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Analyses |
| Konrad Mazur, Konrad Popławski
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…
OSW Commentary |
| Konrad Popławski
On 2 March, the leaders of 25 EU member states signed the Treaty on stability, coordination and governance in the economic and monetary union. It will introduce new fiscal constraints and officially vest new competences in the eurozone…
Analyses |
| Artur Ciechanowicz, Konrad Popławski
The German political elite not only continue to support specific actions taken by representatives of business circles but are also adding strategic political concepts to their activity. On the one hand, these concepts are aimed at…
Analyses |
| Anna Kwiatkowska, Konrad Popławski
On 8 February at the session of the Commission for European Union, Michael Link (FDP), secretary of state at the Foreign Ministry, acting on behalf of the German government ensured that the fiscal pact agreed on 30 January was still only…
Analyses |
| Konrad Popławski
The cyclic German-French intergovernmental consultations took place in Paris on 6 February. Among the issues Angela Merkel, Nicolas Sarkozy and ministers from both cabinets were discussing were: the situation in Syria and Iran, the…
Analyses |
| Konrad Popławski
During her visit to China (1–3 February), the German chancellor attempted to convince the Chinese government to become engaged in assistance for the eurozone. The German chancellor during her meetings with the prime minister and the…
Analyses |
| Konrad Popławski
On 30 January at the EU summit the leaders of 25 member states (except for the UK and the Czech Republic) agreed on the signing of the fiscal pact advocated by Germany. The pact will sanction new fiscal restrictions and the possibility…
Analyses |
| Konrad Popławski
The latest proposal of the fiscal agreement which is to reform the eurozone appeared in the German media on 12 January. While the common arrangements in the previous version had been referred to as a ‘fiscal agreement’, the new one has…
Analyses |
| Konrad Popławski
Despite the turmoil on financial markets, the German economy recorded very good economic results in 2011. According to calculations by the German Bundesbank, GDP rose by 3%. High economic growth, driven by strong performance of exports…
Analyses |
| Konrad Popławski
In response to the financial trouble of Germany’s financial institutions, the German Ministry of Finance is preparing a law which will enable the state to forcibly buy shares in banks facing financial problems.