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Elon Musk holds up a chainsaw brought to him by Argentinian President Javier Milei. Radical approaches to cutting red tape are celebrated at the CPAC conference in Maryland.

Brussels' nail file versus Washington's chainsaw

The approaches to reducing bureaucracy between DOGE in the United States and the Omnibus package in the European Union could hardly be more different. This is partly due to cultural factors.Show more

Reducing bureaucracy

von Sebastian Schmid

Elon Musk, head of the Department of Government Efficiency (DOGE) between Secretary of Commerce Howard Lutnick and Stephen Miller, Chief of Staff at the White House.

The influence of Musk

Elon Musk – from a celebrated genius to a controversial man at the centre of power. Europe has followed his e-mobility course, and has thus given him a competitive advantage. Show more

OpinionElectromobility

von Sebastian Schmid

The acquisition of ITA Airways by Lufthansa is far from a done deal.

Lufthansa entry into Italy on the brink of collapse

The European Commission has expressed reservations regarding Lufthansa's planned takeover of ITA Airways. Lufthansa might need to make further concessions to get the deal approved. Show more

OpinionEU holding up Lufthansa deal

von Lisa Schmelzer

Headquarters of German banks dominate the skyline in Frankfurt am Main.

German banks urge politicians to introduce reforms

Germany's commercial banks have called on the government to introduce extensive reforms to get the economy moving again. And they are pressing for a postponement to the introduction of Basel III. Show more

German Banking Congress

von Angela Wefers