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Tag Archives: german

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German recession ‘inevitable’ – Deutsche Bank

The engine of European economic development, Germany, is set for a contraction, Deutsche Bank CEO Christian Sewing warned this week, as cited by CNBC. According to the media outlet, Sewing said in a speech at the Handelsblatt Banking Summit in Frankfurt that the war in Ukraine “destroyed a number of certainties” …

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German MP names ‘stupidest government’ in Europe

Germany’s government is the “stupidest” in Europe for managing to embroil itself in a full-blown “economic war” with its top energy supplier, Russia, left-wing politician Sahra Wagenknecht said on Thursday. Speaking in the Bundestag, the former co-chair of the party Die Linke (The Left) urged an end to anti-Russian sanctions …

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German gas giant pleads for state funding amid energy crisis

Germany’s largest gas importer – Uniper – has been struggling to replace missing Russian gas supplies as the company’s losses are mounting, its CEO, Klaus-Dieter Maubach, admitted this week. The company might also run out of the money provided by Berlin in the form of an aid package later this …

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Most German regions can’t take in more Ukrainians – media

Three quarters of German regions have told the government in Berlin that they can no longer take in Ukrainian refugees, the country’s RND media outlet has claimed. The report, published on Saturday and citing a spokesperson for Germany’s ministry of the interior, said the number of people who have fled …

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Sacked Ukrainian ambassador lashes out at German official

Kiev’s former ambassador to Berlin, Andrey Melnik, has said his invitation to the president of Germany’s eastern state of Saxony, Michael Kretschmer, to visit Ukraine has been rescinded. The envoy was fired from his post by Ukrainian President Vladimir Zelensky in early July after his statements caused several awkward situations …

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German security official warns about ‘enemies of the state’

The current energy crisis and inflation could lead to protests in Germany’s North Rhine-Westphalia, the region’s interior minister has warned. Herbert Reul added that these issues are being exploited by conspiracy theorists, whom he described as a threat to the German state. Appearing on n-tv’s Fruhstart program on Monday, Reul …

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German chancellor makes Holocaust comment following criticism

German Chancellor Olaf Scholz has denounced a remark from Palestinian President Mahmoud Abbas that Israel had perpetrated multiple “holocausts” against Palestinians. Scholz had come under fire for failing to challenge Abbas’ accusations during their joint press conference in Berlin on Tuesday. “I am disgusted by the outrageous remarks made by …

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German weapons failing in Ukraine – media

German artillery guns are breaking down a month after they were delivered to Ukraine, Der Spiegel reported on Friday. The weapons are reportedly struggling to deal with the high rate of fire the Ukrainian military is subjecting them to. Some of the seven Panzerhaubitze 2000 guns sent to Ukraine at …

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German Vice Chancellor called ‘warmonger’ (VIDEO)

German Economy Minister Robert Habeck was drowned out by protesters in Bayreuth on Thursday as he urged Germans to accept the rising cost of energy as the price of standing against Russia. Meanwhile, gas prices are set to soar even further thanks to a new government surcharge. A chorus of …

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