Michael Nienaber

Coronavirus pushes up German unemployment, short-time work

2:15pm IST

BERLIN The coronavirus pandemic further hit Germany's labour market in May as companies continued to slash thousands of jobs and put millions of employees on reduced working hours, data showed on Wednesday.

German coalition parties put off decision on coronavirus stimulus package

7:58am IST

BERLIN Parties in German Chancellor Angela Merkel's coalition wrestled on Tuesday over final details of a huge stimulus package to aid recovery from the COVID-19 pandemic, including whether cash incentives to buy new cars should exclude combustion engines. | Video

Germany extends social distancing rules until June 29

27 May 2020

BERLIN Germany's government and its state premiers have agreed to extend social distancing rules until June 29 to contain the coronavirus pandemic, a government spokesman said.

Germany stamps authority on Lufthansa with $9.8 billion lifeline

26 May 2020

FRANKFURT/BERLIN 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. | Video

France, Germany propose 500 billion euro EU Recovery Fund

19 May 2020

PARIS/BERLIN France and Germany proposed on Monday a 500 billion euro ($543 billion) Recovery Fund that would offer grants to European Union regions and sectors hit hardest by the coronavirus pandemic, pushing up the euro and bringing down Italian bond yields. | Video

Germany, Netherlands to step up power grid cooperation

19 May 2020

BERLIN Germany and the Netherlands signed an agreement on Tuesday to strengthen cooperation on electricity grids and look into different options, including Berlin taking a stake in Dutch state-owned power transmission grid operator TenneT.

German coalition parties clash over aid package for virus-hit municipalities

16 May 2020

BERLIN German Finance Minister Olaf Scholz has run into opposition from Chancellor Angela Merkel's conservatives over a plan worth 57 billion euros ($61.65 billion) to help municipalities cope with plunging tax revenues caused by the coronavirus crisis.

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