“Depending on who you ask, Nord Stream 2 is either a sustainable way to ensure European energy security or a proxy for Russian hybrid warfare. Or both.” – by Evgenios Zogopoulos
Germany
Nord Stream: A Roadmap for Secure and Safe Gas for Europe or a Continental Power Play? (Energy Industry Review)
U.S. Efforts To Derail Russian Pipelines To Europe Have Failed Since The 1960s (RFERL)
“The Trump administration and the U.S. Congress are fighting to block the 9.5 billion-euro ($10.6 billion) Nord Stream 2 project amid fears it will make NATO allies and other European countries more reliant on Russian energy and damage Ukraine by depriving it of transit fees.” – by Todd Prince
European Alternatives Industry Hits €1.62 Trillion in Assets (CIO)
“Despite the European macroeconomic picture being “muted” for the past two years, last year saw record activity in most alternative asset classes. European alternative asset fund managers held €1.62 trillion ($1.82 trillion) in assets as of June 2018, up €300 billion in three years” – by Michael Katz
Navigating Europe in 2019
Themes and Risks Investors in Europe to Consider in 2019
We are nearly 20 years into the new millennium and it is an unrecognizable place compared to when it started. Lehman is gone, Bear Stearns – gone, Merrill Lynch – acquired, Citigroup is a fraction of its former self. Blockbuster, Toys R Us, Woolworths are all part of the history books now. Europe, where we […]
Germany needs LNG terminals (Handelsblatt)
There’s significant evidence that increasing competition in the gas market would be both good for German consumers and the security of the LNG supply, two experts argue.
Too many life insurers still caught in interest-rate trap (Handelsblatt)
According to a recent report by the finance ministry, 34 life insurers – about 40 percent of the country’s total – are under special scrutiny by BaFin, Germany’s financial supervisory authority.
How Germany’s version of the class-action lawsuit functions (Handelsblatt)
The VW investor lawsuit looks like a US-style class action but it isn’t. The possibilities for suing companies are more limited in Germany, though they’re changing
Scholz echoes French call for EU defense to cut US dependency (Handelsblatt)
“German Finance Minister Olaf Scholz , [while] visiting his French counterpart Bruno Le Maire, urged a consolidation of Europe’s defense industry to make the European Union less dependent on US suppliers.”
Market Forces Drive Deconsolidation at German Companies (Handelsblatt)
Traditional German conglomerates and Mittelstand face increasing pressure as technology continues to disrupt business models and shareholders become more receptive to “locusts” funds pushing activist agendas.
Elliott Interview on thyssenkrupp in Die Welt (German only)
Elliott argues it is not pushing for a break-up of thyssenkrupp but that it is in favour selling smaller parts of the business and pursuing more JVs.