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Inflation and Deflation in the Euro Area

Inflation and Deflation in the Euro Area
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From goal posts to fishnets, German investor Windhorst hurries to clear billion-plus debt

Publishing date: Aug 04, 2021  •  8 hours ago  •  3 minute read  •  Article content FRANKFURT Lars Windhorst, the businessman behind German soccer club Hertha Berlin, said he will repay more than 1 billion euros ($1.2 billion) within months, by selling assets to rid himself of debt and get his finances on a stable footing. Windhorst told Reuters in a rare interview that his investments, which include Italian lingerie firm La Perla, a 236-meter tall New York apartment block and a shipbuilder, were worth between 3 and 4 billion euros, outstripping his debts. We apologize, but this video has failed to load. Try refreshing your browser, or Article content As the main investor in one of Germany’s biggest soccer clubs, Windhorst’s financial situation is closely watched, not least because Hertha’s future depends on the support of one of the country’s highest-profile businessmen.

Outdoor bar company has lost thousands over council s license refusal

Outdoor bar company has lost thousands over council s licensing refusal Smart Car Bar claims North Lanarkshire Council is the only local authority in Scotland that has turned the company down for an occasional license. Updated Smart Car Bar staff Get the latest top news stories sent straight to your inbox with our daily newsletterInvalid EmailSomething went wrong, please try again later. Subscribe We use your sign-up to provide content in ways you ve consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time.More info

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