Page 42 - Germany

Germany's trade jumps in Feb, Ukraine war tremors to be felt in March

Imports increased 4.5% on the month, compared with an average forecast for a 1.4% increase

Ukraine crisis: German official calls for more sanctions against Russia

Germany's economy minister says Europe should impose additional sanctions on Russia to prevent what he described as a barbaric war in Ukraine

Putin proposes procedure to continue gas payments in euros: Germany

Russian President Vladimir Putin has told German Chancellor Olaf Scholz that European partners can continue paying for Russian gas in euros, a government statement said

Germany's inflation jumps to 7.3% to record 40-year high in March

German's inflation rate rose to 7.3 per cent in March on an annual basis, hitting a fresh 40-year high, according to official figures issued on Wednesday.

Putin, Scholz discuss gas payment issues, Russia-Ukraine peace talks

Russian President Vladimir Putin discussed gas payment issues and Russia-Ukraine talks during a telephone call with German Chancellor Olaf Scholz on Wednesday.Putin informed Scholz about the substance of the decision to switch to Russian rubles in gas transactions, for Germany in particular, and reiterated that the move was taken in response to a violation of international law, namely after EU member states froze the foreign exchange reserves of the Bank of Russia."It was noted that the decision taken should not lead to a deterioration of contractual obligations for the European companies importing Russian gas," the Kremlin said.The two leaders also exchanged views on the latest round of talks between Russian and Ukrainian representatives in Istanbul, and addressed issues related to the safe evacuation of civilians from combat zones, primarily from Mariupol.

Germany triggers warning over gas amid Russian ruble demand

Germany's gas storages are currently filled to about 25% capacity.

Russia-Ukraine war is reshaping how Europe spends

The result is a sudden reshuffling of budgets as military spending, essentials like agriculture and energy, and humanitarian assistance are shoved to the front of the line.

War, inflation drag German consumer sentiment lowest since Feb 2021

German consumer morale looks set to slump heading into April as the Ukraine war pushed households' economic and income expectations to new record lows since the 2009 financial crisis, a survey showed

Holocaust survivors flee from war-hit Ukraine to Germany for safety

When the bombs started falling on Ukraine's Kyiv, Tatyana Zhuravliova had a horrible deja vu: she felt the same panic she suffered as a little girl when the Nazis were flying air attacks on Odesa.

German chancellor clarifies stand after Biden's comment on Putin's rule

German Chancellor Olaf Scholz says that neither NATO nor US. President Joe Biden aim to bring about regime change in Russia.

Ukraine war causing German business sentiment to 'collapse': Ifo Institute

Sentiment among German companies "has collapsed" due to the Ukraine crisis, the Munich-based Ifo Institute for Economic Research has said.

Germany's Covid-19 infections twice as high as official numbers: Minister

Germany's actual daily Covid-19 infections were likely to be twice as high as the number of officially reported cases, Health Minister Karl Lauterbach has said.

German president Steinmeier and his wife test positive for Covid-19

Both have mild symptoms and immediately went into isolation

Covid-19 cases spike in Germany after nation eases most restrictions

The seven-day Covid-19 incidence rate in Germany has increased to 1,714 cases per 100,000 people after the country eased most of the pandemic-related restrictions

EU split on Russia oil sanctions over Ukraine invasion, mulls other steps

The European Union's foreign ministers disagreed on Monday on whether and how to slap sanctions on Russia's lucrative energy sector over its invasion of Ukraine

European Union to mull Russian oil embargo with Biden set to join talks

EU governments will take up the discussion among foreign ministers on Monday, before Biden arrives in Brussels on Thursday for summits with NATO's 30 allies

European Union to mull Russian oil embargo with Biden set to join talks

EU governments will take up the discussion among foreign ministers on Monday, before Biden arrives in Brussels on Thursday for summits with NATO's 30 allies

Germany's GDP growth forecast halved due to Russia-Ukraine crisis

The Kiel Institute for the World Economy (IfW Kiel) almost halved its forecast for Germany's gross domestic product (GDP) growth in 2022 from 4% to 2.1%

Tear down wall dividing free and unfree Europe: Zelensky urges Germany

Ukrainian President says German ties with Russia helped build the wall, invokes Berlin Airlift, fall of Berlin Wall in plea

Ukrainian President Zelenskyy says Germany prioritised economy

Ukrainian President Volodymyr Zelenskyy has accused Germany of putting its economy before his country's security in the run-up to the Russian invasion. In an address to Germany's parliament Thursday, Zelenskyy criticized the German government's support for the Nord Stream 2 pipeline project meant to bring natural gas from Russia. Ukraine and others had opposed the project, warning that it endangered Ukrainian and European security. Zelenskyy also noted Germany's hesitancy when it came to imposing some of the toughest sanctions on Russia for fear it could hurt the German economy. The Ukrainian president called on Germany not to let a new wall divide Europe, urging support for his country's membership of NATO and the European Union.