Saturday

23rd Sep 2017

Ticker

Report: VW will compensate US dealers with €1bln

Volkswagen Group will compensate its 650 dealers in the United States with around €1 billion to cover losses occurred due to the emissions cheating scandal, Reuters reported Thursday. The agreement comes on top of a €13 billion settlement with American authorities and consumers. The German company may still face other substantial penalties in the United States. Meanwhile, European dealers and consumers have little perspective of a similar deal.

Analysis

Merkel-Macron: An EU motor in the making

Merkel's re-election is expected to revive the Franco-German EU motor, but the German leader and France's new ruler are still searching for a common vision.

Hungary and Poland defy EU authority

Hungary and Poland have said they "don't want a mixed population", amid a tug-of-war with the Commission on migrants and rule of law.

Quiet showdown in Barcelona

Thousands of Catalans have taken to the streets, in protest against the Spanish government's efforts to prevent the independence referendum. Both sides know that violence would go against their cause.

News in Brief

  1. Dutch state appeals ban on taking air-polluting measures
  2. May proposes 2-year transition period after Brexit
  3. May to call on EU's 'sense of responsibility'
  4. Catalonia has 'contingency plans' for independence vote
  5. Last German polls confirm Merkel's lead
  6. EU to step up sanctions on North Korea
  7. Tusk calls 'euro summit' in December
  8. Report: May to seek two-year EU transition

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