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HUTUBI, CHINA - DECEMBER 19: Employees work at an exploratory well, with an estimated hundred-billion-cubic-meter natural gas and oil reserves, operated by China National Petroleum Corporation CNPC in the middle of southern margin of Junggar Basin on December 19, 2020 in Hutubi County, Xinjiang Uyghur Autonomous Region of China. PUBLICATIONxINxGERxSUIxAUTxHUNxONLY Copyright: xVCGx CFP111311227425

Report: A quarter of ‘carbon bombs’ financed by EU companies

According to a new report by CAN Europe, Friends of the Earth and other NGOs, a quarter of the world's largest fossil fuel extraction projects are operated or financed by EU companies and banks. The alliance is calling for mandatory climate transition plans as part of the EU's due diligence law.

By Leonie Düngefeld

Antonio Costa Lisbon, 11/07/2023 - Prime Minister Antonio Costa presented his resignation to the President of the Republic, statements at the official residence. Leonardo Negrao / Global Imagens PUBLICATIONxINxGERxSUIxAUTxONLY LeonardoxNegrao

Suspected corruption: Portugal's head of government Costa resigns

In recent years, social democratic delegations from all over Europe have made the pilgrimage to Lisbon to copy the PS's recipe for success. Most recently, Portugal's head of government, António Costa, was even considered a future presidential candidate for the European Council. Costa has now surprisingly resigned due to allegations of corruption.

By Redaktion Table

Slevarna Heunisch foundry pictured that produces demanding gray cast iron castings holds press conference on odour reduction in production over past two years in Brno, Czech Republic, October 25, 2023. CTKxPhoto/PatrikxUhlir CTKPhotoP2023102506452 PUBLICATIONxNOTxINxCZExSVK CTKPhotoP2023102506452

Energy price brake: DIHK calls for greater relief

SMEs and the energy industry are strongly criticizing the announced extension of the European energy price brake for companies. According to the DIHK, many companies have already reached their maximum limits for possible relief.

By Manuel Berkel