Articles for Billion Euros

Youngest Dutch Billionaire Max Verstappen Surpasses Richest Family in Wealth Race
1 month, 3 weeks ago

Youngest Dutch Billionaire Max Verstappen Surpasses Richest Family in Wealth Race

NL Times  

The five richest Dutch people have seen a significant increase in their wealth, with the richest family, the Royal Family, increasing their fortune by almost 5 percent to almost 253 billion euros. Max Verstappen, the youngest person on the list at age 27, is among the notable new entrants, with a fortune of 210 million euros.

Entertainment Business Sports Finance
Vincent Labrune re-elected to another 4-year term as French soccer league president
3 months, 1 week ago

Vincent Labrune re-elected to another 4-year term as French soccer league president

Associated Press  

PARIS — French league president Vincent Labrune was re-elected Tuesday to another four-year term with an overwhelming majority. “After a first mandate marked by emergency solutions and long-term responses to the unprecedented crisis in the financing of audiovisual rights, an era of transformation for professional soccer has now begun,” the league said in a statement.” The vote was expected to …

Rights Soccer French League Billion Euros Mediapro Vincent Labrune
EU transfers 1.5 bln euros of frozen Russian assets to aid Ukraine
4 months, 3 weeks ago

EU transfers 1.5 bln euros of frozen Russian assets to aid Ukraine

China Daily  

Xinhua | Updated: 2024-07-27 04:00 Ursula von der Leyen attends a press conference after her re-election for a second term as President of the European Commission, at the European Parliament in Strasbourg, France, July 18, 2024. BRUSSELS -- The European Union announced on Friday that it has transferred 1.5 billion euros worth of frozen Russian assets to support Ukraine. The …

Ukraine Russian Kremlin European Billion Euros
Carmaker Stellantis pledges to tackle problems in North America as profits plunge
4 months, 4 weeks ago

Carmaker Stellantis pledges to tackle problems in North America as profits plunge

Associated Press  

MILAN — Stellantis CEO Carlos Tavares pledged action to tackle problems in North America and elsewhere Thursday after reporting a plunge in first-half earnings. U.S.-European automaker Stellantis reported net profits down by half in the first half of the year due largely to lower sales and restructuring costs. Tavares acknowledged that the performance “fell short of our expectations, reflecting both …

North America Stellantis Billion Euros Tavares
Spain pledges 1 billion euros of military aid to Ukraine in 2024
6 months, 3 weeks ago

Spain pledges 1 billion euros of military aid to Ukraine in 2024

Al Jazeera  

President Volodymyr Zelenskyy says Ukraine needs at least seven more Patriot launchers to defend itself against Russian air attacks. Spain has pledged 1 billion euros in military aid to Ukraine as Prime Minister Pedro Sanchez and Ukrainian President Volodymyr Zelenskyy signed a security deal in Madrid. “It will allow Ukraine to boost its capabilities including its essential air defence systems …

Spain Ukraine Defence Air Military Aid Russian Aid
Only 6 women among top 100 young Dutch self-made millionaires; Many cashing in on AI
7 months, 2 weeks ago

Only 6 women among top 100 young Dutch self-made millionaires; Many cashing in on AI

NL Times  

Men are still very overrepresented on the Quote Top 100 Young Self-made Millionaires ranking. Loes Daniels, founder of Experiencegift, returned to the top 100 this year after several difficult years in the coronavirus pandemic. The Top 100 consists mostly of people in their thirties but also includes seven people in their twenties. The total assets of the 100 richest self-made …

Dutch Young Ai 100 Billion Euros Millionaires
Volkswagen invests 2.5 billion euros to expand innovation hub in China
8 months, 1 week ago

Volkswagen invests 2.5 billion euros to expand innovation hub in China

China Daily  

A Volkswagen car is on display during an expo in Shanghai. HEFEI - Volkswagen Group China on Thursday announced that it will invest 2.5 billion euros in the expansion of its innovation hub in Hefei, the capital of East China's Anhui province, to increase its pace of innovation in China. "This additional investment in the site underlines our ambition to …

China Volkswagen Hefei Billion Euros
Pension fund ABP to invest €30 billion in sustainable projects; €5 bil. in rental homes
9 months, 2 weeks ago

Pension fund ABP to invest €30 billion in sustainable projects; €5 bil. in rental homes

NL Times  

Dutch civil servants pension fund ABP wants to invest an additional 30 billion euros of the cash it manages with a greater focus on impact projects and improved sustainability. The largest pension fund in the Netherlands, which is the fifth largest globally, is looking at readying 5 billion euros just for rental housing in the Netherlands out of 10 billion …

Netherlands Invest Billion Euros Abp 10 Billion Euros
Dutch debt level falls amid €3 billion surplus; Recession slightly worse than thought
1 year ago

Dutch debt level falls amid €3 billion surplus; Recession slightly worse than thought

NL Times  

The Dutch government managed to bring down the national debt, while collecting a surplus of 3 billion euros in revenue during the first three quarters of the year. According to the national statistics office, the government achieved a surplus of 3 billion euros in the first three quarters of 2023. Government debt also decreased by almost 14 billion euros to …

Netherlands Debt Statistics Dutch Economy Billion Quarter Euros
EU releasing 5 billion euros to Poland by year’s end as new government works to restore rule of law
1 year ago

EU releasing 5 billion euros to Poland by year’s end as new government works to restore rule of law

Associated Press  

BRUSSELS — The European Union will by year’s end transfer to Poland the first 5 billion euros in funding that was frozen over democratic backsliding under the previous government, the new Polish prime minister and the European Commission president said Friday. Polish Prime Minister Donald Tusk said the 5 billion euros was arriving symbolically in time for Christmas. This is …

Law Poland End Rule Polish Tusk 5 Billion Euros
Germany pledges to invest 4 billion euros in green energy projects in Africa
1 year, 1 month ago

Germany pledges to invest 4 billion euros in green energy projects in Africa

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ …

Africa Germany Green Energy German Email Verifyerrors Scholz Billion Euros
French luxury group Kering to buy 30% stake in Valentino for 1.7 billion euros cash
1 year, 4 months ago

French luxury group Kering to buy 30% stake in Valentino for 1.7 billion euros cash

Associated Press  

MILAN — French luxury conglomerate Kering has reached a cash deal to purchase a 30% stake in Italian fashion house Valentino for 1.7 billion euros from a Qatari investment firm. Kering on Thursday reported first-half revenues of 10.1 billion euros, up 2%, as Gucci sales stagnate. The partnership could lead to the Qatari investment firm, Mayhoola, becoming a shareholder in …

Milan Gucci Valentino Billion Euros Group Kering Mayhoola
Climate change could cost Germany 900 billion euros by 2050
1 year, 9 months ago

Climate change could cost Germany 900 billion euros by 2050

India Today  

With climate change raging across the world and extreme weather events becoming the norm of the day, countries are highly vulnerable to massive financial damage. A study has now revealed that extreme weather events could cost Germany up to 900 billion euros in cumulative economic damage by mid-century. Germany's economy and environment ministries cited the study as showing that extreme …

Climate Change Climate Damage Extreme Weather Events Billion Ist 900 Billion Euros
Social benefits will cost considerably more due to minimum wage increase
1 year, 10 months ago

Social benefits will cost considerably more due to minimum wage increase

NL Times  

The total cost for social benefits in the Netherlands will be 800 million euros higher this year than previously expected, the said benefits agency UWV on Tuesday. The total amount of benefits distributed this year should amount to 24 billion euros. In addition to the higher costs that are the direct result of increasing the minimum wage, the UWV also …

Benefits Cost Increase Billion Euros Uwv
Barcelona Predict 1.3 Billion Euro Revenue For 2022-23 Season, Forecast 274 Million Euros Profit
2 years, 3 months ago

Barcelona Predict 1.3 Billion Euro Revenue For 2022-23 Season, Forecast 274 Million Euros Profit

News 18  

Barcelona have forecast revenue of 1.255 billion euros for the 2022-23 season, with a predicted profit of 274 million euros. Barcelona also sold 24.5 per cent of their Barca Studios production company to fan token firm Socios.com and the same amount again to Orpheus Media, for around 100 million euros each. These deals, plus the return of supporters in droves …

Barcelona Million Billion Euros Euro Revenue
Ukraine latest updates: Kyiv ‘controls half of Severodontesk’
2 years, 6 months ago

Ukraine latest updates: Kyiv ‘controls half of Severodontesk’

Al Jazeera  

Latest updates June 5, 2022: Kyiv says it has retaken 50 percent of the eastern city as Ukraine’s military pushes Russian forces back. “Half of the city is actually controlled by our forces.” 5 Jun 2022 - 17:39 GMT Ukraine needs ‘constant’ aid until Russia is defeated: Kyiv Ukraine’s deputy defence minister has stressed that the country needed continuous military …

Europe France Brussels Ukraine Russia Gas City
Russia-Ukraine crisis live updates | EU makes eleventh-hour push to agree on Russia oil sanctions
2 years, 6 months ago

Russia-Ukraine crisis live updates | EU makes eleventh-hour push to agree on Russia oil sanctions

The Hindu  

Russian and Ukrainian troops traded blows in fierce close-quarter combat on May 29 in an eastern Ukrainian city as Moscow’s soldiers, supported by intense shelling, attempted to gain a strategic foothold to conquer the region. - AFP European Union EU makes eleventh-hour push to agree on Russia oil sanctions Top European Union diplomats meet on May 30 for a last-ditch …

Support France Spain Ukraine Russia Oil Germany
Germany pledges 10 billion euros for India's climate action targets
2 years, 7 months ago

Germany pledges 10 billion euros for India's climate action targets

The Hindu  

Germany on Monday committed an additional 10 billion euros assistance to India to help achieve climate action targets set for 2030 which include sourcing 50% energy requirement from renewables and installing 500 GW of non-fossil fuel electricity capacity. "Germany intends to strengthen its financial and technical cooperation and other assistance to India with a long-term goal of at least 10 …

India Energy Climate Germany Indian German Both Sides
War in Ukraine: EU Nations Have Frozen 30 Billion Euros in Russian, Belarusian Assets
2 years, 8 months ago

War in Ukraine: EU Nations Have Frozen 30 Billion Euros in Russian, Belarusian Assets

News 18  

The EU has so far frozen nearly 30 billion euros in assets from blacklisted Russian and Belarusian individuals and companies under sanctions imposed for Moscow’s war in Ukraine, it said Friday. The EU’s figures were partial, based on data from around half of the EU’s 27 member states given to the bloc’s “Freeze and Seize” task force operating in coordination …

Ukraine Sanctions Russian Belarusian Billion Euros
Man United tops league of transfer losses with 1 billion euro net spend
2 years, 10 months ago

Man United tops league of transfer losses with 1 billion euro net spend

The Hindu  

Manchester United returned to the top of the table on Monday but not the one it was hoping for as it was named the club with the biggest transfer losses in the last decade, splashing out more than one billion euros on players. A study published by Switzerland-based independent research group CIES Football Observatory revealed United had a net spend …

Barcelona City Million United Billion Euros League Transfer Spend Man
Netherlands expects €1 billion less in EU Covid support
2 years, 10 months ago

Netherlands expects €1 billion less in EU Covid support

NL Times  

The Netherlands expects to receive over 1 billion euros less in European coronavirus support than previously thought, Finance Minister Sigrid Kaag wrote in a letter to parliament. The Netherlands now expects to receive 4.7 billion euros instead of the 6 billion euros the Cabinet previously assumed. The lower amount is because the Dutch economy sustained less damage from the coronavirus …

Netherlands Cabinet Kaag Billion Euros
Forget IRL Bling. What About Rolex, Hermes and Gucci NFTs?
3 years ago

Forget IRL Bling. What About Rolex, Hermes and Gucci NFTs?

Live Mint  

Time to get ready for the party. LVMH Moet Hennessy Louis Vuitton SE, Burberry Group Plc, Moncler SpA, Ralph Lauren Corp. and Kering’s Gucci have all participated in gaming collaborations. According to Morgan Stanley, luxury groups could generate sales of about 10 billion euros from gaming by 2030, although this could be as high as 25 billion euros in its …

Luxury Gucci Burberry Virtual Morgan Stanley Louis Vuitton Nfts
EU warns Poland it will pay for challenging common law
3 years, 2 months ago

EU warns Poland it will pay for challenging common law

CNN  

The European Commission’s chief executive warned Poland on Tuesday that its challenge to the supremacy of European Union law called into question the very foundations of the 27-nation bloc and could not go unpunished. Poland’s Constitutional Tribunal ruled last week that parts of EU law are incompatible with the Polish constitution, undermining the legal pillar on which the union stands …

Law Poland European Polish Billion Euros Morawiecki
Municipalities to get an extra €1.3 billion for youth care
3 years, 6 months ago

Municipalities to get an extra €1.3 billion for youth care

NL Times  

Dutch municipalities will receive an additional 1.3 billion euros next year to close up gaps in youth care in addition to 300 million euros in extra funding already committed. The support from the national government also requires municipalities to take measures to cut 214 million in certain youth care expenditures. It ruled that the State had to close the financial …

State Billion Euros Municipalities Youth Care