Economy

Growing Opposition to €1.2bn Battery Factory in Slovakia
September 22, 2024
Line
1
 Min

Growing Opposition to €1.2bn Battery Factory in Slovakia

Plans to build a €1.2 billion battery "gigafactory" in Šurany, Slovakia, are facing significant local resistance. Concerns over pollution, increased traffic, and an influx of foreign workers have prompted residents to petition against the project and appeal to Prime Minister Robert Fico to halt the development.

Brazil Rejects EU’s Electric Vehicle Imports as Trade Talks Hit a Critical Point
September 22, 2024
Line
1
 Min

Brazil Rejects EU’s Electric Vehicle Imports as Trade Talks Hit a Critical Point

The proposed EU-Mercosur free-trade deal is facing significant hurdles as Brazil demands limits on electric vehicle imports, while the EU insists on anti-deforestation measures. These issues threaten the finalization of the agreement at the upcoming G20 summit, which would cover a fifth of the global GDP and nearly 800 million people.

Krakow Metro Project Advances: Construction Set to Begin by 2028
September 22, 2024
Line
2
 Min

Krakow Metro Project Advances: Construction Set to Begin by 2028

The Krakow metro project is moving forward, with initial decisions in place and a technical council of experts established. The first metro line, connecting the east and west of the city, is expected to begin construction in 2028, with a total cost estimated at around PLN 13 billion (€3 billion).

German Steel Industry Nears Collapse: Up to 500,000 Jobs at Risk
September 19, 2024
Line
1
 Min

German Steel Industry Nears Collapse: Up to 500,000 Jobs at Risk

The German steel industry is facing a severe crisis due to falling demand, increased global competition, high energy costs, and expenses related to green energy transitions. Over 100,000 direct jobs are at risk, with potential impacts on up to 500,000 jobs when considering related industries.

Sweden Eliminates Flight Tax, Admits Emissions Will Increase
September 19, 2024
Line
1
 Min

Sweden Eliminates Flight Tax, Admits Emissions Will Increase

The Swedish government has announced plans to remove a flight tax that was originally implemented to reduce aviation-related emissions. While officials acknowledge that the tax cut, set to take effect in July 2025, will lead to increased air travel and higher emissions, the decision has drawn criticism from climate advocates.

Norway Becomes First Country in the World to Have More Electric Cars Than Petrol Cars
September 19, 2024
Line
1
 Min

Norway Becomes First Country in the World to Have More Electric Cars Than Petrol Cars

For the first time, Norway has more electric cars on its roads than petrol-driven vehicles. Of the 2.8 million registered cars, 754,303 are now electric, surpassing the 753,905 petrol cars. Norway, a major oil exporter, is aiming to end the sale of petrol and diesel vehicles by 2025, bolstered by government incentives funded by its oil wealth.

Germany Seeks Migration Deal with Colombia to Access Skilled Workers
September 19, 2024
Line
1
 Min

Germany Seeks Migration Deal with Colombia to Access Skilled Workers

Germany has entered talks with Colombia to establish a migration agreement aimed at attracting skilled workers, as part of its broader efforts to bolster its workforce while addressing irregular migration. This is part of a series of agreements with countries like Kenya, Georgia, and Morocco, to streamline skilled migration and enforce deportation of unsuccessful asylum seekers.

G. Prokopiou Launches €500mn Investment Plan in Elliniko, Greece
September 19, 2024
Line
1
 Min

G. Prokopiou Launches €500mn Investment Plan in Elliniko, Greece

Greek shipbuilding magnate Georgios Prokopiou is spearheading a €500 million investment in Elliniko, developing residential complexes, office buildings, and an international educational institution. The project, in collaboration with Lamda Development, spans a total area of 85,658 sqm.

Categories

Mergers & Acquisitions
Economy
Companies
Markets
Tech & Space
Energy

Get smarter in just 5 minutes

Your daily 5-minute digest on business and tech news from across the UK & EU delivered straight to your inbox every morning!
Your data is never sold, transferred or used for any purpose other than to deliver our newsletter.
Thank you for subscribing to Dawn Digest!
Something went wrong while subscribing. Please contact us at support@dawndigest.com.

Copyright © 2024 DawnDigest. All Rights Reserved.

Close Icon