Latest Germany News
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German institutional market opens up
The German institutional market is opening up to non-German players as investors acknowledge that there is excellent investment expertise outside of Germany, despite the fact that German banks and asset managers have a global reputation, according to Olivier Lebleu, managing director EMEA of MFS Investment Management ...
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Fidelity International Real Estate Business expands into Germany
Fidelity International’s Real Estate Business is planning to expand into the Continental European market with the opening of a dedicated Fidelity Real Estate Business office in Munich. The new office, which is currently going through its regulatory notifications, will provide a strategic base for Fidelity’s director of European Real Estate, Keith Sutton. From here he will ...
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Mercer penetrates German market
IMercer has boosted its presence in the German pensions space with the acquisition of local player Hofer Vorsorge-Management, one of Germany’s leading actuarial and retirement consulting firms. The acquisition, effective from 1 January 2008, has increased Mercer’s German employee base to more than 500 and expanded its reach to five additional offices in Berlin, Karlsruhe, ...
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G-REITs open up German market
The German Real Estate Investment Trust (REIT) is finally on the market, following the German President Horst Kohler’s signing of the G-REIT law at the end of May. The new law – which will apply retrospectively from 1 January 2007 – was ratified by the German parliament in March but was not binding until this final stage of the process was complete. It is expected to ...
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Friends Provident targets Germany
UK life and pensions provider Friends Provident has entered the German market as part of a long-term development of business in continental Europe. Aiming to bring innovation and flexibility to Germany, the company has partnered with distribution and service business, Financial Partners Business (fpb) AG, to launch the Friends Plan range of pensions, which can be used for personal and ...
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50 years after JFKs Berlin speech
>Editor's note: Nicolaus Mills is professor of American studies at Sarah Lawrence College and author of "Winning the Peace: The Marshall Plan and America's Coming of Age as a Superpower. "(CNN) -- The White House has announced that on Wednesday, at the invitation of German Chancellor Angela Merkel, President Obama will speak in Berlin at the city's landmark Brandenburg Gate. The president's ...
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Hamburg to be run by at least 40 percent women
Hamburg city state has taken the first steps to introducing a women's quota in management - passing a law saying that no committee can be staffed by more than 60 percent of a single ...
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Germany home to one million millionaires
Germany has the third highest population of millionaires of any country in the world, and according to a study released on Wednesday, their piles of gold are growing faster than the world ...
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Manufacturers moving to New Berlin Menomonee Falls
A Menomonee Falls manufacturer is moving to Westridge Business Park, in New Berlin, while another area manufacturer to moving to Menomonee Falls from Mequon. Milwaukee Broach Co. has leased approximately 28,000 square feet at 5660 S. Westridge Court, in a lease brokered by Kevin Barry and Kenneth Braden, of Cassidy Turley Barry, and Barry Chavin, of NAI MLG Commercial. Milwaukee Broach, which ...
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President Obama to speak at Berlin landmark
After attending the G-8 summit in Ireland, the president is spending two days in Germany where he'll speak at the Brandenburg Gate, 50 years after John F. Kennedy visited the landmark that divided Berlin. NBC's Chuck Todd ...
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Obamas Germany trip cant be business as usual
President Obama's speech in Berlin today shows that America needs Germany to help with global issues. But German power has limits. Obama needs fresh ideas to help Europe and to fortify the transatlantic relationship, because the circumstances that created this bond no longer ...
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Obama voices hope Afghan peace talks will go on
US President Barack Obama said Wednesday he always expected "friction" at Afghan reconciliation talks but voiced hope they could still take place despite a row over the name of a new Taliban office in Doha."My hope is that despite those challenges the process will proceed," Obama said after the Afghan government cut off security talks with Washington.Afghan President Hamid ...
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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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Obama schedule for Wednesday June 19
President Obama's schedule Wednesday included meetings in Germany with U.S. Embassy personnel and German dignitaries, the White House said. The daily schedule indicated Obama would: -- Meet, with first ...
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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 ...
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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