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german

Russia condemns German parliament for declaring Ukraine Soviet-era famine a genocide

December 1, 2022December 1, 2022
Russia condemns german parliament for declaring ukraine soviet-era famine a genocide - photo licensed by shore news network.

(Reuters) – Russia said on Thursday the German parliament’s move to recognise the 1932-33 famine in Ukraine as a Soviet-imposed genocide was an anti-Russian provocation …

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Economy minister brushes off fears for German industry

November 29, 2022
Economy minister brushes off fears for german industry - photo licensed by shore news network.

BERLIN (Reuters) – German Economy Minister Robert Habeck stood behind his country’s status as an industrial nation on Tuesday, adding that his government would ensure …

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German inflation in key states eases in November

November 29, 2022
German inflation in key states eases in november - photo licensed by shore news network.

BERLIN (Reuters) – German inflation dipped in five states in November, data showed on Tuesday, suggesting cost pressures eased in Europe’s largest economy – a …

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German finance minister expects higher debt burden but no tax rises

November 28, 2022November 28, 2022
German finance minister expects higher debt burden but no tax rises - photo licensed by shore news network.

BERLIN (Reuters) – Germany’s Finance Minister Christian Lindner said on Monday he expects the country’s debt to GDP ratio to climb to around 70% after …

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Credit Agricole is weighing foray into German car-sharing: media report

November 27, 2022November 27, 2022
Credit agricole is weighing foray into german car-sharing: media report - photo licensed by shore news network.

FRANKFURT (Reuters) – French bank Credit Agricole is weighing plans to offer car-sharing financial services in Germany because the growing market offers opportunities to challenge …

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German parliament passes welfare reform to boost benefits and training

November 25, 2022
German parliament passes welfare reform to boost benefits and training - photo licensed by shore news network.

BERLIN (Reuters) – Germany’s lower and upper houses of parliament passed a welfare reform on Friday that will raise unemployment benefits from the beginning of …

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German budget for 2024 will be more challenging than for 2023 – Finance Minister

November 25, 2022November 25, 2022
German budget for 2024 will be more challenging than for 2023 - finance minister - photo licensed by shore news network.

BERLIN (Reuters) – Germany’s budget margins will get tighter in the next couple of years, Finance Minister Christian Lindner said on Friday. “The 2024 budget …

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German consumer sentiment stabilizes with help of energy measures -GfK

November 25, 2022
German consumer sentiment stabilizes with help of energy measures -gfk - photo licensed by shore news network.

BERLIN (Reuters) – German consumer sentiment is set to barely change in December as government energy measures help stabilize morale at a level that is …

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German Finance Minister: need stability and growth for sustainable public finances

November 24, 2022November 24, 2022
German finance minister: need stability and growth for sustainable public finances - photo licensed by shore news network.

PARIS (Reuters) – Economic stability and growth are both crucial for delivering sustainable public finances, German Finance Minister Christian Lindner told a news conference ahead …

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German car supplier Ruester GmbH files for insolvency in self-administration

November 24, 2022

FRANKFURT (Reuters) – German car supplier Ruester GmbH said it has filed for restructuring in self-administration, a special form of insolvency proceedings that give the …

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German financial system under strain but property correction not seen: Bundesbank

November 24, 2022November 24, 2022
German financial system under strain but property correction not seen: bundesbank - photo licensed by shore news network.

FRANKFURT (Reuters) – Risks in the German financial system are building as the economy heads for a recession and struggles with rising interest rates and …

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German inflation to stay in double digits despite gas price brake, Bundesbank says

November 23, 2022
German inflation to stay in double digits despite gas price brake, bundesbank says - photo licensed by shore news network.

FRANKFURT (Reuters) – Inflation in Germany may well remain in double digits into next year despite the government’s efforts to curb energy prices, the Bundesbank …

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German downturn eases in Nov, bringing hope for milder recession -flash PMI

November 23, 2022
German downturn eases in nov, bringing hope for milder recession -flash pmi - photo licensed by shore news network.

BERLIN (Reuters) – The downturn in German economic activity eased in November, a preliminary survey showed on Wednesday, as firms saw price pressures retreat from …

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German residential property market faces risk of price drop – DIW study

November 23, 2022November 23, 2022
German residential property market faces risk of price drop - diw study - photo licensed by shore news network.

BERLIN (Reuters) – The German residential property market faces a growing risk of price corrections, the DIW research institute said in a study released on …

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German minister: working with France on Inflation Reduction Act response

November 22, 2022
German minister: working with france on inflation reduction act response - photo licensed by shore news network.

PARIS (Reuters) – Economy Minister Robert Habeck said Germany is completely aligned with France on the U.S. Inflation Reduction Act, adding that they are considering …

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German minister: working with France on Inflation Reduction Act response

November 22, 2022
German minister: working with france on inflation reduction act response - photo licensed by shore news network.

PARIS (Reuters) – Economy Minister Robert Habeck said Germany is completely aligned with France on the U.S. Inflation Reduction Act, adding that they are considering …

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German minister: working with France on Inflation Reduction Act response

November 22, 2022
German minister: working with france on inflation reduction act response - photo licensed by shore news network.

PARIS (Reuters) – Economy Minister Robert Habeck said Germany is completely aligned with France on the U.S. Inflation Reduction Act, adding that they are considering …

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German authorities search BNY Mellon bank in cum-ex probe

November 22, 2022
German authorities search bny mellon bank in cum-ex probe - photo licensed by shore news network.

BERLIN (Reuters) – German authorities searched the Frankfurt office of bank BNY Mellon on Tuesday in connection with an ongoing investigation into the multi-billion euro …

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German authorities search BNY Mellon bank in cum-ex probe

November 22, 2022
German authorities search bny mellon bank in cum-ex probe - photo licensed by shore news network.

BERLIN (Reuters) – German authorities searched the Frankfurt office of bank BNY Mellon on Tuesday in connection with an ongoing investigation into the multi-billion euro …

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German authorities search BNY Mellon bank in cum-ex probe

November 22, 2022
German authorities search bny mellon bank in cum-ex probe - photo licensed by shore news network.

BERLIN (Reuters) – German authorities searched the Frankfurt office of bank BNY Mellon on Tuesday in connection with an ongoing investigation into the multi-billion euro …

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German finance minister: must talk about fiscal stimulus for 2024 budget

November 22, 2022November 22, 2022
German finance minister: must talk about fiscal stimulus for 2024 budget - photo licensed by shore news network.

BERLIN (Reuters) – The German government needs to talk about fiscal measures for the 2024 budget to stimulate the economy, Finance Minister Christian Lindner said …

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German 2022 industry output to rise slightly, 2023 looks gloomy – BDI

November 22, 2022November 22, 2022
German 2022 industry output to rise slightly, 2023 looks gloomy - bdi - photo licensed by shore news network.

BERLIN (Reuters) – German industrial production is on track to rise slightly this year thanks to order backlogs but the outlook for 2023 is gloomy …

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German tax take rebounds in October -ministry report

November 21, 2022
German tax take rebounds in october -ministry report - photo licensed by shore news network.

BERLIN (Reuters) – Germany’s tax revenue jumped 6.1% to 57 billion euros ($58.35 billion) in October after two consecutive monthly falls, according to the monthly …

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German home prices to fall 3.5% next year as buyers feel the pinch- Reuters poll

November 21, 2022November 21, 2022
German home prices to fall 3. 5% next year as buyers feel the pinch- reuters poll - photo licensed by shore news network.

By Jonathan Cable LONDON (Reuters) – German house prices will fall 3.5% next year as the cost of living crisis and rising borrowing costs hits …

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German employment agency sees no insolvency wave in 2023 – WirtschaftsWoche

November 18, 2022November 18, 2022
German employment agency sees no insolvency wave in 2023 - wirtschaftswoche - photo licensed by shore news network.

BERLIN (Reuters) – Germany’s federal employment agency does not expect a wave of insolvencies in 2023, with moderate insolvency benefit expenditure, the WirtschaftsWoche magazine reported …

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German government deficit could hit 3.5% in 2023 – Spiegel

November 18, 2022
German government deficit could hit 3. 5% in 2023 - spiegel - photo licensed by shore news network.

BERLIN (Reuters) – Germany’s government deficit could reach as high as 3.5% next year, the Spiegel news magazine reported on Friday citing experts from the …

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German machinery exports dip, burdened by China – VDMA

November 15, 2022

BERLIN (Reuters) – Exports of German machinery and plant machinery fell by 2.8% in real terms in the first nine months of this year as …

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German regulator calls on banks to increase risk provisions

November 14, 2022November 14, 2022
German regulator calls on banks to increase risk provisions - photo licensed by shore news network.

FRANKFURT (Reuters) -The president of Germany’s financial regulator, Mark Branson, on Monday called on banks to increase their risk provisions while earnings are strong. Branson, …

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French, German central bank chiefs urge faster pace on EU capital markets union

November 14, 2022November 14, 2022
French, german central bank chiefs urge faster pace on eu capital markets union - photo licensed by shore news network.

PARIS (Reuters) – The war in Ukraine, inflation and the energy crisis have made it more important than ever to press ahead with a capital …

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German budget experts push for dividend ban tied to energy subsidies

November 11, 2022November 11, 2022
German budget experts push for dividend ban tied to energy subsidies - photo licensed by shore news network.

BERLIN (Reuters) – Budget experts from Germany’s ruling coalition on Friday stressed the need for a ban on dividends and bonuses being paid out at …

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German harmonised inflation +11.6% y/y in October

November 11, 2022
German harmonised inflation +11. 6% y/y in october - photo licensed by shore news network.

BERLIN (Reuters) – Germany’s consumer prices, harmonised to compare with other European countries, were 11.6% higher year-on-year in October, the Federal Statistical Office said on …

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EU in talks with U.S. over new IRA law trade issues

November 3, 2022
Eu in talks with u. S. Over new ira law trade issues - photo licensed by shore news network.

BERLIN (Reuters) – The United States is possibly discriminating against European companies through its new Inflation Reduction Act (IRA) law, an EU industry chief said …

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Energy crisis putting most German firms under duress -survey

November 2, 2022
Energy crisis putting most german firms under duress -survey - photo licensed by shore news network.

BERLIN (Reuters) -The energy crisis is impacting nearly every branch of the German economy, with the number of companies that see high energy costs due …

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German manufacturing slumps in October as new orders drop – PMI

November 2, 2022November 2, 2022
German manufacturing slumps in october as new orders drop - pmi - photo licensed by shore news network.

BERLIN (Reuters) – The downturn in Germany’s manufacturing sector gathered pace in October as output and new orders slumped, marking a weak start to the …

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German exports post unexpected dip in September

November 2, 2022November 2, 2022
German exports post unexpected dip in september - photo licensed by shore news network.

BERLIN (Reuters) -German exports posted an unexpected dip in September, decreasing by 0.5% on the month, while imports fell more than expected, down 2.3%, Federal …

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German industry curbed gas demand by a fifth in crisis – study

November 1, 2022
German industry curbed gas demand by a fifth in crisis - study - photo licensed by shore news network.

FRANKFURT (Reuters) – German industry cut its gas consumption by nearly a fifth last month, sustainability experts said on Tuesday, after a plunge in Russian …

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Fewer German companies feel threatened than during pandemic – Ifo

October 31, 2022October 31, 2022
Fewer german companies feel threatened than during pandemic - ifo - photo licensed by shore news network.

BERLIN (Reuters) – Far fewer German businesses feel their survival is at risk now than at the height of the COVID-19 pandemic, a survey by …

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German union calls for strikes at Airbus, other companies

October 31, 2022
German union calls for strikes at airbus, other companies - photo licensed by shore news network.

BERLIN (Reuters) – German trade union IG Metal Kueste said it has called on several thousand workers to strike on Tuesday at 15 sites, including …

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‘No room for old dreams’, German president says of Russia ties

October 28, 2022
'no room for old dreams', german president says of russia ties - photo licensed by shore news network.

By Andreas Rinke BERLIN (Reuters) -Russia’s invasion of Ukraine has caused an “epochal break” in Germany’s ties with Moscow and the war has shattered former …

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Russian nuclear rhetoric rekindles German Cold War fears

October 27, 2022
Russian nuclear rhetoric rekindles german cold war fears - photo licensed by shore news network.

By Tom Sims COLOGNE, Germany (Reuters) – Deep inside a decommissioned nuclear bunker built into a Cologne subway station at the height of the Cold …

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German consumer sentiment sees small, and fleeting, reprieve -GfK

October 27, 2022
German consumer sentiment sees small, and fleeting, reprieve -gfk - photo licensed by shore news network.

BERLIN (Reuters) – German consumer morale is expected to recover slightly in November, a small reprieve after four consecutive months of record lows, though talk …

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Sentiment among German exporters lifts slightly

October 26, 2022October 26, 2022
Sentiment among german exporters lifts slightly - photo licensed by shore news network.

BERLIN (Reuters) – Sentiment among German exporters increased slightly in October, although the overall situation remained difficult due to tense energy markets and a weak …

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German business morale falls slightly in October, beating expectations

October 25, 2022
German business morale falls slightly in october, beating expectations - photo licensed by shore news network.

BERLIN (Reuters) -German business morale fell slightly in October, though still beating analyst estimates, as companies expectations improved despite less satisfaction with their current business, …

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Ukraine needs Marshall Plan approach to rebuild, says German lobby

October 23, 2022October 23, 2022
Ukraine needs marshall plan approach to rebuild, says german lobby - photo licensed by shore news network.

BERLIN (Reuters) – A German lobby group representing companies with interests in eastern Europe has called for a plan to rebuild Ukraine that would mirror …

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Costa Rica authorities find wreckage believed to be from plane carrying German entrepreneur

October 22, 2022October 22, 2022

By Alvaro Murillo SAN JOSE (Reuters) -German entrepreneur Rainer Schaller, known for his line of fitness studios, was among the passengers on a plane believed …

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Legendary U.K. Brand German Doner Kebab Expands Stateside in Texas, New York and New Jersey

October 22, 2022
Legendary u. K. Brand german doner kebab expands stateside in texas, new york and new jersey - photo licensed by shore news network.

Dallas-based, award-winning architecture and design firm Harrison helps grow global fast-casual restaurant chain from U.K. to U.S. as the brand’s Design Architect for North America …

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German president cancels trip to Kyiv on security concerns

October 19, 2022October 19, 2022
German president cancels trip to kyiv on security concerns - photo licensed by shore news network.

BERLIN (Reuters) -German President Frank-Walter Steinmeier has called off a planned visit to Kyiv on Thursday for security reasons, his office said on Wednesday. An …

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German investor morale less pessimistic than expected – ZEW

October 18, 2022
German investor morale less pessimistic than expected - zew - photo licensed by shore news network.

BERLIN (Reuters) – German investor sentiment was less pessimistic than expected in October, even as the view of the current economic situation left little room …

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Vodafone and Altice launch 7 billion euro German broadband company

October 17, 2022October 17, 2022
Vodafone and altice launch 7 billion euro german broadband company - photo licensed by shore news network.

LONDON (Reuters) -Vodafone and Altice launched a joint venture on Monday to challenge Deutsche Telekom by building a 7 billion euro ($6.8 billion) fibre broadband …

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German car industry baulks at supplier demands over energy hikes

October 14, 2022
German car industry baulks at supplier demands over energy hikes - photo licensed by shore news network.

By Victoria Waldersee WOLFSBURG, Germany (Reuters) – Germany’s giant carmakers may have secured their own energy supplies but thousands of small suppliers faced with a …

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