Industrial relations remain tense at Volkswagen where the management’s plan of implementing drastic cost-cutting measures is clashing with union demands, including a 7% pay rise. Both sides met at Hanover’s Herrenhausen Palace on Wednesday, where colle…
Leverkusen’s Xhaka: Almost every Bayern shot has been a goal
Bayer Leverkusen midfielder Granit Xhaka says his side can deal with the pressure of being champions when they visit Bundesliga rivals Bayern Munich on Saturday and hinted that the Bavarians’ luck in front of goal cannot last. Bayern lost their Bundesl…
Economists lower forecast for German, expect GDP to shrink 0.1%
A group of leading German economists lowered their growth forecasts for the German economy on Thursday, predicting that the country’s gross domestic product (GDP) would shrink slightly during the current year. German GDP will decline by 0.1% over the c…
A century of making the world a better place for children could be undone if we don’t act now
“I am small but my ideas are big. I want to make the world a better place. I am asking (world leaders), please provide space for me to speak freely and share all my ideas. When you listen to me, you are listening to all future generations.” These are t…
Celebrating the pioneers of Saudi IT: Winners of the inaugural CIO50 KSA Awards
In a grand event held in Riyadh, the first edition of the CIO50 KSA Awards honored Saudi Arabia’s top technology leaders who have transformed the digital landscape amid unprecedented challenges. These forward-thinking executives have been instrumental …
“Don’t know what surface we are going to play…”: India assistant coach Nayar on playing XI selection for Kanpur Test
Kanpur (Uttar Pradesh) [India], September 26 (ANI): Ahead of India’s second Test against Bangladesh, India’s assistant coach Abhishek Nayar said that the selection of spinner Kuldeep Yadav and playing eleven as a whole depends on the surface the team w…
Rift in Romania’s grand ruling coalition deepens as elections approach
By Iulian Ernst in Bucharest The relationship between President Klaus Iohannis’ National Liberal Party (PNL) and the Social Democrats (PSD) headed by Prime Minister Marcel Ciolacu is gradually deteriorating ahead of the presidential and parliamentary e…
Hungary to lobby against changes to EU cohesion policy
By bne IntelliNews Hungary’s regional development minister has warned that Central and Eastern European countries may receive less cohesion funds in the future, while southern regions, Moldova and Ukraine are slated to receive more with the prospective…
Polish budget “ready” to handle flood aid, minister says
By Wojciech Kosc in Warsaw Poland’s budget is “ready to fund” efforts aimed at rebuilding the regions devastated by massive flood earlier this month, the country’s Finance Minister Andrzej Domanski told the parliament on September 25. Extreme rain – wh…
EBRD lowers Emerging Europe growth forecasts amid economic challenges
By Clare Nuttall in Glasgow The European Bank for Reconstruction and Development (EBRD) has lowered its growth forecasts across its regions of operations for 2024 and 2025, citing a range of economic pressures. In the latest Regional Economic Prospects…