Germany

Results for Germany

Bundesbank Shifts Stance And Backs Unions’ Push For Big Pay Rises

The Bundesbank has backed the push by Germany’s trade unions for inflation-busting wage settlements, in a remarkable shift in stance from a central bank famed for its tough approach to keeping prices in check, the Financial Times reported. Jens Ulbri ...

Daily Headline - global.abi.org - 07/21/2014 - 18:49 - 0 comments

Insolvent German Bookseller Weltbild Finds New Investor

The administrator of insolvent German bookseller Weltbild said on Wednesday he had broken off talks with investor Paragon Partners and agreed to do a deal with restructuring specialist Droege International Group instead, Reuters reported. Droege will par ...

Daily Headline - global.abi.org - 07/16/2014 - 22:03 - 0 comments

In Reversal, Germany Loosens Rules on Retirement Age

In 2007, the German government led by Chancellor Angela Merkel voted to lift the retirement age gradually to 67 from 65, in line with policies being adopted by the United States and other countries concerned about the costs of supporting an aging populat ...

Daily Headline - global.abi.org - 06/30/2014 - 22:08 - 0 comments

Germany Set to Avoid New Borrowing Next Year

The German government won't take on new debt in 2015—the first time since 1969 it has avoided doing so, according to draft budget figures, as Berlin seeks to demonstrate the benefits of structural economic changes to its struggling euro-zone partner ...

Daily Headline - global.abi.org - 06/29/2014 - 23:47 - 0 comments

Photon Publishing Enters Insolvency

Photon Publishing, which produces the prominent solar industry periodical, Photon International, has entered insolvency proceedings in the court of Aachen, Germany, PV-Tech reported. According to details of the filing published by the court, Andreas Ring ...

Daily Headline - global.abi.org - 06/23/2014 - 23:21 - 0 comments

Germans Worry Over Rising Housing Prices

The German economy may be thriving, but Germans aren't letting go of their financial angst. Their latest gripe: rising house prices, The Wall Street Journal reported. A healthy property market would be good news in many countries. But in Germany ...

Daily Headline - global.abi.org - 06/18/2014 - 22:20 - 0 comments

German Minimum Wage To Shake Up Interns

Chancellor Angela Merkel’s coalition plans to introduce a minimum wage next year that some analysts and business groups are warning could lead to sharp reductions in the number of internships, the Financial Times reported. The legislation, which is e ...

Daily Headline - global.abi.org - 06/18/2014 - 22:22 - 0 comments

Siemens and Mitsubishi Heavy Industries Nearing an Offer for Alstom

Competition to acquire the French energy equipment maker Alstom was expected to intensify on Monday, as Siemens of Germany and Mitsubishi Heavy Industries of Japan were said to be preparing to make a joint offer that could pressure General Electric to im ...

Daily Headline - global.abi.org - 06/15/2014 - 21:51 - 0 comments

Deutsche Bank Warns Investors on Currency Investigation

Deutsche Bank warned investors on Thursday that continuing investigations by financial regulators into potential manipulation of the $5-trillion-a-day currency markets could have a “material” financial effect on the bank, the International New York Tim ...

Daily Headline - global.abi.org - 06/05/2014 - 22:49 - 0 comments

Germany’s Savings Banks Lash Out At ECB

The head of Germany's savings banks association has attacked the European Central Bank on the eve of a historic decision on Thursday that could see the central bank’s key interest rates fall to new record lows, the Financial Times reported. Geor ...

Daily Headline - global.abi.org - 06/05/2014 - 00:06 - 0 comments

Syndicate content