Erik's Feed
Oct 27, 2011

“I told you so” say German Marxists of bank crisis

BERLIN (Reuters) – Die-hard Marxists and others raised in formerly Communist east Germany feel Europe’s sovereign debt crisis has vindicated their once-ridiculed warnings about the perils of unbridled capitalism.

Calls to shackle the banks in this bastion of Western consumerism are finding an increasingly receptive audience among Germans, some of whom now wonder whether their cash is safer under the mattress than in a bank.

Oct 26, 2011

Germany to shut military bases in austerity drive

BERLIN, Oct 26 (Reuters) – Germany said on Wednesday it will
close 31 of its 328 military bases and shrink installations in
another 90 locations over the next five years as part of the
most sweeping cuts in the history its Bundeswehr army, navy and
air force.

“The reforms are painful but unavoidable,” Defence Minister
Thomas de Maiziere told a media conference.

Oct 24, 2011

Police arrest man who burned more than 100 cars

BERLIN (Reuters) – A man who set fire to more than 100 cars in Berlin, a wave of attacks blamed by some on political extremists, was motivated by envy and frustration, police who arrested him said Sunday.

The 27-year-old told police that being jobless and in debt led him to set 67 luxury cars alight in one three-month run.

Oct 23, 2011

Berlin police arrest man who burnt more than 100 cars

BERLIN, Oct 23 (Reuters) – A man who set fire to more than
100 cars in Berlin, a wave of attacks blamed by some on
political extremists, was motivated by envy and frustration,
police who arrested him said on Sunday.

The 27-year-old told police that being jobless and in debt
led him to set 67 luxury cars alight in one three-month run.

Oct 22, 2011

German tax cut row worsens ahead of EU summit

BERLIN, Oct 22 (Reuters) – A festering dispute in Angela
Merkel’s centre-right coalition worsened on Saturday when the
chancellor publicly rejected a claim by one of her junior
coalition partners that a tax cut proposal had been scrapped.

Merkel said in a speech in Wiesbaden on Saturday that the
centre-right government was still aiming to cut taxes by 6 or 7
billion euros in 2013, ahead of the next federal election, even
though the Christian Social Union (CSU) allies oppose it.

Oct 22, 2011

Germany arrests two Russians for spying since Cold War

BERLIN (Reuters) – German authorities have arrested two Russians suspected of espionage since the closing days of the Cold War, according to a report to be published in Der Spiegel news magazine on Monday.

Germany’s Federal Prosecutor confirmed that two people suspected of espionage activities for a foreign country had been arrested on Tuesday in the states of Baden-Wuerttemberg and Hesse by Germany’s elite GSG-9 special operations commando.

Oct 21, 2011

Merkel faces ugly coalition row before euro summit

BERLIN, Oct 21 (Reuters) – German Chancellor Angela Merkel
faced fresh domestic turmoil on Friday when one of the three
parties in her centre-right coalition openly balked at surprise
plans to cut taxes ahead of the next election in 2013.

Compounding her woes ahead of crucial meetings on the euro
zone crisis, Merkel found her coalition badly
split over tax cuts presented by her finance and economy
ministers .

Oct 17, 2011

Renewable ‘gold rush’ powers Germany’s north shore

ROSTOCK, Germany (Reuters) – Renewable energy has created a “gold rush” atmosphere in Germany’s depressed north-east, giving the country’s poorhouse good jobs and great promise.

The natural resources attracting investors and industry are of a simple variety: wind, sunshine, agricultural products and farm waste such as liquid manure.

Oct 17, 2011

Analysis: Renewable “gold rush” powers Germany’s north shore

ROSTOCK, Germany (Reuters) – Renewable energy has created a “gold rush” atmosphere in Germany’s depressed north-east, giving the country’s poorhouse good jobs and great promise.

The natural resources attracting investors and industry are of a simple variety: wind, sunshine, agricultural products and farm waste such as liquid manure.

Oct 2, 2011

Merkel ally swore publicly at bailout rebel – reports

BERLIN (Reuters) – German Chancellor Angela Merkel’s right-hand man hurled expletives in public at a respected party ally who dared to vote against giving more powers to the euro zone rescue fund, newspapers reported on Sunday.

Ronald Pofalla, Merkel’s chief of staff, was lambasted by leaders in the Christian Democrats (CDU) and their Free Democrats (FDP) coalition partners for a public haranguing of Wolfgang Bosbach, a mild-mannered and respected conservative MP.

    • About Erik

      "Erik Kirschbaum is based in Berlin. He has been covering politics, economics, entertainment and sport in Germany since 1989 from Frankfurt, Bonn and Berlin. He also has worked for Reuters in Vienna. Previously, he also worked for newspapers in Connecticut, Wisconsin and Nevada. He has also written two books."
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