Tag: Germany

• Tuesday, May 3rd 2011 - 04:59 UTC

  New German central bank chief promises continued “stability culture”

  

  Germany’s Bundesbank new hawkish president Jens Weidmann said private investors should help cover costs of the Euro zone crisis. Mr Weidmann promised a continued “stability culture” at the German central bank after taking over from outgoing president Axel Weber.

• Tuesday, April 12th 2011 - 03:57 UTC

  Germany and US leading global recovery with ‘robust expansion’, says OECD

  

  The growth outlook for major industrialized economies is improving with Germany and the United States leading the recovery, the OECD's leading indicator for February showed.

• Tuesday, April 12th 2011 - 03:51 UTC

  German Literature Nobel Prize Guntther Grass warns of an “eco-dictatorship”

  

  German Nobel Prize winner Gunther Grass fears that the nuclear disaster in Japan and other environmental issues could lead to an “eco-dictatorship”, according to an interview published in the “Haumburger Abenbdblatt”.

• Monday, March 28th 2011 - 01:00 UTC

  Fukushima thrashes Merkel; German Greens to appoint their first state premier ever

  

  The Fukushima syndrome hit hard in Germany for Chancellor Angela Merkel's ruling coalition that suffered bruising losses in two state legislative elections Sunday, losing control of the main prize, Baden-Wuerttemberg state.

• Wednesday, March 16th 2011 - 01:23 UTC

  State elections behind Merkel’s decision to halt 7 of Germany’s 17 nuclear reactors

  

  German Chancellor Angela Merkel is backtracking on nuclear power as the atomic emergency in Japan becomes an issue in state-election campaigns. Merkel’s decision to halt seven of Germany’s 17 reactors includes two in Baden-Wuerttemberg, where her party is battling to retain its 59-year-hold on the state in a March 27 vote.

• Monday, February 14th 2011 - 15:46 UTC

  Germany opposed to ECB buying sovereign bonds from indebted members

  

  Germany's hopes for the next European Central Bank (ECB) chief to be a German have been hit after another possible candidate ruled himself out of the job. Ex-finance minister Peer Steinbrueck said he was not interested in the role as he shared the same views as outgoing Bundesbank President Axel Weber.

• Tuesday, February 8th 2011 - 18:16 UTC

  German cadet death that triggered “mutiny” in training ship was “unfit for duty”

  

  The 25-year-old female cadet who died after falling from rigging on the German training ship Gorch Fock was unfit for duty because of her weight, according to German media reports on Tuesday.

• Tuesday, January 11th 2011 - 22:00 UTC

  Germany knew in 1952 Nazi Adolf Eichmann was hiding in Argentina

  

  The notorious Nazi Adolf Eichmann could have been caught sooner if Germany's intelligence agency had assisted, new information has revealed. The German Information Agency knew as early as 1952 that Eichmann, a chief organizer of the Nazi genocide against the Jews, was hiding in Argentina under a false name, the German tabloid Bild reported.

• Tuesday, January 11th 2011 - 21:56 UTC

  German bankers ready for the worst but confident they can cope with the situation

  

  Billions in loans have succeeded in pulling Greece and Ireland back from the brink of bankruptcy. But many bankers are still expecting the worst. A new Ernst & Young survey reports that almost half of German banking executives think at least one Euro-zone country will go bust.

• Thursday, January 6th 2011 - 11:44 UTC

  Merkel committed to support the Euro, in spite of German public opinion

  

  Chancellor Angela Merkel stressed Germany's commitment to the Euro in her New Year message to the country last week.