Germany

Berlin airport says no departures on Thursday due to strike

Berlin Brandenburg airport said there would be no departures for passengers on Thursday due to strikes announced by public sector union Verdi. Security staff plan to stage strikes at airports…

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German unemployment edges down in January

By Maria Martinez Jan 31 (Reuters) - The number of unemployed people in Germany fell marginally in January, Labour Office figures showed on Wednesday, defying expectations of an increase. The…

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Inflation down in German states, pointing to national decline

BERLIN, Jan 31 (Reuters) - Inflation fell in six economically important German states in January, preliminary data showed on Wednesday, suggesting that German inflation has resumed its downward trajectory. The…

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German police seizes $2.17 billion in bitcoin in ‘most extensive’ action ever

German police have confiscated 50,000 bitcoin worth $2.17 billion in the country's 'most extensive' cryptocurrency seizure ever, it said in a statement. "This is the most extensive seizure of bitcoins…

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Germany to approve EU’s planned AI act

Germany will approve the European Union's pioneering AI Act after the minister responsible for digital issues said a compromise had been reached. The European Union in December reached a provisional…

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Scholz calls for 15% corporate tax rate in EU countries

German Chancellor Olaf Scholz called on the European Union to complete its creation of a banking and capital markets union so the bloc can compete with the U.S. and China for…

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German support for EU supply chain law in doubt

BERLIN (Reuters) - Germany's support for a law requiring firms in the European Union to take action if they find their supply chains in violation of human rights has become…

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German economy limps into 2024 as business sentiment falls

Business climate index at 85.2 vs 86.7 forecast Economists predict another contraction in Q1 Red Sea problems weigh on outlook By Rachel More BERLIN, Jan 25 (Reuters) - German business…

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Jan

German train drivers union calls for further strikes this week

Jan 22 (Reuters) - Germany's GDL train drivers' union on Monday called for a fourth round of strikes this week, as it further escalated a wage dispute with Deutsche Bahn…

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Germany warns Putin could attack Nato countries in five to eight years

Vladimir Putin could attack Nato within five to eight years, Germany has warned, as Baltic nations approved a plan to build defences along their borders with Russia and Belarus. “We…

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Siemens Energy chairman warns against far right amid German protests

By Andreas Rinke and Emma-Victoria Farr BERLIN/FRANKFURT, Jan 20 (Reuters) - Siemens Energy supervisory board chairman Joe Kaeser has warned of a resurgence of right-wing extremism in Germany, as the…

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Labour-hungry Germany eases citizenship path despite migration rows

By Thomas Escritt BERLIN, (Reuters) - Germany shortened foreigners' paths to citizenship and ended a ban on dual nationality on Friday by passing a naturalisation law designed to reflect the…

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Winter weather upends travel in Germany for a second day

BERLIN, Jan 18 (Reuters) - Heavy snowfall and icy conditions upended air, car and train travel across Germany for a second day on Thursday. At Frankfurt airport, Germany's largest hub,…

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UPDATED: Oslo airport closes due to heavy snowfall

OSLO, Jan 17 (Reuters) - Oslo's main airport closed for safety reasons on Wednesday due to heavy snowfall in Norway's capital region and many train services and other public transport…

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There’s no more money, German minister tells rowdy farmers

By Thomas Escritt BERLIN, Jan 15 (Reuters) - Germany's Finance Minister Christian Lindner took to the stage on Monday in front of thousands of jeering farmers protesting against tax rises…

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UPDATED: No decision on German government exiting Commerzbank stake -spokesperson

BERLIN, Jan 15 (Reuters) - There is no decision on the German government exiting its stake of Commerzbank CBKG.DE and in any case the proceeds from such a sale would…

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German insolvencies increased significantly at the end of 2023

BERLIN, (Reuters) - A weak economy and high interest rates caused many German companies to slide into insolvency at the end of 2023, the German statistics office said. The number…

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German wholesalers sound alarm as sentiment ‘on the floor’

BERLIN, Jan 10 (Reuters) - German wholesalers expect their revenues to fall 2% in nominal terms this year, continuing a downward trajectory after a 3.75% decline last year, the BGA…

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Outlook for German construction sector grim in 2024, researchers say

By Rene Wagner and Tom Sims BERLIN, Jan 10 (Reuters) - The outlook for Germany's construction sector is grim for 2024, according to two prominent research institutes on Wednesday, a…

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Scholz wants to discuss Ukraine arms at EU February summit

German Chancellor Olaf Scholz wants to put added pressure on EU partners to deliver more weapons to Ukraine by raising the issue at a special summit of EU leaders next…

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UPDATED-German railways grind to near halt in three-day train drivers strike

By Stephane Nitschke and Andreas Kranz COLOGNE, Germany, Jan 10 (Reuters) - Hundreds of thousands of people faced train cancellations across Germany from Wednesday, as a three-day nationwide rail strike…

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Germany will not oppose further Eurofighters for Saudi Arabia

TEL AVIV (Reuters) - Germany is prepared to allow further deliveries of Eurofighter jets to Saudi Arabia, German Foreign Minister Annalena Baerbock said. Berlin halted arms sales to Saudi Arabia…

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German train drivers to strike this week – GDL union

FRANKFURT, Jan 7 (Reuters) - Germany's GDL train drivers' union said on Sunday that it was calling on members to strike this week, an escalation of a wage dispute with…

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Germany’s 2023 CO2 emissions fall to lowest in 70 years but drop not yet sustainable- study

By Riham Alkousaa BERLIN, (Reuters) - Germany's carbon dioxide emissions in 2023 fell to their lowest since the 1950s due to less coal-fired power and reduced output by energy-intensive industries,…

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German services sector activity fell in December -PMI

BERLIN, Jan 4(Reuters) - Business activity in the German services sector declined slightly in December, while price pressures rose, a survey showed on Tuesday. The HCOB final services Purchasing Managers'…

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German unemployment edged up in December

By Maria Martinez BERLIN, Jan 3 (Reuters) - The number of unemployed people in Germany rose slightly in December, though by much less than analysts had expected, and the 2023…

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Germany calls Red Sea attacks unacceptable, assessing mission options

BERLIN, Jan 3 (Reuters) - Attacks on merchant ships in the Red Sea are unacceptable and must stop, a spokesperson for the German foreign ministry said on Wednesday, adding that…

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UPDATED: Veteran German politician Wolfgang Schaeuble dies at 81

BERLIN, Dec 27 (Reuters) - Wolfgang Schaeuble, who served as a member of the German parliament for over half a century, has died aged 81, ending one of Germany's longest…

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Lithuanian and German police break-up criminal group responsible for stealing luxury cars

Close cooperation between Lithuanian and German authorities, together with support from Europol and Eurojust, has led to the dismantling of an international criminal network of car thieves. The Criminal Investigation…

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Security hiked at Cologne cathedral for Christmas amid attack threat

BERLIN, (Reuters) - German police said they were heightening security at Cologne Cathedral following indications of an attack planned for New Year's Eve, a week after the interior minister warned…

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German home prices tumble amid property rout

By Tom Sims and Rene Wagner FRANKFURT, Dec 22 (Reuters) - Residential property prices in Germany continued their fall, dropping 10.2% in the third quarter from a year earlier, a…

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Europe-wide police operation against criminal network behind shock calls terrifying elderly across Europe

In a coordinated action which ran between 27 November and 8 December, law enforcement and judicial authorities from five countries joined forces to take down a criminal network suspected of…

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Christmas shopping season disappoints German retailers -Ifo

BERLIN, Dec 21 (Reuters) - German retailers' sentiment clouded over in December, according to a survey released on Thursday, as Christmas shopping failed to offer a boost and expectations for…

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German consumer sentiment to rise with start of new year -GfK

BERLIN, Dec 20 (Reuters) - German consumer sentiment is set to improve with the start of the new year, though whether the rise marks the beginning of a sustained recovery…

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German companies planning more price hikes – Ifo

BERLIN, Dec 20 (Reuters) - German companies are increasingly planning to raise prices again, according to a poll released on Wednesday, indicating that the decline in inflation in Europe's largest…

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German firms’ China worries pushing up costs, Bundesbank finds

Years of effort by German companies to diversify their supply chains is pushing up costs and further increases are still in the pipeline, especially for firms with ties to China,…

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Europe must rearm as new threats loom, German minister says

BERLIN, Dec 16 (Reuters) - Europe must race to ensure it can better defend itself as new military threats could emerge by the end of the decade even as the…

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Germany’s Ifo institute cuts 2024 GDP forecast on uncertainty

BERLIN, (Reuters) - Germany's Ifo institute cut its 2024 economic growth forecast for the country, saying uncertainty among consumers and companies, which has been further fuelled by a budget crisis…

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UPDATED: German government to keep debt brake in 2024 budget

Coalition agrees budget after month of tense talks Details unknown, government to deliver statements at noon Deal should improve business sentiment in Europe's top economy By Maria Martinez and Andreas…

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Germany’s aviation lobby sees slower traffic recovery for Germany vs Europe

BERLIN, (Reuters) - Air traffic in Germany is recovering much more slowly than in the rest of Europe, the German aviation association (BDL) warned, with direct routes within domestic airports…

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Germany remains Europe’s top destination for foreign direct investment

BERLIN, (Reuters) - The number of foreign companies settling in Germany is expected to fall by almost a fifth in 2023 but the country remains Europe's most sought after destination…

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Many German employees still face real wage losses in 2023 – WSI

BERLIN, Dec 7 (Reuters) - Despite falling inflation and rising collectively agreed wages, many Germans face a reduction in spending power this year, data from the Institute of Economic and…

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Germany to extend border controls with Poland, Czech Republic, Switzerland

Germany plans to extend its border controls with Poland, the Czech Republic and Switzerland to stem a migration surge and combat people-smuggling until Dec. 15, a spokesperson for the interior…

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UPDATED: Munich flights, long-distance trains cancelled due to snow

Dec 2 (Reuters) - Long-distance trains and hundreds of flights in and out of the German city of Munich were cancelled on Saturday because of heavy snowfall, according to statements…

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German unemployment rises in November amid economic downturn

By Maria Martinez Nov 30 (Reuters) - The number of unemployed people in Germany rose in line with analysts' expectations in November, Labour Office figures showed on Thursday. The Federal…

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Germany hit by deadly winter weather

Authorities in western Germany on Tuesday urged residents to stay home, warning of life-threatening danger, after a burst of winter weather led to hazardous roads, leaving two people dead. The…

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German government unveils budget fixes as way out of crisis

Germany's ruling coalition unveiled a supplementary budget on Monday that will temporarily lift a self-imposed cap on borrowing after a constitutional court ruling tore up the government's spending plans. The…

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UPDATED: German government to agree budget fixes as way out of crisis

BERLIN, Nov 27 (Reuters) - Germany's ruling coalition was expected to agree a supplementary budget on Monday that will temporarily lift a self-imposed cap on borrowing limits after a constitutional…

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German business sentiment improves in November – Ifo

BERLIN, (Reuters) - German business morale improved for a third straight month in November, the Ifo institute said after its latest survey, adding there had been no impact "for the…

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OECD: German budget crisis could slow down EU economy

BERLIN, Nov 23 (Reuters) - The Organisation for Economic Cooperation and Development (OECD) warned on Thursday that Germany's budget crisis, which has called into question billions of euros in planned…

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Scholz pledges greater investment in Africa’s green energy sector

Germany will invest 4 billion euros in green energy projects in Africa until 2030, Chancellor Olaf Scholz said on Monday, noting these could in turn help Europe's largest economy achieve its own…

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EPA’s Eye In The Sky: Eltz Castle, Mueden, Germany

A view of Eltz Castle with the autumnally discoloured forest near Mueden, Germany. Eltz Castle founded in the 9th and mainly built in the 12th century is still owned by…

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Germany, France and Italy reach agreement on future AI regulation

No sanctions should be imposed, joint paper says Commitments would involve large and small providers Paper suggests "mandatory self-regulation through codes of conduct" By Andreas Rinke BERLIN (Reuters) - France,…

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German court ruling could hit economic growth next year – source

By Maria Martinez and Andreas Rinke BERLIN, Nov 17 (Reuters) - A German court ruling that wiped billions from the federal budget could drag down growth by as much as…

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Germany set to double Ukraine military aid under Scholz plan

German chancellor Olaf Scholz's governing coalition has agreed in principle to double the country's military aid for Ukraine next year to 8 billion euros ($8.5 billion), a political source in…

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Germany’s Scholz looking ‘closely’ at Italy’s migrant deal with Albania

German Chancellor Olaf Scholz signalled an openness to study Italy's deal to hold migrants in Albania as the European Union tries to stem illegal immigration. "Bear in mind that Albania…

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Germany set to double its Ukraine military aid under Scholz plan

(Reuters) - German chancellor Olaf Scholz's governing coalition has agreed to double German military aid for Ukraine next year to 8 billion euros ($8.54 billion), Bloomberg News reported, citing people…

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