CashNews.co Germany finds itself grappling with a significant regulatory challenge as the European Union’s ambitious Markets in Crypto-Assets Regulation (MiCAR) comes into effect. The collapse of its ruling coalition has left the country without the legislative framework necessary to fully implement MiCAR, creating a regulatory void that jeopardizes its role in the fast-evolving digital finance […]
Finance Colombia » Germany and Colombia Negotiate Debt Swap to Boost Environmental Efforts #NewsGerman
CashNews.co Finance Colombia » Germany and Colombia Negotiate Debt Swap to Boost Environmental Efforts Finance Colombia !function(e,n,t){var o,c=e.getElementsByTagName(n)[0];e.getElementById Read More #cashnews #German #finance
Deutsche Bank CEO says German economy needs ‘urgent’ action #NewsGerman
CashNews.co LONDON (Reuters) -Germany’s struggling economy needs urgent action to boost its competitiveness, Deutsche Bank’s CEO said on Wednesday, calling for structural reforms, less regulation and lower taxes on companies. “Germany needs to adjust its business model,” Christian Sewing told the FT Global Banking Summit in London. “It is urgent we take action,” he said, […]
Germany Plans €1.3B Subsidy to Lower Electricity Fees #NewsGerman
CashNews.co Published : 2 minutes agoon 03/12/2024 BERLIN (Reuters) – Germany’s cabinet has approved a proposal for a 1.3 billion euro ($1.37 billion) subsidy to offset electricity network fees for consumers next year, the economy ministry said on Tuesday. The plan, which seeks to stabilise electricity prices, comes as high energy costs strain household budgets […]
Defying headwinds, German stocks hit milestone #NewsGerman
CashNews.co The blue-chip German stock index followed gains on the US and Asian markets to hit a new record (Daniel ROLAND) Germany’s blue-chip DAX stock index jumped above 20,000 points for the first time Tuesday following gains on US and Asian markets, defying multiple headwinds battering Europe’s biggest economy. The index, which groups the 40 […]
German cabinet approves $1.4 billion subsidy to cut 2025 power network fees #NewsGerman
CashNews.co BERLIN (Reuters) – Germany’s cabinet has approved a proposal for a 1.3 billion euro ($1.37 billion) subsidy to offset electricity network fees for consumers next year, the economy ministry said on Tuesday. The plan, which seeks to stabilise electricity prices, comes as high energy costs strain household budgets and hinder industrial production in Europe’s […]
Northvolt’s US bankruptcy filing threatens €600 million for Germany #NewsGerman
CashNews.co A general view of the Swedish battery manufacturer Northvolt Lab. Swedish battery manufacturer Northvolt’s financial troubles could cost the German federal government and the northern state of Schleswig-Holstein dearly, following the company’s bankruptcy filing in the United States. Britta Pedersen/dpa Swedish battery manufacturer Northvolt’s financial troubles could cost the German federal government and the […]
Scholz fired finance minister over Taurus missiles proposal, ex-FM says #NewsGerman
CashNews.co German Chancellor Olaf Scholz fired former Finance Minister Christian Lindner after he proposed sending Ukraine Taurus missiles instead of financial aid, Lindner said on Nov. 7, according to the German media outlet Berliner Zeitung. Scholz’s dismissal of Lindner on Nov. 6 triggered the collapse of Germany’s three-party governing coalition. Economic disagreements led to Lindner’s […]
Germany €2B Investment Boosts Chip Industry Growth #NewsGerman
CashNews.co Published : 3 days agoon 29/11/2024 (Reuters) – The German government is preparing billions of euros of new investments into the country’s semiconductor industry, Bloomberg News reported on Thursday. The subsidies are expected to be about 2 billion euros ($2.11 billion), Bloomberg reported, citing two people who attended an event about the funding plans. […]
Inflation inches up in German states, pointing to national rise in November #NewsGerman
CashNews.co BERLIN (Reuters) -Inflation rose in a number of German states in November, preliminary data showed on Thursday, suggesting that the national inflation rate would also increase as forecast. In Bavaria, the annual inflation rate rose in November to 2.6% from 2.4% the previous month. It inched up in Brandenburg to 1.9% from 1.8%, in […]