Tag: Germany

• Wednesday, November 5th 2014 - 20:44 UTC

  British and German embassies commemorate 100 years of the Battle of Coronel

  

  British and German Embassies in Santiago organized a commemoration event to mark the 100 years of the Battle of Coronel, off the coast of Chile. A hundred years ago November first 1914, one of the first Naval battles of the First World War between the Royal Navy and the German Navy took place 50 miles off the coast of Coronel.

• Wednesday, October 15th 2014 - 08:28 UTC

  Germany insists with a 2015 balanced budget despite slower growth forecast

  

  German Chancellor Angela Merkel on Tuesday rejected calls for Berlin to ditch its plans for a balanced budget next year and to instead invest more in order to shore up the faltering German and Euro zone economies. On Tuesday Germany slashed its 2014 growth forecast from 1.8% to 1.2%.

• Saturday, September 27th 2014 - 06:11 UTC

  US/Argentina are going through 'a difficult period'; Timerman downplays situation

  

  US Assistant Secretary of State for the Western Hemisphere Roberta Jacobson has said the bilateral relationship with Argentina is going through a “difficult period”, but stated the legal battle between that country and holdouts is not a “political problem” but a “judicial problem.”

• Friday, September 26th 2014 - 16:44 UTC

  Germany takes distance from 'holdouts' controversy and praises Argentina

  

  Angela Merkel’s administration attempted to lower tensions with the Argentine government on Thursday following controversial statements made by German Finance Minister Wolfgang Schauble regarding the so called 'holdouts' or 'vulture funds' conflict.

• Tuesday, September 23rd 2014 - 05:43 UTC

  Merkel praises France on reforms, but deferred to Brussels the controversial budget deficit issue

  

  Germany's Angela Merkel said on Monday after meeting French premier Manuel Valls that she was impressed by the number of reforms Paris had launched, but deferred to Brussels on the halting French efforts to reduce its public deficit.

• Wednesday, September 3rd 2014 - 05:26 UTC

  UK and Germany main beneficiaries of Spain's brain drain

  

  Spain is among the European countries hardest hit by the so-called 'brain drain' effect with thousands of professionals including nurses and teachers taking steps to leave the country in recent years, new figures from the European Union show.

• Tuesday, September 2nd 2014 - 08:36 UTC

  Dragui and Hollande agree to spur demand and head off the risk of deflation

  

  French President Francois Hollande and Mario Draghi the head of the European Central Bank (ECB) have agreed that European demand must be lifted to head off a risk of deflation, French officials said.

• Monday, September 1st 2014 - 10:30 UTC

  Dragui's announcement on fiscal stimulus cause German concern

  

  A German news magazine reported on Sunday that Chancellor Angela Merkel is unhappy with European Central Bank chief Mario Draghi for apparently proposing a greater emphasis on fiscal stimulus over austerity in order to boost growth in Europe.

• Monday, August 11th 2014 - 22:19 UTC

  Leading economies showing overall steady growth trend, says OECD

  

  Leading economies are showing a steady growth trend overall, although Britain is doing particularly well and Japan and Germany are showing signs of losing pace, the OECD (Organization for Economic Cooperation and Development) said on Monday.

• Wednesday, August 6th 2014 - 00:20 UTC

  Hanover TUI line orders new vessels as Germany is set to become Europe's main cruise market

  

  Germany's TUI Cruises, a joint venture of TUI AG and Royal Caribbean Cruises Ltd. are planning to spend as much as 2 billion Euros for four new vessels to meet increased European demand for cruise holidays. TUI Cruises expects Germany to overtake the UK as Europe's largest cruise market.