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of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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German Econ Min-Considering Measures To Aid EU Industry If IRA Talks Fail
Wires reporting comments from German Economy Minister and Vice Chancellor Robert Habeck regarding EU-US trade tensions. Speaking in Paris alongside French counterpart Bruno Le Maire, Habeck states that the "US is a friend, [and] we are constantly talking with the administration and trying to find solutions".
- Adds that the EU is "considering measures to strengthen European industry if discussions on the US inflation reduction act fail", noting also that Germany is "completely aligned" with France on the issue.
- Habeck states that, "Money is not key in competition with the US, it is the length of the approvals process in Germany. We must become faster and more decisive"
- Earlier, the two ministers released a joint statement calling for 'renewed impetus' in EU industrial strategy, a commitment to the establishment if key strategic areas for technological and scientific aspects of EU sovereignty, and confirming they are both 'determined to swiftly implement joint purchases of gas through long term contracts to achieve lower prices for consumers and industry'.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.