ANGELA MERKEL has been dealt a blow after an economic expert warned five million Germans are at risk of unemployment amid a bankruptcy wave due to the coronavirus crisis. The EU’s largest economy is preparing for an economic downturn as … Read More
Greetings from Tyler, Despite every news report pumping viral fear, we’ve got a few other matters to discuss. One is that Tehran has experienced its third major explosion in as many weeks. The latest is said to have blown up … Read More
German Chancellor Angela Merkel and the head of the European Commission, Ursula von der Leyen, hold a joint news conference via video conference to mark Berlin taking over the EU’s rotating presidency from July 1 until the end of the … Read More
BERLIN (Reuters) – Chancellor Angela Merkel aims to strengthen a divided European Union and help its hard-hit economy recover from the coronavirus pandemic when Germany takes over the rotating presidency of the 27-member bloc on Wednesday. Critics have in the … Read More
In the long run, the COVID-19 pandemic may change Europe’s economy for the better. People wearing face masks walk in front of a euro sign in Frankfurt am Main, Germany, on April, 24. YANN SCHREIBER/AFP/GETTY IMAGES Germany’s fiscal prudence hasn’t made … Read More
FRANKFURT – More than 1,000 employees at German meat processing firm Toennies have tested positive for coronavirus, prompting local health authorities to order all 6,500 employees and their families to go into quarantine. The localized lockdown is a setback for … Read More
President Trump has directed the Pentagon to remove thousands of American troops from Germany by September, a move that would dramatically reshape the U.S. military posture in Europe and reflects growing tensions between Washington and Berlin over military spending and other security issues, U.S. government officials … Read More
The German Chancellor’s surprising move to back a cashed-up EU recovery fund is giving fresh impetus to a supranational approach. The German Chancellor has a record of defying orthodoxies and the Covid-19 crisis cries out for extraordinary steps BERLIN • … Read More
(Bloomberg Opinion) — The European Union’s pandemic recovery plan has all the hallmarks of a historic leap in the dark for the 27-member bloc. It aims to unleash as much as 750 billion euros ($826 billion) of fiscal stimulus, fueled by joint borrowing on … Read More
BERLIN (Reuters) – Germany must help its European Union neighbors revive their economies after the coronavirus crisis, Chancellor Angela Merkel told a meeting of lawmakers from her conservative bloc on Tuesday, according to several participants. It is essential for Germany, … Read More