The News Glory
  • World
  • India
  • Politics
  • Sports
  • Business
  • Entertainment
  • Tech
  • Lifestyle
  • Viral
No Result
View All Result
The News Glory
  • World
  • India
  • Politics
  • Sports
  • Business
  • Entertainment
  • Tech
  • Lifestyle
  • Viral
No Result
View All Result
The News Glory
No Result
View All Result

Home World

Politico reported on a serious scandal between France and Germany

The News GlorybyThe News Glory
23/03/2023
Politico reported on a serious scandal between France and Germany

The upcoming meeting of EU leaders is in jeopardy due to the outbreak of conflict between France and Germany. This is reported by the newspaper Politico.

At a meeting in Brussels, it is planned to discuss the bloc’s economic competitiveness and support for Ukraine, but the “scandal” may affect the course of negotiations.

According to the resource on March 20, Germany, together with a small group of allies, had previously blocked the EU decision to ban sales of cars with traditional engines by 2035, as this would benefit the German auto industry. At the same time, Berlin insists on the exclusion of a synthetic alternative to fossil fuels, but this request has already been rejected twice in the European Parliament.

In turn, France announced its desire to achieve the inclusion of nuclear energy in the list of “clean” technologies of the EU, which provoked indignation on the part of Germany. The publication added that Chancellor Olaf Scholz’s pressure on the European Commission “especially angered Paris.”

On November 21, it was reported that Europe is on the verge of a new trade war due to the US inflation reduction law, which provides for tax cuts and benefits in the field of energy supply for enterprises opening in the United States of America.

The problem, according to Politico, is that Washington’s project will motivate companies to withdraw investment from Europe and encourage customers to buy American electric vehicles, which “infuriates major European automakers.” In particular, Germany “is in a state of panic” because of rising energy prices, leading German companies curtail domestic production in order to direct investment to other countries.

Prior to this, on November 19, the German magazine Der Spiegel also drew attention to this problem, pointing out that US President Joe Biden’s refusal to allow European manufacturers to participate in the climate change program led to the threat of a trade war between Europe and the United States of America. .

In August, Biden signed a package of measures aimed at reducing inflation in the United States. According to the document, the authorities will allocate $370 billion to clean energy and achieve climate goals.

Share on FacebookShare on Twitter
The News Glory

The News Glory

The News Glory is one of the best news providers in India, we bring you stories on world news, India News, Business, Politics, Technology, Gadgets, Finance and Entertainment. Follow us for special features.

Related Posts

The youngest self-made billionaire begins serving an 11-year prison sentence for fraud
World

The youngest self-made billionaire begins serving an 11-year prison sentence for fraud

30/05/2023
“The Saudi citizen is fine.” Lebanon arrests 9 people
World

“The Saudi citizen is fine.” Lebanon arrests 9 people

30/05/2023
Ancient substance helps against osteoarthritis: cheap gout pill can prevent hip replacement
World

Ancient substance helps against osteoarthritis: cheap gout pill can prevent hip replacement

30/05/2023

Popular

Telecom Egypt’s profits jump to 3.8 billion pounds in the first quarter of 2023

Telecom Egypt’s profits jump to 3.8 billion pounds in the first quarter of 2023

30/05/2023
Ancient substance helps against osteoarthritis: cheap gout pill can prevent hip replacement

Ancient substance helps against osteoarthritis: cheap gout pill can prevent hip replacement

30/05/2023
Competitor application for Twitter “on the road” .. Exciting details

Competitor application for Twitter “on the road” .. Exciting details

30/05/2023

Editors Pick

Bosnia and Herzegovina: Cloudy weather with showers and thunderstorms until Friday

Bosnia and Herzegovina: Cloudy weather with showers and thunderstorms until Friday

30/05/2023
Price of electricity today, Tuesday May 30, 2023 by the hour: what is the cheapest and most expensive hour?

Price of electricity today, Tuesday May 30, 2023 by the hour: what is the cheapest and most expensive hour?

30/05/2023
Moscow also tests the taste of combat by receiving a drone attack

Moscow also tests the taste of combat by receiving a drone attack

30/05/2023

About

The News Glory

The News Glory: Get up-to-date Latest Breaking News from Politics, Business, Technology, Entertainment, Sports & Much More Around India and World.

Categories

  • Automobile
  • Business
  • Education
  • Entertainment
  • Featured
  • Gadgets
  • Gaming
  • Health
  • India
  • Lifestyle
  • News
  • Politics
  • Sports
  • Tech
  • Viral
  • World

Recent Posts

  • The youngest self-made billionaire begins serving an 11-year prison sentence for fraud
  • “The Saudi citizen is fine.” Lebanon arrests 9 people
  • For the first time, 4000 women went on Haj pilgrimage without Mahram: 39 women went from Delhi; Thank you to PM Modi
  • Contact Us
  • Privacy Policy
  • Disclaimer
  • Terms and Conditions

Copyright © 2023 The News Glory - All Rights Reserved

No Result
View All Result
  • World
  • India
  • Politics
  • Sports
  • Business
  • Entertainment
  • Tech
  • Lifestyle
  • Viral

Copyright © 2023 The News Glory - All Rights Reserved

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
x
x