Japan is poised to begin informal trade talks with the UK to secure a swift trade deal after Brexit.
Shinzo Abe’s government has signalled an intention to open a dialogue with the UK while it remains in the EU, even though formal bilateral negotiations cannot begin until it has left the bloc, according to the Japanese newspaper Nikkei. Source The Telegraph
The second stage of the German capital’s rent cap law has come into effect, meaning that thousands of Berlin landlords could be forced to reduce their rents. But the legal battle over the law is not yet over. Source Deutsche Welle
The European Commission issued on Wednesday a warning to Athens that the market support measures during the pandemic should not be excessive so that they do not jeopardize the sustainability of the public debt. It also highlighted that the debt will remain at risk unless growth is supported, which makes it imperative that reforms continue and the Next Generation EU resources are put to full use. Source Ekathimerini
The investment will extend a subsidy for electric vehicles and attempt to secure jobs that are in jeopardy due to the coronavirus pandemic. The announcement follows talks between Chancellor Merkel and industry heads. Source Deutsche Welle
