Germany

Results for Germany

Bundesbank: Euro Ought To Be Able To Withstand Any Member State Insolvency

Steps should be taken to ensure that the euro zone currency bloc could withstand a possible insolvency of one of its members, Germany's Bundesbank said in its monthly report on Monday. "The financial and state debt crisis ... has yet to be over ...

Daily Headline - global.abi.org - 03/23/2015 - 20:37 - 0 comments

Germany Eyes Changes To Bank Debt Law

Market opinion is divided over the importance of proposed German legislation that would effectively force senior bondholders down the credit capital structure when a failing bank is resolved, Reuters reported. "What the lawmakers have done is effect ...

Daily Headline - global.abi.org - 03/22/2015 - 21:59 - 0 comments

Germany’s Merkel Set to Intervene in Greek Rift With Creditors

German Chancellor Angela Merkel is poised to intervene directly in a deepening rift between Greece and its international creditors, a sign of Berlin’s growing concern that the acrimony threatens the unity of the eurozone, The Wall Street Journal repo ...

Daily Headline - global.abi.org - 03/19/2015 - 22:36 - 0 comments

Germans Protest European Austerity Measures

Protesters set cars on fire and clashed with police officers on Wednesday as they marched toward the European Central Bank’s new headquarters in a demonstration against austerity and capitalism that took on a markedly more heated tone than past protests, ...

Daily Headline - global.abi.org - 03/18/2015 - 23:15 - 0 comments

German Rescue Fund Takes Over Duesselhyp Bank After Heta Problems

Germany's deposit protection fund is planning to take over the property lender Duesseldorfer Hypothekenbank AG (DuesselHyp), which has run into problems due to its exposure to Austrian lender Hypo Alpe Adria's "bad bank" Heta, Reuters ...

Daily Headline - global.abi.org - 03/15/2015 - 21:19 - 0 comments

The Giant Hole in Germany’s Economy: Startups

Europe’s biggest economy needs people who think small. German business is booming and employment stands at a record high. But the surge is driven mainly by decades-old companies. Startups are scarce and getting rarer. That worries policy makers. In a sig ...

Daily Headline - global.abi.org - 03/05/2015 - 22:29 - 0 comments

German Module Manufacturer Solar-Fabrik Files For Insolvency

Solar-Fabrik, one of the last remaining PV module manufacturers still in German ownership has filed for insolvency, but under self administration, at the local court of Freiburg, PV-Tech reported. The company said that the insolvency proceedings were due ...

Daily Headline - global.abi.org - 02/03/2015 - 00:05 - 0 comments

Managers Back In Court In Teldafax Insolvency Case

The trial against three former managers of the independent utilities discounter Teldafax resumed on Monday, putting an end to a nearly year-long suspension, Deutsche Welle reported. Last February, Teldafax's former senior executives, Klaus Bath, ...

Daily Headline - global.abi.org - 01/26/2015 - 23:09 - 0 comments

The Nürburgring and state aid

Jens Lieser & Dr. Alexander Jüchser In July 2012 the Nürburgring GmbH, 90% owned by the state of Rhineland-Palatine and 10% owned by the district of Bad Neuenahr-Ahrweiler, and two of its subsidiaries, filed for insolvency administration in acc ...

Resource Article - abi_admin - 01/21/2015 - 12:43 - 0 comments - 1 attachment

German Landesbanken: Lost A Fortune, Seeking A Role

A bank backed by authorities in Europe’s most solvent economy should hardly be considered risky, The Economist reported in an analysis. Yet it came as a surprise to many that HSH Nordbank, a lender majority-owned by two northern German states, even p ...

Daily Headline - global.abi.org - 01/08/2015 - 23:38 - 0 comments

Syndicate content