BNRG was founded in Dublin in 2001 by Neil Holman and David Maguire. Headquartered in Dublin’s International Financial Services Center, it is now a major part of the IDA’s Green IFSC Initiative. They are focused on developing a solar park and are investing in the IDA Green Initiative along with London-based Lightsource Renewable Energy. As…
Author Archives: Derrik Brunner
Fight Over Gibraltar Heats Up
“Hands off our Rock, that’s what I say.” These are recent words from London mayor Boris Johnson, as published in Monday’s Daily Telegraph. He issued a stern warning to Spain over Gibraltar after Madrid said that they would be taking “all necessary measures” to defend their interests in Gibraltar. Mayor Johnson increased border checks and…
Latvia News: Adopting to the Euro
In recent Latvia news, that is making the European finance ministers excited, they will soon be adopting the euro currency. This is a sign of progress for the EU, amid their predominant economic gloom. They have just won the approval to become the 18th European Union country to now use the euro. Tomorrow, the final…
Problems in Portugal
Portugal is certainly going through a great deal of upheaval and heading for political crisis. Prime Minister Pedro Passos Coelho held meetings recently with the leader of the rightist CDS-PP party. The recent resignation of finance minister Vitor Graspar and foreign minister Paulo Portas have threatened the government’s majority in parliament. The economy is at…
EU Car Sales in May Fell Drastically
EU car sales in May fell drastically, showing a 20 year low. This is due to rising jobless issues caused by the continued recession in the euro region that is hitting PSA Peugeot Citroen, Renalut SA and General Motors Co. Registrations across the 27 member EU dropped 5.9 % to 1.04 million vehicles in May….
Hungary Awaiting Announcement to be Removed from EDP List
Hungary is awaiting the announcement that the European Commission may make soon, proposing that they remove the country from the bloc’s list of fiscal offenders next month. The Commission’s economic and monetary affairs spokesman, Simon O’Conner, said that he will make no comment until May 29. Hungary has been on the list since joining the…
Second Thoughts About The Euro
We all have second thoughts about decisions we make. Some of them, however, are about more important topics than others. The leftwing opposition politician who helped to put the euro in place now says it’s time to abandon this currency. Oskar Lafontaine, Germany’s finance minister when the euro was adopted, now says that the enormous…
Denmark Repeals Tax on Soda and Beer
In a move that would certainly have some gasping (including Michael Bloomberg, the New York Mayor), Denmark has decided to repeal its country’s tax on sodas and beer. The soda tax will be cut in half in July and then eliminated entirely next year. Their current tax of 52 cents for a 1.5 liter bottle…
General Motors Financial Company Acquires Equity Interest
In a savvy financial move, General Motors Financial Company, which is a fully-owned subsidiary of General Motors, has just acquired equity interest in Latin America and Europe. As was reported, they have “the top-level holding companies that comprise substantially all of Ally Financial, Inc.’s automotive finance and financial services businesses in Latin America and Europe.”…
EU Recruiting More Irish Applicants
The number of Irish applicants for jobs with the EU has been so low lately as to cause the European Personnel Selection Office, the EU’s recruitment body, to specifically try to recruit more Irish. As the Minister of State of European Affairs Lucinda Creighton said, “I am very concerned and it is something I have…
