Money Talks: Business from the Heart of Europe
Published on Nov 11, 2008 in Business
Listing 31-60 of 72 episodes
Money Talks: Business from the H...
November 11, 2008
This week on Money Talks: We look at the IMF emergency loan for Hungary – See the plans for Mercedes-Benz’s new plant in Hungary – Find out more ab... More
This week on Money Talks: We look at the IMF emergency loan for Hungary – See the plans for Mercedes-Benz’s new plant in Hungary – Find out more about Deutsche Post slashing jobs in the US – Changes to air fares advertising in Europe – and green thumbs help German family business thrive IMF Board Approves Emergency Loans for Ukraine and Hungary The International Monetary Fund approved emergency loans for Ukraine and Hungary. Both countries have found themselves in financial jeopardy during the global credit crisis. Money Talks speaks to Dr Christian Dreger, an economist with The German Institute for Economic Research (DIW), in Berlin and asked him what the IMF emergency loans mean for Ukraine and Hungary. (Interview: Cheryl Northey) Mercedes Plans New Manufacturing Plant in Hungary Hungary's government and Mercedes Benz have signed an agreement on a new factory in southern Hungary. Mercedes Benz and Hungary’s Finance Minister, Gordon Bajnai, have signed a contract for a new factory to be built in the Hungarian city of Kecskemet. The deal sees Mercedes investing millions of euros for a production plant that will create thousands of new jobs. Mercedes-Benz plans to start production as early as 2012. (Report: Harriett Ferenczi / Catherine Graue) Deutsche Post Slashing DHL Express Jobs in the United States Deutsche Post's job cut plans will reduce DHL Express' US workforce from 18,400 down to around 3,500. Deutsche Post is pulling out of the US express delivery market and axing nearly 15 thousand jobs. The Bonn-based company hopes to put an end to years of billion euro losses by focusing its energies on its international express delivery service. (Report: Susan Houlton) New EU Air Services Framework a Win for Consumers The new EU legislation came in force requiring airlines include all taxes and charges to appear on their ticket prices. The EU hopes the price transparency regulation will lead to greater competition between airlines and a fairer deal for customers. Money Talks speaks with Andrew Clarke, Director of Air Transport Policy with the European Regions Airline Association about the pricing changes. (Interview: Cheryl Northey) Green Thumbs Keep Family Business Thriving The Lorenz von Ehren Nursery in Hamburg, Germany has over five generations of experience. Many tourists who saunter down the Champs-Élysées in Paris do not realise that the sycamore and chestnut trees they admire are actually imports from Germany. The trees are actually from one of Germany’s high end nurseries, the Lorenz von Ehren Nursery in Hamburg. Established in 1865, von Ehrens has been operating for over 140 years and last year made a profit of 21 million euros. (Report: Linda Vierecke, DW-TV) Less
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Copyright: 2008 DW-WORLD.DE, Deutsche Welle
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