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Analyses | | Konrad Popławski

The German Ministry of Finance presents spending plan for the next few years

The German government adopted a draft amendment of this year’s budget and updated its spending plan for 2012–2016. Germany intends to observe the ‘budget brake’ rule, which imposes the obligation to keep the structural deficit at a level…
Analyses | | Konrad Mazur, Konrad Popławski

Large financial losses incurred by German energy companies

Vattenfall (accounting for 89% of electricity produced in Germany) published their financial results for 2011. Vattenfall incurred losses of 2.6 billion euros, for E.ON the losses amounted to 2.2 billion euros. RWE and EnBW also ended…