Tag: Germany

Wednesday, August 5th 2015 - 07:49 UTC
German Executive and Judiciary clash over freedom of the press: top prosecutor sacked

Germany's justice minister has sacked the country's top prosecutor, who had accused the government of interfering with a treason investigation. Heiko Maas said he no longer had confidence in Harald Range, dismissing his statements as “incomprehensible”.
Tuesday, July 7th 2015 - 07:21 UTC
Merkel and Hollande tell Greece the door for serious proposals remains open

France and Germany told Greece to come up with serious proposals in order to restart financial aid talks, raising pressure on Prime Minister Alexis Tsipras to compromise a day after his country voted overwhelmingly against more austerity
Saturday, May 30th 2015 - 08:51 UTC
US and Germany disagree about a world economy 'possible accident' if Greece collapses

The United States warned on Friday of a possible accident for the world economy if Greece and its creditors miss their June deadlines to avert a debt default. Germany said there was no sign of a breakthrough. The ongoing debate is taking place in Dresden, Germany in the framework of G7 Finance ministers and central bank chiefs meeting.
Wednesday, May 13th 2015 - 07:00 UTC
Cameron puts pressure on Europe for major changes and revamped links

Prime Minister David Cameron will hold an early referendum on membership of the European Union if he can first reach a deal that satisfies his demands for major changes in Britain's relationship with the bloc, his spokesman said yesterday.
Tuesday, April 14th 2015 - 11:19 UTC
Germany's greatest post WWII writer and Nobel Prize winner dies at 87

German novelist Günter Grass, the Nobel Prize-winning author of “The Tin Drum”, an epic treatment of the Nazi era, on Monday at the age of 87, his publishers said. A broad-shouldered man with a drooping mustache, Grass spurned the German tradition of keeping a cool intellectual distance, insisting that a writer's duty was to be at the frontline of moral and political debate.
Wednesday, March 18th 2015 - 08:20 UTC
EU main economies announce plans to join China-led development bank, despite US warning

France, Germany and Italy on Tuesday announced plans to join the Chinese-led development bank AIIB, drawing concern in Washington which views the institution with skepticism. The three European countries want ”to become founding members of the Asian Infrastructure Investment Bank (AIIB)”, they said in a statement.
Thursday, March 12th 2015 - 00:12 UTC
Greece demands reparations from Germany for Nazi occupation crimes, loan and destruction

The Greek government has threatened to seize German property as compensation for a Nazi atrocity in World War Two. Justice Minister Nikos Paraskevopoulos said he was ready to approve a Supreme Court ruling from 2000 backing payment to relatives of the 218 victims.
Monday, March 2nd 2015 - 06:21 UTC
Germany sells five-year notes in Euros at a negative yield of -0.08%

The German government sold five-year notes at a negative yield for the first time in its history on Wednesday. The milestone comes as the European Central Bank prepares to begin a bond-buying program, known as quantitative easing, in hopes of stimulating growth in economies across the Continent.
Wednesday, February 25th 2015 - 04:38 UTC
German court rules against Argentina on bonds' interest payments

Argentina lost a ruling at Germany’s top civil court over interest payments on bonds it sold to investors in the European country that don’t have terms that allow for restructuring by a majority vote of creditors, according to a report from Bloomberg at Karlsruhe.
Tuesday, January 27th 2015 - 06:44 UTC
Germany waiting for Tsipras government move: Greece must stick to its commitments

Greece’s election has sent shockwaves throughout Europe and especially Germany. The Euro zone’s biggest economy and paymaster has reluctantly footed a big bill for bailing out Greece and other euro members, extending financial aid in return for strict and unpopular austerity measures.