Germany

Moscow says North Korean leader Kim confirms Russia visit - Yonhap

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SEOUL - North Korean leader Kim Jong Un has confirmed he will attend celebrations in Russia in May marking the Soviet victory over Germany in World War Two, South Korea's Yonhap news agency said on Wednesday, citing a Kremlin spokesman.

In response to Ukraine crisis, Berlin to launch new think tank 27 Jan 2015

BERLIN - In a recognition that Germany needs to rethink its relations with Russia as a result of the crisis in Ukraine, the foreign ministry plans to invest millions of euros in a new institute devoted to the study of post-Soviet states.

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Germany says EU governments should not pay into investment fund 27 Jan 2015

BRUSSELS - European Union governments should not contribute directly to the bloc's 315 billion euro (233.89 billion pounds) investment fund, Germany's finance minister said on Tuesday, challenging Brussels' call to expand it as a way to relaunch growth.

SMA Solar to cut 1,600 jobs as European demand slides 27 Jan 2015

FRANKFURT - SMA Solar , Germany's biggest solar company, is to cut about 1,600 jobs, or about one-third of its workforce, as it expects no relief in the short-term from an industry-wide demand slump, sending its shares to a record low.

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Rock concert, rallies overwhelm Germany's anti-Islam group 26 Jan 2015

BERLIN - Germany's anti-Islam PEGIDA movement was overwhelmed by opponents of the far-right group at a rock concert for tolerance in Dresden on Monday and enormously popular counter-demonstrations in cities across the country.

SMA Solar to cut 1,600 jobs as European demand slides 26 Jan 2015

FRANKFURT - SMA Solar , Germany's biggest solar company, raised the number of jobs it plans to cut to about 1,600, or roughly one-third of its workforce, and said it would probably not return to profit this year as European demand slides further.

Germany hints at fresh Russia sanctions over Mariupol 26 Jan 2015

BERLIN - Germany's foreign minister hinted at further sanctions on Russia on Monday, saying the European Union would have to react if pro-Russian separatists launched a broad offensive on the east Ukrainian port city of Mariupol.

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Fines, reforms force Deutsche Bank to face tough strategy choices 25 Jan 2015

FRANKFURT - Deutsche Bank will remember Thursday, Jan. 8 as the start of “Duesselgate”, a nickname born not of wrongdoing, but from the shockwaves sent by a speech given in Germany's former industrial heart.

Germany stops arms exports to Saudi Arabia - media report 25 Jan 2015

BERLIN - Germany has decided to stop exporting arms to Saudi Arabia, the German newspaper Bild am Sonntag said on Sunday, citing government sources as saying the kingdom was "too unstable" for it to be receiving deliveries of weapons.

Volatile Libya resumes commercial flights to Europe 24 Jan 2015

TRIPOLI - Commercial flights from Libya to mainland Europe resumed after more than six months on Saturday with a Libyan carrier taking off to Germany, the airline said.

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Obama, Merkel want Russia held accountable for violence in Ukraine

BERLIN - U.S. President Barack Obama and German Chancellor Angela Merkel expressed their concern about Russia's role in rising violence in eastern Ukraine in a phone call late on Tuesday and agreed on the need for funds to stabilise the Ukrainian economy.