There has never been a more unpopular German leader than Chancellor Friedrich Merz, according to a newly released poll that found just 16 percent of Germans approve of his performance in office.
Tag: Germany
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GERMAN, SPANISH INFLATION HIGHEST IN TWO YEARS
In March, inflation in Germany and Spain ticked up 0.1 of a percentage point, accelerating price increases to their fastest annual rate in two years.
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GERMANY SUMMONS RUSSIAN AMBASSADOR OVER ‘DIRECT THREATS’ AT BERLIN
Germany announced last week that it had summoned the Russian ambassador over what it considered as direct threats against the country from Moscow and the latest sign that the Ukraine War could escalate.
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GERMANY ANNOUNCES PLANS TO OVERHAUL MILITARY
Germany announced its military strategy last week for the coming decades, which was seen as Berlin’s most significant overhaul in decades, identifying Russia as its most dangerous adversary.
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GERMANY RAMPS UP WEAPONS PRODUCTION TO 24-HOURS A DAY, PREPARES FOR A WAR ECONOMY
The chairman of the German Armed Forces Association said last week that the country’s defense industry needs to ramp up production to 24 hours a day, seven days a week, to prepare for a war economy.
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GERMANY SAYS IT’S MOVING FORWARD WITH DEAL FOR NEW ROCKET SYSTEMS FROM ISRAEL
The German government announced last week that it is closing in on a deal to purchase about $5.4 billion of advanced rocket systems from Israel, which Haaretz said would advance Elbit Systems’ presence in the European market.
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GERMANY ACCUSED OF SPENDING TOO MUCH OF MILITARY BUDGET ON ANTIQUATED WEAPONS
Germany has announced that it will spend hundreds of billions of dollars to upgrade its military in what Berlin sees as a threat from Russia, compounded by an unreliable partner in the U.S., but critics say the spending is largely going to antiquated systems that benefit arms manufacturers at the expense of security.
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GERMANY LOST MORE THAN $1 TRILLION IN GDP OUTPUT SINCE COVID WAR, AS NEARLY 70 PERCENT OF GERMANS DISAPPROVE OF MERZ
Germany, Europe’s biggest economy, has lost more than $1 trillion over the last six years as a result of the COVID-19 War, the Ukraine War, and President Donald Trump’s tariffs against the country, according to data from the German Economic Institute.
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EUROPE’S INDUSTRIAL SECTOR WEAKENED AGAIN IN DECEMBER
The Eurozone’s industrial economy sank deeper into recession last month, according to the Hamburg Bank of Commerce’s purchasing managers index (PMI).
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PRIVATE GERMAN COMPANIES RUSH TO POSITION THEMSELVES TO BENEFIT FROM BERLIN’S MASSIVE MILITARY BUILDUP
There’s a rush inside Germany among companies and workers who want a piece of the action as Berlin committed itself to increasing military spending by more than $500 billion over the next 10 years and see the funds as a way to shake off the country’s struggling industrial economy.