The German government will set up a new state-owned company which will provide startups with the money they need to transform a great idea into a successful business, Spiegel reports. As of 2018, startups will be able to apply to a new state-owned fund for the venture capital needed to accelerate the growth of their businesses, according to a government report seen by Spiegel. Source The Local
GEFIRA provides in-depth and comprehensive analysis of and valuable insight into current events that investors, financial planners and politicians need to know to anticipate the world of tomorrow; it is intended for professional and non-professional readers.
The Gefira bulletin is available in ENGLISH, GERMAN and SPANISH.
Bulgarian Defense Minister Krasimir Karakachanov wants to protect the European Union’s external borders with arms, he said in an interview published Thursday. Karakachanov told German newspaper Die Welt that he wants NATO or EU forces in Greece and Italy to stop people from entering the continent in large numbers. Source: Greek Reporter
China’s Foreign Ministry on Wednesday once again asked India to withdraw all its troops and equipment from Chinese territory, as the border standoff in the Dong Lang (Doklam) area approaches its second month. Source: People’s Daily
Spanish police early on Friday said they killed the alleged perpetrators of a suspected “terrorist attack” in the town of Cambrils, south of Barcelona. Six civilians and one police officer were hurt when a car drove into people in the Spanish seaside resort of Cambrils early on Friday. Source: Al Jazeera