BERLIN, Sept 22 (Reuters) – Germany said on Wednesday it
would move billions of euros in Hypo Real Estate HRXG.DE
assets into a “bad bank” — a long awaited move that may swell
its debt but which analysts said was unlikely to hurt Berlin’s
standing with markets.
On Wednesday, Germany’s bank rescue fund SoFFin agreed to
the transfer 191.1 billion euros worth of assets as part of a
long awaited overhaul of the Munich-based lender to move 210
billion euros worth of assets off its balance sheet.
BERLIN (Reuters) – Tens of thousands of Germans surrounded Chancellor Angela Merkel’s office Saturday in an anti-nuclear demonstration that organizers said was the biggest of its kind since the Chernobyl disaster in 1986.
The protest, which organizers said drew 100,000 people, could help to mobilize growing grass-roots opposition to Merkel’s ruling center-right coalition, which has suffered a slump in popularity since taking office last October.
BERLIN (Reuters) – Germany’s Greens, who are riding a wave of record support, may take control of a state government for the first time next year, co-leader Cem Oezdemir said on Thursday, and deal a severe blow to Chancellor Angela Merkel.
Oezdemir told Reuters that surveys showed the center-left Greens and Social Democrats (SPD) could oust Merkel’s conservatives from the southwestern state of Baden-Wuerttemberg, one of Germany’s biggest, in a March election.
BERLIN (Reuters) – Germany’s political establishment voiced relief on Friday after the resignation of central banker Thilo Sarrazin, who has inflamed the country with outspoken comments on race and religion.
Sarrazin said he would quit the Bundesbank’s board from the end of September after his comments on Muslim immigrants and Jewish genes drew censure from Chancellor Angela Merkel on down and prompted the central bank to seek his dismissal.
BERLIN (Reuters) – Over the past year, Thilo Sarrazin has upset Jews, Muslims, the poor and all of Germany’s main political parties — and become a bestselling author backed by broad swathes of the German public.
Sarrazin said he would quit the Bundesbank’s board from the end of September after his divisive remarks on race, religion, and immigration earned him censure from Chancellor Angela Merkel and prompted the central bank to seek his dismissal.
BERLIN (Reuters) – The Bundesbank’s decision to ask the German president to dismiss a divisive board member has put him and his ally Chancellor Angela Merkel in a jam: they’ll be damned if he does, and damned if he doesn’t.
Central banker Thilo Sarrazin has exposed deep rifts in Germany over the integration of immigrants with disparaging remarks about Muslims and theories on Jewish genes, prompting political leaders to pile pressure on the Bundesbank to act.
BERLIN, Sept 2 (Reuters) – German central banker Thilo
Sarrazin has divided public opinion with remarks about Muslim
immigrants and comments about the genetic make-up of Jews,
prompting calls for him to step down.
Leading politicians have called for the Bundesbank to
dismiss the 65-year-old, who has dominated headlines in the
public furore surrounding the launch of his book, “Deutschland
schafft sich ab” (Germany does away with itself).
BERLIN, Sept 1 (Reuters) – German public opinion is deeply
split over the fate of a central banker whose disparaging
comments about Muslim immigrants have triggered a heated debate
on race and integration, surveys showed on Wednesday.
Over the past week and a half, Thilo Sarrazin has dominated
headlines with criticism of Germany’s large Muslim community,
and contentious remarks asserting that Jews have a particular
BERLIN, Sept 1 (Reuters) – A majority of Germans do not
believe the Bundesbank should sack a member of its board who has
divided the nation with disparaging comments about Muslim
immigrants, a survey showed on Wednesday.
Over the past week and a half, the central bank’s Thilo
Sarrazin has dominated headlines with criticism of Germany’s
large Muslim community, and contentious remarks asserting that
Jews have a particular genetic makeup.
BERLIN, Aug 30 (Reuters) – Descendants of Germany’s Muslim
migrant workers respond with a mixture of defiance, dismay and
laughter to the theories of central banker Thilo Sarrazin, who
has spent the past week railing against Muslim immigrants.
Sarrazin sparked strong criticism from the German government
and party colleagues in his centre-left Social Democrats (SPD)
over his comments that Muslim immigrants undermine German
society, refuse to assimilate, and sponge off the state.