Michael Phoch

Michael Phoch
Americanstocknews - 20 years of experience in mass media

The European Commission approves €550 million German support to compensate Deutsche Bahn for damages suffered by its subsidiary DB Fernverkehr due to the coronavirus outbreak

The European Commission has found a €550 million German support measure in favor of Deutsche Bahn AG (“Deutsche Bahn”) to be in line with EU State aid rules. The measure, which will take the form of an equity injection, aims at compensating Deutsche Bahn for damages suffered by its subsidiary DB Fernverkehr due to the

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EU strengthens support to speed up vaccination in the Eastern Partnership region

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As part of the European Union's efforts to support vaccination in partner countries, the Commission today increased from €40 million to €75 million its assistance package to deploy safe and effective COVID-19 vaccines and speed up the vaccination campaigns in the six Eastern Partnership countries: Armenia, Azerbaijan, Belarus, Georgia, Republic of Moldova and Ukraine.

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