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German finance minister eyes new growth package -FAZ
  + stars: | 2022-12-27 | by ( ) www.reuters.com   time to read: +1 min
BERLIN, Dec 27 (Reuters) - German Finance Minister Christian Lindner has tasked his officials with preparing a growth package including lowering income and corporation tax, the Frankfurter Allgemeine Zeitung (FAZ) daily reported on Tuesday, citing an internal document. The document sets out what it describes as a "turning point in economic and financial policy" for Europe's biggest economy for the next two years, reported the newspaper. Arguing that Germany had fallen behind and that high energy prices, caused in part by Russia's invasion of Ukraine, had put German companies under pressure, the document said state money was not a solution in the long run. "We cannot counter this challenge in the long run with more state money and industrial policy subsidies," the FAZ quoted the document as saying. In concrete terms, reported the FAZ, the document set out the case for a general reduction in income and corporation tax and also contained proposals for the labour market and social security.
FRANKFURT, Dec 24 (Reuters) - The European Central Bank must be prepared to take the heat and raise interest rates further, including by more than the market expects, if that is needed to bring down inflation, ECB policymaker Isabel Schnabel said in an interview published on Saturday. The ECB raised rates for a fourth straight time last week and hinted at further hikes - jolting euro zone bond markets and triggering a backlash from the Italian government. "Whether we will still need to go higher than that will depend on the future inflation outlook," she told German newspaper Frankfurter Allgemeine Zeitung. She added that the ECB will focus on medium-term inflation expectations, rather than current readings, and saw little risk of raising borrowing costs too far at present given that real interest rates are still very low. Schnabel said the ECB should weather the pressure.
ECB's Schnabel sees little risk of overreacting to inflation
  + stars: | 2022-12-24 | by ( ) www.reuters.com   time to read: 1 min
FRANKFURT, Dec 24 (Reuters) - European Central Bank policymaker Isabel Schnabel sees little risk of raising borrowing costs too far at present given that interest rates are still very low after they are adjusted for inflation, she said in an interview published on Saturday. "The danger of overreacting continues to be limited, as real interest rates are still very low," Schnabel told German newspaper Frankfurter Allgemeine Zeitung. Reporting By Francesco Canepa; editing by Philippa FletcherOur Standards: The Thomson Reuters Trust Principles.
Companies Uniper SE FollowBERLIN, Dec 23 (Reuters) - Uniper (UN01.DE) Chief Executive Klaus-Dieter Maubach is sceptical that the embattled German utility will be able to repay billions of euros in state aid in full, according to the Frankfurter Allgemeine Sonntagszeitung newspaper. This would be "a very ambitious goal," Maubach told the paper in comments set to be published on Sunday. He said that since the beginning of December, daily losses have been close to 70 million euros ($74 million), with the last few days coming in slightly below that figure. Germany completed the nationalization of Uniper earlier this week after the European Commission approved a 34.5 billion euro recapitalisation plan and Uniper shareholders also gave the green light. ($1 = 0.9432 euros)Reporting by Anneli Palmen Writing by Miranda MurrayOur Standards: The Thomson Reuters Trust Principles.
But a new U.S. law offering hefty subsidies to local manufacturers of green technology has given the company pause for thought. That is roughly four times what the German government is offering, he said, with cheaper energy prices in the United States on top. The act introduces tax credits related to investment in green technology, plus tax breaks for consumers buying an electric vehicle or other green product made in North America. German carmakers and suppliers, for which the United States is a main export market, are among its biggest victims. "If we don't do anything, a lot will emerge in the United States," said Siemens Energy (ENR1n.DE) Chief Executive Christian Bruch.
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BERLIN, Nov 7 (Reuters) - Qatar's foreign minister has accused Germany of "double standards" over its criticism of the World Cup host's human rights record and has defended its summoning of the German ambassador, in a newspaper interview published on Monday. Qatar has faced intense criticism from human rights groups over its treatment of migrant workers, who along with other foreigners comprise the bulk of the country's population. Qatar's foreign ministry last month summoned the German ambassador over Interior Minister Nancy Faeser's comments that a country's human rights record should be factored into whether they are selected as World Cup host. "We are annoyed by the double standards," he said, adding that Qatar had faced a systematic campaign against it in the 12 years since being selected to host the World Cup that he said no other country had faced. Writing by Miranda Murray, editing by Rachel More and Gareth JonesOur Standards: The Thomson Reuters Trust Principles.
FILE PHOTO: Bundesbank president Joachim Nagel attends a dinner program at Grand Teton National Park where financial leaders from around the world are gathering for the Jackson Hole Economic Symposium outside Jackson, Wyoming, U.S., August 25, 2022. REUTERS/Jim UrquhartFRANKFURT (Reuters) - The European Central Bank has a long way to go before it is done with interest rate hikes and it should also start reducing its oversized holding of government debt at the start of next year, Bundesbank President Joachim Nagel told a German newspaper. “We should start shrinking our bond portfolio at the beginning of next year, for example by allowing existing bonds to expire in a market friendly way,” Frankfurter Allgemeine Zeitung quoted Nagel as saying on Tuesday in an interview. Nagel, asked about future rate hikes, also said: “There’s still a long way to go. “I am convinced that this is not the end of the rate hikes.”
BERLIN, Oct 28 (Reuters) - Authorities in Germany are investigating whether China maintains an illegal extraterritorial police station in Frankfurt, a spokesperson said, a week before Chancellor Olaf Scholz heads on an already contested visit to the economic giant. The Chinese embassy did not immediately respond to a request for comment. Confirming an earlier report in the Frankfurter Allgemeine newspaper, the spokesperson said they so far had no indications such facilities existed in Frankfurt. Dutch authorities on Wednesday said they were investigating Chinese offices that were operating illegally in the Netherlands, carrying out tasks like renewing driving licences. That followed allegations, denied by the Chinese embassy in The Hague, that the office had also harassed a Chinese dissident living in the Netherlands.
FRANKFURT, Oct 25 (Reuters) - Newly appointed Fresenius CEO Michael Sen said that the company's debt-financed growth strategy cannot continue, in an interview in Frankfurter Allgemeine Zeitung's Wednesday edition. But this model is no longer viable," Sen said, laying out his realignment of the firm following his appointment on Oct. 1. Regarding Elliott Investment Management's stake in the company announced last week, Sen said: "We have already been in contact with Elliott." Fresenius management will include the opinion of investors regarding the future of the company in its considerations, he said, adding that no banks had been mandated for the sale of its hospital operator Helios. Reporting by Emma-Victoria Farr, editing byOur Standards: The Thomson Reuters Trust Principles.
BERLIN, Oct 25 (Reuters) - National leaders, development experts and CEOs gather in Berlin on Tuesday for a conference on what its hosts say must be a "Marshall Plan" to rebuild Ukraine after Russia's invasion, now entering its ninth month. The conference, hosted by German Chancellor Olaf Scholz and the European Commission, will not involve concrete pledges of cash towards the estimated $750 billion reconstruction cost, a task the hosts compared in scale to the United States' Marshall Aid programme for rebuilding Europe after World War Two. While one should always be cautious with historical comparisons, this is no less than a Marshall Plan for the 21st century," they wrote. "Putin's war has welded our countries together," he told the forum. Register now for FREE unlimited access to Reuters.com RegisterReporting by Thomas Escritt Editing by Mark PotterOur Standards: The Thomson Reuters Trust Principles.
La acest sfârșit de iunie, editura Cartier a publicat o listă de cărți care vă pot fi curioase și cu siguranță, vă pot îmbogăți biblioteca proprie. Răgazul pe care pare că și-l acordă este al unui om care regândește continuu lumea pentru a o recompune ca sens. Preț: 5.99 USD„Internat este una dintre cele mai impresionante și mai grăitoare cărți despre războiul din Donbas. Preț: 5.99 USD„Jadan este un scriitor unic, apropiat de mase și, în același timp, îndrăgit de intelectuali. Preț: 5,99 USDUna dintre cele mai polemice cărți ale secolului XXI.
Persons: Arthur Suciu, Mircea Platon, Margareta, Dumitru, Crudu, El, Vasile, Johann Holtrop, Victor, Richard Kämmerlings, Julia Encke, Vladimir Beșleagă, Vasile Vasilache, Volodimir, Liza, Iuri Anduhovîci, Philippe Muray, Élisabeth Lévy Organizations: Cartier, WELT Locations: Rotonda, României, Donbas, Jadan, balaganul, Skovoroda, România, Republica Moldova
Генеральный секретарь Североатлантического альянса (НАТО) Йенс Столтенберг предложил Москве провести переговоры в рамках встречи Совета «Россия — НАТО» (СРН). «У нас есть много тем для обсуждения, которые отвечают общим интересам НАТО и России», — отметил он. По словам генсека, альянс предложил российской стороне организовать встречу более года назад, но все еще не получил положительного ответа. «Отношения НАТО и России сейчас достигли низшей точки, которой мы не знали со времен окончания холодной войны», — заявил генсек. Первого июня российский министр иностранных дел Сергей Лавров заявил, что Москва готова возобновить диалог с НАТО — восстановить совет «Россия — НАТО», при этом начаться контакт должен с военных.
Persons: Йенс Столтенберг, Столтенберг, Сергей Лавров Organizations: Североатлантический альянс (НАТО), Совет «Россия НАТО» (СРН), СРН, НАТО, Россия НАТО Locations: Москва, Россия
Президент Украины Владимир Зеленский заявил, что Киев хотел бы получить оборонительные виды вооружений от Германии. «Германия не оказывала нам военной помощи, но она могла бы это сделать», — заявил он в интервью изданию Frankfurter Allgemeine Zeitung, сообщает DW. «Габек понял это», — подчеркнул Зеленский, имея в виду сопредседателя партии Зеленых Роберта Габека, который после своего визита в Киев одобрительно высказался о возможных поставках вооружений в Украину. Официальный представитель правительства Германии Штеффен Зайберт, комментируя высказывания Габека, заявил, что ФРГ остается верна принципу запрета на поставки вооружения в регионы, где ведется война. Зайберт заявил, что решать конфликт на Донбассе необходимо исключительно политическим путем.
Persons: Владимир Зеленский, Зеленский, Роберт Габек, Штеффен Зайберт, Габек, Зайберт Organizations: Зеленых Locations: Украина, Киев, Германия, ФРГ, Донбасс
Partidul Angelei Merkel, Uniunea Creştin-Democrată (CDU, centru-dreapta) a fost depășită de Partidul Verzilor în sondajele de opinie şi ar putea pierde postul de cancelar, informează publicaţia Frankfurter Allgemeine Zeitung, citată de Mediafax. Uniunea Creştin-Democrată / Uniunea Creştin-Socială (CDU/CSU, centru-dreapta) are o susţinere electorală de 25%, iar Partidul Social-Democrat (SPD) este creditat cu 14%. Angela Merkel este criticată din cauza restricţiilor antiepidemice şi acordării de privilegii persoanelor vaccinate. Uniunea Creştin-Democrată/Uniunea Creştin-Socială a fost afectată şi de disputele privind candidatul la funcţia de cancelar. Angela Merkel a anunţat că nu va candida pentru postul de cancelar în scrutinul parlamentar din septembrie.
Persons: Angelei Merkel, Angela Merkel, Armin Laschet, Markus Söder Organizations: CDU, Partidul Verzilor, Zeitung, Mediafax, Partidul Social - Democrat ( SPD, Partidul, - Democrat, FDP, ZDF, ARD, CSU Locations: Germania, Uniunea, CSU, CDU / CSU
"Logica rămâne aceeaşi: segmentul de top promite cea mai bună marjă de profit", a spus şeful Daimler. EQS va fi primul model Mercedes produs pe o platformă dedicată exclusiv vehiculelor electrice, o piatră de hotar pentru grupul german, criticat pentru că a trecut prea lent la fabricarea maşinilor electrice. Va avea o autonomie de 770 de kilometri, depăşind alte modele electrice, susţine Kallenius. "Acest obiectiv s-ar putea realiza mai devreme, ţinând cont de ritmul dinamic înregistrat în prezent", a declarat şeful Daimler. Acest plan privind emisiile de carbon va fi realizat prin îmbunătăţirea semnificativă a eficienţei energetice, folosirea energiei eoliene, solare, a valurilor şi folosirea biogazului.
Persons: Mercedes EQS, EQS Organizations: Mercedes, Daimler Locations: Europa, România, Cugir
Маркус Зёдер отметил, что в Европе наблюдаются реальные проблемы с вакцинацией населенияПремьер Баварии Маркус Зёдер призвал Евросоюз как можно быстрее одобрить российскую вакцину от коронавируса "Спутник V", передает tass.ru. "Решение об одобрении "Спутника V" следует принять как можно скорее. Ранее премьер Баварии в интервью газете Frankfurter Allgemeine Zeitung призывал Евросоюз "свободнее мыслить" в вопросе допуска вакцин разных производителей в ЕС и выступил за выпуск российского препарата "Спутник V" в Германии. Вакцина "Спутник V" зарегистрирована в 55 странах с общим населением свыше 1,4 млрд человек, в том числе во входящих в ЕС Венгрии и Словакии, которые одобрили препарат в одностороннем порядке. Европейское агентство лекарственных средств (ЕМА) 4 марта сообщило о начале процедуры последовательной экспертизы вакцины "Спутник V".
Persons: Маркус Зедер, Зедер Organizations: населенияПремьер, Европейское агентство лекарственных средств (ЕМА) Locations: Европа, Бавария, Евросоюз, Спутник, ЕС, Германия, Венгрия, Словакия
Канцлер Германии Ангела Меркель продлила действия жестких ограничений по борьбе с распространением коронавируса до 18 апреля. Режим изоляции будет усилен в пасхальный период — с 1 по 5 апреля. Религиозные собрания на Пасху будут проводиться в режиме онлайн, передает lenta.ru. В феврале руководитель Междисциплинарной ассоциации интенсивной терапии и неотложной медицины Германии Гернот Маркс заявил, что пандемию коронавируса удастся взять под контроль осенью 2021 года. «Если сейчас получится в скором времени привить всех жителей, то, возможно, мы возьмем под контроль ситуацию с коронавирусом в конце третьего квартала 2021 года», — сказал немецкий специалист.
Persons: Ангела Меркель, Гернот Маркс Organizations: Frankfurter Rundschau, Междисциплинарной ассоциация интенсивной терапии и неотложной медицины Locations: Германия
в 1,07 трлн евро, а также плана восстановления экономики Европейского союза после пандемии в 750 млрд. Вместо традиционных двух дней европейские лидеры три дня не могли поделить новый многолетний бюджет Европейского союза. И вот, когда, казалось бы, со “скупой четверкой” удалось договориться, взбунтовались Польша и Венгрия. Такие страны, как Польша и Венгрия, должны испытывать финансовый голод”. “Польша и Венгрия показали, что и другие государства тоже могут идти по этому пути”, - отметил Рар.
Persons: Матеуш Моравецкий, Давид Сассоли, Катарина Барли, Виктор Орбан, Ласло Кевер, Ярослав Качиньский, Моравецкий, Йоханнес Хан, Вовторых, Антониу Кошта, Орбан, Александр Рар, Рар, Збигнев Зебро, Ксения Флоря Organizations: Солидарная Польша, Европарламент, Еврокомиссия, Право и справедливость, Совет Евросоюза, Европейская комиссия, Европейский совет, Бибиси, Европейский суд, ВЗГЛЯД Locations: Польша, Венгрия, Евросоюз, Варшава, Будапешт, ЕС, Европейский союз, Брюссель, СССР, Европа, Дания, Нидерланды, Австрия, Швеция, Испания, Италия, Еврокомиссия, Советский Союз, Европейский, Москва, Германия, Португалия, Берлин, Будапештом, Штутгарт, Франция, Восточная Европа
Психолог Томас Гилович и его коллеги из Корнелльского университета опросили участников эксперимента, какие покупки они делали в последнее время и какие чувства были с ними связаны. При этом они могли называть и предметы, и события. По результатам опроса, впечатления от танцевальных курсов, путешествий или концертов давали участникам больше счастья, чем материальные приобретения, сообщили ученые в Journal of Personality and Social Psychologies, - передает Frankfurter Rundschau. Кроме того, в ходе эксперимента участникам было предложено описать свою жизнь, включая значимые покупки, и участники чаще говорили о событиях и впечатлениях, а не о покупках. Психологи сделали из этого вывод, что события сильнее влияют на личность, чем материальные достижения.
Persons: Томас Гилович Organizations: Frankfurter Rundschau, Корнелльский университет
Pentru prima dată de la sfârșitul Războiului Rece, guvernul de la Berlin le-a cerut cetățenilor săi să fie pregătiți cu stocuri de alimente și apă în eventualitatea unor atacuri sau catastrofe, a anunțat ediția de duminică a Frankfurter Allgemeine Zeitung. Germania se află în alertă, după ce trei atacuri teroriste au avut loc luna trecută. De curând, Berlinul a anunțat că va spori cheltuielile în domeniul securității, creând o unitate specială pentru a combate criminalitatea cibernetică și terorismul. Publicația afirmă că o comisie parlamentară a cerut inițial ministerului să realizeze o strategie de apărare civilă în anul 2012. Un purtător de cuvânt al Ministerului de Interne a declarat că planul va fi discutat în ședința de guvern de miercuri, dar a refuzat să dea amănunte privind conținutul documentului.
Organizations: Zeitung, Interne Locations: Berlin, Germania, Berlinul
Total: 21