Tag: Germany

• Monday, April 25th 2016 - 21:16 UTC

  Germany celebrates 500th anniversary of beer “purity law”

  

  German Chancellor Angela Merkel praised the “world renown” of German beer in Ingolstadt, at a celebration marking the 500th anniversary of the beer purity law. The age-old rule has remained a staple of beer production. Hundreds of brewers from Germany and other European countries attended the celebration in Bavaria on Friday, with servers and guards in traditional costumes.

• Monday, April 25th 2016 - 21:07 UTC

  Germans thirst for beer dwindling; health consciousness prevailing

  

  For 500 years Germany’s famous Beer Purity Law has been protecting the country’s beer drinkers from contaminants, chemicals and any other additives that unsavory merchants might have thought of adding. But the law, or Reinheitsgebot, which marked its 500th anniversary last Friday, has been unable to protect the country’s 1,350 brewers and the proud industry from a modern plague: health consciousness.

• Friday, April 22nd 2016 - 08:16 UTC

  Draghi defends ECB easy money policy despite sharp criticism from Germany

  

  European Central Bank President Mario Draghi brushed off German criticism of his ultra-loose monetary policy on Thursday and vowed to use all the tools at his disposal for “as long as needed.” He said the ECB's policy was working, which helped boost the Euro.

• Tuesday, April 12th 2016 - 22:38 UTC

  Bundesliga matches live television rights can't have a single buyer, rules Germany's anti-trust office

  

  Germany’s federal anti-trust office has approved plans to stop any single buyer from winning all the live television rights for Bundesliga soccer matches for the four seasons starting in 2017.

• Saturday, April 9th 2016 - 14:59 UTC

  Panama Papers: EU warning; questions why no US or German prominent names have surfaced

  

  A European Union official threatened to sanction Panama and other nations if they don’t cooperate fully to fight money laundering and tax evasion, after a leak of data showed the small country remains a key destination for people who want to hide money.

• Monday, April 4th 2016 - 04:25 UTC

  Genscher, an architect of reunification and modern Germany dies in Bonn

  

  Hans-Dietrich Genscher, a widely respected German elder statesman who helped break down international resistance to the 1990 reunification of East and West Germany, died on Thursday at his home near Bonn. He was 89. His office confirmed the death, saying he had been stricken by heart failure. Bonn was West Germany’s capital during the Cold War.

• Saturday, December 12th 2015 - 04:18 UTC

  “Mama Merkel” or Euro-zone “austerity priestess”, the German chancellor is Time's person of the year

  

  Time magazine named German Chancellor Angela Merkel as its person of the year for 2015, hailing her leadership during debt and refugee crises that threatened to tear the European Union apart. In power for a decade at the helm of Europe's biggest economy, the world's most powerful woman beat runners-up, the leader of the Islamic State extremist group and Donald Trump as Time's dominant personality of the year.

• Wednesday, November 11th 2015 - 05:50 UTC

  Germany mourns one of the architects of modern, unified Europe, Helmut Schmidt

  

  Helmut Schmidt, who served as West German Chancellor from 1974 to 1982, has died aged 96, his office says. Mr. Schmidt, who was a Social Democrat, was an architect of the European Monetary System, which linked EU currencies and helped pave the way to the euro. He also helped to consolidate Germany's post-war economic boom.

• Saturday, September 12th 2015 - 09:51 UTC

  Germany warns global economy faces financial bubble: too much central banks stimuli

  

  The global economy faces a financial bubble from central banks pumping cash into economies, Germany's finance minister has warned. The comments come after the European Central Bank (ECB) said it would extend its stimulus program if needed.

• Wednesday, September 9th 2015 - 08:23 UTC

  Germany willing to take half a million refugees annually over several years

  

  Germany said it could take half a million refugees annually over several years as Greek islands struggled on Tuesday to process a huge backlog of migrants desperate to travel to western Europe. Reflecting deepening concern, the European Union's president warned the EU faced a years-long refugee crisis, while the UN urged countries worldwide to help tackle the problem.