Germany

Germany to legalize cannabis use for recreational purposes

BERLIN, Oct 26 (Reuters) - Germany on Wednesday set out plans to legalise cannabis, in a move promised by Chancellor Olaf Scholz's government that would make it one of the…

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Germany’s Scholz calls reconstruction of Ukraine ” task for generations”

German Chancellor Olaf Scholz said on Tuesday (October 25) that rebuilding Ukraine would be a task for generations. Scholz spoke at a conference dedicated to the reconstruction of Ukraine after…

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Thousands protest in Germany demanding solidarity in energy relief

BERLIN/DUESSELDORF, Oct 22 - Tens of thousands of protesters in six German cities gathered on Saturday to demand a more just distribution of government funds to deal with rising energy…

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Germany sets cornerstones for liberal migration reforms

BERLIN (Reuters) - Germany's ruling coalition has put the cornerstones in place to change the immigration system to make the country more attractive for skilled workers and fill hundreds of…

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Germany’s parliament approves 200 billion euro fund to tackle energy crisis

BERLIN, Oct 21 (Reuters) - Germany's parliament on Friday approved the government's 200 billion euro ($195 billion) rescue package that aims to protect companies and households from the impact of…

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Germany’s Scholz blasts Putin’s ‘scorched earth’ tactics, warns on gas price cap

BERLIN, Oct 20 (Reuters) - Russian President Vladimir Putin is using energy and hunger as weapons but has failed to break the West's unity and will not achieve his war…

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German exports to Britain could see growth for first time since Brexit vote

BERLIN, Oct 19 (Reuters) - German exports to Britain this year could grow for the first time since 2015 if the upward trend seen from January to August continues through…

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Concern about climate change shrinks globally as threat grows – study

BERLIN, Oct 19 (Reuters) - Concerns about climate change shrank across the world last year, a survey shows, with fewer than half those questioned believing it posed a "very serious…

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German spy chief: ‘Russia is the storm, China is climate change’

BERLIN, Oct 17 (Reuters) - Germany's intelligence service chiefs warned on Monday that China could use stakes in critical infrastructure as leverage to pursue political aims amid a debate in…

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Germany aiming to cushion recession without fuelling inflation -Habeck

PRAGUE, Oct 17 (Reuters) - The German government is aiming to cushion an expected recession with its investment programmes, but without fuelling inflation, Economy Minister Robert Habeck said on Monday.…

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Germany to end conversion of Ukrainian currency to euros on Oct. 30

BERLIN, Oct 17 (Reuters) - Germany will end a programme aimed at helping Ukrainian refugees exchange their hryvnia currency into euros on Oct. 30, the finance ministry and the central…

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Indicators point to hard winter for Germany – economy ministry

BERLIN, Oct 14 (Reuters) - The German economy is facing a difficult winter based on the current economic indicators, the Economy Ministry warned on Friday in its monthly report. It…

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Germans’ winter tourism bookings rise, but still below pre-COVID levels

BERLIN, Oct 12 (Reuters) - Germans' tourism bookings for the 2022/23 winter were down 33% as of the end of August compared with the pre-COVID winter of 2018/19, but sales…

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German economy to slide into recession – EconMin

BERLIN, Oct 12 (Reuters) - The German government expects Europe's largest economy to slide into recession next year as an energy crisis, rising prices and supply bottlenecks take their toll,…

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German prosecutors charge Madeleine McCann suspect with sex offences

BERLIN (Reuters) - German prosecutors said they had charged a 45-year-old German man, who is a suspect in the Madeleine McCann case, with several sexual offences they believe he committed…

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German coalition, beset by crises, could get more fractious after vote

German Chancellor Olaf Scholz's faced the prospect of a more divided government after one of his coalition partners vowed to assert itself more strongly following a drubbing in a state…

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No sign that foreign state was behind German rail sabotage, police say

BERLIN, (Reuters) - German police said it had not excluded political motives in the suspected sabotage of communication cables on Germany's rail network on Saturday but that there was no…

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German voters deliver mixed verdict on Scholz coalition in regional poll

BERLIN (Reuters) - A regional election in delivered mixed fortunes for German Chancellor Olaf Scholz's national ruling coalition on Sunday, with his Social Democrats scoring a clear win but the…

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Rail in northern Germany disrupted by sabotage

BERLIN, Oct 8 (Reuters) - Sabotage was behind a nearly three-hour halt in all rail traffic in northern Germany on Saturday morning, state-owned rail operator Deutsche Bahn (DB) said, without…

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Photo Story: The Festival of Lights in Berlin

Spectators on Friday night pass-by the installation 'Les Lumineoles' by paraglider Christophe Martine in front of the not-illuminated Berlin Cathedral during the Festival of Lights in Berlin, Germany. During the…

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Germany expects recession next year as gas crisis bites

BERLIN, (Reuters) - The German government expects Europe's largest economy to slide into recession next year, contracting 0.4% as an energy crisis, rising prices and supply bottlenecks take their toll,…

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German industrial orders slump more than expected in August

BERLIN, Oct 6 (Reuters) - German industrial orders dropped more than expected in August, dragged down by a fall in orders from the euro zone, where companies are battling with…

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German police see state actor role in Nord Stream blasts as probable – Spiegel

BERLIN, Oct 5 (Reuters) - Germany's BKA federal police assumes explosions in the Nord Stream pipelines last week were "a targeted act of sabotage" and said it is probable that…

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German economy minister calls for EU to coordinate natural gas buying

BERLIN, Oct 5 (Reuters) - European Union member countries, afflicted by soaring prices for natural gas, should coordinate more to make the bloc a single energy buyer, German Economy Minister…

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How Germany’s industrial giants are preparing for winter

BERLIN (Reuters) - Germany has managed to fill its gas reserves to 91.32% of capacity, allaying fears it could run out this winter after Russian gas flows fell sharply following…

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German unemployment rises in September as Ukrainian refugees enter system

BERLIN, Sept 30 (Reuters) - German unemployment rose in September, Labour Office figures showed on Friday, as Ukrainian refugees continue to enter the system. The Federal Labour Office said the…

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Shipping prices drop as parts of Rhine return to normal depths

HAMBURG, Sept 30 (Reuters) - Water levels on the Rhine in Germany have risen sharply after rain this week, returning to normal levels of parts of the river and pushing…

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German economy minister: energy situation ‘extremely tense’

BERLIN, Sept 30 (Reuters) - Germany is in an "extremely tense situation" with regards to energy supply, Economy Minister Robert Habeck said on Friday, a day after the government set…

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Euro sculpture in Frankfurt rescued by crypto firm

FRANKFURT, (Reuters) - A giant blue euro sculpture in the heart of Frankfurt's financial district has a new benefactor: The firm behind a sharia-compliant cryptocurrency. The future of the sculpture,…

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UPDATED: Germany faces threat of economic, social crisis – econ minister

BERLIN, Sept 29 (Reuters) - German businesses and households must reduce their gas useage further as Germany battles an economic war with Russia, German government ministers said on Thursday. "The…

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Spiegel reports CIA warned Berlin about possible attacks on gas pipelines in summer

BERLIN (Reuters) - The U.S. Central Intelligence Agency (CIA) had weeks ago warned Germany about possible attacks on gas pipelines in the Baltic Sea, German magazine Spiegel said, after gas…

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German police investigating Russian billionaire Usmanov search yacht

German police investigating money laundering accusations against Russian billionaire businessman Alisher Usmanov have searched a motor yacht in northern Germany, prosecutors said on Tuesday. Prosecutors did not identify the yacht…

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German business morale slumps as winter recession looms

BERLIN, Sept 26 (Reuters) - The German economy is heading for recession, the Ifo institute said on Monday, reporting a stronger-than-forecast plunge in business morale across all sectors as Germany…

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German chancellor Scholz contracts coronavirus, has mild cold symptoms

BERLIN, Sept 26 (Reuters) - German Chancellor Olaf Scholz has tested positive for coronavirus and is showing mild symptoms of a cold, a government spokesperson said on Monday. Scholz is…

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Inflation threatens stability in Germany – finance minister

BERLIN, Sept 22 (Reuters) - The German government's top priority is combatting high inflation, the finance minister said on Thursday during a parliamentary debate on legislation to offset inflation and…

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German union calls on banks to pay workers 1500 euro energy bonus

BERLIN, Sept 21 (Reuters) - The German union Verdi on Wednesday called on Germany's top banks to pay some of its lowest-earning workers a special bonus to help them combat…

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UPDATED: German police storm estate of Russian oligarch Usmanov

ROTTACH-EGERN, Germany, Sept 21 (Reuters) - German police raided the lakeside residence of Russian oligarch Alisher Usmanov in the southern state of Bavaria on Wednesday, along with several other properties,…

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German utilities close to long-term LNG deals with Qatar

German energy companies RWE and Uniper are close to striking long-term deals to buy liquefied natural gas (LNG) from Qatar's North Field Expansion project to help replace Russian gas, three…

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Rhine water above crisis levels in Germany, approaching normal depths

HAMBURG, Sept 19 (Reuters) - Water depths on the Rhine River in Germany have risen thanks to recent rain and are approaching normal levels after falling this summer to lows…

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Oktoberfest kicks off after two-year hiatus

The annual Oktoberfest, the world's largest beer festival, kicked off on Saturday for the first time since 2019, marking the end of a two-year hiatus as a result of the…

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EPA’s Eye In The Sky: Dresden, Germany

An empty street next to a Dresden Zwinger palace in central Dresden, Germany. Photo: EPA-EFE/FILIP SINGER

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Cold winter could test Germany’s gas supply, regulator warns

BERLIN, (Reuters) - A cold winter could test Germany's gas supply and any shortage won't be foreseeable until it is too late, the head of the country's energy regulator told…

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Germany takes control of Russian-owned refinery amid Europe’s energy crisis

BERLIN, Sept 16 (Reuters) - Germany took control of a major Russian-owned oil refinery on Friday in the latest move to shore up vital energy supplies that have been jeopardised…

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Photo Story: The G7 Speakers’ Meeting in Berlin

(L-R) European Parliament President Roberta Metsola and US Speaker of the House Nancy Pelosi at the G7 Speakers' Meeting at the Reichstag building in Berlin, Germany. The meeting aims to…

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Germany’s utilities warn of insolvencies amid energy crisis

DUESSELDORF/FRANKFURT, Sept 14 (Reuters) - Germany's local utilities stand to face insolvencies amid cost pressures from high energy prices and possible defaults of their own clients, the head of the…

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Inflation, contraction to plague German economy in 2023 -Ifo

BERLIN, Sept 12 (Reuters) - Germany's economy will contract next year as a dramatic rise in energy costs due to the war in Ukraine extinguishes the chances of recovery after…

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Germans switch to costly fan heaters as gas shortage fears bite

FRANKFURT, Sept 11 (Reuters) - Germans could overload their power grid as they switch to inefficient electric heaters in an attempt to avoid gas shortages this winter, utilities warned in…

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Rising energy prices threaten backbone of German industry – survey

BERLIN, (Reuters) - More than 90% of medium-sized German companies see rising energy and raw materials prices as a major or existential threat, a survey showed this week, highlighting the…

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Women make small gains in leadership of private German banks

FRANKFURT (Reuters) - Women made up 35.2% of leadership positions at private banks in Germany in 2021, figures from the bank employment lobby AGV Banken showed on this week, as…

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France, Germany pledge unity to support economy against inflation

France and Germany pledged on Friday to act together to protect households and companies from soaring energy prices, while also using fiscal policy to fight record high inflation. French Finance Minister Bruno Le…

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Germany to introduce ‘green card’ to bolster workforce

The German government is introducing its own version of a "green card", the Chancenkarte (literally "opportunity card"), in an attempt to plug its desperate labor shortage. Industry associations have been complaining…

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Germany’s IfW predicts recession, record inflation for 2023

BERLIN, Sept 8 (Reuters) - Germany's IfW economic institute sharply lowered its forecast for the German economy next year, predicting that it would shrink due to high energy prices as…

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Germany to subsidise basic level of power for homes, businesses – ministry paper

BERLIN, Sept 8 (Reuters) - Germany plans to subsidise a basic level of electricity usage for households and set aside cheaper power for small and medium-sized businesses, according to measures…

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Deutsche Bank CEO warns on recession, China and U.S. banks

FRANKFURT, Sept 7 (Reuters) - Deutsche Bank chief Christian Sewing, painting a bleaker assessment of the Germany economy, on Wednesday warned that China was a considerable risk for the nation…

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Lufthansa to make pilots new offer in wage dispute as union plans strike

German airline Lufthansa said it would make an improved offer to pilots on Tuesday in a bid to stop an escalation of a wage dispute after the union said it would go…

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Germany keeps two nuclear reactors on standby to weather gas crisis

Germany plans to keep two of its three remaining nuclear power stations on standby, beyond a year-end deadline to ditch the fuel, to ensure enough electricity supply through the winter…

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German services sector stumbles as soaring inflation hits confidence – PMI

BERLIN, Sept 5 (Reuters) - Germany's services sector contracted for a second month running in August as domestic demand came under pressure from soaring inflation and faltering confidence, a survey…

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