Germany And The EU: Theme For The Past Week -- November 24, 2024

Locator: 44405GERMANY.

Updates

November 26, 2024:

For example, Thyssenkrupp, Germany’s largest steelmaker, said on Monday it would slash 11,000 jobs in its steel division by 2030, in a major corporate reshuffle. “Urgent measures are needed to improve Thyssenkrupp Steel's own productivity and operating efficiency, and to achieve a competitive cost level,” the German industrial giant said. As Europe is bracing for the winter, wholesale electricity prices have jumped in November to the highest level in 20 months, additionally burdening the key industries in major economies that had just started to recover from the 2022 energy crisis.

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Archived As Of November 26, 2024

Germany, Angelica: link here.

Air traffic, air traffic, Dan: link here.

Energy:

• Europe braces for expensive gas next summer, link here.
• with winter still approaching, storage is being emptied faster than usual; gas prices have surges; raising echoes of the 2022 shock: link here.