Friday, 26 April , 2024

Germany

European Civilization

Onlookers reportedly encouraged a 17-year-old Somali asylum seeker who committed suicide to jump to his death from a fifth story apartment building in the eastern German town of Schmölln, according to the town's mayor.

Germany as crisis-exporter, Wallonia and EU

Late on Friday, Canada’s trade minister – the former FT journalist Chrystia Freeland – declared that the trade agreement with the EU (the so-called Ceta) had failed. She’d been commuting between Brussels and Namur, the seat of Wallonia’s regional parliament, for a few days, trying to get the region’s left-wing government to support the trade deal. But her efforts, and those by others, were in vain. Wallonia didn’t budge. All the EU leaders that were in Brussels to seal the deal ahead of Justin Trudeau’s visit on Thursday, had to return back home empty-handed.

Deutsche Bank and the global financial crisis

Deutsche Bank’s shares plunged to record lows this week, sparking talk of a government bailout to avert a new financial crash. The turmoil surrounding Germany’s biggest bank demonstrates that all of the contradictions of the global financial system that led to the meltdown of 2008 are once again erupting. Now, however, these contradictions are fuelling

Why Germans vote AfD

MANUEL OCHSENREITER: THE END OF MERKEL'S POLITICS (VIDEO)

The Coming European Debt Wars

The mortgage debts in post-Soviet economies and Iceland are more explosive. Although these countries are not in the Eurozone, most of their debts are denominated in euros. Some 87% of Latvia’s debts are in euros or other foreign currencies, and are owed mainly to Swedish banks, while Hungary and Romania owe euro-debts mainly to Austrian banks. So

More than 160,000 join German trade deal protest

More than 160,000 demonstrators thronged seven major cities across Germany on Saturday in protest over a massive transatlantic trade deal, dealing a new blow to the disputed accord.

EU Starves Greece To Force Sell Off

But Greek Prime Minister Alexis Tsipras was holding a simultaneous meeting of southern EU leaders in Athens, seeking French and Italian support for an “anti-austerity front” designed to challenge Germany. Years of privatisation and cuts have reduced the size of the Greek economy by more than a quarter and seen national debt soar

Steinmeier calls for returning Russia to G8

"The conflicts in Syria and Ukraine demonstrate our interest not to exclude Russia from close cooperation between the world’s leading economies," the minister said in an interview posted on the website of the German Publishers Association on Aug. 31.

The TTIP is Dead

Negotiations started in 2013. Aafter 14 ‘rounds’ of talks dealing with 27 points, no agreement has been reached, none whatsoever, leading to the conclusion that the deal is dead. Even though Mme. Merkel defended the treaty with all her heart up to the end of July 2016, both Germany and France now request a definite end to the negotiations.