https://feeds.thelocal.com/ Read the latest news and views from Germany in English en-us news@thelocal.com (TheLocal) webmaster@thelocal.com (TheLocal) TheLocal RSS Feed German Chancellor Angela Merkel scrambled Monday to replace Economy Minister Michael Glos after his shock resignation with Germany in recession and a general election only seven months away. https://www.thelocal.de/20090209/17307 Mon, 09 Feb 2009 12:30:00 +0100 17307 Germany's ruling coalition appeared in disarray on Saturday after Economy Minister Michael Glos offered to resign only to be stopped by his own party leader in the midst of a crippling recession. https://www.thelocal.de/20090207/17289 Sat, 07 Feb 2009 22:12:00 +0100 17289 Turkey is blackmailing the European Union over the proposed Nabucco gas pipeline, which would bypass Russia by bringing Caspian Sea gas to Europe, German Economy Minister Michael Glos said on Tuesday. https://www.thelocal.de/20090120/16893 Tue, 20 Jan 2009 15:31:00 +0100 16893 Germany's economy minister has called for diversifying the country's energy sources after the recent gas crisis in Europe, hinting Berlin should take another look at phasing out nuclear power. https://www.thelocal.de/20090119/16865 Mon, 19 Jan 2009 10:45:00 +0100 16865 The German economy is set to suffer its deepest recession since World War II, with growth in Europe’s biggest economy to slump by as much as 2.5 percent this year, Economy Minister Michael Glos has confirmed. https://www.thelocal.de/20090117/16833 Sat, 17 Jan 2009 10:53:00 +0100 16833 A minister from the Czech Republic, current holder of the EU presidency, will hold talks in Berlin with Gazprom's vice-president Tuesday on an escalating gas dispute between Russia and Ukraine, a diplomatic source said. https://www.thelocal.de/20090106/16563 Tue, 06 Jan 2009 15:22:00 +0100 16563 The German Economy Ministry said Wednesday it had set up a hotline for small- and medium-sized enterprises (SMEs) that are having problems with financing because of the international crisis. https://www.thelocal.de/20081029/15217 Wed, 29 Oct 2008 17:30:00 +0100 15217 German regional bank BayernLB on Tuesday evening became the first bank to apply for state aid under a rescue package thrown together to underpin the country's financial sector. https://www.thelocal.de/20081022/15061 Wed, 22 Oct 2008 12:30:00 +0200 15061 German Economy Minister Michael Glos on Monday called for investment bankers to follow the example of Deutsche Bank CEO Josef Ackermann by forgoing their bonuses this year in light of the global financial crisis. https://www.thelocal.de/20081021/15027 Tue, 21 Oct 2008 10:12:00 +0200 15027 The German government on Thursday slashed its growth forecast for 2009 – the world’s third largest economy is now only expected to expand by a meagre 0.2 percent next year. https://www.thelocal.de/20081016/14939 Thu, 16 Oct 2008 14:17:00 +0200 14939 The German government will have to “markedly revise downward” its economic growth forecast for 2009, due to the world financial crisis, Economy Minister Michael Glos said Saturday. https://www.thelocal.de/20080927/14565 Sat, 27 Sep 2008 17:11:00 +0200 14565 Iraqi Prime Minister Nuri al-Maliki and German bosses have a dinner date Tuesday following a visit this month by Economy Minister Michael Glos to Baghdad, signifying that German-Iraqi trade is back in business. https://www.thelocal.de/20080722/13221 Tue, 22 Jul 2008 16:58:00 +0200 13221 High level EU politicians have cautioned against panic after two days of turbulence on the financial markets. Jean-Claude Juncker, Prime Minister of Luxembourg and Euro group president said that while he is not ruling out the possibility of a recession in the US, he does not believe that the credit crisis will necessarily mean a slowdown for the Eurozone economy. He warned about exaggerated pessimism late Monday and said “In comparison to the US, the fundamental data in Europe is solid.” https://www.thelocal.de/20080122/10201 Tue, 22 Jan 2008 13:11:00 +0100 10201