Germany is the most attractive place for investors in Europe, the results of a global survey revealed on Tuesday. Business leaders praised the nation’s openness, stability and transparency. A global survey of investors and managers from Ernst & Young placed … Read More
Category Archives: Germany
Germany plans to ban EU benefit fraudsters
EU immigrants found abusing the German benefits system could be banned from re-entering the country for up to five years under a planned draft law. It comes as figures on Thursday showed migration to Germany has reached a 20-year high. … Read More
Coalition agrees to lower retirement age to 63
Germany’s coalition government agreed yesterday on the finer details of cutting the retirement age to 63 years for some groups of workers. Under reforms pushed by the centre-left Social Democrats (SPD), the retirement age will be lowered for those who … Read More
German economic growth doubles
Germany’s economy gathered momentum in the first three months of the year with gross domestic product (GDP) growing by 0.8 percent - twice as much as the previous quarter. Growth was driven by the mild winter and private consumption. It … Read More
Third of species in German seas endangered
Ecologists have called for more marine nature protection zones, as nearly a third of fish and other sea species in German waters are now considered endangered. Germany’s Agency for Nature Conservation (BfN) published a new ‘red list’ of endangered species … Read More
German hourly labour costs outstrip EU rivals
Germany’s average hourly labour cost was €31.70 in 2013, giving it the seventh highest rate among the 28 EU countries - and its costs are rising faster than the European average. The federal statistics office, Destatis, reported on Monday that … Read More
Germany is EU’s worst polluter
Germany is the European Union’s worst polluter, with its carbon dioxide emissions rising by two percent in 2013 to 760 million tonnes, official data showed yesterday. The EU’s statistics agency Eurostat found that while emissions were cut across the 28-member … Read More
German reunification bill hits €2 trillion
Researchers estimate that 25 years of financial support flowing from the former West into East Germany has cost just under €2 trillion. In a study commissioned by the Welt am Sonntag, economists at the Berlin-based research association SED-Staat added up … Read More
EU’s eastward expansion created one millon German jobs
The expansion of the European Union eastwards ten years ago was a “godsend” and has created one million jobs in Germany, the head of the Association of German Chambers of Commerce and Industry (DIHK) said today. The expansion of the … Read More
Mystery wax clumps wash up on Rügen beach
White clumps of paraffin the size of tennis balls are washing up on the beaches a Baltic island in the second mysterious pollutant spill to hit the Baltic Sea island within a month. A clean-up operation is underway on Rügen … Read More
German drones save Bambis from farmers
A German wildlife rescue project is deploying small aerial drones to find and protect young deer hiding in tall grass from being shredded by combine harvesters cutting hay in spring. The pilot project has shown great promise in spotting the young … Read More
Russian spies step up activity in Germany
Russian spies are increasingly targeting potential informants in German politics and business by taking them out to dinner, according to the German counterintelligence service. Russian agents posing as embassy workers are infiltrating German politics and business circles, the intelligence service … Read More
Heartbleed programmer says he made a mistake
A German computer programmer who wrote the Heartbleed code which has caused a worldwide online security scare has said he made a mistake. The faulty code allows anyone to read the memory of systems which use the popular OpenSSL software. … Read More
Asylum seekers up 80 percent in a year
The number of people applying for asylum in Germany has rocketed by 80 percent in one year due to global crises, according to a government office. In March 2014 79.2 percent more people applied for asylum than in the same … Read More
Millions of victims told about data theft
The victims of Germany’s biggest ever data theft were being informed on Monday if their email account had been hacked. Authorities said 18 million email account details were taken, affecting three million people in Germany. As reported last week, the … Read More
Cabinet approves national minimum wage
The German cabinet adopted on Wednesday draft legislation establishing a fixed national minimum wage of €8.50 an hour to be phased in from 2015 and fully in place from 2017, but there are exceptions. “It’s done,” a government source told … Read More
Germany ready to reinforce Nato-Russia borders
Germany has said its air force is ready to increase security on Nato’s border with Russia, despite Moscow’s promise not to escalate the crisis in Ukraine. A German defence ministry spokeswoman told the Reuters news agency on Sunday (30 March) … Read More
Germany has no alternative to Russia gas
Germany has no other sensible source of gas and oil other than Russia, the country’s energy minister, Sigmar Gabriel, stated yesterday. His statement came hours after Chancellor Angela Merkel said she foresaw an energy overhaul. Speaking at a debate on Europe’s … Read More
Law set to restrict Balkan asylum seekers
Germany is planning to restrict immigration from the Balkan states under a draft government bill. Asylum applicants could find their request turned down within a week under the new law. Asylum seekers coming from countries such as Albania, Bosnia and … Read More
German-Polish border checks to start again
Police in an eastern German state will reintroduce border controls between Poland and Germany due to rising crime rates, seven years after checks at crossings were scrapped. Poland joined the EU in 2004 and in 2007 controls at the border … Read More