CashNews.co (Bloomberg) — Germany muscled its way through the Covid-19 pandemic and managed to avoid a devastating industrial shutdown after Russia cut off its gas supplies. Still, it never fully allayed concerns that economic trouble might lie ahead. The past two weeks provided dramatic evidence that these fears were justified. Elections in the eastern German […]
CashNews.co A lot of ink has been spilled on Germany’s supposed stinginess, hypocrisy, and lack of a geopolitical compass. The country’s 2025 draft budget, approved by the governing coalition after some acrimony, is halving aid to Ukraine to just over $4 billion and offers little prospect of future assistance while narrowly meeting NATO’s 2 percent defense […]
CashNews.co BERLIN (AP) — German and Kenyan officials signed an agreement Friday in Berlin to promote the recruitment of skilled workers who can fill gaps in Germany’s labor market, and to facilitate the repatriation of Kenyans who don’t have the right to stay in Germany. The agreement was signed during a visit to Germany by […]
CashNews.co The federal government and the state of Lower Saxony are collectively buying up 80% of the firm, as the shipbuilder struggles with a nearly €2.8 billion hole in its balance sheet. ADVERTISEMENT The German federal budget committee approved the government’s plan to save shipbuilder Meyer Werft on Wednesday morning. The proposal involves the federal […]
CashNews.co BERLIN (Reuters) -German government officials and UniCredit bankers have held talks after the Italian lender’s purchase of a 9% stake in Commerzbank, a German government source said on Friday. The talks, reported exclusively by Reuters, mark a significant development in the potential acquisition of one of Germany’s largest banks by a foreign institution. Italy’s […]
CashNews.co GERMAN FINANCE MINISTRY SPOKESPERSON: IT IS UP TO COMMERZBANK TO HOLD TALKS WITH ITS SHAREHOLDERS IF NECESSARY XM does not provide services to residents of the United States of America. XM does not provide services to residents of the United States of America. Home Trading Trading At XM we offer Ultra Low Micro […]
CashNews.co By Riham Alkousaa BERLIN (Reuters) – German Chancellor Olaf Scholz embarks on his first visit to Central Asia on Sunday, travelling to Kazakhstan and Uzbekistan as Berlin looks for new markets and sources of energy and minerals in the wake of the Ukraine war. He already has some key deals under his belt. Kazakh […]
CashNews.co React NewsFive questions for PBB’s Gerhard MeitingerHead of real estate finance Germany on new regulation and financing targets..24 minutes ago Read More #cashnews #German #finance
CashNews.co BERLIN (Reuters) – The German government rejects a total ban on toxic “forever chemicals” found in many household and everyday items, Chancellor Olaf Scholz said on Thursday. Speaking at a chemical industry conference, Scholz said that where there are no alternatives, the use of so-called PFAS substances must remain possible, for example in the […]
CashNews.co By Adria Calatayud Italy’s UniCredit took a 9% stake in smaller German peer Commerzbank, buying shares from the German government and on the market, and said it would seek regulatory clearance to make further purchases. The Italian lender, one of the biggest banks in the eurozone, said Wednesday that it would engage with Commerzbank […]