Startup strategy + Trade with Taiwan + Gas saving calculations + Debt reduction • Europe.Table

Germany’s startup strategy and Europe’s contribution
Freighters find ways to bypass Chinese maneuvers
Germany has to save ten billion cubic meters of gas
BDI wants more compensation in exchange for abandoning gas
Germany wants to make debt reduction binding in EU
Another eight billion of EU aid for Ukraine
EU maintains alternative routes for grain from Ukraine
EU Commission condemns Russia’s violations of aviation rules
Google could face new EU antitrust proceedings
Jekaterina Boening – Green power for Siemens Energy

Dear reader,

A week ago, the German government presented its startup strategy. The joint project of the German “traffic light” coalition also covers a number of EU areas. Which and why they play a major role in the strategy’s success, Falk Steiner has the details.

My colleague Nico Beckert took a look at what China’s military actions around Taiwan will mean for supply chains. Taiwan is, after all, the world’s largest supplier of microchips. As of Thursday evening, experts are giving the all-clear – but that could quickly change if China expands the maneuvers even further.

Saving is the order of the day: Germany will need to save ten billion cubic meters of gas by March next year to meet the target set by the EU. Read more about the calculations and what the Federation of German Industries has to say about it in the News section.

For Latvian-born Ekaterina Boening, playing a practical part in the transformation was the reason why she moved this year from the think tank Transport & Environment Deutschland to the energy giant Siemens Energy. Find out more about the exciting field she manages now in today’s Profile.

Your
Lisa-Martina Klein

Feature

Germany’s start-up strategy and Europe’s contribution

When the German government adopted its start-up strategy last week, the goals were ambitious. With the self-proclaimed “Progress Coalition”, Germany is to finally see the emergence of more unicorns – and improve the conditions for them. The European component also has a key role in this.

By
Falk Steiner

The goal is clear: “We want to become the driving force for a European location. That is the only sensible goal,” says Anna Christmann, start-up representative of the German government. “We need to be visible as Europe and attractive for start-ups. As the largest country in the EU, we have a special role.”

For this to succeed, measures are to be taken both in Germany and with other EU members and at the EU level. France, in particular, repeatedly emphasized the importance of an improved start-up policy during the first term of office of the liberal French President Macron and during the Council Presidency in the first half of this year. Compared to the grand French goals, which are also partly reflected in the policy of EU Commissioner for Internal Market Thierry Breton, Germany once again appears hesitant here.

At the beginning of the year, the French government announced that it would not only breed a large number of so-called unicorns with a market value of more than €1 billion by 2030. The goal at the time was to have 10 so-called hectocorns by 2030; technology companies with more than €100 billion in market value. Anna Christmann sees France’s efforts as an incentive: “We rely on networking to move forward together. I see the fact that France in particular also has a lot of activities in this area as very positive, because it means we push each other.”

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