Germany

Businesses and public authorities across the EU may be facing tougher laws on late payments, with the European Commission proposing a new regulation enforcing maximum 30-day terms. 

One year after an EU court ruling on beneficial ownership registers left civil society and journalists in 13 countries encountering obstacles or completely unable to access information regarding companies’ real owners, Transparency International (TI) has published analysis of how different European states have responded by introducing disparate approaches to beneficial ownership access.

Alex Gray, Director of Trade and Transaction Banking at the London Institute of Banking & Finance, outlines why the drive for net zero will change trade patterns, why technology could make those changes unpredictable, and how trade professionals can prepare.

Germany and Chile are set to establish a coalition of governments at the COP28 climate summit next week, aiming to support developing nations in investing in the decarbonisation of industries… read more →

The German branch of the International Chamber of Commerce, ICC Germany, in collaboration with financial technology firm MonetaGo, has released a report stating that digitalisation is key to combating global… read more →

Today, the OECD released their International Trade Statistics report for Q2 2023. The report offers an insight into the global trade landscape, highlighting significant shifts and trends. With a decline in G20 merchandise trade and a marked slowdown in services trade, the report paints a complex picture of international commerce. 

The U.S. Commerce Department announced on Thursday its intention to apply preliminary anti-dumping duties to tin-plated steel imports from Canada, Germany, and China. This decision excluded five nations, bringing a… read more →

German industrial production declined more sharply than anticipated in June, data released on Monday revealed, highlighting the difficulties encountered by manufacturing amidst a downturn in Europe’s largest economy. Production decreased… read more →

The eurozone witnessed a return to growth during the second quarter of 2023, recording an expansion that surpassed expectations, having just about dodged a technical recession at the year’s commencement,… read more →

Economically disadvantaged people have been trafficked into countries as sources of “cheap” labour throughout history. The International Labour Organization estimates more than 50 million people around the world are trapped in some form of modern slavery.

The 8th EU Federation (EUF) & FCI EU Factoring Summit will take place on 20-21 April 2023 in Cologne, Germany. FCI and EUF represent over 98% of all European market… read more →

Alex Gray, head of trade finance at The London Institute of Banking & Finance, explains why the staff at trade banks will have an important role to play in gathering and utilising ESG data from supply chains 

In light of the current landscape, Trade Finance Global (TFG) were delighted to have the opportunity to speak with Liliana Fratini Passi, Managing Director, CBI, about how innovating and collaborating may be the way forward. 

Trafigura, a market player in the global commodities industry, has entered into a $3 billion four-year loan jointly arranged and underwritten by Deutsche Bank and another international bank and syndicated… read more →

In a bid to diversify energy sources and become more eco-friendly, Germany has enacted a grand push toward natural gas.