Germany’s ongoing perpetual crisis has had a significant impact on its entire economy and, due to its large size, on the entire European region. The current state of Germany is a result of various problems, from bureaucratic red tape hindering businesses to a lack of demand recovery affecting the growth of its key industries. However, … Read more
Volkswagen (ETR:) is planning to close at least three factories in Germany, lay off tens of thousands of staff, and reduce the size of its remaining plants in Europe’s largest economy as part of a more extensive restructuring than initially anticipated, according to the carmaker’s works council head. The decision comes as Volkswagen aims to … Read more
French and German ambassadors to the UK have criticized Sir Keir Starmer’s proposal to impose VAT on private school fees, arguing that it could lead to the expulsion of many children from international schools and harm diplomatic relations with the UK. The ambassadors emphasized that fee-paying international schools, which receive funding from overseas governments, are … Read more
German Chancellor Olaf Scholz wrapped up his visit to India on Saturday after signing 27 new cooperation agreements with the South Asian nation. During his final events, he addressed students in the western state of Goa and paid tribute to German sailors who are currently sailing around the world. Accompanied by several cabinet ministers, Scholz … Read more
Getty Images UK Defence Secretary John Healey and his German counterpart Boris Pistorius in July The UK and Germany are set to sign a significant defence agreement to enhance security, investment, and job opportunities, according to the UK government. As part of the agreement, German defense company Rheinmetall will establish a new factory in the … Read more
LONDON (AP) — German submarine-hunting planes will patrol the North Atlantic from a base in Scotland under a new Britain-Germany defense pact in response to the growing threat from Russia, officials said. Defense ministers from Britain and Germany will sign the agreement in London on Wednesday in what officials call the first such defense pact … Read more