With the Ukrainian war still raging and making arrangements ahead of next winter, Germany despite its original pledges and with a coalition that includes the Green party, Chancellor Olaf Scholz has admitted for the first time that the country could put off the retirement of its nuclear power grid.
German Chancellor Olaf Scholz Wednesday said Argentina was “a reliable partner” upon welcoming President Alberto Fernández in Berlín on the second stop of the South American leader's new European tour.
By Ed Turner, Reader in Politics, Co-Director, Aston Center for Europe, Aston University - If you’d asked experts just a fortnight ago what the key features of Germany’s approach to foreign and defense policy were, there would have been several strands. Alignment with the west, and of course membership of the EU and Nato would have been a feature.
Europeans will soon have to pay €2,000 ($2,200) per thousand cubic meters of natural gas, former Russian president and current deputy chairman of the Security Council Dmitry Medvedev tweeted on Tuesday. The warning comes after Germany ordered a halt to Nord Stream 2 gas pipeline certification.
Although it actually came as no surprise, Germany's leading political parties Wednesday agreed that current Vice-Chancellor and Finance Minister Olaf Scholz of the Social Democratic Party (SPD) will take over from Angela Merkel of the Christian Democratic Union (CDU) after 16 years in office.
World leaders at the G20 Summit in Rome Saturday agreed on the global minimum tax (15%), which 136 countries had previously endorsed, it was announced.
After German Chancellor Angela Merkel decided to retire, the formation of a new government is far from clear following Sunday's elections.
Germany's two biggest lenders, Deutsche Bank and Commerzbank, will hold formal talks about a merger. The announcement caps months of speculation that the two struggling banks would attempt to combine.
Germany and Argentina want to uphold a pledge to keep international trade free at a summit of the world’s 20 largest economies in Buenos Aires this week, the countries’ finance ministers said on Sunday.