INSIDER
Germany's leader vows to fix a spending crisis that's worsening gloom in the struggling economy
Read full article: Germany's leader vows to fix a spending crisis that's worsening gloom in the struggling economyGerman Chancellor Olaf Scholz has promised quick action to fix a budget crisis after a court decision blew a large hole in the almost-finished plan for next year.
German Cabinet approves a lower 2024 budget as it eyes a return to financial 'normality'
Read full article: German Cabinet approves a lower 2024 budget as it eyes a return to financial 'normality'Germanyโs Cabinet has approved a draft 2024 budget that foresees lower spending with defense among the exceptions.
Scholz inaugurates 1st liquefied gas terminal in Germany
Read full article: Scholz inaugurates 1st liquefied gas terminal in GermanyChancellor Olaf Scholz has inaugurated Germanyโs first liquefied natural gas terminal, declaring that the speed with which it was put into service is a signal that Europeโs biggest economy will remain strong.
EU proposes more forgiving debt plans a decade after crisis
Read full article: EU proposes more forgiving debt plans a decade after crisisThe European Union is considering more lenient economic recovery proposals that veer away from the grinding, top-down austerity rules that hit Greece and other countries during the financial and debt crises a decade ago.
Scholz overrides allies, keeps 3 German nuke plants running
Read full article: Scholz overrides allies, keeps 3 German nuke plants runningChancellor Olaf Scholz has ordered his ministers to prepare to keep all of Germanyโs three remaining nuclear plants running until mid-April to fend off a possible energy crunch over the winter.
Germany's climate plan: More bike lanes, no car speed limit
Read full article: Germany's climate plan: More bike lanes, no car speed limitThe German government has unveiled a new package of climate measures to close the emissions gap in the transport and housing sectors as part of the countryโs plan to become carbon neutral by 2045.
Yellen's global tax plan meets resistance abroad and at home
Read full article: Yellen's global tax plan meets resistance abroad and at homeLast July, Treasury Secretary Janet Yellen celebrated it as a โhistoric dayโ when more than 100 nations agreed to a global minimum tax deal meant to reform and equalize the worldโs economy.
Germany's Schroeder loses office amid anger over Russia ties
Read full article: Germany's Schroeder loses office amid anger over Russia tiesGerman lawmakers have agreed to strip former Chancellor Gerhard Schroeder of his office and staff after he maintained and defended his long-standing ties with Russia and its energy sector despite the invasion of Ukraine.
Inflation, Russia-Ukraine war draw G7 finance leaders' focus
Read full article: Inflation, Russia-Ukraine war draw G7 finance leaders' focusFinance ministers for the Group of Seven leading economies are grappling with deepening inflation concerns and the immediate effects of Russiaโs war in Ukraine, with U_S_ Treasury Secretary Janet Yellen warning that it all adds up to a โvery difficult economic situation.โ.
Germany honors survivor of Nazi camps, 96, killed in Ukraine
Read full article: Germany honors survivor of Nazi camps, 96, killed in UkraineGermanyโs parliament has paid tribute to Boris Romanchenko, who survived several Nazi concentration camps during World War II but was killed last week during an attack in the Ukrainian city of Kharkiv.
German envoy to raise energy security, climate on US visit
Read full article: German envoy to raise energy security, climate on US visitGermanyโs vice chancellor is traveling to Washington for talks with U.S. officials that will focus on energy security and the need to ramp up renewable energy in the wake of Russiaโs attack on Ukraine.
Scholz replaces Merkel as German chancellor, opening new era
Read full article: Scholz replaces Merkel as German chancellor, opening new eraOlaf Scholz has become Germany's ninth post-World War II chancellor, opening a new era for the European Unionโs most populous nation and largest economy after Angela Merkelโs 16-year tenure.
Scholz seals deal to crown career as German chancellor
Read full article: Scholz seals deal to crown career as German chancellorOlaf Scholz is set to become post-World War II Germanyโs ninth chancellor, crowning a career that has seen him serve in a string of top government posts, after leading his party to an election comeback that appeared hugely unlikely just a few months ago.
German kingmakers open talks toward forming new government
Read full article: German kingmakers open talks toward forming new governmentThe two parties that are expected to determine who will become Germanyโs next chancellor have started talks to bridge their differences and declared that they got off to a good start.