week. In the future, Brussels would like to negotiate multi-year plans with the member states to advance their debt reduction.
By Redaktion Table
Today, the first mandate of the EU Platform on Sustainable Finance ends after two years of advising the Commission on the taxonomy regulation. It was not only the definition of natural gas and nuclear power as sustainable that caused tensions between the two bodies. Five members left the platform with further serious allegations.
By Leonie Düngefeld
