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…
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 head of Germany’s Ifo institute told 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 repel Russia’s invasion, saying that he’d rather…
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 bloc’s total capacity, will kick in from…
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, board director Joachim Wuermeling was quoted as…
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 company’s board of trustees said on Friday.…
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 with the matter told Reuters on Friday.…
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 conflicts in already vulnerable countries. She underscored…
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 was no longer investing in the nation…
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 will be able to protect its economies…
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 EU leaders will decide upon at a…
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 security demands, German Chancellor Olaf Scholz said…
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 payment obligations. It isn’t the first time…
Germany’s Scholz says raising minimum wage a matter of respect
BERLIN – German Chancellor Olaf Scholz said on Saturday that his Social Democrats (SPD) were pushing ahead with their election promise to raise the national minimum wage to 12 euros an hour,…
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