Source link The country’s competitiveness as an industrial location has been undermined, Michelin said French tire giant Michelin will slash over 1,500 jobs in Germany by 2025, as competition from lower-wage nations and soaring energy prices make production in Western Europe unprofitable. Michelin will fully shut down plants in Karlsruhe and Trier and discontinue some […]
Source link Chancellor Olaf Scholz’s government is “completely helpless,” head of Bavaria Markus Soeder says German Chancellor Olaf Scholz and his cabinet have led Germany into a “serious national crisis,” Markus Soeder, the prime minister of the nation’s most populous state, Bavaria, told journalists on Saturday. Berlin can now hardly find a way out of […]
Source link Speaker Laszlo Kover fired a broadside at Berlin and the UN, and even launched a personal attack on the US ambassador Germany is destroying itself faster than under Adolf Hitler’s rule, while the UN is nothing but a front company for propaganda, Hungarian parliamentary speaker Laszlo Kover has said. The senior MP, well-known […]
Source link Berlin froze major spending commitments after the national off-budget fund was declared unconstitutional Limits on electricity and gas prices will not be extended until March 2024 as previously planned, but will expire at the end of this year, Deutschlandfunk radio station has cited Finance Minister Christian Lindner as saying in an interview to […]
Source link The media outlet claims Berlin and Washington are providing Kiev with just enough weapons to hold the line, but not to regain ground The US and Germany are secretly aiming to force Ukrainian President Vladimir Zelensky to negotiate with Russia, Bild has claimed. The tabloid cited anonymous sources as saying that Washington and […]
Source link Berlin’s current economic policies are unlikely ‘to lead to anything good,’ Russian businessman Oleg Deripaska says Germany’s latest fiscal policy decisions, coupled with persistently high energy costs, are likely to worsen the economic crisis in the country, Russian businessman Oleg Deripaska wrote on Telegram on Friday. According to the billionaire, Berlin’s efforts to […]
Source link Der Tagesspiegel has reported that budgetary constraints call into question Berlin’s ability to live up to its ambitious plans Germany could be nearing the limit of its financial capabilities to provide defense aid to Ukraine, Der Tagesspiegel has claimed. The newspaper also suggested that Berlin would not be able to deliver Kiev any […]
Source link The far-right revisionist movement denies the modern state and has reportedly sent death threats to authorities German authorities have launched raids across eight federal states against the so-called Reichsbuerger (Citizens of the Reich) group. The far-right revisionist movement, which rejects the German government, is under investigation after reportedly sending death threats to state […]
Source link The country’s top court banned the use of pandemic funds on energy transition initiatives The German Finance Ministry has imposed an emergency spending freeze after the country’s top court banned the use of pandemic aid to finance green initiatives, Bloomberg reported on Tuesday. The Constitutional Court ruled last week that the shifting of […]
Source link Defense Minister Boris Pistorius said he had been skeptical of Brussels’ pledge all along, citing inadequate production capacities The European Union will not be able to make good on its pledge to provide Ukraine with one million artillery rounds by next March, German Defense Minister Boris Pistorius has admitted. Ukrainian Foreign Minister Dmitry […]
Source link Berlin will provide “winter protection” for Kiev in the form of air-defense systems and electricity generators Germany is planning to “expand and increase” its support for Ukraine in the coming years, Foreign Minister Annalena Baerbock said at a meeting of the EU foreign ministers in Brussels on Monday. She provided few details of […]