German Chancellor Angela Merkel said this at the opening of the 4th German-Ukrainian Business Forum in Berlin on Friday, an Ukrinform correspondent reports. "The partnership between our countries has existed for a long time, and it is not limited only to the economy. Germany is one of the largest partners of Ukraine. We stand firmly for the territorial integrity of Ukraine. … [Read more...] about Ukraine and Germany to Work Together for the Economy
Economy
Spain Changes Gig Economy as Delivery Drivers are Now Classified as Employees
On Thursday, the Spanish government announced legislation that classifies food delivery riders as employees of the digital platforms they work for, not self-employed, in a legal change that could have far-reaching consequences for Spanish businesses. The legislation also includes a groundbreaking requirement for companies operating the platforms, such as Glovo and Deliveroo, … [Read more...] about Spain Changes Gig Economy as Delivery Drivers are Now Classified as Employees
UK Pound Falls from Highs Against Euro and US Dollar
The Bank of England appears to have disappointed those wanting a stronger British Pound by signaling it would not raise interest rates until inflation in the UK has risen significantly. A major driving force of Sterling exchange rate gains in 2021 has been the Bank's gradual move away from potentially introducing negative interest rates in the UK. Still, with this … [Read more...] about UK Pound Falls from Highs Against Euro and US Dollar
Medicine Firms from Sussex Takes Production Line Abroad Ahead of Brexit Ban
A Sussex pharmaceutical company has told how it had to bundle a production line into a white van and take it to Amsterdam to beat a Brexit medicines ban. The impromptu four-wheeled mission to the Netherlands has secured the supply of the asthma drug Ventolin for France, where the company, Mediwin, had a huge order book. Sussex Takes Medicines Abroad Lisa Cooke, its finance … [Read more...] about Medicine Firms from Sussex Takes Production Line Abroad Ahead of Brexit Ban
Northern Ireland Faced with Brexit Consequence as Supermarket Meat Products Get Affected
On February 22, supermarkets that are bringing meat products from Great Britain all the way to Northern Ireland are facing new bureaucracy. This change is one of the consequences of Brexit and the Irish Sea border. The retailers must now use the Expert Health Certificates or the EHCs to import all chilled, processed meat. This includes products like minced meat and fresh … [Read more...] about Northern Ireland Faced with Brexit Consequence as Supermarket Meat Products Get Affected