LUXEMBOURG, Oct 17 (Reuters) – A stand-off between France and Germany over the future competitiveness of their industries will be the central point of discussion when EU energy ministers meet in Luxembourg on Tuesday, EU diplomats said. The European Commission proposed an overhaul of rules governing the bloc’s electricity markets in March this year after…
After key regional elections on Sunday in Germany conservatives and right-wing populists are celebrating. But the results are a blow for all three parties in Chancellor Olaf Scholz’s left-wing-led national coalition. The ramifications will be felt across Germany. A quarter of voters were able to go to the polls in regional elections in two of…
BERLIN, Sept 26 (Reuters) – Germany plans to halve the federal aid allocated for states to cover the expenses of receiving and integrating refugees next year, the finance ministry said on Tuesday, as part of belt-tightening amid soaring inflation and economic slowdown. More than 1 million Ukrainians sought refuge in Germany after Moscow’s invasion in…
Germany’s industrial output fell for a second consecutive month in June, figures published this week show, with a drop of 1.5% far wider than the previous month’s slip of 0.1%. The German Economy Ministry warned that high energy prices and interest rates had taken their toll, despite rising demand. The slump in output was greater…
Police have launched an investigation after a candidate for the Alternative for Germany party was allegedly attacked by a group of migrants while he was on his way to a campaign event. Andreas Jurca, the head of the AfD in the Bavarian district of Augsburg and the local candidate for the upcoming state legislature elections,…
BERLIN — Trains, planes and public transit systems stood still across much of Germany on Monday as labor unions called a major one-day strike over salaries in an effort to win inflation-busting raises for their members. The 24-hour walkout – one of the biggest in decades – also affected cargo transport by rail and ship,…
Germany was heavily reliant on China’s network equipment manufacturers for their 4G network and initial 5G networks. Now, Germany plans on banning China’s Huawei and ZTE from their newer and faster upcoming 5g networks. According to the German newspaper Zeit Online, the government intends to prohibit telecom carriers from using certain components from Chinese firms…
US chip giant can no longer commit to starting construction by mid-2023, Volksstimme reports. U.S. tech giant Intel is backing away from plans to start construction in the first half of 2023 on a “mega-fab” semiconductor plant in Germany, according to media outlet Volksstimme. Intel earlier this year committed an initial investment of €17 billion…
FRANKFURT, Dec 15 (Reuters) – Germany is bleeding cash to keep the lights on. Almost half a trillion dollars, and counting, since the Ukraine war jolted it into an energy crisis nine months ago. That’s the cumulative scale of the bailouts and schemes the Berlin government has launched to prop up the country’s energy system…
Twenty-five people have been arrested in raids across Germany on suspicion of plotting to overthrow the government. The group of far-right and ex-military figures are said to have prepared for a “Day X” to storm the Reichstag parliament building and seize power. A minor aristocrat named as Prince Heinrich XIII, 71, is alleged to have…