BERLIN, Nov 20 (Reuters) – Germany risks becoming
uncompetitive and losing business if it undermines labour and
welfare reforms and fails to implement new ones, an industry
body and its central bank warned politicians negotiating a new
government on Wednesday.
Chancellor Angela Merkel’s conservatives are in talks with
the Social Democrats (SPD) on forming a left-right coalition
next month, but agreements reached so far on individual policies
point to little in the way of deep reform.
PARIS/BERLIN (Reuters) – France’s economic recovery fizzled out in the third quarter of the year and German growth slowed, data showed on Thursday, indicating just how far the euro zone has to go to put years of crisis behind it.
The French economy contracted by 0.1 percent, snuffing out signs of revival from robust growth in the previous three months. It had been expected to post quarterly growth of 0.1 percent and has now shrunk in three of the last four quarters.
BERLIN, Oct 30 (Reuters) – Berliners vote this week on
returning the electricity grid of Germany’s capital and biggest
city to public hands, a move that could be bad news for the
licence owner, Swedish utility Vattenfall, in its
A “yes” vote on Sunday would deprive Vattenfall of a steady
revenue stream and disappoint any hopes the company might have
of getting a high price for the grid by selling it to investors.
BERLIN (Reuters) – An outraged Germany summoned the U.S. ambassador for the first time in living memory on Thursday over suspicions Washington bugged Chancellor Angela Merkel’s phone, in the worst spat between the close allies in a decade.
Merkel, at a summit of European leaders in Brussels, said the incident had shattered German trust in the United States: “It’s not just about me but about every German citizen,” she said. “Spying among friends is not at all acceptable.”
BERLIN (Reuters) – Germany summoned the U.S. ambassador on Thursday over suspicions Washington may have bugged Chancellor Angela Merkel’s phone and a leading German politician said a free trade deal would be hard to agree if the U.S. was infringing privacy.
Foreign Minister Guido Westerwelle’s personal summons to the ambassador, a day after Merkel called U.S. President Barack Obama to demand clarification, showed how seriously Berlin was taking the issue, which has caused outrage in Germany.
BERLIN (Reuters) – German Chancellor Angela Merkel’s conservatives and the Social Democrats (SPD) start hammering out compromises on economic, energy and euro policies on Wednesday, the opening day of talks on a coalition government that should be in place by Christmas.
Germany’s European partners will be watching the negotiations closely, hoping for a swift deal that allows the bloc to meet looming deadlines for its ambitious banking union.
The head of Germany’s Roman Catholic Church has said he would discuss with Pope Francis a scandal over a bishop who has been criticized for splashing out on a luxury residence and accused of lying under oath about a first-class flight.
BERLIN/FRANKFURT, Sept 26 (Reuters) – Angela Merkel’s best
hope of saving her bold energy revolution may lie in a coalition
with the centre-left Social Democrats (SPD), who could agree to
modest cuts to costly incentives for green power which are,
paradoxically, driving up energy prices.
The German chancellor’s experiment to wean Europe’s biggest
economy off nuclear and fossil fuels and push it into renewables
is at risk because generous subsidies have proved so popular
with investors in green power that the country is straining
under the cost.
BERLIN (Reuters) – A new anti-euro party narrowly missed entering parliament in a German election on Sunday, drawing millions of voters with a euroskeptic message that may have laid the foundations for a strong challenge in a European Parliament vote next year.
The Alternative for Germany (AfD), formed just seven months ago to tap into resentment in Europe’s biggest economy about bailouts for weak euro zone states like Greece, generated a late surge in support to score 4.8 percent.
HAMM, Germany, Sept 18 (Reuters) – Facing an election defeat
on Sunday, Germany’s Social Democrats are holding on to their
trump card, Hannelore Kraft, a popular former handball player
who is seen as the left’s answer to Angela Merkel.
Whether the SPD ends up sharing power in a grand coalition
under conservative chancellor Merkel or staying in opposition,
regional leader Kraft, whose name means “strength” in German, is
going to be a dominant force in the next four years.