Published: 22 Feb 12 08:18 CET | Print version
Online: http://www.thelocal.de/money/20120222-40893.html
Hundreds of thousands of Germans are likely going without power simply because they can’t afford the bills, according to a North Rhine-Westphalian consumer organisation studying the problem.
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German investor sentiment rose slightly in June, on firming hopes for a gradual recovery in Europe's biggest economy in the second half of the year, the ZEW economic institute said on Tuesday. READ () »
Commerzbank, Germany's second largest bank, looks set to shed 5,000 jobs, it emerged on Tuesday. The move is part of an attempt to recover from heavy losses incurred during the 2008-2009 financial crisis. READ () »
German tech giant Siemens has drawn a line under its foray into the solar power business and is closing down the division, business newspaper the Handelsblatt reported on Monday. READ () »
Motorists in Germany are throwing away millions of euros - by not cashing in the 'refund' ticket handed out by public toilet companies operating at autobahn stops. READ () »
Germany, Italy, France and Spain sent their economy and labour ministers to Rome on Friday to try to find ways to reduce the mass youth unemployment blighting the lives of millions across Europe. READ () »
A German amateur footballer who took part in a goal-shooting competition organized by an electronics retail chain, won thousands of euros worth of goods for himself, friends and even complete strangers - until the store banned him. READ () »
The German discount supermarket chain Lidl was under fire on Thursday for reportedly scattering rat poison on its produce shelves - without warning customers or reporting a rodent problem to the authorities. READ () »
Germany is confident the EU will find a "good solution" despite differences and hand the EU Commission a mandate to negotiate a landmark free-trade accord with the United States, a government source said on Friday. READ () »
German manufacturers and supermarkets are still ignoring a huge untapped market for halal goods and typical Turkish ingredients, even after five decades of Turkish immigration to the country. READ () »
British mobile phone giant Vodafone said on Wednesday it had made a preliminary approach to Kabel Deutschland over a possible offer for the firm, Germany's biggest cable operator. READ () »
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Or is that just what they tell us ?.
If true, then what will happen to the price of fossil fuel generated power when the nuke plants are shut off? The only reasonable source of fossil fuel is erde gas and we saw how GasProm slowed down during the cold snap inorder for them to meet their domestic needs.
Benzene is up to 1.62 a liter today,where is this going? people are going to need deep pockets to stay afloat.
2: @raandy 1.62 per Ltr for Benzin? where are you buying? in North Berlin this morning it was 168.9!!!
In Western world countries (such as Germany, UK, US etc), there are 14-20% of households which are in fuel poverty (they have to spend more than 10% of their household income on fuel to keep their home in a 'satisfactory' condition). Unexpected, isn't it?
It's the sun stupid!