CEZ

Spain to approve mortgage support for over a million households

Spain to approve mortgage support for over a million households

Measures support vulnerable families at the income threshold of 25,200 euros Threshold for middle-class customers set at 29,400 euros Measures include extending loan repayments for up to 7 years The actions also provide for grace periods and a freeze on repayments Plan to be finalized on Tuesday after discussions with the banks MADRID, Nov 21 …

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Europe rushes to fill up on Russian diesel before ban begins

Europe rushes to fill up on Russian diesel before ban begins

LONDON, Nov 21 (Reuters) – European traders are racing to fill tanks in the region with Russian diesel ahead of the start of an EU ban in February as alternative sources remain limited. The European Union will ban imports of Russian petroleum products, on which it depends heavily for its diesel, by February 5. This …

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The Italian government's new budget will increase spending to tackle the energy crisis

The Italian government’s new budget will increase spending to tackle the energy crisis

First full budget of Meloni’s new government Most of the funds are intended to help with high energy bills Windfall Energy Tax, Welfare Cuts Expected ROME, Nov 20 (Reuters) – Italy’s new right-wing government plans to announce some 30 billion euros in new spending on Monday in a budget for next year, mainly focused on …

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Germany plans to toughen rules for companies heavily dependent on China

Germany plans to toughen rules for companies heavily dependent on China

BERLIN, Nov 19 (Reuters) – Germany’s foreign ministry plans to toughen rules for companies with high exposure to China, requiring them to disclose more information and possibly conduct stress tests for geopolitical risks, according to a confidential draft document viewed by Reuters. The proposed measures are part of a new trade strategy towards China drawn …

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EU set to release billions in funds for Hungary - sources

EU set to release billions in funds for Hungary – sources

Funds worth 10% of Hungary’s 2022 GDP estimate at stake Orban seeks EU deal as Hungarian economy struggles Funds frozen due to democratic deficits in Hungary The EU executive is expected to take its next decision on November 29 BRUSSELS, Nov 17 (Reuters) – The European Union executive is on track to release billions of …

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In Burnley, Britain's cost of living crisis hits home

In Burnley, Britain’s cost of living crisis hits home

Actual inflation in Burnley hits 11.7% Households reducing their food, avoiding energy consumption The government will publish its budget on Thursday BURNLEY, England, Nov 15 (Reuters) – Skipping lunch each day and watching TV in blankets to keep warm is not how Ann and Keith Hartley envisioned their retirement in Burnley, the northern English town …

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Airbus and Qatar Airways clash over regulators and sending emails at London hearing

Airbus and Qatar Airways clash over regulators and sending emails at London hearing

LONDON, Nov 11 (Reuters) – Airbus (AIR.PA) and Qatar Airways clashed on Friday over their dealings with aviation watchdogs and a flood of confidential documents as legal claims over grounded aircraft reached $2 billion. Filling a large courtroom at London’s High Court, the latest procedural hearing in a high-stakes contract and security dispute worked through …

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