Germany extends employment guarantee for PCK refinery Schwedt amid Russian oil transit halt Federal government extends employment guarantee for the PCK refinery Schwedt to the end of 2026 after Russia …
government
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Business
Housing shortage pushes German government into subsidy trap as nonprofits falter
by Leo MĂĽllerby Leo MĂĽllerGermany’s Housing Shortage: Why Subsidies and Non-Profit Status No Longer Solve the Crisis State-driven policies to expand affordable housing have trapped public budgets in permanent subsidies, complicating efforts to ease …
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Business
UniCredit launches bid for Commerzbank amid German government opposition
by Leo MĂĽllerby Leo MĂĽllerUnicredit takeover of Commerzbank ignites political clash and integration concerns Unicredit takeover of Commerzbank triggers political pushback and raises IT, cultural and shareholder challenges over Germany’s mid‑market banking future. The …
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Business
German tax revenue misses trillion mark as government plans massive new borrowing
by Leo MĂĽllerby Leo MĂĽllerGerman tax revenue expected to cross trillion mark later than forecast as growth stalls German tax revenue now expected to hit the trillion-euro milestone later than previously forecast, as weaker …
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Politics
Southwest CDU Approves Coalition Agreement with Greens for Baden-WĂĽrttemberg Government
by Hans Ottoby Hans OttoCDU Approves Coalition Agreement with Greens in Baden-WĂĽrttemberg Southwest CDU delegates approve a coalition pact with the Greens in Baden-WĂĽrttemberg, clearing the way for Cem Ă–zdemir to become the state’s …
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Business
Israel to supply Germany with jet fuel, German government confirms
by Leo MĂĽllerby Leo MĂĽllerIsrael to Supply Germany with Jet Fuel, Berlin Confirms Talks Germany confirmed on May 6, 2026 it is in talks with Israel to secure jet fuel deliveries to relieve pressure …
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Politics
Romania’s pro-European minority government toppled in parliamentary no confidence vote
by Hans Ottoby Hans OttoRomania no-confidence vote topples Bolojan government Romania no-confidence vote removes PM Ilie Bolojan after 281 of 464 MPs backed the motion, endangering EU funds, credit rating and prompting a new …
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Business
Germany’s Growth Stalls as Merz Government Fails to Lift Private Investment
by Leo MĂĽllerby Leo MĂĽllerGerman economic growth edges up 0.5% as state spending masks weak private investment German economic growth rose 0.5% in the winter half‑year, supported by government spending and early household consumption, …
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Business
German government moves to cap specialist doctors’ budgets despite 50,000 practices
by Leo MĂĽllerby Leo MĂĽllerGerman healthcare reform plan draws fire as government moves to cap doctors’ budgets German healthcare reform: proposal to cap physician budgets aims to cut rising costs but experts warn it …
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World
Sri Lanka Cricket Placed Under Government Control Pending Structural Reforms
by anna walterby anna walterGovernment Takes Administrative Control of Sri Lanka Cricket Amid Reform Drive Govt places Sri Lanka Cricket under the Ministry of Youth Affairs and Sports in a temporary takeover to implement …