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'Dark lull' in German energy transition sparks political debate
'Dark lull' in German energy transition sparks political debate
Economy
by  AFP

As Germany heads for February 23 elections the grey winter weather has become a hot campaign topic because of its impact on the country's shaky green energy transition. The Scholz government defended the green energy transition despite the occasional "temporary phenomenon" of a dark lull that can drive up prices on the spot market.

Ex-IMF chief Rato gets four-year jail term in Spain for tax crimes
Ex-IMF chief Rato gets four-year jail term in Spain for tax crimes
Economy
by  AFP

A Madrid court sentenced ex-IMF chief and Spanish economy minister Rodrigo Rato to more than four years in prison for tax crimes, money laundering and corruption, it said Friday. A second defendant, Domingo Plazas, was sentenced to 18 months in prison for money laundering and collaborating in two of Rato's tax offences.