Germany stresses commitment to Ukraine aid despite budget cuts BERLIN: Chancellor Olaf Scholz insisted Monday that Germany would maintain support for Ukraine’s fight against... Published 19 Aug, 2024 11:31pm
World German cabinet agrees to expand tax relief to boost economy BERLIN: Germany’s cabinet agreed on Wednesday to increase tax relief for companies and households to almost 21... Published 24 Jul, 2024 11:01pm
World Germany needs an economic turnaround, says finance minister Lindner BERLIN: Germany needs an economic turnaround in order to secure its geopolitical position, German Finance Minister... Published 27 Apr, 2024 05:35pm
World G20 finance leaders still at odds over language on Gaza, Ukraine SAO PAULO: Finance leaders of the G20 major countries are still discussing how to describe the wars in Ukraine and... Published 01 Mar, 2024 02:59am
World G7 finance meeting marred by divisions over seizing Russian assets SAO PAULO: French Finance Minister Bruno Le Maire on Wednesday publicly challenged U.S. Treasury Secretary Janet... Published 28 Feb, 2024 10:57pm
World Germany moves to suspend debt brake for 2023 to fix budget turmoil BERLIN: German Finance Minister Christian Lindner will propose a supplementary budget for this year which includes... Published 24 Nov, 2023 05:29am
World European countries differ over windfall taxes on banks STOCKHOLM: Some European countries have imposed windfall taxes on banks’ profits to help fund their response to ... Published 20 Nov, 2023 06:28am
World Germany agrees 32bn euro tax cuts to give economy 'big boost' MESEBERG: Germany's coalition on Tuesday set aside weeks of squabbling to agree to a total of 32 billion euros... Published 29 Aug, 2023 11:20pm
World Inflation is a tough beast says German finance minister BERLIN: Inflation is a risk for financial stability and central banks must take this into consideration, German... Published 17 Apr, 2023 11:40pm
World EU debt reform proposals must be modified BERLIN: Changes to European Union debt rules proposed by the European Commission cannot be approved as they stand,... Published 14 Feb, 2023 03:18pm
World Germany’s finance minister sees 2023 inflation at 7% BERLIN: Germany’s finance minister expects inflation in Europe’s biggest economy to drop to 7% this year and to... Published 01 Jan, 2023 06:54pm
Markets German minister writes to Brussels over VAT exemption for gas levy BERLIN: German finance minister Christian Lindner has written to the European Commission seeking permission to waive... Published 15 Aug, 2022 05:41am
Business & Finance Germany plans 10bn euro inflation relief tax package BERLIN: Germany will offer tax relief worth 10 billion euros ($10.2 billion) to help workers cope with soaring... Published 11 Aug, 2022 04:35am
World No reserves in Germany’s federal budget, says finance minister BERLIN: Germany’s federal government has reached the limit of its fiscal capacity, its finance minister said, with... Published 11 Jun, 2022 10:59am
Print G7 mulling Russian asset seizures to help rebuild Ukraine BERLIN: Seizing Russian state assets to help finance the rebuilding of war-torn Ukraine remains a possibility, ... Published 21 May, 2022 04:34am
Business & Finance Germany warns against over-reliance on China trade FRANKFURT: German Finance Minister Christian Lindner voiced concern Wednesday over his country’s heavy reliance on... Published 07 Apr, 2022 05:15am
World Germany warns against over-reliance on China trade FRANKFURT: German Finance Minister Christian Lindner voiced concern Wednesday over his country’s heavy reliance on... Published 06 Apr, 2022 05:39pm
Markets Germany bets on tax relief, cheaper trains to combat energy crisis BERLIN: Germany’s government unveiled a slew of measures Thursday to ease the burden of soaring petrol and heating... Published 25 Mar, 2022 05:47am
World German minister wants to avoid lockdown as infections jump BERLIN: The German government does not want to impose another lockdown even as cases of COVID-19 jump again as the... Published 05 Jan, 2022 12:11pm
World Joachim Nagel tapped to head Germany’s Bundesbank FRANKFURT: The German government has nominated economist Joachim Nagel to take over as new president of the German... Published 21 Dec, 2021 04:14am
World German cabinet agrees 60-bn-euro climate investment plan FRANKFURT: The new German government approved a 60 billion euro ($68 billion) climate investment plan in a cabinet... Published 14 Dec, 2021 06:40am
Opinion Talks to succeed Merkel hit snags over climate, finance Efforts by German parties to form a new government to succeed Angela Merkel's coalition have run into hurdles,... Published 06 Nov, 2021 03:57am
KSE-100 closes above 97,000 for the first time as investors dismiss political noise, index gains 1,782 points