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Analyses | | Artur Ciechanowicz

Germany Westerwelle initiates a meeting of the group for the future of the European Union

Nine European ministers of foreign affairs met on 20 March in Berlin upon invitation from their German counterpart, Guido Westerwelle. The  aim of the meeting was to discuss ‘the future of the European Union’, a more efficient operation…
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…
OSW Commentary | | Konrad Popławski

The fiscal compact – Europes hard core based on German economic conditions

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…