New state programme to aid struggling companies

New state programme to aid struggling companies

German Economy Minister Karl-Theodor zu Guttenberg has announced a plan to create a €10 billion state fund to help companies in credit difficulties, news magazine Der Spiegel reported Saturday.

Bayern sign Real’s Robben

Bayern sign Real’s Robben

Bayern Munich announced on Friday they have completed the signing of Real Madrid winger Arjen Robben for a rumoured fee of €25 million.

Charity mud-games begin in Schleswig-Holstein

Charity mud-games begin in Schleswig-Holstein

The Wattolümpiade, Schleswig-Holstein's annual charity sports festival, begins on Saturday in the mudflats at the mouth of the river Elbe on the North Sea coast.

Merkel rules out raising sales tax

Merkel rules out raising sales tax

Chancellor Angela Merkel Saturday ruled out raising VAT, or sales tax, should her Christian Democrat party win next month's general election.

Qatar buys into VW

Qatar buys into VW

The Gulf state of Qatar has taken a 6.78-percent stake in Europe's biggest carmaker Volkswagen as part of a plan to take over around 17 percent of the company, Volkswagen said on Friday.

State elections may shock CDU

State elections may shock CDU

German Chancellor Angela Merkel's conservatives will likely take a hit in three state polls Sunday, but she still looks set to cruise to victory in next month's general election.