Germany

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European Central Bank Faces Renewed Pressure In Germany

The European Central Bank has come under renewed pressure in Germany, after a group of academics and business people filed a complaint at the country’s highest court over the monetary policymakers’ mass bond-buying programme, the Financial Times repo ...

Daily Headline - global.abi.org - 05/16/2016 - 21:17 - 0 comments

International Monetary Fund Faces Pressure From Germany Over Greece

In Europe’s battle with the International Monetary Fund over Greece, Germany has a way to win, The Wall Street Journal reported. Germany, Europe’s dominant economic power, is leaning heavily on the IMF to accept hypothetical assurances that Greece’s ...

Daily Headline - global.abi.org - 05/12/2016 - 20:08 - 0 comments

Germany Is The Eurozone’s Biggest Problem

Why is conventional German thinking on macroeconomics so peculiar? And does it matter? the Financial Times reported in a commentary. The answer to the second question is that it matters a great deal. A part of the answer to the first is that Germany ...

Daily Headline - global.abi.org - 05/10/2016 - 21:04 - 0 comments

IMF Urges Germany to Speed Up Structural Reforms, Raise Investment

The International Monetary Fund Monday urged Germany to step up investment and accelerate structural reforms to boost its growth prospects and alleviate the negative effects of a rapidly aging society, The Wall Street Journal reported. “More progress ...

Daily Headline - global.abi.org - 05/09/2016 - 21:46 - 0 comments

German 'Doom Loop' Cure Could Be Worse Than Banks' Disease

The euro zone is tying itself in knots over whether to limit banks' holdings of their own governments' bonds or to make them set aside more capital against home sovereign risk, Reuters reported in an analysis. Germany, the bloc's dominant ...

Daily Headline - global.abi.org - 05/08/2016 - 19:49 - 0 comments

Bartec Lenders To Appoint Restructuring Adviser

Lenders to struggling German oil and gas safety tools producer Bartec are set to appoint a financial restructuring adviser by the beginning of next week, according to two sources close to the situation. Lenders held a beauty parade on Wednesday to appoin ...

Daily Headline - global.abi.org - 05/05/2016 - 20:50 - 0 comments

German Payment Provider Paymill Files For Preliminary Insolvency

Paymill, a one-stop solution which enables merchants to easily accept credit and debit cards, announced it made the decision to go for a preliminary insolvency in self-administration. With this decision, the German online payment provider hopes to bring ...

Daily Headline - global.abi.org - 05/02/2016 - 21:05 - 0 comments

German Finance Minister Upbeat Over Greek Bailout Review

German Finance Minister Wolfgang Schäuble said Monday he is confident Greece and its creditors will agree on an assessment of the country’s bailout program, although he cast doubt on whether an agreement could be reached this week, The Wall Street Jour ...

Daily Headline - global.abi.org - 04/25/2016 - 21:37 - 0 comments

Deutsche Bank To Bid For Nama Properties

Europe’s largest investment bank Deutsche Bank has emerged on the list of bidders this week for one of the National Asset Management Agency’s last big portfolio sales, the Irish Times reported. The Frankfurt-based bank joins a joint offer from Wall S ...

Daily Headline - global.abi.org - 04/24/2016 - 17:23 - 0 comments

Prosecutors Call For Family Behind Defunct German Retailer Schlecker To Face Trial

German prosecutors said on Thursday they would press criminal charges against the family behind drugstore chain Schlecker, which folded four years ago, Reuters reported. The chain's founder, 71-year-old Anton Schlecker, is accused of having siphoned ...

Daily Headline - global.abi.org - 04/14/2016 - 22:01 - 0 comments

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