Soaring inflation within the eurozone intended the European Central Bank might soon need to deliver a cease to its long-status coverage of bad interest rates, the top of the German important bank said Friday. “It’s for sure that negative interest rates are a thing of the past,” Joachim Nagel said after a meeting of G7 … Read more
Germany’s finance minister on Friday ruled out any joint EU borrowing to help cover the massive cost of rebuilding war-torn Ukraine, After top European officials floated the idea, Christian Lindner, who presided over G7 talks in Germany that saw countries pledge nearly $20 billion (19 billion euros) in aid to Ukraine, said there would be no … Read more
The German government will recollect taking flight perks given to ex-chancellor Gerhard Schroeder because of his close ties to Russian President Vladimir Putin, Germany’s finance minister said Saturday. Schroeder, who’s a lobbyist for Russian gas, sparked sparkling outrage after he instructed the New York Times that he could only surrender his hyperlinks if Russia stopped … Read more
