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Articles tagged with: germany

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[15 Jan 2014 | No Comment | ]

Germany said it tried to deal “honestly” with its World War II past and urged Japan to do the same after Prime Minister Shinzo Abe’s visit to a controversial war shrine.
“I do not wish to comment on questions related to Japanese domestic politics,” Chancellor Angela Merkel’s spokesman Steffen Seibert told reporters Monday when asked about the surprise Yasukuni shrine visit which enraged China and South Korea.
“But in general, all nations must honestly live up to their role in the horrible events of the 20th century. Only on the basis of …

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[31 Oct 2012 | No Comment | ]

German Finance Minister Wolfgang Schaeuble urged Britain on Monday to remain strongly engaged in the European Union, responding to a tide of Euroskepticism that Berlin fears could sweep London towards the exit.
Schaeuble’s plea, delivered during a visit to Oxford University, came days after British Foreign Secretary William Hague mapped out a very different vision of a much looser EU in which Britain would opt out of many policies.
Chancellor Angela Merkel said she would visit Britain, an “important partner”, for talks with Prime Minister David Cameron next week.
“In my view the …

Headline, Health and Beauty »

[6 Sep 2012 | No Comment | ]

The German manufacturer of a notorious drug that caused thousands of babies to be born with shortened arms and legs, or no limbs at all, issued its first ever apology Friday—50 years after pulling the drug off the market.
Gruenenthal Group’s chief executive said the company wanted to apologize to mothers who took the drug during the 1950s and 1960s and to their children who suffered congenital birth defects as a result.
“We ask for forgiveness that for nearly 50 years we didn’t find a way of reaching out to you from …

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[1 Jul 2012 | No Comment | ]

Europe’s top-selling newspaper, the German daily Bild, has made it into the record books for its 60th anniversary edition, of which 41 million copies were distributed, the paper said yesterday.
A special, free-of-charge edition of the paper was produced and sent to 41 million German households on Saturday, setting the record for “the biggest distribution of a free special edition of a newspaper”.
Piled on top of each other, the papers would form a stack 150 kilometres high, Bild said.
With over 12 million readers and sales of three million copies a day, …

Money Matters »

[29 Feb 2012 | No Comment | ]

Germany’s budget deficit dropped sharply to 1 per cent of gross domestic product last year – putting Europe’s biggest economy well under the permitted limit for countries that use the euro.
The Federal Statistical Office on Friday confirmed an initial deficit estimate it gave in early January.
Last year’s low deficit followed two years in which Germany exceeded the 3 per cent stipulated by European Union rules – a limit frequently flouted by countries in the 17-nation euro zone.
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Germany had a surplus of 0.2 percent in 2007 but went …

Business News & Advice »

[18 Jan 2012 | No Comment | ]

Germany’s Volkswagen has sold more than eight million vehicles worldwide in 2011, possibly enough to grab the top spot among global car makers for the first time.
VW boosted sales by more than one million vehicles, or 14 per cent, to 8.16 million last year, chairman Martin Winterkorn said on the eve of the annual North American International Auto Show in Detroit.
That was likely enough to put it past the champion of the previous three years, Japan’s Toyota, which found production last year hobbled by the March 11 earthquake-tsunami disaster.
But total …

Money Matters »

[17 Jan 2012 | No Comment | ]

Robust economic growth and higher tax revenues slashed the German budget deficit to nearly three times less than originally forecast.
The federal government’s deficit tumbled to 17.3 billion euros ($21.40 billion), compared with the 48.4 billion euros it had initially expected, according to official figures released overnight.
Finance Minister Wolfgang Schaeuble had said during the course of the year that it could hit 30 billion euros while his ministry just weeks ago corrected the figure down to around 20 billion euros.
The German government cited the strength of Europe’s top economy and …

Money Matters »

[20 Dec 2011 | No Comment | ]

British Euro-skeptics and many Conservatives were triumphant that Prime Minister David Cameron cast his veto in defense of the City of London at the European summit recently; to British liberals, it was a night of shame that the United Kingdom was so easily isolated; to Europe generally it was a chance to move on.
It is said that Germany rules, France reigns and Britain is lost in a fog in La Manche (the English Channel). In the U.S. and other markets, there is skepticism mixed with cynicism whether the European fiscal …

Headline »

[19 Dec 2011 | No Comment | ]

No longer just a place to while away the time in transit, the best airport lounges have become a five-star escape from the masses.
A good airport lounge is like a Teflon suit for travellers. Almost any delay can be handled, even shrugged off, when you’re surrounded by bistro-grade food, a fully stocked bar and creature comforts ranging from showers and a beauty spa to private rooms with their own day bed.
Welcome to the world of the first class lounge. These spacious and stylish sanctuaries are a cut above the business …

Money Matters »

[7 Dec 2011 | No Comment | ]

He sends her wine and gives her fine French cheese. She sends him teddy bears.
At last, after years of antipathy verging on outright hostility, the on-off relationship of Europe’s most unlikely couple looks set to be consummated this week.
Angela Merkel, 57, and Nicolas Sarkozy, 56, are thrashing out the final pre-nuptial arrangements for the political marriage of convenience that will save the euro and possibly Europe. The two leaders meet again today, in Paris, to see whether they can agree final terms for a closer union that could save the …