Search Results for: Germany

Team Europe: EU and Germany join forces with the Government of Bangladesh to safeguard the livelihoods of workers in export-oriented industries

This article is brought to you in association with the European Commission. The European Union and Germany are joining forces with the Government of Bangladesh and will provide €113 million to safeguard the livelihoods of vulnerable workers in the garment and leather export-oriented industries. Due to the unprecedented socio-economic consequences of the coronavirus pandemic, these workers […]

State aid: Commission approves German nation-wide scheme to support deployment of Gigabit networks in Germany

This article is brought to you in association with the European Commission. The European Commission has approved, under EU State aid rules, a German scheme to support the deployment of very high capacity broadband networks offering Gigabit speeds in Germany. The aid will bring these networks to customers in areas where the market does not provide […]

Commission and Germany’s Presidency of the Council of the EU underline importance of the European Health Data Space

This article is brought to you in association with the European Commission. Today at the virtual High-Level Conference “Digital Health 2020 – EU on the Move”, the Commission and Germany’s Presidency of the Council of the EU announced their intention to work closely together on a secure and patient-oriented use of health data for Europe, and […]

EU and Germany join efforts to support the African Union’s response to coronavirus

This article is brought to you in association with the European Commission. The EU continues to work with Member States to tackle the coronavirus pandemic on all fronts. Today, 500.000 additional coronavirus testing kits have been provided to the Africa Centres for Disease Control and Prevention in Addis Ababa, Ethiopia. The test kits were delivered by […]

Billions for sustainable investments – Germany’s plan for a green recovery

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Harry Kretchmer, Senior Writer, Formative Content One third of Germany’s stimulus plan could help lower emissions. Billions are being spent on ‘green hydrogen’ – an energy source that could help to fuel industry – and to subsidise electric […]

This is Germany’s $45 billion, 18-year plan to move away from coal

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Johnny Wood, Senior Writer, Formative Content Germany has said it will phase out coal by 2038 as it looks to renewable energy sources for its power generation. A $45 billion compensation fund will assist the closure of lignite […]

This is why Denmark, Sweden and Germany are considering a meat tax

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Emma Charlton, Senior Writer, Formative Content Carnivores are in the firing line, with nations including Germany, Denmark and Sweden considering a tax on meat. Advocates of such a plan say the environmental impact, health ramifications and concerns about animal […]

Germany is trying to rescue its fabled forests from climate change

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Douglas Broom, Senior Writer, Formative Content Germany’s forests are in a bad way. Two summers of extreme heat and a plague of pests and timber diseases have reduced their area by the equivalent of 200,000 football fields. Now the […]

Canada has created an Arctic conservation zone almost as big as Germany

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Johnny Wood, Writer, Formative Content Canada’s Inuit people, whose lands occupy the remote northeastern region of Nunavut, live in an Arctic wilderness of raw natural beauty that is now under threat from climate change. Prime Minister Justin Trudeau […]

Taxation: Commission refers Germany to the Court for its failure to apply EU rules on VAT for farmers

This article is brought to you in association with the European Commission. Today the Commission has decided to refer Germany to the Court of Justice of the EU for not applying the EU Value Added Tax (VAT) scheme for farmers correctly. Under current EU rules, Member States can apply a flat-rate VAT scheme (Council Directive 2006/112/EC) […]

Mergers: Commission clears Vodafone’s acquisition of Liberty Global’s cable business in Czechia, Germany, Hungary and Romania, subject to conditions

This article is brought to you in association with the European Commission. The European Commission has approved, under the EU Merger Regulation, the proposed acquisition by Vodafone of Liberty Global’s cable business in Czechia, Germany, Hungary and Romania. The approval is conditional on full compliance with a commitments package offered by Vodafone. Commissioner Margrethe Vestager, in charge […]

France and Germany can’t reach consensus regarding EU’s top jobs

The EU leaders are expected to meet again on Sunday to discuss about who will be taking over the EU top jobs, while France and Germany seem unable to agree who will be the successor of Jean-Claude Juncker. Last week’s EU summit didn’t conclude on the matter, something that exerts extra pressure onto the bloc’s […]

Germany is turning its old mines into tourist hotspots

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Charlotte Edmond, Formative Content Set in the foothills of mountains, surrounded by greenery and dotted with buzzing cafés, visitors to Germany’s Lusatian Lake District may have little idea of the scarred landscape beneath the peaceful waters. Thirty years […]

Siemens-Alstom merger: Can Germany and France lobby to circumvent EC’s rejection, against EU consumers’ interests?

The European Commission (EC), after months of investigation and discussions, came to the independent conclusion to refuse the merger of the rail companies Siemens and Alstom despite the improvements provided by the two firms together with the continuous pressure by the French and German governments. Nevertheless, France and Germany still believe that the EU has wrongly […]

France, Germany challenge Trump’s America on Iran and the reign of the dollar

Last week, the French President Emmanuel Macron and the German Chancellor Angela Merkel challenged the US President Trump by deciding to create a real European army. This week, the two European leaders said they are seriously working on the project to build a financial/trade-clearing mechanism, meant to override the American sanctions against Iran. In both […]

Germany is the world’s most innovative economy

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Kate Whiting, Senior Writer, Formative Content Germany is currently in the driving seat when it comes to innovation – thanks in part to the speed it’s developing new technologies like driverless cars. In the World Economic Forum’s latest […]

Security spillovers from Trump’s trade wars: China, Germany prepare for global disorder

US President Donald Trump’s aggressive trade strategy has now gone past the economic landscape and touched security issues. There are strong signs that next month’s security meeting between US and China may be cancelled. If this is the case, the two largest economies of the earth may enter uncharted waters. Until now, they have been […]

Parallel downfalls of Merkel and Deutsche Bank threaten Germany and Europe

Only a few years ago, Germany’s stars of pride and accomplishment were personified and embodied in the unparalleled triumphant stories and achievements of Chancellor Angela Merkel and Deutsche Bank. They both had amazed Europe and the world, with their successes in the politico-economic universe. Until the legislative elections of September 2017, and probably sometime earlier […]

The EU sides with China against the US; but has Germany capitulated to America?

If billions of EU penalties on American icon companies and U.S. super tariffs on European cars are strong and aggressive trade weapons, then yes the EU and the U.S. are at all out economic war. As in all wars, the difficult or even impossible thing is to predict its end. Unavoidably, there will be victims […]

Trump doesn’t only target Germany, aims to crack the entire EU

The EU-US trade war is now deeply dividing Europe between those who export cars to America and those who don’t. Germany and France have for quite some time been at odds, regarding the handling of the latest Donald Trump threat to impose import super-tariffs on cars assembled in Europe. Now, however, their differences are becoming […]

The US calls off globalization, targets Germany. Paris offer to Berlin comes at a cost

Last Friday, the ‘America first’ President Donald Trump repeated his threats to impose a super tariff on imports of European cars, obviously having in mind the German automotive industry. His latest menace came only hours after the European Union moderately retaliated to the US aggressive trade action, by levying additional import duties on American goods […]

Germany’s strong anti-bribery enforcement against individuals needs to be matched by comparably strong enforcement against companies

This article is brought to you in association with OECD. Germany continues to demonstrate a high level of anti-bribery enforcement having prosecuted and sanctioned 328 individuals and 18 companies in foreign bribery cases since 1999. Germany is commended for its focus on holding culpable individuals liable, however, with companies held liable in only a quarter of […]

Germany takes cover from Trump in Eurozone and decides to pay for it

Nobody in Germany doubts it any more that Donald Trump’s America is not a friendly country and market any more, or a guarantor of European security, as was the case for the last 70 years after WWII. To ward off any confusion about that, the German ambassador to the US made a clear statement. Peter […]

Deeper reforms in Germany will ensure more inclusive and sustainable growth

This article is brought to you in association with OECD. The German economy is undergoing a robust expansion, with record-low unemployment and real wage gains underpinning domestic demand while strong exports are driving business investment. The strong fiscal position will offer opportunities for funding structural reforms and public investment to meet future challenges, according to a […]

At last Germany to negotiate the costs for a really cohesive Eurozone

Finally, Germany blinked. Chancellor Angela Merkel at last decided  to clearly respond and, up to a certain degree, uphold French President Emmanuel Macron’s ideas, about reforming the Eurozone, in order not only to save it from unraveling, but, if  possibe, to make it more cohesive and stronger. In an interview to last Sunday’s issue of […]

Is Germany closer to Russia than the West? Nord Stream II and Iran count more

Last Friday, Angela Merkel, the German Chancellor, rushed to Sochi, the Black Sea seaside Russian resort to meet Vladimir Putin. It was the first visit by a Western leader to meet him at home, after his fourth inauguration on 7 May as President of the vast country, this time for six more years. Looking through […]

Draghi joined Macron in telling Germany how Eurozone must be reformed

Mario Draghi the President of ECB, speaking at the European University Institute in Florence, on 11 May 2018, must have been under the influence of the idealistic aura of this Florentine learning institution. He went as far as proposing political policies, bravely overstepping his role as central banker of Eurozone. Draghi asked for an effective […]

France-Germany: Divided in Europe, USA united in…Iran

Last Tuesday afternoon the President of ‘America first’ Donald Trump withdrew the US from the Nuclear non-Proliferation Agreement with Iran. The deal is known as P5+1 and was co-signed by the US, France, Britain, Germany, Russia and China. There is no information regarding when the US is to re-introduce its economic sanctions against Iran, and […]

Germany resists Macron’s plan for closer and more cohesive Eurozone; Paris and Berlin at odds

Last week, surprising everybody, Francois Villeroy de Galhau, Governor of the Bank of France and member of European Central Bank’s Governing Council said that the decision to stop ECB’s extraordinarily accommodating monetary measures this year, is premature. So, according to him, the central bank must continue applying its extra relaxed measures well beyond this year. […]

The West cannot ignore Russia; dazed Germany sitting on the fence

After the missile attacks by the Western trio of US, Britain and France against Damascus and other positions in war torn Syria, the Russian overlords and Assad regime in that part of the world, continues pursuing their agenda, as if nothing happened. From a certain angle truly nothing has changed regarding the military and political […]

Trump’s trade war splits the EU; Germany upset with Juncker’s “we can be stupid too”

The US-EU trade war starts on 23 March, with the first shot fired by Washington at 12:01 a.m. (04.01 GMT). From what we know so far, from that minute onward the American customs authorities will impose extra tariffs on steel and aluminum imports, set by President Trump at 25% and 10% respectively. However, it seems […]

Germany readies to pay for the Brexit gap in EU finance

As expected, last Friday’s informal European Council of the 27 EU leaders didn’t produce any tangible result regarding its main agenda item; the future of Europe. The EU leaders just quarreled on who is to cover the hole in the budget, after Britain’s contribution ends with Brexit. In relation to this perennial question of money […]

Germany to re-invent its security position in Europe and a chaotic world

At the Munich Security Conference of last week, the hottest criticism for the Grand Coalition agreement of Angela Merkel and Martin Schulz, coming from within and without the country was about not spending enough on armaments and security. The American Defense Secretary Jim Mattis focused on that Germany must spend 2% of GDP on defense, […]