The euro is facing a very challenging period, German Chancellor Angela Merkel said on Monday, adding she believed Greece would be able to fulfill budget targets designed to restore confidence in the currency. Speaking at a joint news conference with Spanish Prime Minister Jose Luis Rodriguez Zapatero, Merkel said all euro zone states would be hurt if markets could attack the euro. Read the article..
German trade fair organisers plan to organize 242 events abroad in the next year, while in 2009 "only" 214 fair trades had been hold abroad.
German trade fair organisers are aiming to organise 157 international trade fairs at home this year. AUMA - the Association of the German Trade Fair Industry estimates the trade fair sector to produce stable results in 2010. Exhibitor and visitor numbers and rented space at trade fairs are expected to average nearly the same as at previously held events. Despite initial signs of a general economic recovery the trade fair industry is not yet expected to grow in 2010, as many of the cost-cutting measures decided upon by exhibiting companies last year will only begin to take effect now.
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In the United States, two significant bills pending in Congress would adopt some of the tactics employed by Germany and other European nations to reduce emissions. They include tighter building codes, more support for renewable energies and a carbon trading system requiring companies to buy permits to pollute above certain levels. ad_icon There are also some key differences. Rather than taxing consumers directly, as the Germans have done, the United States would place the financial burden of cleaner energy on utility companies. Read the article...
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