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Merz elected German chancellor after surprise setback

07 May 2025

Germany’s conservative leader Friedrich Merz was due to travel to Paris and Warsaw on Wednesday after winning a nail-biting second parliamentary vote to become chancellor following a first-round setback....

Merz becomes Chancellor after a minor hiccup

07 May 2025

Friedrich Merz, leader of the Christian Democrats, which had won the election edging past the far-right Alternative for Germany (AfD), and forged an alliance with the Social Democrats because...

Tesla sales decline in Germany as drivers steer clear of Musk

06 May 2025

Tesla sales nosedived again in Germany last month even as electric vehicle sales rose strongly, data showed on Tuesday, as German drivers voted with their wallets against billionaire owner...

Germany considers 5-year multiple entry Schengen visa for UAE residents

04 May 2025

Yamina Soufou, Director of Marketing and Sales at the German National Tourist Office for the GCC, revealed that Germany is considering granting five-year multiple-entry Schengen visas to residents of...

German economy remains in the doldrums, set to recover gradually

04 Apr 2025

German industrial orders stagnated in February and January’s drop was revised to be less steep, showing that Germany’s industrial sector slump could have bottomed out, but the recovery may...

German finance minister calls for strong response to US tariffs

03 Apr 2025

German Economy Minister Robert Habeck said on Thursday that it was crucial for the European Union to have a unified response to US trade tariffs. “Europe’s strength is our...

Berlin debt splurge affects German property firms

20 Mar 2025

Berlin’s borrow-to-spend splurge is driving up borrowing costs, further choking embattled property companies seeking fresh loans and threatening to compound the country’s wider economic woes. A property crisis in...

HSBC downgrades US stocks, turns bullish on EU equities

10 Mar 2025

HSBC on Monday downgraded US equities, citing uncertainty around tariffs, while turned bullish on European stocks following boost from Germany loosening its fiscal reforms. The brokerage lowered US equities...

Germany’s voters indifferent to climate issues

07 Mar 2025

Climate activists fear the worst when Germany’s conservatives and Social Democrats begin to thrash out a joint climate policy for their future coalition government. A country once seen as...

ECB slashes interest rates and keeps door ajar to more easing

06 Mar 2025

The European Central Bank cut interest rates as expected on Thursday and kept the door ajar to more, even as a looming trade war with the US and plans...

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