Germany’s Scholz welcomes Biden’s openness to tweaking U.S. inflation act
BERLIN (Reuters) – German Chancellor Olaf Scholz welcomed comments by U.S. President Joe Biden that he is open to tweaking the Inflation Reduction Act that …
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Germany’s Scholz ‘surprised’ by companies’ China dependence
BERLIN (Reuters) – German Chancellor Olaf Scholz said the number of German companies that have ignored the risks of depending too heavily on the Chinese …
Energy supply improvements brighten Germany’s economic picture -Ifo
BERLIN (Reuters) – Germany’s economic picture has become slightly brighter, with improvements in gas supply, in particular, having an effect, the head of Germany’s Ifo …
Germany’s IG Metall union calls for further strikes on Monday
FRANKFURT (Reuters) – Germany’s IG Metall union on Sunday called for new strikes on Monday in its ongoing wage dispute. The so-called warning strikes will …
Germany’s Scholz tests China ties with inaugural visit, to discuss Ukraine
By Riham Alkousaa and Eduardo Baptista BERLIN (Reuters) – German Chancellor Olaf Scholz arrives in China on a one-day trip on Friday, becoming the first …
Germany’s Defense Pledges Are Uncertain As Costs Of War Bite, Experts Say
Germany’s Defense Pledges Are Uncertain As Costs Of War Bite, Experts Say Micaela Burrow on October 30, 2022 Germany has become the fourth largest military …
Germany’s Continental announces $210 million Mexico expansion
MEXICO CITY (Reuters) – German auto parts maker Continental AG said on Thursday it will invest around 210 million euros ($209.48 million) in the Mexican …
Germany’s Symrise hikes sales target on strong pet food, cosmetics demand
(Reuters) – German flavour and fragrance maker Symrise raised its outlook for full-year sales for the second time this year on Wednesday, after beating nine-month …
Germany’s Scholz calls for bigger European Union
BERLIN (Reuters) – German Chancellor Olaf Scholz on Saturday called for an expanded European Union, telling a gathering of European social democrats that it would …
Explainer-Why Germany’s stance on joint EU debt matters to investors
By Yoruk Bahceli and Dhara Ranasinghe LONDON (Reuters) – Signs that the European Union may jointly fund the bloc’s response to the energy crisis would …
Seismograph spiked twice on day of Baltic pipeline leaks – Germany’s GFZ
BERLIN (Reuters) – A seismograph on the Danish island of Bornholm twice recorded spikes representing earth tremors on Monday, the day on which the Nord …
Russia’s Putin, Germany’s Scholz discuss Zaporizhzhia nuclear plant in phone call
MOSCOW (Reuters) – Russian President Vladimir Putin and German Chancellor Olaf Scholz in a phone call on Tuesday discussed the situation around the Zaporizhzhia nuclear …
Winds of change shift Germany’s economic power northwards
(Fixes typographical error in the headline) By Thomas Escritt and Andreas Rinke BERLIN (Reuters) – Germany’s wet and windswept north has long lacked the economic …
Germany’s municipal utilities expect up to 15% client defaults -Funke
BERLIN (Reuters) – Germany’s municipal utilities expect up to 15% of their clients to default on payments because of high gas prices, the head of …
Germany’s Scholz plans to send more arms to Ukraine – source
TORONTO (Reuters) – Chancellor Olaf Scholz said on Tuesday that Germany planned to deliver further arms to Ukraine, worth more than 500 million euros ($498.55 …
Germany’s Scholz rejects word ‘apartheid’ to describe Middle East conflict
BERLIN (Reuters) – German Chancellor Olaf Scholz rejected the word apartheid to describe relations between Israel and the Palestinian Territories after a meeting with Palestinian …
Germany’s finance minister says he opposes taxing ‘excessive’ profits
BERLIN – Germany should not tax “excessive” company profits earned amid an economic and energy crisis as that would interfere with market forces, the finance …
Ukraine conflict could speed up Germany’s green energy transition – study says
BERLIN – The consequences of the Ukraine conflict could accelerate Germany’s green energy transition despite Berlin’s decision to reconnect coal-fired power plants to compensate for …
Germany’s gas crisis in charts: Pipeline repair, and then what?
By Vera Eckert and Tom Sims FRANKFURT – The flow of gas from Russia to Germany through the Nord Stream 1 pipeline stopped on Monday …
Germany’s gas crisis in five charts
By Vera Eckert and Tom Sims FRANKFURT – Germany, largely dependent on Russian gas to fuel its export-led economy and to keep homes warm, is …
Germany’s Lindner: ECB must get inflation under control
BERLIN – German Finance Minister Christian Lindner urged the European Central Bank on Wednesday to take swift action to get inflation under control. “My impression …
Germany’s debt interest payments could soar next year, finance minister warns – newspaper
BERLIN – Finance Minister Christian Lindner warned that interest charges on Germany’s public debt could reach 30 billion euros next year due to rising interest …
No reserves in Germany’s federal budget, says finance minister
BERLIN – Germany’s federal government has reached the limit of its fiscal capacity, its finance minister said, with extra financing to cope with the coronavirus …
Food deliverer Delivery Hero drops out of Germany’s blue chip index
BERLIN – Food deliverer Delivery Hero will drop out of Germany’s blue chip stock index DAX replaced by consumer goods maker Beiersdorf from June 20, …
Germany’s Scholz says goal to reduce inflation with 2023 debt brake
BERLIN – Germany must refrain from funding long-term subsidies with further credit in order to return to its constitutionally enshrined debt brake next year, Chancellor …
China’s lending policy could trigger new debt crisis – Germany’s Scholz
BERLIN – A lack of transparency in China’s lending poses a threat to developing and emerging countries and could trigger a new debt crisis, German …
Tanks, but no ammo – Germany’s Ukraine pledges show military muddle
By Sabine Siebold and Sarah Marsh BERLIN – Four weeks ago, Germany agreed to send dozens of anti-aircraft tanks to help defend Ukraine from Russia’s …
Germany’s Allianz and its U.S. funds troubles
FRANKFURT – Germany’s Allianz has agreed to pay about $6 billion and its U.S. asset management unit will plead guilty to fraud after a group …
Germany’s Thyssenkrupp, Japan’s NSK mull automotive JV
BERLIN – Thyssenkrupp and Japan’s NSK are considering forming an automotive joint venture, the German conglomerate said on Thursday, as it continues to explore new …
ECB must quickly raise key rates, says head of Germany’s Ifo institute
BERLIN – The European Central Bank must quickly raise interest rates in line with the United States, given high inflation in the euro zone, the …
Scholz defends Germany’s caution on sending heavy arms to Ukraine
BERLIN – Chancellor Olaf Scholz on Sunday rejected criticism that Germany was not showing leadership in western efforts to supply Ukraine with heavy weapons to …
Explainer – Germany’s new gas storage law – how will it work?
By Vera Eckert FRANKFURT – A bill to guarantee minimum gas storage levels in Germany, whose underground facilities account for a quarter of the EU …
Germany’s Bundesbank warns over bank loans to hot property market -report
BERLIN – Germany’s Bundesbank is worried about banks lending to overextended buyers in an overheated property market and reserves the right to impose additional curbs, …
CEO of Germany’s Cewe ‘massively obstructed’ diversity -board
FRANKFURT – Christian Friege, chief executive of German photo service provider Cewe, obstructed diversity and the appointment of a woman as a board member, the …
KKR, EQT among investors eyeing stake in Germany’s Stratec -sources
By Emma-Victoria Farr LONDON – Financial investors including KKR and EQT are considering offers for a stake in listed German laboratory supplier Stratec, sources familiar …
Germany’s Baerbock warns supply shortfall from Ukraine war will be severe
BERLIN – German Foreign Minister Annalena Baerbock warned that supply shortfalls due to the war in Ukraine will be severe and could lead to further …
Germany’s Allianz halts new business in Russia
FRANKFURT – The German insurer and asset manager Allianz said on Monday that it had put a stop to insuring new business in Russia and …
Germany’s Lindner says Europe will be able to shield its economies against inflation rising over Ukraine war
PARIS – European sanctions against Russia over the war in Ukraine will lead to cost increases, German Finance Minister Christian Lindner said, but the bloc …
Russia should not be cut off from SWIFT at the moment – Germany’s Scholz
BERLIN – Cutting off Russia from the SWIFT global interbank payment system should not be part of the second EU sanctions package against Russia that …
Kremlin has signalled it is open to dialogue – Germany’s Scholz
BERLIN -There are “important indications” that a Russian attack on Ukraine can be avoided through diplomacy given the Kremlin’s apparent interest in negotiations on its …
Germany’s BaFin to ban sale of some futures products to retail clients
BERLIN -Germany’s financial watchdog BaFin said on Thursday that it planned to clamp down on the marketing, distribution and sale of futures products with additional …