Greek PM promises ‘success’ in debt crisis

Greek PM promises ‘success’ in debt crisis

Greece promised to do its utmost on Tuesday to avert a financial meltdown in the eurozone while Germany told the United States to stop interfering by demanding Europe introduce more stimulus packages.

Court rejects Lehman investors’ claims

Court rejects Lehman investors’ claims

Germany’s top court on Tuesday dismissed claims by two German investors for damages for losses they made due to the bankrupt American investment firm Lehman Brothers. The verdict could set a precedent for other investors.

Schröder unveils plan to better protect kids

Schröder unveils plan to better protect kids

The German government is launching a new, aggressive effort to protect children and young people from abuse in families, schools and places of worship.

Government throws spanner in SPD/Green Berlin coalition talks

Government throws spanner in SPD/Green Berlin coalition talks

The German Transport Ministry said Tuesday that federal investment in Berlin’s controversial A100 motorway extension could not be moved to another project, hampering coalition negotiations between Mayor Klaus Wowereit and the Greens.

Germany’s triple-A rating under threat

Germany’s triple-A rating under threat

The credit ratings agency Standard & Poor’s warned Tuesday that Germany’s top rating could be downgraded if Chancellor Angela Merkel’s government decides to pour more money into the European bailout fund.

Germans have almost €25,000 of federal debt each

Germans have almost €25,000 of federal debt each

Germany's public debt amounts to €24,904 per citizen, the Federal Statistics Office in Wiesbaden reported on Tuesday.

Reopened embassy signals new era in German-Libyan relations

Reopened embassy signals new era in German-Libyan relations

Germany has reopened its embassy in Tripoli in what is being seen as a symbolic measure to signal the country’s desire to help rebuild Libya.

Authorities to keep tabs on Islamophobic scene

Authorities to keep tabs on Islamophobic scene

Germany's domestic intelligence agency the Verfassungsschutz is reportedly set to debate whether the country's Islamophobic scene represents a new form of extremism, and should be kept under surveillance.

Westerwelle repeats call for Mideast peace

Westerwelle repeats call for Mideast peace

Foreign Minister Guido Westerwelle reiterated Germany's opposition to the Palestinian statehood bid in a speech to the United Nations on Monday, and called on both sides to follow the Quartet timetable.

VW gets green light to acquire MAN

VW gets green light to acquire MAN

The EU's executive Commission on Monday approved Volkswagen's acquisition of truck maker MAN, which Germany's biggest automaker eventually plans to merge with Scania.