BERLIN, Nov 18- German Chancellor Angela Merkel and Finance Minister Olaf Scholz on Monday brushed aside demands by the BDI industry association and the DGB labor union to ditch their balanced budget policy and boost investment with a debt-financed spending plan. Merkel told reporters after a cabinet meeting that the "black zero" policy of no new borrowing...
*BDI boss: " Germany must wake up from sleeping phase". BERLIN, Nov 18- Germany's BDI industry association and the DGB trade union called in a rare joint statement on Monday for the government to rethink its budget priorities and boost public investment to make Europe's largest economy fit for future growth. The unusual move by Germany's most influential business...
BERLIN, Nov 18- Germany's BDI industry association and the DGB trade union called in a rare joint statement on Monday for the government to rethink its budget priorities and massively boost public investment to make Europe's largest economy fit for future growth. The unusual move by Germany's most influential business lobby group and the country's largest...
BERLIN, Nov 18- Germany's BDI industry association and the DGB trade union called in a rare joint statement on Monday for the government to rethink its budget priorities and massively boost public investment to make Europe's largest economy fit for future growth. The unusual move by Germany's most influential business lobby group and the country's largest...
BERLIN, Nov 15- Apple said on Friday moves in Germany to force it to open up its Apple Pay mobile payments system to rivals could hurt data protection and the security of financial information. A German parliamentary committee unexpectedly voted in a late-night session on Wednesday to force the tech giant to open up Apple Pay to rival providers in Germany.
BERLIN, Nov 15- Apple said on Friday moves in Germany to force it to open up its Apple Pay mobile payments system to rivals could hurt data protection and the security of financial information. A German parliamentary committee unexpectedly voted in a late-night session on Wednesday to force the tech giant to open up Apple Pay to rival providers in Germany.
LONDON, Nov 15- French President Emmanuel Macron's stark description of the "brain death" of transatlantic military alliance NATO grabbed headlines last week, but his views on Russia and European Union enlargement may well have greater long-term impact. The core argument is built around security and defence, with Macron positing that Europe must bolster its...
LONDON, Nov 14- French President Emmanuel Macron's stark description of the "brain death" of transatlantic military alliance NATO grabbed headlines last week, but his views on Russia and European Union enlargement may well have greater long-term impact. The core argument is built around security and defence, with Macron positing that Europe must bolster its...
*Berlin passes fiscal stimulus to bolster consumption. BERLIN, Nov 14- The German economy narrowly avoided an expected slip into recession in the third quarter as consumers, state spending and construction drove a 0.1% quarterly expansion in Europe's largest economy. "The German economy got away with a black eye: the technical recession could be avoided," Deka...
Netherlands home affairs minister Raymond Knops told CNBC that lawmakers want to ensure that personal information of Europeans is protected by big tech firms.
*Growth in German exports to China wilting. *Slowdown comes amid China policy review in Berlin. While German trade with China is only a small part of the country's 3.4 trillion euro economy, it has been one of the few components of GDP that Berlin could count on to grow year after year.
BERLIN, Nov 5- Germany could still decide to rule out Chinese telecom equipment vendor Huawei Technologies from the construction of the country's fifth-generation data network due to security concerns, the defense minister said on Tuesday. The German government is currently trying to shape the 5 G security criteria in a way that would prevent foreign...
BERLIN, Nov 5- Germany could still decide to rule out Chinese telecom equipment vendor Huawei Technologies from the construction of the country's fifth-generation data network due to security concerns, the defence minister said on Tuesday. The German government is currently trying to shape the 5 G security criteria in a way that would prevent foreign...
*Germany to expand electric car infrastructure. BERLIN, Nov 4- Germany plans to increase by half the grants available to buyers of electric cars over the five years from 2020, according to a government document seen by Reuters, the latest in a series of measures to speed the adoption of low-emissions vehicles. The government wants to have 10 million electric...
NEW DELHI, Nov 1- Germany is likely to urge India to restart talks on finalising a free trade agreement with the European Union during Chancellor Angela Merkel's meetings with government leaders in New Delhi on Friday, two sources with knowledge told Reuters. Germany is India's largest trading partner in Europe and more than 1,700 German companies operate in...
NEW DELHI, Nov 1- Germany is likely to urge India to restart talks on finalising a free trade agreement with the European Union during Chancellor Angela Merkel's meetings with government leaders in New Delhi on Friday, two sources with knowledge told Reuters. Germany is India's largest trading partner in Europe and more than 1,700 German companies operate in...
PARIS/ BERLIN, Oct 30- Strong domestic stimulus is helping France shrug off a global slowdown even as export-dependent Germany heads closer to a recession, starkly divergent data on the euro zone's two leading economies showed on Wednesday. France saw national output rise 0.3% in the third quarter- defying forecasts for slightly slower growth- as unemployment...
NEW DELHI, Oct 30- Germany and India are likely to sign agreements including a partnership on the use of artificial intelligence in farming during a three-day visit to New Delhi by Chancellor Angela Merkel that begins on Thursday, the German ambassador said. Bilateral trade between the two countries rose to $24.06 billion in the 2018/ 19 fiscal year ending in...
Washington must force European and Asian mercantilists to change their ways through bilateral channels and multilateral forums, writes Dr. Michael Ivanovitch.
BERLIN, Oct 27- Former Foreign Minister Sigmar Gabriel has been tapped to become the head of Germany's car industry lobby, installing a politician from the state that is home to Volkswagen in the influential post, Bild am Sonntag reported. Citing unnamed sources, the Sunday tabloid said Social Democrat Gabriel was the favoured candidate of car makers on a...
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