Caroline's Feed
Aug 24, 2015

German entrepreneurs use business to fight hostility to refugees

DRESDEN, Germany, Aug 24 (Reuters) – Ashamed by the rise of
anti-Islam group PEGIDA in Dresden at the end of last year,
local businesswoman Viola Klein was determined to send a signal
that not everyone in the eastern German city was hostile to

“We spoke with our staff and said we have to do something to
counter the view that foreigners have no business here,” said
Klein, manager of software developer Saxonia Systems, which has
funnelled between 80,000 and 100,000 euros ($92-115,000) into
refugee projects.

Aug 21, 2015

EU tries to clear ‘fog of confusion’ over U.S. trade pact

BRUSSELS/BERLIN (Reuters) – The European Commission will publish detailed reports on its negotiations with the United States to forge the world’s biggest trade pact, EU trade chief Cecilia Malmstrom said on Friday, responding to criticism that the talks have been shrouded in secrecy.

If agreed, the Transatlantic Trade and Investment Partnership (TTIP) would encompass a third of world trade, and proponents say it would deliver more than $100 billion of economic gains on both sides.

Aug 9, 2015

Some German conservatives want fewer Balkan citizens to apply for asylum

BERLIN (Reuters) – Conservative German lawmakers on Sunday called for more measures to deter Balkan citizens from seeking asylum in Germany, as Europe’s biggest economy grapples with a record number of refugees.

Most are fleeing war and poverty in the Middle East and Africa, but of the 180,000 refugees who arrived in Germany in the first half of this year, 70,000 came from the Balkans in southeast Europe.

Aug 7, 2015

German liability law change would challenge E.ON’s spin-off logic

FRANKFURT/BERLIN, Aug 7 (Reuters) – E.ON’s bold
move to spin-off its ailing power plants could be dealt a blow
before it has even been made by a law that aims to prevent
German utilities from evading the payment of billions of euros
needed to fund the country’s nuclear exit.

Germany’s economy ministry is preparing a law that it says
will “increase the legal certainty (for nuclear liabilities)
during company reorganisations”, seeking to close a loophole
that could allow utilities to avoid 38.5 billion euros ($42
billion) in nuclear provisions.

Aug 4, 2015

Start-ups not at risk from German tax plans -government official

BERLIN, Aug 4 (Reuters) – Proposals to reform German capital
gains tax that would impose a tax on gains from the sale of
minority shareholdings will not hinder start-up companies, a
senior government official said on Tuesday.

The draft proposals, circulated on July 22, have been
criticised by Germany’s start-up industry, which has said the
tax could choke off financing for fledgling firms.

Jul 28, 2015

German advisers say euro zone exit should not be taboo

BERLIN (Reuters) – The German government’s panel of independent economic advisers favors creating an insolvency mechanism for euro zone states and says countries should be able to leave the single currency as a last resort.

The Greek crisis has called into question the future of the euro. Wrangling over a third bailout for the heavily indebted country almost sending Athens crashing out of the euro zone.

Jul 16, 2015

Germany’s Schaeuble casts doubt on chance of Greek bailout success

BERLIN (Reuters) – German Finance Minister Wolfgang Schaeuble questioned whether Greece will ever get a third bailout program on Thursday, a day after the Greek parliament passed a package of stringent measures required to open negotiations on financial aid.

His skeptical comments came as senior conservatives tried to drum up support for an aid-for-reforms deal with Greece ahead of a vote in parliament to give Berlin the green light to start negotiations on a third multi-billion euro bailout program.

Jul 14, 2015

Skeptical Germans show Greek deal a hard sell to voters

ITZEHOE, Germany (Reuters) – Since Mark Helfrich was elected to the German parliament in 2013, the conservative lawmaker has voted to extend Greece’s bailout program on three occasions. But he won’t be saying ‘yes’ a fourth time.

The 36-year-old from Itzehoe, a town in the northernmost state of Schleswig-Holstein, has declared he will reject a third aid package for Greece, saying he has lost all trust in the Athens government as a serious negotiating partner.

Jun 28, 2015

‘Nein Danke’ – smaller German firms see U.S. trade deal as threat

BERLIN, June 28 (Reuters) – Martina Roemmelt-Fella, who owns
a small, family-run turbine manufacturer in Bavaria, should be a
cheerleader for a trade deal between Europe and the United
States that promises to ease the flow of goods and services
across the Atlantic.

But instead she fears the Trans Atlantic Trade and
Investment Partnership (TTIP) being hammered out between
Brussels and Washington will give too much power to big
multinationals at the expense of small companies like hers.

Jun 24, 2015

Germany to decide between coal levy and alternative on July 1

BERLIN, June 24 (Reuters) – German Economy Minister Sigmar
Gabriel said on Wednesday he was considering an alternative to a
proposed levy on coal-fired power plants and would decide on
July 1.

Germany is wrestling with how to reduce carbon dioxide
(CO2)emissions from the energy sector to stop it from falling
short of its ambitious climate targets, while safeguarding jobs
and securing its energy supply.