Russian Deputy Prime Minister Alexander Novak said today that state energy giant Gazrpom estimates that maintenance work on the Nord Stream 1 gas pipeline will be completed within three days. “These are technical issues. Gazprom said the outage will last three days. We make our assumptions based on this statement,” Novak told reporters when asked […]
Tag: Germany
Germany says it cannot rely on Russian gas supplies for the winter
Germany cannot rely on gas supplies from Russia’s Gazprom next winter once maintenance work on the Nord Stream 1 pipeline is completed this week, according to German Economy Minister Robert Habeck, Bloomberg reported. Gazprom has halted gas deliveries to Europe through its pipeline for three days, it said, starting on Wednesday, further cutting supplies as […]
Germany: Fuel prices skyrocket again
The three-month fuel tax cut in Germany ended yesterday. Fuel prices return to high levels: over 2 euros for unleaded and up to 2.30 for diesel. September starts with bad news for drivers in Germany. After three months of lower motor fuel prices, prices are back at high levels after a three-month fuel tax rebate […]
Poland: The country will ask for reparations of 1.3 trillion. euros from Germany for World War II
Poland estimates that the losses it suffered during World War II due to Germany amount to 6.2 trillion. zlotys (1.32 trillion US dollars, 1.3 trillion euros), the leader of the ruling nationalist party said today and said Warsaw would formally seek reparations. Poland’s biggest trading partner and also a member of the European Union and […]
Germany calls on China to ensure human rights in Xinjiang
Germany today called on China’s government to “immediately allow all residents of Xinjiang to fully exercise their human rights”, a day after the publication of a UN report on alleged abuses in the Chinese province against the Muslim minority of the Uighurs. The long-awaited report “confirms that there is cause for concern,” the German foreign […]
German and Eurozone manufacturing PMI data disappoint in August and remain in contraction territory
The German manufacturing PMI fell two tenths in August, falling to 49.1 points from the previous 49.3, placing it for the second consecutive month in contraction territory. In addition, the indicator disappointed market expectations, which expected an increase to 49.8 points. The August figure is the weakest seen in 26 monthsspecifically since June 2020. According […]
Die Zeit: German finance ministry officials suspected of spying for Russia
The German economy ministry has asked the German secret service (BfV) to investigate two high-ranking ministry officials over concerns about their possible ties to Russia, the weekly newspaper Die Zeit reported in a report today. Die Zeit, citing its own investigation, reports that economy ministry officials had approached the Federal Office for the Protection of […]
New ‘massive relief package’ in Germany
It was announced by Chancellor Soltz together with Minister of Finance Lindner and Minister of Economy and Energy Hambeck. Initial calculations speak of 30-40 billion euros. Wanting to send an image of unity and solidarity in the German government, which has long been marked by divergent tendencies and major disagreements in key areas related to […]
Germany: Huge, ‘precise and targeted’ relief package promised by Scholz
With a huge, “precise and targeted” relief package, the federal government intends to support citizens and businesses in the face of high energy prices, Chancellor Olaf Solz (SPD) said after two days of cabinet deliberations at Brandenburg’s Meseberg Castle. Mr. Soltz avoided giving details or a specific timetable for the announcement of the relief measures, […]
Fee for the monthly ticket of 9 Euros. What’s next?
A success model, a model for the mobility of the future or an expensive measure, difficult to finance in the long term? Curtain in Germany for the €9 travel card. It was an unprecedented and at the same time necessary measure to facilitate daily travel by public transport in Germany. The monthly unlimited travel card […]