Germany’s Scholz pledges to meet 2% NATO spending target
By Matthias Inverardi and Andreas Rinke DUESSELDORF (Reuters) – German Chancellor Olaf Scholz on Monday said defence companies could count on his government ramping up military spending and that it would meet…
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 G7 leader to visit since the start…
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 supporter of Ukraine after the Russian invasion…
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 state of Guanajuato, with plans to open…
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 sales forecasts, citing rising demand in its…
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 then be able to better pull its…
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 mark the next milestone on the path…
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 Stream 1 and 2 gas pipelines underwent…
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 plant in Ukraine, the Kremlin said in…
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 appeal of the industrial south but the…
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 local utilities organisation VKU told Funke Media…
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 million), a source told Reuters. A participant…
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 President Mahmoud Abbas. “Naturally we have a…
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 minister said in an interview on Sunday…
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 falling fossil fuel supplies from Russia, a…
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 as a planned 10-day maintenance period began.…
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 bracing for a possible total halt in…
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 is we have been in an economic…
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 rates and growing debt levels, adding that…
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 pandemic, the impact of the war in…
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, stock market operator Deutsche Boerse said on…
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 Olaf Scholz said on Wednesday. “The goal…
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 Chancellor Olaf Scholz said on Friday. “It…
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 invasion, part of what it called a…
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 of its multibillion investment funds collapsed amid…
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 ownership models for its key business areas…
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