Wednesday

26th Jan 2022

Ticker

EU to ban bonuses for firms saved by state

The EU Commission plans to ban paying executive bonuses at companies that have been rescued by a state share-buying program during the coronavirus crisis, the Guardian reports. The restrictions, which would include a ban on dividend payments and share buybacks, could be imposed on companies where the government has bought a stake in order to keep the business afloat. The planned proposal will have to be backed by the EU-27.

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EU Parliament pays close to double market price for building

The European Parliament's Scholl building in Brussels was purchased for almost €75m, despite its estimated market value hovering between €42m and €65m. The issue has led to calls for the institution to review its building strategy, developed before the pandemic.

Column

In the gulags' shadow

A rift of emotions runs through Europe. While eastern European states fear the return of Russian imperialism, the average western European seems to believe that Russia still pushes back against alleged American imperialism.

EIB invests €50m in autonomous delivery robot operator

Autonomous delivery operator Starship Technologies, based in San Fransisco, has received a €50m venture loan from the European Investment Bank - but the introduction to Europe's historic and narrow streets is so far marked by a lack of impact data.

Exclusive

EU eyes Indian Ocean naval adventure

Europe is preparing to boost its naval presence in the north west Indian Ocean "to uphold freedom of navigation" in the world's trade jugular.

Latest News

  1. EU report speaks of Libyan coastguard violence
  2. EU Parliament pays close to double market price for building
  3. Poland's year of fear - who will die next in abortion crackdown?
  4. In the gulags' shadow
  5. EIB invests €50m in autonomous delivery robot operator
  6. EU eyes Indian Ocean naval adventure
  7. EU auditors slam fragmented, sluggish 5G rollout
  8. EU and UK try to melt ice in post-Brexit talks

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