EBR Newsletter - The Midweek Update

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Welcome to the online edition of the “European Business Review (EBR)”, where journalists and distinguished guest-writers express their views and opinions on European affairs and Business issues with in-depth articles, analyses and commentaries.
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"Germany’s image as a member state that favours budgetary discipline and minimum state intervention has suffered. "

Does Germany cross a line?

Germany’s Chancellor Olaf Scholz announced a new €200 billion gas subsidy fund that will benefit big and small companies in his country

According to EU diplomats, Malta, Greece and Cyprus are set to receive significant concessions over their economic concerns, including an impact assessment to be made before price caps come into force.

EU agrees on oil price cap in new Russia sanctions draft package

EU ambassadors reached a political agreement on the bloc’s new round of Russia sanctions, including an oil price cap, which earlier had been opposed by a few seafaring member states

The deal questions Greece’s territorial waters south of the island of Crete and has triggered strong reactions.

After Russia, now Turkey questions Europe’s territory

A memorandum of understanding for exploring hydrocarbons at sea signed between the government of Tripoli and Turkey openly questions EU territory causing more headaches in Brussels amid an ongoing war in Ukraine

"Taking a ’wait and see’ approach toward global recession simply won’t do in this fast-moving new economic reality that demands awareness and flexibility. Risk diversification, cost efficiencies, and sustainability will be crucial moving forward."

Are economic headwinds blowing in the direction of a global recession? Chief economists answer

Once-in-a-generation inflation in the US and Europe could choke off global growth, with a global recession possible in 2023, say economists

The organisers of the rally, ‘Czech Republic First!’, are calling for the Czech government to secure gas contracts with Russia and achieve “military neutrality”.

Tens of thousands protest Czech NATO and EU membership

Demonstrators gathered on Wednesday in Prague to ask Prime Minister Petr Fiala’s administration to resign in the wake of rising energy costs and called for the relationship with the EU, NATO, the UN and the WHO to be reconsidered

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