Most stores shut, tight limits on social contacts, no singing in church and a ban on fireworks sales: Germany is ratcheting up its pandemic restrictions in an effort to cut Continue Reading
German Chancellor Angela Merkel is scheduled to discuss on Sunday a tightening of lockdown restrictions with state leaders as coronavirus infections rise and amid growing calls for action, sources familiar Continue Reading
Germany will have to shut down more parts of society before Christmas to try and get the coronavirus pandemic under control, ministers said on Friday, as Europe’s largest economy reported Continue Reading
The start of commercial operations on the new 1.4-GW NordLink cable linking Norway and Germany on Dec. 9 boosted hourly power prices in Norway’s NO2 zone to almost Eur100/MWh ($121/MWh), Continue Reading
Earlier this month, car giant Porsche announced that it was investing $24 million in the development of e-fuels to use in its sports cars. The news followed the company’s recent Continue Reading
Industrial production in Germany, Europe’s biggest economy, was up 3.2% in October compared with the previous month, according to official data released Monday. It was the second set of figures Continue Reading
Germany’s labor market shrugged off a worsening pandemic and new restrictions, with unemployment unexpectedly declining for a fifth month in November.A drop of 39,000 left the total number of jobless Continue Reading
European front-month power prices climbed in the week to Nov. 27 on a colder, calmer weather outlook, erasing losses sustained through November as mild and at times windy weather saw Continue Reading
Germany’s partial lockdown measures could be extended until early Spring if infections are not brought under control, Economy Minister Peter Altmaier said in a newspaper interview published on Saturday. Altmaier Continue Reading
Germany’s construction sector expects nominal sales to fall for the first time in more than a decade next year as companies in Europe’s largest economy are scaling back building activity Continue Reading
Germany’s gas demand, which is currently just above 90 billion cubic meters (Bcm) per year, is set to increase to more than 110 Bcm by 2034, but as future supplies Continue Reading
Unemployment is rising, and companies — particularly in services — are struggling to survive. Investor confidence in Germany’s economic recovery has been hit by the new business restrictions imposed because Continue Reading
Germany is looking at using ammonia and methanol as ways to deliver hydrogen as a clean-burning fuel for industry, part of its effort to make Europe’s biggest economy climate-neutral by Continue Reading
Several European countries are tightening restrictions this week, starting with a partial shutdown Monday in Germany, as authorities across the continent scramble to slow a rapid rise in coronavirus infections Continue Reading
Germany will impose an emergency month-long lockdown that includes the closure of restaurants, gyms and theatres to reverse a spike in coronavirus cases that risks overwhelming hospitals, Chancellor Angela Merkel Continue Reading
Representatives from the State of Hesse, RMV (Rhein-Main-Verkehrsverbund), Alstom and Infraserv broke ground for a hydrogen filling station on the site of the Höchst industrial park in Frankfurt that will Continue Reading
European stocks hit their lowest level in almost a month on Thursday, as a fall in German consumer morale, worries about soaring coronavirus cases and a U.S. stimulus impasse weighed Continue Reading
Germany’s economy is losing steam but will do slightly better than government forecasts as fears grow over rising coronavirus infections, according to the country’ s five leading research institutes. Gross domestic Continue Reading
German Chancellor Angela Merkel gives a media statement in Berlin on Oct. 9 after a video conference with mayors of 11 German cities concerning the spread of the coronavirus. BERLIN Continue Reading
Under overcast skies, a scythe-wielding man dressed as the Grim Reaper led hundreds of masked protesters out of the gates of one of Germany’s oldest manufacturing sites in the Bavarian Continue Reading
The governor of Bavaria, the state that’s home to German automakers BMW and Audi, has backed a deadline for phasing out gasoline-powered vehicles akin to the 2035 date proposed by Continue Reading
Hundreds of anti-coal activists staged protesters in and around a mine in western Germany on Saturday, demonstrating against the continued extraction and use of fossil fuels in Europe’s biggest economy. Continue Reading
German airline Lufthansa, already bailed out by the government, says it will have to make more staff cuts and mothball more jumbo jets than originally planned because the outlook for Continue Reading
Germany’s economic recovery from the coronavirus crisis has weakened but the revival is likely to continue in the rest of 2020, the Economy Ministry said on Monday. Europe’s largest economy, Continue Reading
Germany’s economic recovery slowed recently due to weaker demand in the autos sector and declining machinery output, according to a government report Monday. “The recovery in the German economy continues but Continue Reading
Poland is ready to offer Germany access to the 10 Bcm a year Baltic Pipe that will deliver gas from Norway if Berlin halts construction of the controversial Nord Stream Continue Reading
Chancellor Angela Merkel does not rule out the possibility of sanctioning a pipeline set to bring Russian gas to Germany in response to the suspected poisoning of a Kremlin critic Continue Reading
German manufacturers ramped up production for the third straight month, though the pace of growth slowed considerably in July. Industrial output rose 1.2%, less than forecast by economists. The increase was Continue Reading
Germany has raised the stakes further regarding its position on the almost complete Nord Stream 2 gas pipeline from Russia following the poisoning of Russian politician Alexei Navalny. Not registered? Continue Reading
German unemployment eased for a second month as the economy slowly recovered from the coronavirus pandemic. A drop of 9,000 in August left the total number of jobless people at 2.92 Continue Reading
Researchers at Germany’s Karlsruhe Institute of Technology have developed an environmentally friendly process to extract lithium from the salty thermal water reservoirs that are located in the Upper Rhine Trench. Continue Reading
The Ministry of Economic Affairs, Labor and Housing of the German state of Baden-Württemberg announced that it will finance a two-year project aimed at investigating how to best reclaim battery Continue Reading
German growth momentum slowed in August with activity in services grinding to a halt, highlighting the fragile state of the economy. A Purchasing Managers’ Index for services fell sharply after a Continue Reading
Germany’s economy is expected to expand strongly in the third quarter, but is set for a lengthy recovery process, according to a government report published on Friday. Gross domestic product will Continue Reading
FRANKFURT, Germany (AP) — German economy shrank 10.1% in second quarter from previous quarter amid coronavirus shutdowns. View full article at apnews.com
German businesses are growing increasingly optimistic that government support at home and an unprecedented euro-area fiscal plan will bolster demand and drive an economic recovery later this year. Expectations at companies Continue Reading
Germany took a step forward in its recovery from the coronavirus slump, with a key measure of activity showing growth for the first time in five months. IHS Markit’s composite Purchasing Continue Reading
The coronavirus crisis has put some 300,000 jobs at risk in Germany’s metal and electrical industry, a board member of trade union IG Metall said, adding that employees in the Continue Reading
Vattenfall AB took a massive hit on the value of a new German coal plant in yet another sign of how the fossil fuel is struggling in Europe. The Swedish Continue Reading
Volkswagen is rolling out its own charging service to coincide with the market launch of the ID. family. With We Charge, customers will be able to charge their electric vehicles Continue Reading
German exports rebounded less than expected in May as demand remained subdued despite the lifting of lockdown measures introduced to contain the spread of the coronavirus, data published on Thursday Continue Reading
German exports regained some ground in May, though the gain was far short of making up for big losses at the height of the coronavirus pandemic in Europe, official figures Continue Reading
Russian and German businesses have proposed an expansion of energy ties and the construction of a hydrogen production plant, the German-Russian Chamber of Commerce said July 7. Receive daily email Continue Reading
Around four-fifths of German firms with foreign exposure have experienced a collapse in revenues as a result of the coronavirus crisis, and 93% expect global economic conditions to improve only Continue Reading
For a country that prides itself on its clean, green image, Germany’s power sector is remarkably dirty. Despite having the third-largest installed base of wind and solar power after China and the Continue Reading
German factory orders rose less than expected in May even after authorities loosened the coronavirus lockdown, highlighting how difficult it will be to repair the pandemic’s damage. Orders rose 10.4% in Continue Reading
German lawmakers have finalized the country’s long-awaited phase-out of coal as an energy source , backing a plan that environmental groups say isn’t ambitious enough and free marketeers criticize as Continue Reading
Chancellor Angela Merkel’s cabinet signed off on plans to raise another 62.5 billion euros ($70 billion) in debt to finance the country’s largest stimulus program in recent history. The proposal has Continue Reading
Decarbonization and the energy transition used to be a topic for environmentalists and leftist politicians. Not so long ago photovoltaic cells and wind turbines were produced on a limited scale. Continue Reading
Germany’s economic output will fall further in the second quarter than in the first but the easing of coronavirus-related restrictions and leading indicators suggest the trough has been passed, the Continue Reading
