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☆ Flights cancelled in fresh round of strikes at German airports
▼ + stars: | 2023-03-17 | by ( ) www.reuters.com time to read: +1 min

[1/5] Workers strike, after German trade union Verdi called on workers at Frankfurt, Munich, Stuttgart, Hamburg, Dortmund, Hanover and Bremen airports to go on a 24-hour strike, in Frankfurt, Germany February 17, 2023. REUTERS/Heiko BeckerBERLIN, March 17 (Reuters) - Strikes at four German airports led to the cancellation of hundreds of flights on Friday in the latest bout of industrial action to disrupt travel plans in recent months. German union Verdi called on security and ground handling staff at airports in Duesseldorf, Cologne/Bonn, Stuttgart and Baden-Baden to strike over pay and working conditions. Cologne/Bonn Airport said that 144 flights were cancelled as a result, while Duesseldorf Airport said earlier in the week it was working on a "significantly reduced flight schedule". "No take-offs and landings are possible all day due to the Verdi strike," Stuttgart Airport said in a statement, calling on passengers not to travel to the airport.

[1/2] European Central Bank (ECB) President Christine Lagarde speaks during a news conference following the ECB's monetary policy meeting in Frankfurt, Germany March 16, 2023. Reuters Graphics Reuters GraphicsPresident Christine Lagarde noted it was impossible to determine the future rate path amid "completely elevated" uncertainty stemming from market ructions. "Given financial instability risks, there's growing uncertainty on future ECB actions beyond this pre-signalled rate hike," said Daniele Antonucci, chief economist and macro strategist at Quintet Private Bank. Piet Christiansen, chief analyst at Danske Bank, said he was sticking to a call for a 4% peak ECB rate. "Unless this turns into a macroeconomic crisis then we are ripe for a sell-off and a repricing of rate hike expectations," he said.

☆ More arrests expected in German coup plot in coming days, say authorities
▼ + stars: | 2022-12-08 | by ( ) www.reuters.com time to read: +2 min

[1/2] Police escorts a person after 25 suspected members and supporters of a far-right group were detained during raids across Germany, in Karlsruhe, Germany December 7, 2022. REUTERS/Heiko BeckerBERLIN, Dec 8 (Reuters) - German authorities expect further arrests and raids in the coming days in connection with a far-right group that prosecutors say were preparing a violent overthrow of the state to install a former member of a German royal family as national leader. "Based on my experience, there is usually a second wave of arrests," Georg Maier, the interior minister of the eastern German state of Thuringia, told broadcaster Deutschlandfunk on Thursday. Twenty-five members and supporters of the group were detained on Wednesday in raids involving some 3,000 security personnel that Maier described as unprecedented in modern German history. Reporting by Miranda Murray, editing by Kirsti Knolle and Toby ChopraOur Standards: The Thomson Reuters Trust Principles.

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