Friday

9th Jun 2023

Ticker

Germany 'highly likely' to tip into recession

A new economic report published on Thursday by the Macroeconomic Policy Institute (IMK) reveals that there is an almost 60 percent chance that the German economy could fall into recession. This is the highest recession risk in Germany since the winter of 2012 to 2013. According to Reuters, researcher Sebastian Dullien said that "the hope that domestic demand could save Germany from a recession is fading increasingly."

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EU's proposed ethics body 'toothless', say campaigners

Transparency campaigners say the new ethics body proposed by the European Commission will do little to prevent corruption at the EU institutions. The proposal comes six months after allegations of a Qatari corruption affair involving a former European Parliament vice-president.

Opinion

The 'BlackRock exemption' has no place in the EU's due diligence directive

With the EU's Corporate Sustainability Due Diligence Directive, there's an opportunity to harness the power of investment for truly sustainable activities. But to do this, it must not allow the 'BlackRock exemption' and instead cover institutional investors and asset managers.

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