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Sat, Jul

germany

  • Germany is one of the hardest-hit countries in the world, with more than 23,000 people who have tested positive, according to data from ....

    German Chancellor Angela Merkel has made the decision to self-quarantine in her home after having contact with a doctor who tested positive for the coronavirus, making her the latest world leader to take precautions after possible exposure to the rapidly spreading disease.

  • The largest German corporate rescue since the coronavirus crisis struck will see the government get a 20% stake, which could rise to 25% plus one share in the event of a takeover attempt, as it seeks to protect thousands of jobs.

    Germany threw Lufthansa a 9 billion euro ($9.8 billion) lifeline on Monday, agreeing a bailout which gives Berlin a veto in the event of a hostile bid for the airline.

  • Sunday's announcement by the party's leadership ends almost six months of uncertainty in German politics, the longest the country has been without a government in its post-war history.

    Members of Germany's Social Democrats (SPD) voted in favour of entering a coalition with Chancellor Angela Merkel's conservatives, German media reported on Sunday after a postal ballot.
    The decision clears the last major hurdle to the formation of a new government and a fourth term for Merkel.

  • The move sets in motion the process for the CDU to settle on and groom Merkel's successor. It caused the euro to fall briefly and German government bond yields rose.

    German Chancellor Angela Merkel said on Monday she would not seek re-election as party chairwoman and that her fourth term as chancellor would be her last, heralding the end of a 13-year era in which she has dominated European politics.

  • German Chancellor Angela Merkel secured a fourth consecutive term on Sunday after her Christian Democrats (CDU) and the allied Christian Social Union (CSU) won the largest parliamentary bloc with 32.5 percent of the vote, exit polls showed.

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