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Posts related to ‘Germany’

Alternative Energy sources

German Shift from Nuclear to Renewable Energy Gets Expensive

German Chancellor Angela Merkel is suggesting that renewable power producers pay more to support upgrades to the country’s electricity grid as Germany shuts down its nuclear energy generating plants in ...
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Germany

Germany Cuts 2013 GDP Forecast

For further evidence that the eurozone’s infatuation with austerity is not working, look no further than today’s announcement from Germany that the largest economy in Europe will post 2013 GDP ...
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Germany

German Chancellor Merkel Calls for Patience

In a new year's message, German Chancellor Angela Merkel has warned the country that its economic climate will be “more difficult” in 2013. Her warning seems to contradict that of ...
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Germans Don’t Love the Euro

In a recent poll by Germany’s Bertelsmann Foundation, some 65% of German believe they would be better off if the country had not adopted the euro. The same poll revealed ...
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German Bank Takes Stake in Airbus Parent EADS

German automaker Daimler plans to sell about half its 15% stake in European Aeronautic Defence & Space Co. (EADS) to German bank KfW Bankengruppen by the end of this year. ...
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Germany Bound for Depression — Soros

Investor George Soros laid it on the line in a speech today in Berlin: The policy of fiscal retrenchment in the midst of rising unemployment is pro-cyclical and pushing Europe ...
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German Factory Orders Tumble

Germany’s Economy Ministry reported this morning that factory orders for June fell by a seasonally adjusted 1.7%, double the expected decline of 0.8%. Compared with June 2011, orders fell by ...
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Merkel, Greece Showdown on Tap

German chancellor Angela Merkel has made it abundantly clear that Germany has no interest in renegotiating the austerity plan that the Eurozone agreed to with Greece. And while it may ...
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EU Threatens to Withhold Payment to Greece

Some Eurozone officials are reported to be considering delaying tomorrow’s scheduled €5.2 billion payment to Greece that is part of the €130 billion bailout package sealed by the EU, the ...
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First Solar Sinks to Another New Low (FSLR, SPWR, YGE)

Shares of First Solar Inc. (NASDAQ: FSLR) just can’t seem to find a bottom. The only thing to say about this is that maybe today’s the day. Yet the company’s ...
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German Economy Not So Hot

The Ifo Institute, a primary economics research outfit in Germany, this morning released its German Business Climate Index for March. Overall, the index rose, from 109.7 in February to 109.8 ...
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Germany Could Soften Solar Subsidy Cuts (TSL, YGE, LDK, JASO, STP)

The German government had been expected to cut the country’s solar PV subsidy by 15% in April, and by 2% a month thereafter. PV Magazine is reporting today that following ...
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The IMF vs. Germany

The deal to save Greece from default has come down to a battle of wills between Germany and the International Monetary Fund. It was always likely this would happen, but ...
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The Disappearing Greek Economy

The Greek economy has begun to disappear, or more appropriately, the process has begun to happen more quickly. Greece's 240 billion euro economy, about 2.5% of the euro zone, contracted ...
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A Festering Pessimism In US And Other Developed Nations

People in nations with the most developed economies are extremely pessimistic about the future financial health of their countries, according to a new poll by the global research firm Ipsos ...
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