CashNews.co German president Frank-Walter Steinmeier has said that he expects his country to remain Ukraine’s leading military supporter in Europe. The president’s rare intervention in daily politics follows reports that domestic austerity measures could see German military assistance to Ukraine halved in 2025. “Germany is the biggest military supporter of Ukraine, the reasons for which […]
German Finance Watchdog Warns Of AI-Linked Discrimination #NewsGerman
CashNews.co By Josh White (August 19, 2024, 3:29 PM BST) — Germany’s financial watchdog has said it will take “decisive action” against the companies it supervises it they fail to stop illegal discrimination caused by artificial intelligence and machine learning…. Law360 is on it, so you are, too. A Law360 subscription puts you at the […]
Germany and G7 partners are working on a loan plan financed with frozen Russian assets #NewsGerman
CashNews.co © Agenzia Nova – Reproduction reserved Germany and its G7 partners are working intensively on a plan to provide military support to Ukraine through loans financed with proceeds from frozen Russian assets. This was stated by a spokesperson for the German Finance Ministry. “We are working intensively on this financing instrument,” the spokesperson said. […]
Germany hopes interest from Russian assets will ease the strain of financing aid to Ukraine | #NewsGerman
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Germany hopes interest from Russian assets will ease the strain of financing aid to Ukraine #NewsGerman
CashNews.co BERLIN (AP) — German officials on Monday rejected suggestions that national budget constraints could hurt weapons deliveries to Ukraine. Berlin is its biggest supplier after the United States. The German government hopes a $50 billion international loan package funded by interest on profits from frozen Russian assets will ease some of the strain of […]
German finance minister under fire for Ukraine aid veto #NewsGerman
CashNews.co Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. The German government has come under attack from politicians across the political spectrum after it emerged that finance minister Christian Lindner has written to colleagues to veto new military aid for Ukraine. In […]
German Left Party leaders step down following difficult election results #NewsGerman
CashNews.co The party is hoping for a breath of fresh air ahead of upcoming state elections in eastern Germany. ADVERTISEMENT The leaders of Germany’s Left Party, Janine Wissler and Martin Schirdewan, have announced their decision to step down following a string of electoral defeats and growing criticism surrounding the party. The pair said on the […]
BaFin orders Thurgau adviser to cease unauthorised business in Germany #NewsGerman
CashNews.co The German financial supervisory authority BaFin has ordered Meier + Partner to immediately cease its unauthorised investment brokerage and advisory services in Germany. Meier + Partner is a private equity investment broker and corporate finance adviser based in Wängi, Thurgau, according to its website. BaFin stated that the order is immediately enforceable but not […]
German parliamentarians warn that any fall in financial aid to Ukraine would send ‘fatal signal’ #NewsGerman
CashNews.co A letter from the finance minister has raised concerns about how long and how robustly Germany will continue to support Ukraine in the face of Russia’s invasion. ADVERTISEMENT German politicians have blasted potential government plans to refuse to send Ukraine any more financial aid. The chairman of the Bundestag’s Foreign Affairs Committee, Michael Roth, […]
Why Germany’s coalition is fighting itself again – POLITICO #NewsGerman
CashNews.co Whatever the party’s long-term strategy, there’s no question that it has decided to ignore Scholz’s calls for détente and go on the attack by ignoring its partners’ red lines. Ruining Scholz’s summer holiday The party’s summer disruption campaign began last week. In an interview with German public television, party leader Christian Lindner, who is […]