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Germany

I got it wrong over spymaster, Merkel admits, after row resolved

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BERLIN Chancellor Angela Merkel admitted on Monday she had misjudged her response to allegations of far-right sympathies against Germany's spymaster, after resolving a row over his redeployment that threatened to pull her government apart.

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Deutsche Bank ordered to do more to prevent money laundering 24 Sep 2018

FRANKFURT Germany's financial watchdog has ordered Deutsche Bank to do more to prevent money laundering and "terrorist financing," and has appointed a third party to assess progress.

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Siemens to cut 2,900 German jobs as part of 500 million euro cost-saving plan 24 Sep 2018

FRANKFURT German engineering group Siemens on Monday said it would cut around 2,900 jobs in Germany as part of a restructuring plan to achieve 500 million euros (449.23 million pounds) in cost savings.

Lawmakers join German chorus of disapproval over 5G auction draft 24 Sep 2018

BERLIN German lawmakers questioned the proposed terms of a 5G mobile licence auction on Monday, adding to criticism of the network regulator by Germany's big-three mobile operators

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Germany on track for solid growth as business morale holds steady 24 Sep 2018

BERLIN Business morale held steady in Germany in September, propped up by consumer spending and construction, a survey showed, to leave the country on track for further growth even if a uncertain global economic outlook worsens.

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German coalition avoids split with solution to spymaster crisis 23 Sep 2018

BERLIN Chancellor Angela Merkel's ruling coalition resolved a dispute over Germany's scandal-tainted spymaster on Sunday, ending a crisis that had prompted concerns the six-month-old government could fall apart.

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Turkey's Erdogan seeks better economic, political ties with Germany 23 Sep 2018

ISTANBUL Turkish President Tayyip Erdogan said on Sunday he would work on improving political and economic ties with Germany during a visit to the country later this month.

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German coalition's future at stake as parties again try to resolve spymaster affair 22 Sep 2018

BERLIN The fate of Chancellor Angela Merkel's unwieldy six-month-old government hangs in the balance this weekend as the three coalition parties seek again to resolve their dispute over Germany's scandal-tainted spymaster.

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Merkel wants to defuse coalition crisis over spymaster this weekend 21 Sep 2018

BERLIN Chancellor Angela Merkel said on Friday the leaders of her coalition parties would try to find a solution this weekend to a row over Germany's scandal-tainted spymaster, seeking to defuse a problem that has plunged the government into crisis.

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Turkey not seeking economic aid from Berlin - German finance minister 21 Sep 2018

BERLIN Turkey did not seek economic aid from Germany during talks in Berlin on Friday and Turkish President Tayyip Erdogan will not ask for support when he meets Chancellor Angela Merkel next week either, German Finance Minister Olaf Scholz said.

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Iran, major powers labour to keep nuclear deal afloat

UNITED NATIONS The remaining parties to the Iran nuclear deal on Monday agreed to keep working to maintain trade with Tehran despite scepticism this is possible as U.S. sanctions to choke off Iranian oil sales resume in November.