CashNews.co (Bloomberg) — German Finance Minister Christian Lindner will take full advantage of some extra wiggle room under the country’s debt rules and increase net new borrowing next year by about €5 billion ($5.5 billion), according to people familiar with the plans. Most Read from Bloomberg A mechanism enshrined in Germany’s constitution allows for additional […]
CashNews.co Aviation International NewsGerman Parliament Blocks Loan Guarantee For Lilium’s eVTOL AircraftLilium’s board of directors is urgently reassessing funding options after the eVTOL aircraft developer was denied a €50 million ($54….6 hours ago Read More #cashnews #German #finance
CashNews.co As part of the revamped framework, countries exceeding key debt limits have four years to get back in line before they face disciplinary measures. Those requiring a longer adjustment period, however, are entitled to request an extension of up to seven years if necessary. So far, only Italy, Spain and Finland have applied for […]
CashNews.co Rapidly increasing demand for data modernization is helping ecosystem partners make inroads with enterprises, ISG Provider Lens™ report says FRANKFURT, Germany, October 18, 2024–(BUSINESS WIRE)–A surge in corporate data and the need to manage and analyze it is driving German organizations to seek support from providers in the AWS ecosystem, according to a new […]
CashNews.co As the German economy faces a forecasted contraction for the second consecutive year, attention turns to the potential opportunities within its stock market, particularly among small-cap companies that might be undervalued or overlooked. Despite recent economic challenges such as a sharp decline in factory orders, there remains potential for discovering promising stocks that could […]
CashNews.co The IT consulting start-up [gaidnts] (“Guidance”), established by EGC EuroGroup Consulting, and Alfa, a worldwide supplier of technological solutions for the asset financing sector, have formed a new strategic alliance. The aim of [gaidnts]which serves as a critical link between business, IT, and software vendors, is to modernise and harmonise IT systems and business […]
CashNews.co Ayvens has announced the launch of Ayvens Bank, a new brand of its fully online retail savings bank for private individuals. Operating in the Netherlands and Germany since 2010 and 2015, respectively, the bank serves more than 280,000 customers in both countries. Ayvens Bank contributes to Ayvens’ funding diversification strategy by raising retail saving […]
CashNews.co A potential merger between a German bank and an Italian rival would not normally elicit much interest beyond the business pages. But these are not normal times. The Italian bank UniCredit recently provoked a political backlash in Germany by acquiring a 21% stake in the German lender Commerzbank. Even chancellor Olaf Scholz weighed in, […]
CashNews.co As the German economy faces a forecasted contraction for the second consecutive year, with factory orders experiencing significant declines, investors are closely monitoring high-growth sectors like technology that could potentially offer resilience amidst broader economic challenges. In this environment, identifying strong tech stocks involves looking for companies with robust innovation capabilities and adaptability to […]
CashNews.co Aviation International NewsLilium Faces Political Block to Government Loan GuaranteesLilium is at risk of missing out on €100 million ($109 million) in loan guarantees from German federal and state governments..1 day ago Read More #cashnews #German #finance