TL;DRThe European Central Bank has decided to keep key interest rates in the eurozone unchanged for the time being. This decision comes despite ongoing high energy prices.
TL;DRThe German federal government plans to introduce an early start pension, for which the Ministry of Finance has presented a draft law. The article answers questions about how the subsidy will function and who will benefit from it.
TL;DRThe European Central Bank has decided not to change its key interest rate, with the deposit rate remaining at 2.25 percent. A further interest rate hike in September is considered possible.
TL;DRRussia's Duma has approved legislation allowing for the freezing of assets, confiscation of property, and suspension of consular services for Russians living abroad. Legal experts suggest this could effectively strip affected individuals, particularly activists and journalists, of their citizenship.
TL;DRThe European Central Bank has maintained its key interest rate at 2.25 percent. While inflation is decreasing, rising energy prices due to Middle East conflict could necessitate an interest rate hike in the autumn.
TL;DRThe number of completed apartments in Germany is expected to continue to decline, reaching approximately 185,000 in 2026. The ifo Institute anticipates little prospect of a recovery in construction activity.
TL;DRItalian banking group UniCredit is reportedly close to acquiring Commerzbank. UniCredit CEO Orcel has initiated discussions with stakeholders, though his proposal has met with some opposition.
TL;DRThe wife of two German citizens is stranded in the Gaza Strip and cannot leave. The couple, the Doghmoshes, have filed a lawsuit against the German federal government over the situation.
TL;DRThe US House of Representatives has voted to increase the defense budget to over a trillion dollars. The vote was close, with some Republicans voting against the measure.