Tag #Privatization

Showing 121 to 132 of 149 results

dailymail.co.uk

🌐 75% Global Worthiness

Dec 18, 04:08

Royal Mail Golden Share Deal Raises Concerns

Czech billionaire Daniel Kretinsky acquired a stake in Royal Mail through a deal with the UK government involving a 'golden share', raising concerns about the protection of British interests and the strategic use of such shares; separately, the Ministry of Defence paid £6bn to regain control of 36,0...

Royal Mail Golden Share Deal Raises Concerns

Czech billionaire Daniel Kretinsky acquired a stake in Royal Mail through a deal with the UK government involving a 'golden share', raising concerns about the protection of British interests and the strategic use of such shares; separately, the Ministry of Defence paid £6bn to regain control of 36,0...

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What are the immediate consequences of using a 'golden share' in the Royal Mail deal, and how does it impact British interests?

The Czech billionaire Daniel Kretinsky's deal with the UK government for Royal Mail includes a controversial 'golden share', a tool typically used to protect strategic assets from foreign takeovers. However, in this instance, the golden share is facilitating Kretinsky's acquisition and control, raising concerns about the deal's fairness. This has led to criticism that the government is not protecting British interests.

zeit.de

🌐 75% Global Worthiness

Dec 18, 22:08

Erzgebirgskreis Sells Fichtelberghaus to Private Investor for €1.975 Million

The Erzgebirgskreis sold the Fichtelberghaus, a popular tourist destination in Saxony's Erzgebirge, to Fichtelberghaus Invest GmbH for €1.975 million, due to high renovation costs. The sale includes a clause ensuring continued operation as a restaurant and hotel, while a separate smaller plot was so...

Erzgebirgskreis Sells Fichtelberghaus to Private Investor for €1.975 Million

The Erzgebirgskreis sold the Fichtelberghaus, a popular tourist destination in Saxony's Erzgebirge, to Fichtelberghaus Invest GmbH for €1.975 million, due to high renovation costs. The sale includes a clause ensuring continued operation as a restaurant and hotel, while a separate smaller plot was so...

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Sustainable Cities and Communities

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What are the immediate financial and operational consequences of the Erzgebirgskreis selling the Fichtelberghaus?

The Erzgebirgskreis sold the popular Fichtelberghaus to Fichtelberghaus Invest GmbH for €1.975 million. The buyer, a Vogtland-based family, is the current lessee and will be responsible for substantial renovations, including ventilation, fire safety, and bathroom upgrades, estimated to cost tens of millions of Euros. A small adjacent plot was sold separately to the city of Oberwiesenthal.

dailymail.co.uk

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Dec 17, 01:10

Royal Mail Sold to Czech Billionaire: End of 500 Years of British Ownership

The UK government approved a £3.6 billion takeover of Royal Mail by Czech billionaire Daniel Kretinsky, ending 500 years of British ownership, despite concerns about price hikes and service quality; the deal includes government oversight via a 'golden share'.

Royal Mail Sold to Czech Billionaire: End of 500 Years of British Ownership

The UK government approved a £3.6 billion takeover of Royal Mail by Czech billionaire Daniel Kretinsky, ending 500 years of British ownership, despite concerns about price hikes and service quality; the deal includes government oversight via a 'golden share'.

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What are the immediate consequences of the UK government's approval of Royal Mail's sale to a Czech company?

The UK government approved a £3.6 billion takeover of Royal Mail by Czech billionaire Daniel Kretinsky, marking the first foreign ownership in 500 years. This decision follows a national security review and includes a 'golden share' for the government, granting veto power over key decisions. Concerns remain regarding potential price hikes and service quality declines, despite assurances from Kretinsky.

cnn.com

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Dec 16, 19:12

Royal Mail Sold to Czech Billionaire, Commitments Made to Secure UK Operations

Czech billionaire Daniel Křetínský's EP Group will buy Royal Mail for £3.6 billion, committing to keep its UK headquarters and tax residency for five years, maintain its universal service obligation, and negotiate with unions; this follows years of losses and unmet delivery targets for the postal se...

Royal Mail Sold to Czech Billionaire, Commitments Made to Secure UK Operations

Czech billionaire Daniel Křetínský's EP Group will buy Royal Mail for £3.6 billion, committing to keep its UK headquarters and tax residency for five years, maintain its universal service obligation, and negotiate with unions; this follows years of losses and unmet delivery targets for the postal se...

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What are the key terms of the Royal Mail sale to EP Group, and what immediate consequences will this have for Royal Mail's operations and employees?

Czech billionaire Daniel Křetínský's EP Group will acquire Royal Mail for £3.6 billion, keeping its headquarters and tax residency in the UK for at least five years. This deal includes maintaining Royal Mail's universal service obligation and negotiating with unions. The sale follows years of losses and unmet delivery targets for Royal Mail, resulting in a recent £10.5 million fine from Ofcom.

kathimerini.gr

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Dec 16, 19:13

Neoliberal Economic Policies: From Chile to Argentina and Beyond

In 1973, 'The Chicago Boys' implemented neoliberal policies in Chile, later adopted globally by leaders like Reagan and Thatcher; today, Argentina's President Milei and US President Trump are exploring similar approaches, potentially impacting global economic systems.

Neoliberal Economic Policies: From Chile to Argentina and Beyond

In 1973, 'The Chicago Boys' implemented neoliberal policies in Chile, later adopted globally by leaders like Reagan and Thatcher; today, Argentina's President Milei and US President Trump are exploring similar approaches, potentially impacting global economic systems.

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Reduced Inequality

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How did the global adoption of neoliberal economic policies affect different political systems and ideologies?

The neoliberal revolution, starting in Chile under Pinochet's dictatorship, spread globally, impacting policy decisions in numerous countries. This model, emphasizing deregulation and privatization, contrasted sharply with existing socialist and interventionist approaches.

torino.repubblica.it

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Dec 15, 10:07

Piedmont Committee Launches Referendum Against Healthcare Privatization

A committee in Piedmont, Italy is organizing a referendum to halt the increasing privatization of healthcare services, citing insufficient funding and long waiting lists; they aim to collect 600 signatures by January to initiate the process.

Piedmont Committee Launches Referendum Against Healthcare Privatization

A committee in Piedmont, Italy is organizing a referendum to halt the increasing privatization of healthcare services, citing insufficient funding and long waiting lists; they aim to collect 600 signatures by January to initiate the process.

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Good Health and Well-being

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What are the immediate goals and steps of the planned referendum against the privatization of healthcare in Piedmont, Italy?

In mid-December, the Committee for the Right to Health in Piedmont, Italy, began organizing a referendum to oppose the region's increasing reliance on private healthcare. The committee aims to collect 600 signatures for the regional council and obtain approval from a seven-member guarantee commission before proceeding with the referendum.

welt.de

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Dec 18, 13:13

Wissing Opposes Deutsche Bahn Split, Prioritizing Funding for Track Renovations

German Verkehrsminister Volker Wissing opposes splitting Deutsche Bahn, prioritizing securing funding for crucial track renovations over increased competition; 700 million Euro in subsidies are currently blocked, jeopardizing projects and potentially causing delays and cost overruns.

Wissing Opposes Deutsche Bahn Split, Prioritizing Funding for Track Renovations

German Verkehrsminister Volker Wissing opposes splitting Deutsche Bahn, prioritizing securing funding for crucial track renovations over increased competition; 700 million Euro in subsidies are currently blocked, jeopardizing projects and potentially causing delays and cost overruns.

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Industry, Innovation, and Infrastructure

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Why has Verkehrsminister Wissing changed his stance on splitting Deutsche Bahn?

Wissing's shift reflects a change in priorities. While the initial idea was to increase competition through a split, the current challenge is funding the Deutsche Bahn's necessary infrastructure renovations. The 700 million Euro blockage for construction subsidies highlights the financial constraints.

taz.de

🌐 65% Global Worthiness

Dec 18, 19:11

Schön Clinics Delays Job Cuts Amidst Union Pressure

Schön Clinics in Rendsburg and Eckernförde will not issue January termination notices to approximately 250 employees, but job cuts remain likely, prompting upcoming negotiations between the clinic group and the works council.

Schön Clinics Delays Job Cuts Amidst Union Pressure

Schön Clinics in Rendsburg and Eckernförde will not issue January termination notices to approximately 250 employees, but job cuts remain likely, prompting upcoming negotiations between the clinic group and the works council.

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Decent Work and Economic Growth

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What are the key concerns of the union regarding the outsourcing of service jobs at Schön Clinics?

Schön Clinics initially planned to outsource service jobs (cleaning, catering, administration, IT), leading to fears of lower wages and potential job losses. The works council threatened legal action, prompting the clinic to halt the planned January terminations and enter negotiations.

bbc.com

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Dec 16, 01:09

UK Government Approves Royal Mail Sale to Czech Billionaire

The UK government approved the £3.6 billion sale of Royal Mail to Daniel Kretinsky's EP Group, including worker concessions and a government "golden share", despite recent service failures and Ofcom fines, aiming to modernize the service and improve profitability.

UK Government Approves Royal Mail Sale to Czech Billionaire

The UK government approved the £3.6 billion sale of Royal Mail to Daniel Kretinsky's EP Group, including worker concessions and a government "golden share", despite recent service failures and Ofcom fines, aiming to modernize the service and improve profitability.

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What are the immediate consequences of the UK government's approval of Royal Mail's sale to Daniel Kretinsky?

The UK government approved the £3.6 billion sale of Royal Mail to Czech billionaire Daniel Kretinsky's EP Group, retaining a "golden share" to control major changes. The deal includes a 10% dividend share for Royal Mail workers and a new worker's council. This follows concerns about Royal Mail's declining performance and recent Ofcom fines for missed delivery targets.

theguardian.com

🌐 85% Global Worthiness

Dec 16, 19:13

Křetínský's Royal Mail Takeover Approved: Lockers and Service Changes Planned

Czech billionaire Daniel Křetínský's takeover of Royal Mail's owner has been approved, with plans to invest in delivery lockers and maintain the universal service obligation, despite proposed reductions in second-class letter deliveries and potential job losses. The acquisition follows years of chal...

Křetínský's Royal Mail Takeover Approved: Lockers and Service Changes Planned

Czech billionaire Daniel Křetínský's takeover of Royal Mail's owner has been approved, with plans to invest in delivery lockers and maintain the universal service obligation, despite proposed reductions in second-class letter deliveries and potential job losses. The acquisition follows years of chal...

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How does Křetínský's acquisition of Royal Mail reflect broader trends in the privatization and restructuring of national postal services?

Křetínský's diverse portfolio suggests a strategic approach to acquiring undervalued assets across sectors. His commitment to maintaining Royal Mail's universal service obligation, while potentially modernizing delivery methods like introducing more lockers, indicates a long-term investment strategy rather than a short-term profit-seeking endeavor. However, planned reductions in second-class mail delivery frequency raise concerns about service changes.

nrc.nl

🌐 75% Global Worthiness

Dec 16, 22:09

Dutch Parliament Blocks Volksbank Privatization

The Dutch House of Representatives will vote Wednesday on a motion to keep the nationalized Volksbank in state hands, defying the government's privatization plans due to concerns over the bank's crucial nationwide branch network for financial accessibility.

Dutch Parliament Blocks Volksbank Privatization

The Dutch House of Representatives will vote Wednesday on a motion to keep the nationalized Volksbank in state hands, defying the government's privatization plans due to concerns over the bank's crucial nationwide branch network for financial accessibility.

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Reduced Inequality

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Will the Dutch government maintain its plan to privatize Volksbank, despite the parliamentary motion opposing privatization?

The Dutch House of Representatives wants to keep Volksbank, a nationalized bank, in state hands. A motion to this effect, supported by a majority of parliamentary factions, will be voted on Wednesday. The Minister of Finance initially aimed for privatization.

kathimerini.gr

🌐 75% Global Worthiness

Dec 13, 10:10

HELLENiQ ENERGY: Εξαγορά Elpedison και πώληση μεριδίου ΔΕΠΑ Εμπορίας

Η HELLENiQ ENERGY εξαγόρασε το 100% της Elpedison έναντι 164 εκατ. ευρώ (με πιθανή αύξηση κατά 30 εκατ. ευρώ), και σχεδιάζει να πουλήσει το μερίδιό της στη ΔΕΠΑ Εμπορίας προς το ΤΑΙΠΕΔ έναντι περίπου 200 εκατ. ευρώ, δημιουργώντας έτσι έναν πλήρως καθετοποιημένο πάροχο ενέργειας.

HELLENiQ ENERGY: Εξαγορά Elpedison και πώληση μεριδίου ΔΕΠΑ Εμπορίας

Η HELLENiQ ENERGY εξαγόρασε το 100% της Elpedison έναντι 164 εκατ. ευρώ (με πιθανή αύξηση κατά 30 εκατ. ευρώ), και σχεδιάζει να πουλήσει το μερίδιό της στη ΔΕΠΑ Εμπορίας προς το ΤΑΙΠΕΔ έναντι περίπου 200 εκατ. ευρώ, δημιουργώντας έτσι έναν πλήρως καθετοποιημένο πάροχο ενέργειας.

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Affordable and Clean Energy

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Ποιες είναι οι άμεσες συνέπειες της εξαγοράς της Elpedison από την HELLENiQ ENERGY;

Η HELLENiQ ENERGY απέκτησε το 100% της Elpedison έναντι 164 εκατ. ευρώ, με δυνατότητα αύξησης κατά 30 εκατ. ευρώ. Η εξαγορά αναμένεται να δημιουργήσει σημαντικές συνέργειες και να αυξήσει την αξία της εταιρείας. Η εταιρεία σχεδιάζει επίσης την πώληση του μεριδίου της στη ΔΕΠΑ Εμπορίας.

Showing 121 to 132 of 149 results