Tag: Germany

• Tuesday, September 6th 2011 - 06:28 UTC

  European markets plunge on renewed Euro fears and lack of confidence

  

  World shares fell Tuesday morning and the Euro came under pressure following a huge sell-off in Europe as renewed Euro zone debt woes added to already weak confidence in the global economy.

• Thursday, September 1st 2011 - 01:26 UTC

  Germany against airports full-body scanners following false readings

  

  The German government has backed down on plans to install full-body security scanners at airports around the country after the devices reportedly performed poorly during a 10-month testing phase.

• Thursday, August 25th 2011 - 06:13 UTC

  Growing dissent in German government over ECB purchase of sovereign bonds

  

  The German president has fueled concerns of a split in Chancellor Angela Merkel's Christian Democrats after he criticized a move by the European Central Bank to resume buying Italian and Spanish sovereign bonds.

• Friday, August 12th 2011 - 17:24 UTC

  Berlin Wall’s Lesson for the Barrier-Builders of Today

  

  By Frederick Taylor - It was a chilly night for high summer in Berlin 50 years ago 13 August 1961, and it took East German Communists only about five hours to divide one of Europe’s grandest cities neatly in two.

• Friday, July 1st 2011 - 06:20 UTC

  EU paymasters reject point blank proposal for a 5% budget hike

  

  The European Commission’s request for a 5% hike in member states’ contributions in the next EU budget met immediate resistance from big countries such as Germany, France and Britain yesterday.

• Monday, June 27th 2011 - 05:44 UTC

  Germany warns Greece: ‘no austerity plans approved, no release of funds’

  

  German finance minister Wolfgang Schaeuble warned that a veto of the Greek government's austerity plans by parliament this week could mean Athens will not receive a bailout tranche it needs to remain solvent.

• Wednesday, June 15th 2011 - 19:36 UTC

  Major economies, except the US, loosing recovery momentum, says OECD report

  

  Major economies, with the exception of the United States, are losing momentum as the outlook for growth worsens in European and developing countries, the OECD's leading indicator for April showed on Wednesday.

• Monday, June 13th 2011 - 12:53 UTC

  E. coli outbreak has killed 35; tests to determine if bean sprouts are the cause

  

  The death toll from a killer E. coli outbreak centred on Germany rose to 35 Sunday as health officials said it was the worst of its kind on record and the German government feared more people could die. Meantime laboratory tests are trying to confirm suspicions that organic bean sprouts could be the origin of the outbreak.

• Thursday, June 9th 2011 - 02:54 UTC

  Pressed by outraged farmers EU increases compensation for E.coli outbreak losses

  

  Pressed hard by outraged farmers, the European Union farm chief on Wednesday increased his offer of compensation for the E. coli outbreak to Euro210 million.

• Wednesday, June 8th 2011 - 02:12 UTC

  Germans don’t work as hard or intensely as Southern Europeans

  

  Southern Europeans work more and longer than Germans revealed a study discarding recent comments made by Chancellor Angela Merkel arguing that workers in debt-mired Greece, Spain and Portugal are lazy.