Germany to reject Binance’s bid for a cryptocurrency licence – source
FRANKFURT (Reuters) – German regulators have told Binance they will not grant it a cryptocurrency custody licence, a person with direct knowledge of the matter …
Germany
Germany set to raise minimum wage by more than 3%, unions want more
BERLIN (Reuters) – Germany was set to raise its minimum wage by 3.4% to 12.41 euros ($13.53) an hour from 2024, based on the proposals …
Sharp slowdown in growth of bank lending for euro zone and Germany forecast
FRANKFURT (Reuters) – High interest rates will keep a lid on the pace of bank lending in Europe this year and next, with a particular …
Germany, France clash over reform of EU fiscal rules, deal seen by end-2023
By Jan Strupczewski BRUSSELS (Reuters) – France and Germany clashed on Friday over how to reform the European Union’s fiscal rules and both claimed they …
‘No Secure Scenario’: Germany Could Face Crippling Energy Shortages When Ukraine-Russia Gas Deal Burns Out
‘No Secure Scenario’: Germany Could Face Crippling Energy Shortages When Ukraine-Russia Gas Deal Burns Out Nick Pope on June 12, 2023 The German economy and …
Germany bids to rebuild Berlin’s buzz for startups
By Maria Martinez BERLIN (Reuters) – Rising rents, less venture capital and a shortage of talent are taking the shine off Berlin as a hub …
Germany home prices to fall modestly this year and next: Reuters poll
By Indradip Ghosh BENGALURU (Reuters) – Home prices in Germany are forecast to correct modestly this year and decline a bit more in 2024 as …
Seven arrested as part of IS financing probe in Germany
BERLIN (Reuters) – German authorities have arrested seven suspected supporters of the Islamic State terrorist group as part of an investigation into terrorist financing, prosecutors …
At G7, Japan and Germany want a rethink on the ‘Global South’
By Sakura Murakami and Andreas Rinke HIROSHIMA, Japan (Reuters) – Japan and Germany say it is time for a rethink of how some of the …
EU commission sees Germany 2023 GDP growth at 0.2%, Italy 1.2% – newspaper
ROME (Reuters) – The European Commission will forecast Germany’s economic growth this year at 0.2%, while projecting a 1.2% rate for Italy, Italian daily La …
Germany unveils 2.7 billion euro military package to Ukraine, biggest yet
BERLIN (Reuters) -Germany on Saturday announced 2.7 billion euro ($3.0 billion) of military aid to Ukraine, its biggest such package yet since Russia’s invasion, and …
Germany finance minister urges “grown-up” decision on U.S. debt ceiling
NIIGATA, Japan (Reuters) – German Finance Minister Christian Lindner on Friday said he hoped politicians in the United States would come to a “grown-up” decision …
US State Department approves potential sale of Chinook helicopters to Germany, Pentagon says
By Mike Stone WASHINGTON (Reuters) – The U.S. State Department has approved the potential sale of CH-47F Chinook helicopters and related equipment to Germany for …
Swiss army displays Leopard 2 tank as Germany hopes for sale
By Denis Balibouse BURE, Switzerland (Reuters) – In a sleepy village on the French border, Swiss soldiers rode down a dusty road on a Leopard …
Inflation has passed its peak in Germany as energy prices ease – Econ Min
BERLIN (Reuters) – Inflation has passed its peak in Germany as energy prices have eased, German Economy Minister Robert Habeck said on Thursday, adding that …
TenneT sale talks slow as Germany, Netherlands differ on price, offshore
By Toby Sterling, Christoph Steitz and Markus Wacket AMSTERDAM/BERLIN (Reuters) – Talks on a planned sale of Dutch state-owned electricity grid operator TenneT’s German unit …
Germany must focus on sustainability of public finances – Fin Min
BERLIN (Reuters) – Germany needs to be decisive in consolidating its public finances and to set clear spending priorities, German Finance Minister Christian Lindner said …
Germany expects deficit of 4.25%/GDP in 2023 – fin min
BERLIN (Reuters) – Germany expects to post a deficit of 4.25% of gross domestic product (GDP) in 2023, up from a 2.6% deficit the previous …
Germany, Italy push euro zone into trade surplus in Feb
BRUSSELS (Reuters) – The euro zone swung to a trade surplus in February from a deficit a year earlier, non-adjusted data showed on Thursday, mainly …
Germany Will Shut Down Its Last Nuclear Plants Amid Warnings Of New Energy Crisis
Germany Will Shut Down Its Last Nuclear Plants Amid Warnings Of New Energy Crisis Reagan Reese on April 14, 2023 Germany is closing its last …
Atomic ‘angst’ over? Germany closes last nuclear plants
By Riham Alkousaa BERLIN (Reuters) – Germany will pull the plug on its last three nuclear power stations by Saturday, ending a six-decade programme that …
Germany foreign minister embarks on post-Macron ‘damage control’ in China trip
By Riham Alkousaa, Andreas Rinke and Andrew Gray BERLIN (Reuters) – Germany’s foreign minister begins a visit to China on Thursday aiming to reassert a …
High debt EU countries should cut debt ratio by 1%/GDP a year minimum -Germany
By Jan Strupczewski BRUSSELS (Reuters) – Planned new European Union public debt rules should require governments of highly indebted countries to cut debt every year …
Germany guarantees 221 million euros of Ukraine investments – econ ministry sources
BERLIN (Reuters) – Germany is currently providing guarantees on investments totalling 221 million euros ($242 million) in Ukraine, Economy Ministry sources said on Wednesday, following …
Germany to buy up to 28 howitzers to help replace arms rushed to Ukraine
BERLIN (Reuters) – Germany aims to purchase up to 28 self-propelled howitzers to replace weapons rushed to Ukraine out of army stocks last year, according …
Germany reaches deal with EU on future use of combustion engines
By Tom Sims and Kate Abnett FRANKFURT/BRUSSELS (Reuters) -The European Union and Germany have reached a deal on the future use of combustion engines, officials …
Japan, Germany agree to carefully monitor markets, coordinate as needed
By Tetsushi Kajimoto TOKYO (Reuters) – Japan and Germany agreed on Saturday to coordinate closely on financial jitters stemming from problems among Western banks while …
Scholz plays down threat of SVB meltdown to Germany
BERLIN (Reuters) – Chancellor Olaf Scholz on Tuesday said Germans should not have major concerns about the fallout of Silicon Valley Bank’s collapse and that …
Germany aims to launch subsidies-for-emissions-cuts plan in April
BERLIN (Reuters) – Germany wants to launch a subsidies programme in April for industries to support their switch to climate-neutral production, a document showed on …
Mercedes-Benz begins building battery recycling factory in southern Germany
FRANKFURT (Reuters) – Mercedes-Benz laid the foundation stone for a sustainable battery recycling factory in Kuppenheim, southern Germany on Friday. The pilot plant will have …
‘Ask Germany’: Dem Senator Pours Cold Water On ESG Investing For Retirement Funds
‘Ask Germany’: Dem Senator Pours Cold Water On ESG Investing For Retirement Funds Harold Hutchison on March 2, 2023 Democratic Sen. Joe Manchin of West …
Germany sees more signs of employment growth – IAB survey
BERLIN (Reuters) – Employment agencies are increasingly upbeat about the German labour market despite the challenging economic environment, according to a survey by the Institute …
Germany signals support for U.S. pick to lead World Bank
BENGALURU (Reuters) -The German government has signalled its support for the United States’ nomination of Ajay Banga for president of the World Bank, with German …
Germany bids to clear the rocky path for foreign talent
By Maria Martinez BERLIN (Reuters) – Costa Rican Alex Madrigal, a trained economist, had his visa approved in May last year in just six hours, …
Microsoft wants to cut up to 120 jobs in Germany – WiWo
BERLIN (Reuters) – Microsoft wants to cut up to 120 jobs in Germany, business news outlet WirtschaftsWoche reported on Thursday, citing sources, as part of …
Explainer-Why Germany doesn’t like the EU’s debt reform proposals
BERLIN (Reuters) – EU finance ministers started talks last week on adjusting the bloc’s fiscal rules to the post-pandemic realities of high debt and significant …
Ukraine war expected to cost Germany 160 billion euros by year-end
BERLIN (Reuters) – The Ukraine war will have cost the German economy around 160 billion euros ($171 billion), or some 4% of its gross domestic …
Germany dashes hopes for new EU common borrowing
By Maria Martinez and Jan Strupczewski BERLIN (Reuters) – Hopes for new joint European Union borrowing to support Europe’s green industry were dashed as northern …
France in new row with Germany and Spain over nuclear-derived hydrogen
By Michel Rose, Belén Carreño and Kate Abnett PARIS/MADRID/BRUSSELS (Reuters) – A new row has erupted between France, Germany and Spain over nuclear energy, with …
Germany to drag on European growth this decade – Scope ratings agency
BERLIN (Reuters) – Germany will act as a drag on growth in Europe until at least 2030, as it faces pressure to address a declining …
Germany asks Sweden for launchers to boost IRIS-T air defences for Ukraine: Spiegel
BERLIN (Reuters) – Germany is talking to the Swedish government about buying mobile launchers that would boost the capabilities of IRIS-T air defence systems that …
Norway to order 54 new army tanks from Germany
OSLO (Reuters) -Norway will order 54 new German-made Leopard 2 tanks for its army from the Krauss-Maffei Wegmann Group, and will get an option to …
Germany plans to buy eight IRIS-T air defence systems for its military – document
BERLIN (Reuters) – Germany aims to purchase eight IRIS-T air defence units for its military, according to a document seen by Reuters, referring to a …
‘They fire, we hire’ – Germany seizes on Silicon Valley’s woes
By Rene Wagner and Jan Schwartz BERLIN (Reuters) – Faced with a tight labour market and a shortage of workers with key software engineering skills, …
EY Germany to make structural changes in cost-reduction push
(Reuters) – The German unit of EY, formerly known as Ernst & Young, has decided to make structural changes with a focus on personnel measures …
Germany Greenlights Tanks For Ukraine After Allied Pressure Campaign
Germany Greenlights Tanks For Ukraine After Allied Pressure Campaign Micaela Burrow on January 25, 2023 Germany approved delivery of 14 of its Leopard 2 main …
Germany to send Leopard tanks to Ukraine – source
BERLIN (Reuters) – German Chancellor Olaf Scholz has decided to send Leopard 2 tanks to Ukraine and allow other countries such as Poland to do …
Germany won’t reallocate energy crisis funds – finance minister
BERLIN (Reuters) – Germany might not use the full 200 billion euros ($217.50 billion) earmarked for the government’s response to the energy crisis, Finance Minister …
Germany starts deploying Patriot air defence units to Poland
GNOIEN, Germany (Reuters) – Germany on Monday dispatched the first two out of three Patriot air defence units that will be sent to the Polish …
Intel is committed to Germany chip plant, working with government -exec
By Jane Lanhee Lee and Hakan Ersen HALF MOON BAY, Calif/FRANKFURT (Reuters) – U.S. chip giant Intel Corp is committed to building its chip fabrication …