European photovoltaics is booming, says Fraunhofer ISE optics.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from optics.org Daily Mail and Mail on Sunday newspapers.
Europe locked its economy in place. Unlocking it could be ugly
Europe’s enthusiasm for job-furlough programs is partly based on Germany’s experience during the 2008-09 global financial crisis
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For nearly a year, large swaths of Europe’s economy have been in a deep freeze.
Trillions in state-backed subsidies and inexpensive loans have kept businesses alive, while governments pay millions of furloughed workers to stay home. In much of Europe, layoffs or forced bankruptcies are banned.
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2021-01-26 15:05:28 GMT2021-01-26 23:05:28(Beijing Time) Xinhua English
FRANKFURT, Jan. 26 (Xinhua) German machinery manufacturers taking a survey expected progress in the sales on the Chinese market in 2021, according to the German Mechanical Engineering Industry Association (VDMA) on Tuesday.
Forty-three percent of the companies expect progress especially in the sales markets of China and North America, and another 14 percent of the companies even consider a significant improvement possible on the Chinese sales market, the VDMA commented on the results of a recent survey, in which 575 member companies took part.
Overall, the German mechanical and plant engineering sector is cautiously optimistic about 2021. About three out of four companies expect their turnover to grow, mostly considering single-digit growth rate to be realistic, the survey results showed.
Future fuels change the balance of power theiet.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theiet.org Daily Mail and Mail on Sunday newspapers.
Europe has set itself an ambitious and unique goal: to be the first climate-neutral continent by 2050. From an industrial point of view, this is a challenging and worthy task. But such sustainable goals can only be reached by carefully considering the role of industry and its contribution.
By “industry”, I not only refer to the big multinationals that are omnipresent in our daily lives. I have in mind the thousands of small and medium businesses across Europe which contribute to the well-being of our economy, supply solutions for sustainable and green products, drive innovation and provide jobs for hundreds of thousands of people.