European

The European Central Bank has been fighting for five years to literally create a “European Bizum”. Now has taken a key step

by

Europe wants to have its own instant payments system. That would allow the dependence of the great market leaders, Visa and Mastercard, and strengthened the European financial ecosystem. And the plan begins to take shape with Bizum as a great protagonist. Bizum is looking for allies. As they point out In Electomistthe idea is to unify the payment systems that are currently working in the various countries of the European Union. Bizum, protagonist in Spain, has its twin schemes with Bancomat Pay in Italy and Sibs in Portugal. All of them now pose to be interconnected with a specially relevant reference. Wero, the German Bizum. The Instant Payment System It has been since summer 2024 being the great alternative in France (where they used Paylib), Germany (Giropay), Belgium and Luxembourg (Payconiq) and Holland (ideal). This project of the European Payments Initiative (EPI) is taking shape, and it can precisely be the other great component of that fusion of instant payment systems in Europe. The ECB wants a European bizum. Sources close to negotiations indicate that the project is on the table. To get ahead, we would have that giant of the instant payments that for years has tried to boost the European Central Bank (ECB). A long -sought project. Five years ago the European Commission He started looking that “European bizum” with the launch of the aforementioned EPI. In the project 16 great banks of Spain, Germany, France, Belgium and the Netherlands participated. A year later the figure amounted to 31 entities. The objective, offer a unified payment solution with a payment card and a digital purse. But that has gone through problems. The initiative was promising, but the slowness of its implementation and the excessive budget necessary to achieve this caused several banks to withdraw from the project. As indicated in the economist, the Spanish bank had to contribute 300 million to the initiative, something debatable if we consider that Bizum has existed since 2015 and has a massive acceptance. Spain, Portugal and Italy teach the way. Last year Bizum, Sibs and Bancomat Pay began working on connecting their platforms and making possible instant payments between these countries in the same conditions as to the national scale. It was also the result of the Bizum Union to the European Association of Mobile Payment Systems (EMPSA), which was the consortium of southern Europe. That alliance brings together 43 million users, of which 28 belong to the Spanish system. Germany, France and Belgium were looking for something similar. Something similar happened with the EPI and Wero, which interconnected the mobile payment systems of Germany, France or Belgium and wanted to become the European Payment System. Now both consortiums have approached positions and according to the sources mentioned there are options to end working on an interconnection of all systems. This looks good. It is not clear if the conversations will end with a single European system – will Bizum be called? Wero? – Or if at the moment we will work on that interconnection of all these applications separately, but of course these efforts can be the principle of something great and important for the European panorama of instant payments. It is already known. Union is strength. In Xataka | The arrival of the digital euro is inevitable: let’s say goodbye to anonymity

Marc Murtra and Emilio Gayo, the pair that seeks to create a European champion

by

The movement was a matter of time. Just a month and a half after The fulminant dismissal of José María Álvarez-Pallete, Marc Murtra has activated the total reorganization of Telefónica. Emilio Gayo’s choice as a new CEO is not just a change of names in the organization chart. It is the first visible piece of a deep transformation that goes far beyond daily management. We are facing a first order turn in the company’s strategy. And the game is played three bands. The Spanish government, represented by the SEPI with Its strategic 10%. Saudi STC, with another 10% that activated all alarms. And Criteria-La Caixa, the third actor of this new hard-acting hard nucleus. Murtra has understood that the telecommunications sector is in total transformation and has placed this vision in the center of its strategy. “It’s time for the large European telecommunications companies to consolidate and grow to create technological capacity,” The new president at the MWC of Barcelona cried out. The message was not subtle or wanted to be. Europe cannot continue with a fragmented telecos market while competing against US and Chinese giants operating in oligopolic conditions. The battle for technological sovereignty is underway, and Telefónica wants to play in First. Gayo does not arrive by chance. Its results in Telefónica España – Revenue Failure, in Ebitda and in Clients For the first time since 2018– They are your presentation letter. An effective manager profile, knowledgeable about the entrails of the Teleco since 2004, which contrasts with the most visionary style and pallete transformer. The new Telefónica bets on a balance between Gayo’s operational execution (the good results support him) and the strategic vision of Murtra (his Europeanist speech confirms it). The next movements will also be a message. Each file that moves hides an intention. It is being created a trust ecosystem around Murtra, While emblematic figures of the previous era like Chema Alonso are on the tightrope. So much Adslzone First as The economist Then, each with their respective sources, have anticipated their imminent departure from Telefónica. The European telecommunications industry carries years suffering a paralyzing contradiction. You need scale to compete globally, but it’s subject to fragmented national regulations that prevent great mergers. If Murtra and Gayo achieve their goal, we could be before the first phase of an important reconfiguration of the sector. Telefónica seeks to position itself as a central piece of that puzzle, as The nucleus of a hypothetical European champion Able to stand up to the American and Chinese giants. In business jargon, a “European champion “ It is a company with the scale, influence and technological capacity to lead its sector in Europe and compete globally against US and Chinese giants. Internal changes are just the prelude. The truth game will be played in Brussels, where Teresa Ribera, a new competition curator, will have a lot to say about the future of mergers in the sector. It is no accident that Murtra has decided to make European consolidation its flag precisely now. The new Murtra-Gayo duo should not only manage a telecommunications company. Has to Lead a reconfiguration of an entire sector to compete in a global market dominated by large technology companies with the threat of telecos from both sides of the Pacific. The challenge is immense. And the pieces have only begun to move. In Xataka | Telecos counteratacan: Telefónica’s plan to convert their networks into platforms against large technological ones Outstanding image | Telefónica, Xataka

After 80 years of peace, the European Union has a future plan for the continent: a new era of the "rearmament"

by

Europe lives a convulsive geopolitical situation. For various factors, but aggravated after Ukraine invasion by Russia. There are too many open challenges: economic pressures, commercial and technological confrontation due to the Commercial War with China (who has caught electric car already ASML in between), disunity between member states and the growing tensions with the United States. All this has been intensified in recent weeks and the president of the European Commission, Ursula von der Leyen, is clear about the way: rearm Europe. To a scrambled river … For his second term as president of the United States, Donald Trump has arrived with everything. In issues related to Europe, the billionaire has ruled on Tariffs to European productsbut has also shown interest in get with Greenland already Ukraine War. That idea of ​​getting with Greenland caused a Danish response movement so that The country will buy California On the other hand, the intention to achieve peace in Ukraine is not an altruistic movement. An objective is to stop investing in security in foreign countries. Another, power Control rare earth deposits. The reports of your presence in Ukrainian soil They seem to be outdatedbut that does not stop the ambitions of a Trump that starred last weekend A curious act with Ukrainian President Volodimir Zelenski. In Xataka The size of the armies of the main powers, summarized in this interesting graphic The gresca. On February 28 we witnessed an unusual event: a encounter between Zelenski, Trump and JD Vance, vice president of the United States. If something was clear after the heated debate Television in Prime Time is that both leaders have a total lack of tune (before it already declared that it was difficult to reach an agreement with Zelenski and Lo Lo called “dictator”). But perhaps it is more than a lack of understanding among the leaders of two countries. You cannot count on the US. The reason is that, after the event, Europe has closed rows Around Ukraine. Different European leaders have shown support to the Ukrainian leader, with quick responses such as Pedro Sánchez and Feijóo supporting the European country. The American response has not taken long to arrive. A few hours ago, Donald Trump ordered paralyze military aid to Ukraine as a punishment for Friday’s encounter. “Rearm Europe“. The anger among the leaders, who looked like an enclosure in the White House, promoted a feeling in networks among European users: you cannot count on the United States, and Europe has to act to deal with external threats. And it is not a popular runrún, but something that, from the European Commission itself, has just supported. President Ursula von der Leyen has signed a release urging member states to join the European Rearme Plan: Rearm Europe. In it, it begins by expressing two important issues: that Europe is threatened in a “real and tangible” and that it must “assume a greater responsibility for its own security.” The Ukraine War is that of drones … and robots Beyond Ukraine. After different meetings in recent weeks, the community has concluded that “massively increase defense spending”. The president refers to the situation in Ukraine and states that this measure must be taken with “immediate urgency” to support the European country, but must also be addressed to fulfill a “long -term need to assume much greater responsibility for our own security.” The plan. Thus, he has sent a letter to European leaders to raise this issue before the European Council to be held this Thursday. In it, and at the meeting, the option of using “all financial mechanisms will be discussed at reach to help member states quickly and significantly increase their expenses in defense capacities.” The intention of Von der Leyen is that it is immediate and urgent, but that it is formalized throughout this decade. In Xataka Ukraine has registered the first combined offensive of history without humans: drones and robots against Russian troops Show me the money. Of course, this type of movements require considerable investment. United States, without going any further, will invest 850,000 million dollars in defense -40% of global military spending. The way Europe would have to catch up, according to the president, is: Release the use of public funds in defense nationwide, allowing member states to have fiscal margin to be able to invest without activating the excessive deficit procedure. According to the statement, if the states increased their defense expenditure by 1.5% of the average GDP, a fiscal margin of almost 650,000 million euros would be generated in four years. Activate an instrument that provides loans of up to 150,000 million euros to invest in defense. Under the mantra “spend better and spend together”, von der Leyen clarifies that investment in air defense, antimiles, artillery systems, missiles, ammunition, cybersecurity, military mobility and something that the war of Ukraine has brought to the table should be reinforced: the war with drones and the defense against those drones. Redirect funds to investments related to incentive defense for Member States to decide, if they wish, use cohesion policy programs to increase defense spending. Finally, the option of obtaining funds through the European Investment Bank, but also with measures to mobilize private capital. {“Videid”: “X8WLH9Q”, “Autoplay”: False, “Title”: “United States vs. China: The chips war”, “Tag”: “Webedia-prod”, “Duration”: “1611”} NATO message. Among all the noise generated these days, it has survived the idea that United States abandons the United Nations Organization. The North American country is one of those who best fulfill their obligations In this sense and, recently, voices that cry out that the country should leave NATO have been raised. Elon Musk, part of Trump’s government, been One of them. The agreements stipulate that, if someone attacks an NATO country, the rest must immediately mobilize, but the latest movements of the United States and comments such as that of which They will not be foreverThey don’t help. In the statement, von der Leyen comments that the plan Rearm Europe “It could mobilize about 800,000 million … Read more

The European megafauna is officially back. And experts warn: we will have to get used to

by

European biodiversity is constantly changing. While some species disappear from the continent, others arrive in the form of invasive exotic species. There are also those that return to the wild areas of the continent thanks, at least in part, to the efforts placed in their recovery. However, these efforts are not always welcome throughout the world. The return of some animals, and conservation policies that try to protect them from hunting and other threats have been a source of controversies that resurface periodically in the media. We have a recent example last summer, when the Court of Justice of the European Union (TJUE) was pronounced twice against lobos hunting. The first It was after a decision of the government of the federated state of Tyrol; the second, for Back a Castellanoleonese rule. The wolf’s hunt is still vetoed in Europe while its state of conservation is unfavorable. 2025 could see this change in it status of the wolf. A few months ago, the committee responsible for supervising the Berma Agreement accepted the proposal for the change in criteria. This may imply that in the coming weeks we see changes. In Xataka Send 167 wolves to the highlands to fight the deer: the crazy plan of Scotland to save their forests Like the wolf, the bear has also starred controversially for its conservation. Recent estimates about the population of brown bears in the Cantabrian mountain range speak of about 400 copiesan increase with respect to populations three decades ago where the estimate placed the number of copies Below 100. Again, the return of this animal to the Spanish mountains has generated certain risks. Problems that can affect both people as To the bears themselves. Perhaps we can also find examples of less controversial reintroductions, such as that of the Iberian lynx. Since the 90s, the native feline has been leaving the situation that almost led to extinction. The lynx are predators and There are no lack of cases in which these hunters have chosen farm animals like their prey. Problems of this type are not even limited to large or small predators. Even the proliferation of rabbits has been seen with alarm from part of the agricultural sector, proof that the relationship between humans and natural environment is not always easy. And what do we do? Find ways to manage coexistence between carnivores (Carnivorathe diverse taxonomic group that includes mammals such as wolves and bears, but also seals, hyenas and felines) has been the issue of a recent study prepared by a European group of researchers and Posted in the magazine People and Nature. The study deals with how to address interactions, how to plan and organize the efforts of local communities towards coexistence with these animals. To do this, it emphasizes the role of local communities when guiding how this relationship should be, communities whose forms of knowledge “are too overlooked and marginalized.” They attract attention, yes, about an important detail, which people are really part of these “local communities.” “This research is especially important in the pastoral areas of Europe, where populations of great carnivores such as the wolves who is ‘local’ here? What constitutes the ‘local knowledge’? And what can this knowledge contribute to the management of carnivores? ” explained in a press release Hanna Pettersson, co -author of the study. {“Videid”: “X8SPB12”, “Autoplay”: False, “Title”: “The penguins are extinct and are not the animal you think”, “Tag”: “Webedia-Prod”, “Duration”: “235” } New research has been published in the days prior to the United Nations Biodiversity Conference held between today and Thursday 27 in Rome. This is precisely the debate forum in which issues such as this may be debated by the international community, not only at European level. In the face of the conference and the search for new solutions to coexistence between humans and carnivores, the team responsible for the study proposes an approach based on the conservation of spaces. To do this, it suggests the investment in “local practitioners networks” in charge of coordinating this local knowledge in the production of “strategies adapted for coexistence”. In Xataka | This perfect circle under an island in Japan was not made by a human. And as surprising as the author was the purpose Image | Hayo Roskam (Function () {Window._js_modules = Window._js_modules || {}; var headelement = document.getelegsbytagname (‘head’) (0); if (_js_modules.instagram) {var instagramscript = Document.Createlement (‘script’); }}) (); – The news The European megafauna is officially back. And experts warn: we will have to get used to It was originally posted in Xataka by Pablo Martínez-Juarez .

Spain has a plan to become the European green hydrogen leader. And it will cost us 1,214 million euros

by

With the corridor of H2Med almost run by A recent conflicthe First Iberian Price Index From established renewable hydrogen and a recent millionaire injection of European funds, Spain has everything to emerge as a leader in this sector. The ambition has come to stay. Injection of funds. The Government of Spain has announced which will allocate 1,214 million euros of the Newgeneu funds to seven projects located in Aragon, Andalusia, Castilla y León, Cataluña and Galicia to develop hydrogen valleys. These European aid will be distributed among green hydrogen production and distribution projects to decarbonize several energy and industrial sectors, under the H2 Valles program. The companies that are behind the projects are Moeve, Enagás, Reolum, Repsol, Ric Energy, Capital Energy, Fertiberia or Ercros, among others. The goal. In a press release, the vice president and minister for ecological transition, Sara Aagesen, He has highlighted that “it is a call for strategic relevance that advances on the decarbonization agenda.” Requirements such as the purchase commitment of at least 60% of production by industrial consumers have been established. The Institute for Diversification and Saving of Energy (IDAE), attached to the miteco, manages this line of incentives to integrate hydrogen into the energy mix and reduce CO2 emissions. Spain is consuming 500,000 tons per year of Gray hydrogen (of fossil origin), so this new form of hydrogen will help change to be dynamic. Hydrogen valleys. The seven selected projects will add 2,278 MW of electrolysis power for the production of renewable hydrogen in 11 facilities, since the bases of the call allow more than one cluster site if the distance between them is less than 100 km. These plants will use renewable energy (solar and wind) to generate green hydrogen, and many will be integrated with ammonia or ammonia facilities fertilizers to reduce industrial emissions. In addition, 90% of electrolyzers will be manufactured in Europe and most promoters They have opted by alkaline electrolysis technology, considered efficient and scalable. Aid distribution. The distribution of European funds is carried out prioritizing projects with greater impact. Starting with the community with the largest renewable cluster: Aragon, which will receive 384 million euros for two hydrogen valleys, one of them shared with Catalonia. They are followed by Andalusia with 304 million, Castilla y León with 259 million, Galicia with 170 million and Catalonia with 98 million. In addition, three of them will be located in municipalities with demographic challenges, such as Andorra in Teruel and Cubillos del Sil and Robla both in the province of León. All this to promote local economic development and job creation in these places where there is less industrial activity. It should be added that the initial budget of 1,200 million, framed on the Repower EU agenda of the recovery, transformation and resilience (PRTR) plan (PRTR) was extended to an additional 10%, reaching the current amount of 1,214 million euros. Horizon 2030. The development of these projects seeks to consolidate an advanced green hydrogen infrastructure so that within five years be integrated into sectors such as industry, aviation and maritime transport. Spain has invested more than 3,100 million euros in the last two years to consolidate its position in the green hydrogen sector in Europe. Image | Freepik Xataka | Nikola had everything to revolutionize the world of hydrogen trucks. Now is on the verge of bankruptcy

That implies more regulation in the European Union

by

Everything seems to indicate that another goal application will face greater control by the European Union (EU). This is because WhatsApp already brings together the conditions to be designated a very large online platform (Vlop), A status that Facebook and Instagram have since April 2023. What are the Vlop? The Digital Services Law, that entered into force about two years agoclassify search platforms or engines with more than 45 million monthly users in the EU as Vlop. Consequently, important platforms for European users such as Amazon Store, Booking, Tiktok or YouTube are included in this category, but not WhatsApp. Why is WhatsApp now a Vlop and was not at first? While the finishing messaging service had more than 2,000 million users globally And more than 100 million users in the EUit did not enter the Vlop category. Now, A function introduced at the end of 2023 He has made things change. We are talking about the channels, which are comparable to a social network. The number of users of WhatsApp channels has been growing steadily since its launch in the EU and is currently estimated at 46.8 million. We know this because all the platforms that operate in the community block are obliged to make public this information at least twice a year, and goal has complied with the current legislation by publishing A document recently. The growth of the channels, those that we find in the News of the application and that we use to follow the media or public figures, has not gone unnoticed in Brussels. “WhatsApp has published user numbers above the threshold for designation as a very large online platform under the Digital Services Law,” said Thomas Regnier, spokesman for the commission, In a statement to Bloomberg. Vlop platforms have to face more responsibilities. The commission itself indicates that the platforms that have been designated as Vlop must comply with “the strictest standards of the DSA”. These obligations include the realization of risk assessments on the dissemination of illegal or harmful content and the implementation of strategies to mitigate these risks. In addition, they must be audited by an independent auditor at least once a year and act according to the recommendations you receive. To guarantee adequate supervision, the platforms must share their data with the commission and the national authorities, which will allow to evaluate whether they comply with the standard. They must also give access to researchers so that they can study the platform data. Waiting for formal designation. Meta now meets Vlop’s criteria, but its formal designation has not yet occurred. Once the commission of this step, the company led by Mark Zuckerberg will have four months to meet the new obligations that emerge from the DSA. If an infraction is confirmed to this strict European regulatory framework, fines can reach up to 6% of the firm’s annual billing. The regulatory ambition of the EU has been criticized both by US technological giants and the new White House administration. Tim Cook already complained with Trump Before his election, to which the then candidate replied that he would not allow abuse against US companies. Amazon, meanwhile, has rejected his designation as Vlop. In parallel, We are witnessing an unusual turn in the regulatory policy of the block. Images | Christian Lue | Goal | European Commission In Xataka | The battle between LaLiga and Cloudflare is charging many victims. Now those victims are joining strength

After tariffs to the electric car, China has a “Troy horse” to win the European market: combustion

by

At the end of October last year, the European Union applied the Chinese electric car tariffs. From that moment, the cars that entered the European ports had to face rates that depended on the company that exported the vehicle. We must wait to see how the industry faces this change at a time when China was betting hard on Europe. But what is clear is that, beyond the electric car, China has a plan B to follow flooding the European Cars Union: The combustion engine. Tariff mess. They are not really “tariffs”, but “compensatory rights”, according to The European Commission. As much as they are, they are levies that apply to importation with one objective: protect their own market. Each manufacturer has an additional tariff and 35.3% is not the same to SAIC cars, 18.8% to Geely or 7.8% to Tesla. Before applying tariffs, China marked the goal of following Invading Europe with their carsbut regardless of increasing exports, the Asian giant took other measures. For example, one Research against European Porka very consumed product in the country that matters from Europe and that would affect several countries, especially Spain. It could also rareproduct that dominates and is vital for the development of practically all industries. Neighborhood discussion. These pressures have paid off, and an example is Spanish. Spain, initially, was in favor of the European measure, but after China’s threats, The Spanish position was relaxing. Germany too I was on that ship Because your trade with China It is key in this segment. On the contrary that France, fearful that Byd or Mg take away market share of their Peugeot, Citroën or Renault, which have little presence in China. The Troy Phev. However, something key in this whole issue is that tariffs have the Chinese electric car as a goal. That is, the 100%electric, leaving aside other electrification variants that remain important in a European market with countries where the loaders are not so developed. And, there, it is where China has a weapon to continue filling the territory of own production cars. Plug -in hybrids, or Phev, are an alternative strategy of the country. Not being taxed with the same tariffs, manufacturers can expand in the European market showing its technology, design and competitive prices. An example is cars that are plug -in hybrids in practice, but electric in theory. Jaecoo 7, for example, has gasoline and plug -in hybrid versions The limits of hybridization. He Mazda MX-30for example, it is a car that always prioritizes electric mode. It does not pull the combustion engine until it lacks enough energy in the battery to move the car, but the combustion engine is not dedicated to moving the wheels when it has to act, but to produce electricity that is stored in the battery, this being this the one used to move the wheels. Catl, Eminence in battery technologya few months ago a Battery with an autonomy of 400 kilometers and fast charge. But not for a 100%electric, but for a hybrid. It is like a 2.0 plug that, in practice, has a combustion engine, even if it is not used for the conventional purpose. Pure and hard combustion. In addition to technology, the point in favor of Chinese manufacturers is the price. Brands like byd and Mg have entrance hybrids to significantly lower prices than those of the competition. But there is life beyond electrification and, although China is Pushing Strong by the passage to these “new energies” inside and outside their borders, if you have to adapt to avoid tariffs, they can do it with several models of pure and hard combustion. He MG ZS Combustion It is an example. It was one of the gasoline cars best selling in Spain During last year. There are more players in this market, and omoda is an example. He arrived in Spain last year And it has expanded rapidly with dealers in which there are electric, hybrid and combustion cars. Jaecoo also has cars exclusively with combustion, such as Jaecoo 7and that is where the potential of Chinese companies is to gain market share by alternative roads to that of the Full Electric. Don money. Apart from the strategy for hybrids, when tariffs were already on the horizon, it was speculated with strategies by China to manufacture in Europe and dodge these tariffs. The idea was to assemble the critical pieces of cars in Chinese factories, disassemble it and take it to European factories, where they would reassemble to shape the final car. A kind of Lego that was not official and that, from Europe, it was said that it would not serve to dodge tariffs. But it is clear that what is working so that some countries have relaxed their position are economic pressures. Apart from the threats already commented, Chinese companies have been getting important plants to make cars. For example, Chery was done with the Nissan factory in Barcelona (What he gave A second life to Ebro). But during the last votes, They delayed their plans. And not only in Spain, Also in Italywhere they were going to make important investments. Meanwhile, Chinese companies continue to erre with their strategy to fill Europe with their cars. Despite tariffs, we see that giants like Byd continue to get ships huge that allow to continue maintaining the rhythm of exports. It is a very juicy market with Germany betting on electrification, Norway being the King of Cotarro and territories as the Netherlands in which China has land to conquer. Image | Engin Akyurt In Xataka | The EU has insisted on making the jump to the electric car: ten advantages of staying in a plug -in hybrid

How to create free images with Le Chat, Mistral’s European artificial intelligence

by

Let’s tell you How to create images with artificial intelligence wearing Le chatthe European alternative to chatgpt. Le chat is a chatbot created by Mistral, and like the main American actors in the sector it also allows you to create images. We are going to use screen captures of the Le Chat version, whose address is chat.mistral.ai/chat. However, you will also be able to do the same from the mobile using its official application On iPhone through the App Store and In Android from Google Play. Here, all you should know is that Le chat has the free option to create images very limitedand without paying you will only be able to create one or two per day. If you want to be able to create more images Create images with ia using le chat Creating images with artificial intelligence Le chat of Mistral is as easy as doing with any other. All you have to do is make a written requeststarting with the word Draw …. so that AI knows that you mean you want to generate an image. If you are on the main screen, under the writing field where you put the prompt you can click on a button with several icons. When you put it, you can decide what options you have active. Here, Be sure not to deactivate the image generation optionsince otherwise you will not be able to create them. In any case, what you have to do is ask the AI ​​to draw something concrete. For example, I have used the petition “Draw a cat playing football”. And when you do, in a few seconds the AI ​​will generate this image. Up to the right on it you have A button to download it On your device. Remember that when asking for an image You will be able to specify details and styles. For example, you can describe a little more in depth the elements you want to appear inside, and in styles you can put things like that it generates it as a cartoon. Don’t be afraid of long descriptions of what you want me to draw the AI. Here, remember that she is trained to understand everything you tell her, and the more details you are able to give you the more you will get closer to what you have in mind. In Xataka Basics | Le chat from Mistral AI: What is it, how it works and what can this artificial intelligence chat done in Europe do

Germany was the great European automobile power. Now, more and more manufacturers are clear that it is the place to avoid

by

“Germany is the place where the car was invented.” This clear and forceful are shown in the Verbandes Der Automobilindustrie (VDA)the German automobile industry association. An organization that estimated that in 2023 they worked in this sector 779,700 employees throughout the country. To get an idea of ​​the size of the automobile industry in Germany, in 2023 they manufactured 4.1 million passenger vehicles and almost 200,000 commercial vehicles. In Spain, the second largest vehicle producer in Europe, we manufactured half a million commercial vehicles but we stayed at 1.9 million passenger cars, according to data collected by Expansion. In fact, Germany is also the first country in Europe and the second largest producer in the world of electric cars. In 2023 they manufactured 1.27 cars moved by this technology. It would be expected, therefore, that with this experience it would attract more and more interest of new companies that intend to settle in Europe. Nothing is further from reality. A gigantic problem However, Germany faces a huge restructuring problem in the automobile industry. Their companies are in a process of conversion to the electric vehicle that points to thousands of layoffs but, in addition, the new companies seem clear that Germany is already the place where not to mount their factories. The last to position has been controversial. Asked about a possible polestar factory in the country, Michael Lohsccheller, general director of Polestar, responded to the newspaper Welt that “Germany It is not precisely the cheapest place For car production. Everyone knows what the general conditions are at the moment. “ With that last sentence, Lohscheller referred to the loss of German competitiveness in the automobile industry. Stefan Bratzel del Center of Automotive Management (CAM) I pointed to DW This same month of January that the country suffered with “high labor costs, including medical care expenses and extensive holidays” of its workers. To that same medium, Dirk Dohse, of the Kiel Institute for the World Economy (IFW) made it clear that German engineers were still among the best in the world but that the lack of flexibility prevented them from attract new talentsespecially from Asia. The country has been in a Institutional and economic internal crisis which is being deeper in the automobile industry. This loss of competitiveness has led manufacturers to warn that There are 190,000 jobs at stake If the industry does not find a solution. An output that looks more and more complicated if you consider that its manufacturers are drawing much more exports performance to China of electric cars than of combustion vehicles. This is a problem because the latter can get much higher per yield per vehicle sold than to electricity but also have a much lower competition than in the electric car market where the customer is turning to the local product. With the pressures of European policies to hug the electric car, the industry has undertaken a conversion in its factories. However, until 2024 technology Keep growing at a paid in EuropOh In China they see the European car as a outdated product. The latter is especially important in a country that houses a huge labor force of Volkswagen, Mercedes or BMW, whose world sales volumes They are especially sensitive to Chinese purchases. With bad results, Volkswagen has tried to fire tens of thousands of employees In Germany but, above all, the country sees How are production of vehicles or batteries to places like Spain, with lower labor and energy costs. A good example is the plant of Volkswagen in Sagunto to nurture Ford and Martorell. But, in addition, Germany is not attracting new investments. Northvolt’s project in Germany did not go from the theory while Spain has received Catl’s support, Byd has settled in Hungary and Leapmotor already produces cars in Poland and, It is rumored, that in Spain. Besides, Morocco and Türkiye They press to show themselves as especially attractive countries to produce cars as cheap as possible. Photo | Volkswagen In Xataka | Germany demonstrates the dependence on the aid that the electric car has: 100,000 vehicles are taking dust

European telecos are discouraged before global competition

by

The Departure by José María Álvarez-Pallete de Telefónica It marks the end of an era that symbolizes the decline of the sector in Europe. Its mandate ends with a 57% drop in the stock market value of the company since 2016, when it agreed to the position. Of course the problem goes far beyond Telefónica. Why is it important. The European Telecommunications sector has lost 41% of its stock market capitalization between 2015 and 2023, falling to 270,000 million euros. In contrast, American telecos are worth more than 650,000 million. The root of the problem. Europe has 34 mobile network operators and 351 virtual operators for 450 million inhabitants. The United States, with 335 million inhabitants, only has three main and 70 virtual operators. China, for 1.4 billion inhabitants, has four operators and 16 virtual. Proportionally to its populations … Europe has eight times more main operators than the US and 27 times more than China. In virtual operators the difference is even greater: almost four times more than the US and 78 times more than China. Between the lines. European regulation has prioritized low prices and high competition, creating a fragmented and unable sector to compete globally. Meanwhile, the US and China have opted for giants with financial muscle. This dynamic has had consequences: it is expected that the sector only grows 1.7% in 2025. In Spain, 71,000 jobs have been destroyed since 1998, according to appointment Five days. And while the 5G coverage in Europe is 81%, in the US and in China it exceeds 95%, according to The independent. Turning point. He Draghi report Ask to facilitate mergers and end market fragmentation. The new European Competition Commissioner, Teresa Ribera, He said that the rules “will evolve” to allow larger scale. It is a burning nail to which you have to grab. Without a regulatory change that allows consolidation (and perhaps requires greater contribution to large technological ones whose business goes through the use of these networks, A historical demand Of the great telecos), the European Telecos sector will continue to lag in the global race. In Xataka | The discreet engineer: why the great shareholders see in Murtra the manager who needs telephone for his next decade Outstanding image | Telefónica

Log In

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.