Category: German Press

German FAZ: State implements rescue of Meyer Werft before Christmas008460

The federal and state governments are investing together with 400 million euros in equity and are temporarily taking over around 80 percent of the traditional shipyard from Papenburg. In addition, the public sector is securing bank loans worth 2.6 billion euros with guarantees. The owner family Meyer will hold around 20 percent in the coming… Continue reading German FAZ: State implements rescue of Meyer Werft before Christmas008460

German FAZ: Election programs without oomph008459

A good two months before the early federal election, the election campaign is gaining momentum. Just in time for the vote of confidence from Chancellor Olaf Scholz (SPD) in the Bundestag, the CDU/CSU, SPD and Greens have completed their election programs. Economic policy takes up a lot of space in each case. But leading economists… Continue reading German FAZ: Election programs without oomph008459

German FAZ: New era of Frontera008459

Opel is reviving the name Frontera for its youngest offspring. The newcomer is not a tough off-roader like its ancestor from the nineties, but a 4.39 meter long, front-wheel drive compact SUV that will be positioned between the Mokka and Grandland from March next year. As the first representative of the new Stellantis smart car… Continue reading German FAZ: New era of Frontera008459

German FAZ: Elon Musk on the line008459

I recently met Klaus Zellmer (57), the boss of the Czech car manufacturer Škoda. At the Dillmann-Gymnasium, my old school in Stuttgart, I was supposed to talk to him about the (sad) situation of the German automobile industry (especially in the Stuttgart area), about the (worrying) situation of the German economy and about why it… Continue reading German FAZ: Elon Musk on the line008459

German FAZ: Elon Musk on the line008460

I recently met Klaus Zellmer (57), the boss of the Czech car manufacturer Škoda. At the Dillmann-Gymnasium, my old school in Stuttgart, I was supposed to talk to him about the (sad) situation of the German automobile industry (especially in the Stuttgart area), about the (worrying) situation of the German economy and about why it… Continue reading German FAZ: Elon Musk on the line008460

German FAZ: Freedom is celebrated in “Sugar Man”008459

The streets of Damascus are plunged into darkness, there are hardly any cars on the road. The regime collapsed just a few days ago, and many in the Syrian capital are unsettled. But in “Sugar Man” the light is on. “Something big is going to happen here,” a guest from the neighborhood predicted. The scenes… Continue reading German FAZ: Freedom is celebrated in “Sugar Man”008459

German FAZ: Kaeser wants to relax bonus ban at Siemens Energy008452

Siemens Energy is an exception: Not only because the energy technology group’s shares are by far the top winners on the German stock market this year with a price increase of almost 330 percent and have beaten the leading index Dax by more than 300 percentage points. Another exception is that the board around chairman… Continue reading German FAZ: Kaeser wants to relax bonus ban at Siemens Energy008452

German FAZ: State implements rescue of Meyer Werft before Christmas008451

The federal and state governments are investing together with 400 million euros in equity and are temporarily taking over around 80 percent of the traditional shipyard from Papenburg. In addition, the public sector is securing bank loans worth 2.6 billion euros with guarantees. The owner family Meyer will hold around 20 percent in the coming… Continue reading German FAZ: State implements rescue of Meyer Werft before Christmas008451

German FAZ: Election programs without oomph008450

A good two months before the early federal election, the election campaign is gaining momentum. Just in time for the vote of confidence from Chancellor Olaf Scholz (SPD) in the Bundestag, the CDU/CSU, SPD and Greens have completed their election programs. Economic policy takes up a lot of space in each case. But leading economists… Continue reading German FAZ: Election programs without oomph008450