Category: Germany Market

Instantly update and podcast Germany Market News and Analysis from varies financial media and provide a sitemap with financial news summary & link to latest Germany Market News for the one who wanted to catch up Germany Market change in timely manner.

Germany slashes renewable energy tax

Deutsche Welle -

Germany’s electric grid operators on Friday announced a reduction of the renewable energy tax by over 40% to ease the burden on consumers coping with soaring energy prices that ar…

Economic institutes cut Germany’s growth forecast

Deutsche Welle -

A group of leading German economic institutes on Thursday slashed Germany’s GDP growth forecast to 2.4% this year, citing the coronavirus pandemic and problems with the global sup…

Turkish lira at new low amid central bank row

Deutsche Welle -

The Turkish lira dropped to a new low early Thursday after three central bankers were fired in an overnight decree signed by Turkish President Recep Tayyip Erdogan. The officials w…

Russia gas supply at maximum levels

Deutsche Welle -

New contracts will be needed for Russian energy company Gazprom to increase its natural gas deliveries to Europe, Russia’s Energy Minister Nikolai Shulginov said Wednesday. ‘Cont…

EU unveils toolbox against high energy prices

Deutsche Welle -

The intention is to give member states the ability to ensure energy prices are kept low without breaching strict competition rules. They want the bloc to coordinate gas purchases, …

NFL weighs German games for Europe expansion

Deutsche Welle -

New England Patriots fullback Jakob Johnson is German, as is defensive end David Bada of the Washington Football Team. Rather than revive NFL Europe, the league appears to first be…

Coal shortage causes power outages in India

Deutsche Welle -

India is facing an impending energy crisis as several states saw coal-fired power plants shut down due to a coal shortage. Major cities such as the capital New Delhi experienced el…

EU to unveil toolbox against high energy prices

Deutsche Welle -

They want the bloc to coordinate gas purchases, create joint gas storage and sever a link between the price of electricity and gas. Wholesale natural gas prices in Europe have more…

Deutsche Bank Faces €500M Lawsuit for FX Scandal

Finance Magnates -

Deutsche Bank is facing a massive €500 million lawsuit slapped by Spain’s seventh-largest hotel chain, Palladium Hotel Group, for alleged misselling of complex and risky foreig…

EU ‘green bonds’ get off to a record start

Deutsche Welle -

There was a scramble among investors for the European Commission’s inaugural issuance of so-called “green bonds” on Tuesday. “This marks the largest green bond order book ever …

Heavy-duty Volocopter drone in maiden voyage

Deutsche Welle -

German air taxi manufacturer Volocopter launched a self-developed heavy-duty drone in public for the first time on Tuesday at the ITS World Congress in Hamburg. In cooperation with…


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