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Germany

Germany joins battle against EU ban on financial product commission

January 16, 2023
Germany joins battle against eu ban on financial product commission - photo licensed by shore news network.

By Huw Jones LONDON (Reuters) – Banning commission-based sales of financial products from banks and insurers would be a “serious setback” to the European Union’s …

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Tesla under fire in Germany over union concerns on working hours, contracts

February 3, 2023January 16, 2023
Tesla under fire in germany over union concerns on working hours, contracts - photo licensed by shore news network.

BERLIN (Reuters) – Tesla has come under fire from German union IG Metall and politicians over allegations by workers of unreasonable working hours and fears …

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Germany falls to bottom rung of investment ranking on energy costs, labour shortage

January 15, 2023
Germany falls to bottom rung of investment ranking on energy costs, labour shortage - photo licensed by shore news network.

(Reuters) – Germany’s attractiveness as an investment location has fallen four places to 18th of 21 in a ranking of industrial economies by economic research …

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Germany should diversify its trade partners, economic adviser says

January 12, 2023January 12, 2023
Germany should diversify its trade partners, economic adviser says - photo licensed by shore news network.

BERLIN (Reuters) – Germany needs to diversify its international business partners and focus on new regions of the world, the government’s chief economic adviser said, …

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80% of people seeking protection in Germany last year from Ukraine

January 11, 2023
80% of people seeking protection in germany last year from ukraine - photo licensed by shore news network.

BERLIN (Reuters) – Roughly eight out of 10 people seeking protection in Germany last year came from Ukraine as part of the largest flight of …

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Germany says it wants to increase pressure on Iran after latest executions

January 9, 2023January 9, 2023
Germany says it wants to increase pressure on iran after latest executions - photo licensed by shore news network.

BERLIN (Reuters) – German Chancellor Olaf Scholz on Monday condemned Iran for using the death penalty against demonstrators, and his spokesperson said Berlin wanted to …

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Germany tells Musk it expects Twitter to fight disinformation

January 6, 2023January 6, 2023
Germany tells musk it expects twitter to fight disinformation - photo licensed by shore news network.

BERLIN (Reuters) – Germany’s digital minister recently met Elon Musk to clarify what Berlin expects from Twitter, especially in fighting disinformation, since the Tesla founder …

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Germany arrests intelligence service employee suspected of spying for Russia

December 22, 2022December 22, 2022
Germany arrests intelligence service employee suspected of spying for russia - photo licensed by shore news network.

By Sarah Marsh and Miranda Murray BERLIN (Reuters) – German authorities said on Thursday they had arrested an employee of its foreign intelligence service (BND) …

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Germany Stocks Up On Candles As Energy Crisis Rages

December 21, 2022December 20, 2022
Germany stocks up on candles as energy crisis rages - photo licensed by shore news network.

Germany Stocks Up On Candles As Energy Crisis Rages Jack McEvoy on December 20, 2022 Germans are stocking up on wax candles to light up …

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Germany on Twitter suspensions: ‘We have a problem, @Twitter’

December 28, 2022December 16, 2022
Germany on twitter suspensions: 'we have a problem, @twitter' - photo licensed by shore news network.

By Thomas Escritt BERLIN (Reuters) -The German Foreign Office tweeted screenshots on Friday of the accounts of journalists suspended by Twitter, warning the platform that …

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Energy crisis fuels coal comeback in Germany

December 16, 2022
Energy crisis fuels coal comeback in germany - photo licensed by shore news network.

By Vera Eckert and Tom Sims FRANKFURT (Reuters) – Coal has made a comeback in Germany this year, as Europe’s largest economy turns to the …

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Bundesbank sees recession, higher inflation in Germany

December 16, 2022
Bundesbank sees recession, higher inflation in germany - photo licensed by shore news network.

FRANKFURT (Reuters) – Inflation in Germany, the euro zone’s biggest economy, is likely to be higher than earlier thought while economic growth will be weaker …

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Germany not facing gas emergency but more savings needed -regulator

December 14, 2022
Germany not facing gas emergency but more savings needed -regulator - photo licensed by shore news network.

FRANKFURT (Reuters) – Germany is currently not at risk of a gas emergency that would include rationing, the head of its energy regulator said, but …

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Germany calls for global regulation of crypto industry

December 14, 2022
Germany calls for global regulation of crypto industry - photo licensed by shore news network.

FRANKFURT (Reuters) – Germany’s top regulator this week called for global regulation of the cryptocurrency industry to protect consumers, prevent money laundering and preserve financial …

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Germany plans record debt issuance in 2023 as energy crisis bites

December 14, 2022

BERLIN (Reuters) – Germany plans record debt issuance of more than 500 billion euros ($533 billion) next year to fund costs associated with the energy …

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Germany entirely dependent on imports for 14 critical raw materials – study

December 14, 2022
Germany entirely dependent on imports for 14 critical raw materials - study - photo licensed by shore news network.

BERLIN (Reuters) – Germany is highly dependent on imports for many crucial raw materials and often relies entirely on other countries to meet demand, according …

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Germany to pledge additional 50 million euros in winter aid for Ukraine

December 13, 2022December 13, 2022
Germany to pledge additional 50 million euros in winter aid for ukraine - photo licensed by shore news network.

BERLIN (Reuters) – Germany will approve another 50 million euros ($52.68 million) in winter aid for Ukraine in response to Russian attacks on energy infrastructure …

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Germany expects decision on Schwedt refinery oil supply next week – ministry

December 9, 2022December 9, 2022
Germany expects decision on schwedt refinery oil supply next week - ministry - photo licensed by shore news network.

BERLIN (Reuters) -Germany expects to reach a decision next week on how the Schwedt refinery will be supplied as a ban on Russian oil takes …

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Germany could become Europe’s big semiconductor producer – Scholz

December 9, 2022
Germany could become europe's big semiconductor producer - scholz - photo licensed by shore news network.

BERLIN (Reuters) – Germany could become Europe’s big producer of semiconductors thanks to investments being made in the field, said German Chancellor Olaf Scholz at …

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Launch of floating LNG terminal in Lubmin, Germany, delayed – Spiegel

December 8, 2022
Launch of floating lng terminal in lubmin, germany, delayed - spiegel - photo licensed by shore news network.

BERLIN (Reuters) – The launch of a floating terminal for liquefied natural gas (LNG) in Lubmin, Germany, which was due at the beginning of December, …

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Factbox-Far-right attacks, scandals in Germany

December 8, 2022December 8, 2022
Factbox-far-right attacks, scandals in germany - photo licensed by shore news network.

BERLIN (Reuters) – German authorities expect further arrests as they investigate a far-right group that prosecutors say was preparing to overthrow the state and install …

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Suspicious packages sent to Ukrainian missions came from Germany – Kyiv

December 7, 2022December 7, 2022
Suspicious packages sent to ukrainian missions came from germany - kyiv - photo licensed by shore news network.

KYIV (Reuters) – A series of suspicious packages sent to Ukrainian embassies all bore the address of a Tesla car dealership in Germany and were …

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Russia’s Rosneft says net income hit by assets transfer in Germany

December 7, 2022
Russia's rosneft says net income hit by assets transfer in germany - photo licensed by shore news network.

By Vladimir Soldatkin MOSCOW (Reuters) -Russian largest oil producer Rosneft said on Wednesday its nine-month profit was hit by the transfer of assets in Germany …

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Germany to set up climate protection contracts with industry in 2023 – minister

December 3, 2022
Germany to set up climate protection contracts with industry in 2023 - minister - photo licensed by shore news network.

(Reuters) – Germany will set up so-called climate protection contracts with industrial companies next year to support a transition towards cleaner production and a switch …

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Germany trying to find amicable agreement with U.S. on inflation act

November 30, 2022
Germany trying to find amicable agreement with u. S. On inflation act - photo licensed by shore news network.

BERLIN (Reuters) – Germany and its European Union partners are trying to find an amicable agreement with the United States on how to deal with …

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Nearly all toy, food retailers in Germany planning price hikes -Ifo

November 29, 2022November 29, 2022
Nearly all toy, food retailers in germany planning price hikes -ifo - photo licensed by shore news network.

BERLIN (Reuters) – Nearly all toy, food and stationery retailers in Germany plan to raise their prices with a view to the Christmas shopping season, …

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Germany must step up competition to become green economy leader – EconMin

November 25, 2022November 25, 2022
Germany must step up competition to become green economy leader - econmin - photo licensed by shore news network.

BERLIN (Reuters) – The world’s largest economic powers are going to compete over who will be able to create a lead market for a climate-neutral …

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G7 to discuss Ukraine winter aid in Bucharest next week, Germany says

November 24, 2022November 24, 2022
G7 to discuss ukraine winter aid in bucharest next week, germany says - photo licensed by shore news network.

BERLIN (Reuters) – Foreign ministers from the Group of Seven (G7) will discuss how to further support Ukraine in ensuring its energy supply during a …

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Germany to emerge from crisis stronger with new trade, energy policies – Scholz

November 23, 2022
Germany to emerge from crisis stronger with new trade, energy policies - scholz - photo licensed by shore news network.

BERLIN (Reuters) – Germany is strong enough to weather the crisis caused by Russia’s invasion of Ukraine and emerge stronger from it thanks a new …

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France, Germany urge firm response to U.S. inflation law

November 22, 2022
France, germany urge firm response to u. S. Inflation law - photo licensed by shore news network.

PARIS (Reuters) – France and Germany sought on Tuesday to pave over differences on economic policy with ministers saying they agreed Europe needed a strong …

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Germany reaches compromise plan on landmark welfare reform – sources

November 22, 2022
Germany reaches compromise plan on landmark welfare reform - sources - photo licensed by shore news network.

BERLIN (Reuters) -Germany’s ruling coalition parties and opposition conservatives reached a compromise on a major welfare reform on Tuesday, according to a proposal seen by …

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Germany plans to tighten rules for firms highly dependent on China – document

November 19, 2022November 19, 2022
Germany plans to tighten rules for firms highly dependent on china - document - photo licensed by shore news network.

By Andreas Rinke BERLIN (Reuters) – Germany’s foreign ministry plans to tighten the rules for companies deeply exposed to China, making them disclose more information …

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Germany watching developments at Twitter with growing concern

December 11, 2022November 18, 2022
Germany watching developments at twitter with growing concern - photo licensed by shore news network.

BERLIN (Reuters) – The German government is watching developments at Twitter with growing concern, a government spokesperson said on Friday. “Of course, we are observing …

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UniCredit to give staff in Germany 2,500 euro tax-free bonus-memo

November 18, 2022
Unicredit to give staff in germany 2,500 euro tax-free bonus-memo - photo licensed by shore news network.

MILAN (Reuters) – Italy’s second-largest lender UniCredit will give its staff in Germany a bonus of 2,500 euros ($2,594) to compensate for rising inflation, a …

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KFC offers crispy chicken special to celebrate 1938 attacks on Jews in Nazi Germany

November 17, 2022
Kfc store.

KFC sent an offer on its app for Germans to celebrate what is widely considered the trigger of the Holocaust to its users this week. …

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Germany faces 10 billion euro rise in interest costs – committee document

November 11, 2022
Germany faces 10 billion euro rise in interest costs - committee document - photo licensed by shore news network.

BERLIN (Reuters) – The rising cost of borrowing and high inflation mean Germany’s federal government faces some 10 billion euros ($10.25 billion) more in interest …

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Xi tells Scholz China, Germany should step up cooperation in turbulent times

November 4, 2022
Xi tells scholz china, germany should step up cooperation in turbulent times - photo licensed by shore news network.

By Andreas Rinke and Eduardo Baptista BEIJING (Reuters) -Chinese President Xi Jinping on Friday touted the need for greater cooperation between China and Germany amid …

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Germany Gives China Nearly One Quarter Stake In Port After Vowing To Reduce Its Dependence On The Country

October 27, 2022
Germany gives china nearly one quarter stake in port after vowing to reduce its dependence on the country - photo licensed by shore news network.

Germany Gives China Nearly One Quarter Stake In Port After Vowing To Reduce Its Dependence On The Country Micaela Burrow on October 26, 2022 In …

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Germany needs billions to solve its energy crisis, but buyers are shunning its bonds

October 27, 2022October 27, 2022
Germany needs billions to solve its energy crisis, but buyers are shunning its bonds - photo licensed by shore news network.

By Samuel Indyk and Harry Robertson LONDON (Reuters) – Germany, considered Europe’s most reliable debtor, is having trouble selling its bonds, just as it seeks …

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Energy costs push Germany flash PMI to 29-month low – S&P Global

October 24, 2022October 24, 2022
Energy costs push germany flash pmi to 29-month low - s&p global - photo licensed by shore news network.

BERLIN (Reuters) – Germany’s economic downturn deepened in October, the flash S&P Global composite purchasing managers’ index showed on Monday as its reading fell to …

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Trafigura signs $800 million loan agreement with Germany

October 21, 2022October 21, 2022
Trafigura signs $800 million loan agreement with germany - photo licensed by shore news network.

(Reuters) – Commodities trading firm Trafigura said on Friday it had signed an $800 million five-year loan agreement guaranteed by the government of Germany. The …

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Energy-Poor Germany Finally Decides To Keep Nuclear Plants Online Through The Winter

October 18, 2022
Energy-poor germany finally decides to keep nuclear plants online through the winter - photo licensed by shore news network.

  Energy-Poor Germany Finally Decides To Keep Nuclear Plants Online Through The Winter Jack McEvoy on October 17, 2022 German Chancellor Olaf Scholz announced on …

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Germany aiming to cushion recession without fuelling inflation -Habeck

October 17, 2022
Germany aiming to cushion recession without fuelling inflation -habeck - photo licensed by shore news network.

PRAGUE (Reuters) – The German government is aiming to cushion an expected recession with its investment programmes, but without fuelling inflation, Economy Minister Robert Habeck …

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Indicators point to hard winter for Germany – economy ministry

October 14, 2022
Indicators point to hard winter for germany - economy ministry - photo licensed by shore news network.

BERLIN (Reuters) – The German economy is facing a difficult winter based on the current economic indicators, the Economy Ministry warned on Friday in its …

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Germany needs to tackle inflation threat, wants transparency from China – Lindner

October 13, 2022
Germany needs to tackle inflation threat, wants transparency from china - lindner - photo licensed by shore news network.

By Andrea Shalal WASHINGTON (Reuters) -Germany’s finance minister said on Thursday that fighting inflation was the government’s biggest priority and demanded reforms that would lift …

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Germany extends checks at Austrian border as migrant numbers rise

October 11, 2022October 11, 2022
Germany extends checks at austrian border as migrant numbers rise - photo licensed by shore news network.

BERLIN (Reuters) – Germany is extending border checks at crossings from Austria for six months from November given a recent rise in the number of …

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Germany will discuss US inflation act with Washington – Scholz

October 11, 2022
Germany will discuss us inflation act with washington - scholz - photo licensed by shore news network.

BERLIN (Reuters) – Germany will discuss the United States’ Inflation Reduction Act with Washington to address competition concerns, German Chancellor Olaf Scholz said on Tuesday. …

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Germany: 952,000 people arrived from Ukraine in Feb-Aug period

October 10, 2022
Germany: 952,000 people arrived from ukraine in feb-aug period - photo licensed by shore news network.

BERLIN (Reuters) – Some 952,000 people arrived in Germany from Ukraine in the February-August period of this year, the Federal Statistics Office said on Monday. …

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Germany wants those behind Iran crackdown banned from EU, assets frozen – newspaper

October 9, 2022October 9, 2022
Germany wants those behind iran crackdown banned from eu, assets frozen - newspaper - photo licensed by shore news network.

BERLIN (Reuters) – Germany will ensure the European Union freezes the assets of those responsible for a violent crackdown on anti-government protests in Iran and …

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Drivers in Germany face higher insurance premiums – industry executive

October 4, 2022
Drivers in germany face higher insurance premiums - industry executive - photo licensed by shore news network.

MUNICH (Reuters) – German drivers should brace for higher auto insurance premiums next year, following three years of price declines, an industry executive told Reuters. …

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