Companies feel pressure of the media and politicians, have little options for manoeuvre
The list of companies cutting ties with Russia is getting longer and longer. In response, the country took the first step towards adopting a law that allows nationalizing…
Continue ReadingA relatively insignificant court case opens a Pandora box for Britain and Germ
Advocate General Collins concludes that it is not contrary to EU law that Germany refuses to offset the losses of a UK branch of W AG in Germany.…
Continue ReadingEvofenedex clarifies some of the Brexit-related issues
Brexit has been a fact for over a year now. Companies exporting to the United Kingdom (UK) changed from an indoor to an outdoor importer on January 1,…
Continue ReadingWhat if Russia really turns off the gas?
Russia has for the first time threatened to shut down the gas tap to Germany if there would be sanctions on the import of Russian oil. Russia supplies…
Continue ReadingLithuania and the UK want SWIFT to cut off Russian banks completely
The Lithuanian and British foreign ministers on Thursday after a meeting in Vilnius are calling for all Russian banks to be removed from the international payment system SWIFT.…
Continue ReadingAlexey Mordashov steps down from TUI Supervisory board
TUI Group announces that shareholder Alexey Mordashov will immediately step down from the Supervisory Board of the Travel Group, after EU sanctions deprive it of access to its…
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