Several moves in Germany spell good news for bitcoin adoption and investment. Via a new platform called wpNex offered by securities processing giant Deutsche WertpapierService Bank AG (dwpbank), some 1,200 German banks will be able to offer bitcoin to retail customers.
Tag: Germany
GERMANY’S ECONOMY CONTRACTS IN FOURTH QUARTER
Germany’s economic output shrank 0.2 percent in 2022’s final quarter, year over year, the national statistics office announced.
GERMAN FARM LANDS BEING SWALLOWED UP BY ZERO CARBON GOALS
Now EU climate agenda farm land shutdowns are coming for Germany.
ECONOMIC GROWTH SLOWING AMONG EUROPE’S LARGEST ECONOMIES
Germany’s economy expanded by a scant 0.3 percent during this year’s third quarter, besting both France and Spain, which each eked out a 0.2-percent expansion.
GERMAN FACTORIES HIKE PRICES BY ALMOST 50 PERCENT
Germany’s manufacturers jacked prices for their products 45.8 percent in September, year over year, continuing the string of increases made in recent months.
PROTESTS BREAK OUT IN GERMANY OVER ENERGY PRICES, WAR
Over the past week, German citizens, angered by soaring energy costs due to European sanctions against Russia, staged protests in several cities, calling attention to several issues ranging from the surge in energy prices, a refocus on green energy and an end to the Ukraine War.
U.S., GERMANY CALL FOR “FUNDAMENTAL REFORM” OF WORLD BANK
At the World Bank’s annual meeting last week, Germany and the U.S. presented a proposal calling for “a fundamental reform” of the institution.
GERMANY ON HIGH ALERT: NORD STREAM PIPELINE AND NOW RAILWAY SABOTAGE?
German rail lines were targeted by saboteurs who severed cables that are essential for the country's rail network system, raising new concerns about more incidents across Germany.
THOUSANDS OF GERMAN RETAILERS POISED TO GO OUT OF BUSINESS
More than 15,000 German stores face bankruptcy brought on by energy prices that have risen an average of 147 percent since the beginning of this year, the German Retail Association (HDE) said last week.
PRO-NAZI WAR HAWK UKRAINE AMBASSADOR’S SON DODGING DRAFT IN GERMANY
Andriy Melnyk, Ukraine’s ambassador to Berlin who is known for his tough-guy act, was embarrassed on social media by a German politician who noted that his 20-year-old son is avoiding military service in Ukraine because he is going to school in Germany.