Latest Germany News
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German banks signal support for euro deposit guarantee scheme
FRANKFURT (Reuters) - German banking association BDB signalled it may drop its opposition to a pan-European deposit guarantee scheme, a radical step under which German lenders would absorb some of the losses of failed banks in other European states.Until now, Germany's banks have been opposed to any plans for funding bank rescues from outside of Europe's largest economy, slowing ...
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Obama says US not spying on German French US emails
BERLIN (AFP) - President Barack Obama said Wednesday that US spies were not "rifling" through emails of Germans, French or American citizens, in a defence of National Security Agency surveillance programmes.Obama defended the sweeps of global phone and Internet data during a visit to Germany, where they have caused concern, and said a balance must be struck between ensuring the ...
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New in German cinemas Monsters University
New in theaters this week, Monsters University, a joyful computer-animated extravaganza in colorful 3D. The prequel to ...
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Video Why Berlins new airport is having trouble getting off the ground
Berlin's new international airport should have been open for a year, but may not start operating until 2017. The cost has doubled to 4.3 billion euros, mostly due to the delays. Joanna Partridge reports from Berlin on what's gone wrong, and looks at other large German infrastructure project facing ...
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Livestream Watch President Obamas Speech in Berlin
SPIEGEL ONLINE International is streaming the live video of President Barack Obama's historic speech in front of the Brandenburg Gate in Berlin on Wednesday afternoon at 3 p.m. CET. Click here to view the ...
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Opinion Why U.S. now needs Germany more than ever
>Sudha David-Wilp is a senior program officer at the German Marshall Fund of the United States' Berlin office. She previously oversaw the Congressional Study Group on Germany, a program for lawmakers on Capitol Hill and in the Bundestag, in Washington DC. Follow her on Twitter. Berlin (CNN) -- US President John ...
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Bahn feels heat as cooling systems fail
With temperatures creeping up into the high thirties on Wednesday Deutsche Bahn said broken air conditioning systems could see train cancellations across the country. The network is still battling to get back on track after the ...
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Centre-left SPD party plummet in polls
It's been a tough few days for Social Democrat chancellor candidate Peer ...
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Chimes of Freedom How Springsteen Helped Tear Down the Wall
In July 1988, Bruce Springsteen gave East Germany the biggest rock concert it ever saw. In a new book, journalist Erik Kirschbaum says the Boss inspired an entire generation to strive for more freedom -- and deserves some credit for the fall of the Berlin ...
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Vodafone raises bid for German cable TV company
Britain's Vodafone Group has reportedly raised its preliminary offer to buy Germany's largest cable operator, Kabel Deutschland, a day after US media group Liberty Global made a rival bid. Bloomberg reports that Vodafone told Kabel Deutschland this week that it would be willing to pay €85 a share, compared with its initial offer of €80-82 for the German company. Vodafone is ...
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Obama first US president to speak in former East Berlin
US President Barack Obama has traveled to Berlin, Germany for his first official visit since he became president in 2009. His speech that is expected later today will also mark the first time a US president will speak from the east side of the former Wall. As Obama's deputy national security adviser, Ben Rhodes stated: "This is a place where U.S. presidents have gone to talk about the ...
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Germany Gets Bids for 6.14 Billion Euros of 10-Year Securities
Germany got bids for 6.14 billion euros ($8.22 billion) of 10-year bonds, compared with a 5 billion-euro target, the Bundesbank said in a statement. The nation sold 4 billion euros of the debt at an average yield of 1.55 percent, the central bank said. That compares with a yield of 1.41 percent on May 22 and a record-low 1.28 percent at a sale on April 17. To contact the reporter on this ...
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Deutsche Bank Says China Links Give Germany Edge in Yuan
Juergen Fitschen . "We have an advantage in Frankfurt, in Germany: We're by far China's biggest trading partner in Europe," Fitschen said in the city yesterday. "The question is if German clients will be ready to use this flexibility and win a competitive edge" by making and receiving more payments in yuan. Frankfurt, the euro area's financial capital and ...
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Michelle Obama daughters visit Holocaust Memorial
US first lady Michelle Obama visits the Holocaust Memorial in Berlin on June 19, 2013. Michelle Obama and her two daughters, Malia and Sasha, on Wednesday visited Berlin's Holocaust Memorial as part of a tour of key sites of Germany's troubled Nazi and Cold War ...
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Germanys Telepool Buys VOD Group Videobuster.de
German VOD Platform Maxdome Takes 'Skyfall' The deal, financial details of which were not disclosed, gives Munich-based Telepool full control of Netleih. Telepool managing ...
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Obama and Berlin Faded echoes meet new realities
BERLIN This city may be the only place in the world where President Obama's rhetoric is no match and can be no match for the presidents who came before him. Mr. Obama will speak Wednesday at the Brandenburg Gate just days before the 50th Anniversary of John F. Kennedy's speech of Cold War solidarity with all of West Germany, menaced for years by communist East Germany and nursed ...
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German cartel court takes on Porsche lawsuit source
Reuters © A logo is seen on a Porsche 911 Carrera 4S displayed ahead of the annual news conference at the Porsche headquarters in Stuttgart March 15, 2013. REUTERS/Lisi ...
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Update-MoodysGerman RMBS 90+ day delinquencies rose in April 2013
Wed Jun 19, 2013 5:40am EDT German residential mortgage-backed securities (RMBS) For the full text of this story please click the following ...
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Darkness and Debt German Cities Get Creative to Slash Costs
Outwardly, at least, Germany is thriving. But some 130 billion euros in combined debt are forcing communities to find creative ways to cut costs. The city of Goslar, for example, hopes that killing the lights at night will bring a brighter ...
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Etihad-backed Air Berlin faces pilot strike
Air Berlin, the German carrier in which Abu Dhabi's Etihad Airways owns a 29 percent stake, faces industrial action after trade unions representing its pilots announced plans to go on strike after a breakdown in talks with ...
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Obama returns to Berlin
Five years and 50 years. As President Barack Obama revisits Berlin, he can't escape those anniversaries and the inevitable comparisons to history and personal ...
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Refugees hoping for better life in Germany find themselves in limbo
refugees than any other rich country. But that does not mean it is easy for the hundreds of thousands of refugees stuck in limbo.One year and eight months since Chima Oxumbor arrived at Dsseldorf's police station to appeal for asylum, he has a EUR1-an-hour (85p-an-hour) job cleaning the toilets and floors at the camp where he shares a room with four or five other people. His life in Germany ...
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Six famous American quotes about Germany
President Barack Obama follows John F Kennedy and Ronald Reagan in his Berlin speech on Wednesday. Can he match being a Berliner or calling for Gorbachev to tear down that wall? The Local List has six other famous US quotes about ...
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UPDATE 1-Deutsche Annington puts 18-21 euro price tag on listing
Wed Jun 19, 2013 4:22am EDT * Listing price values whole company at 4 bln euros * Offer period June 20 to July 2 * Shares to start trading on June 3 FRANKFURT, June 19 (Reuters) - Deutsche Annington, Germany's largest residential real estate company, plans to offer shares in its planned stock market listing in a range of 18 euros to 21 euros each, valuing the whole company at least 4 billion ...
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All eyes on Obama for Berlin speech
Berlin - United States President Barack Obama will say on Wednesday that he will pursue a new reduction in deployed nuclear weapons by up to a third below the level achieved in the ';New START'; treaty with Russia, a senior administration official ...
Germany Digest
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Germany has leading role to play in climate change talks
Germany and Mexico co-hosted a global summit on climate change and some significant headway was made, but as the German Environment Minister pointed out, the most important issues remain unresolved. Germany is the regional power in Europe and just as it has played a leading role in dealing with the EU’s financial crisis, it will play a leading role in resolving climate change issues as well.
Environment Minister Norbert Roettgen, commenting on the outcome of the 40-nation summit, told Germany news media that it had been “a contribution to making success possible again”, adding that the importance of the summit’s outcomes were significant because it laid the groundwork or foundation for further agreements on the most important issues. Read more
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