In a landmark ruling Germany's constitutional court has said that the government can cut off Public Funding to a radical right-wing party aimed to eliminate the country's democratic system while adding that the right-wing party has a racist attitude.

Germany rules to cut far-right party funding, is AfD party next?

Elon Musk on Monday (Jan 22) visited the Auschwitz-Birkenau site of a former Nazi German concentration camp, the European Jewish Association (EJA) announced. The private visit comes after recent criticism over endorsing an anti-Jewish conspiracy theory on his social media platform X. He later apologised also.

Elon Musk pays private visit to Auschwitz, speaks on antisemitism

Thousands of Germans take to the streets to protest against the rise of the far-right alternative for Germany party, fearing a return to the Nazi era. Watch to know more!

Germany rallies against rise of far-right

Protests against the far-right AfD party in Germany drew more than 100,000 protesters across the country on Sunday (January 21). The people were furious that the party members met extremists and discussed mass deportation plans. In Frankfurt alone 35,000 protesters responded to the call "Defend democracy – Frankfurt against the AfD"

The northern city of Hanover saw similar turnout and protesters were seen with posters that read 'Nazis out'.

Protests were also held in cities like Kassel, Erfurt, Braunschweig and even in smaller towns.

Calls for protests were given in over 100 locations in Germany. An appeal has also been made for a protest in Berlin.

AfD party has faced widespread criticism with politicians, religious leaders and even some Bundesliga coaches appealing people to protest against it.

For past week, there has been a mobilisation for protests against AfD, after it was revealed that members of the party attended meetings with neo-Nazis and other extremists. They reported discussed mass deportation of migrants, those seeking asylum and even of German citizens of foreign origin who were deemed to have failed in integration with the German society.

The meeting took place in the German city of Potsdam. It was also attended by Martin Sellner who supports the “great replacement” conspiracy theory. This conspiracy theory claims that there was a plot by migrants who are non-white to replace 'native' white population of Europe.

Sellner is leader of Austria’s Identitarian Movement which subscribes to the conspiracy theory.

German Chacellor Olaf Scholz himself attended a demonstration against the far-right on last weekend and underlined that plans to expel immigrants as well as citizens was and attack on democracy "and in turn, on all of us”.

He made an appeal to everyone to stand by democratic values of Germany.

The protests held by German people have been welcomed by opposition parties as well.

(With inputs from agencies)

Protests against the far-right AfD party in Germany drew more than 100,000 protesters across the country on Sunday (January 21). The people were furious that the party members met extremists and discussed mass deportation plans.

Protests against the far-right AfD party in Germany drew more than 100,000 protesters across the country on Sunday (January 21). The people were furious that the party members met extremists and discussed mass deportation plans. In Frankfurt alone 35,000 protesters responded to the call "Defend democracy – Frankfurt against the AfD" The northern city of Hanover saw similar turnout and protesters were seen with posters that read 'Nazis out'. Protests were also held in cities like Kassel, Erfurt, Braunschweig and even in smaller towns. Calls for protests were given in over 100 locations in Germany. An appeal has also been made for a protest in Berlin. AfD party has faced widespread criticism with politicians, religious leaders and even some Bundesliga coaches appealing people to protest against it. For past week, there has been a mobilisation for protests against AfD, after it was revealed that members of the party attended meetings with neo-Nazis and other extremists. They reported discussed mass deportation of migrants, those seeking asylum and even of German citizens of foreign origin who were deemed to have failed in integration with the German society. The meeting took place in the German city of Potsdam. It was also attended by Martin Sellner who supports the “great replacement” conspiracy theory. This conspiracy theory claims that there was a plot by migrants who are non-white to replace 'native' white population of Europe. Sellner is leader of Austria’s Identitarian Movement which subscribes to the conspiracy theory. German Chacellor Olaf Scholz himself attended a demonstration against the far-right on last weekend and underlined that plans to expel immigrants as well as citizens was and attack on democracy "and in turn, on all of us”. He made an appeal to everyone to stand by democratic values of Germany. The protests held by German people have been welcomed by opposition parties as well. (With inputs from agencies)

Germany: Protests against far-right draw tens of thousands

In pics | Around 300,000 Germans march against the right wing AfD party over its anti-immigration agenda

A report by the German investigative outlet Correctiv has caused outrage in Germany. The report claims that there is a "secret" plan to repatriate migrants, including naturalized German citizens. The report has drawn historical parallels to similar plans made by the Nazis, causing a storm in a country that remains deeply scarred by its past.

Germans protest against far right party

On Wednesday, severe snow and freezing rain caused substantial disruptions at airports in Frankfurt and Oslo as well as the suspension of transportation in some areas of Scandinavia.

Heavy snowfall and rain cause flight, train cancellations across Germany

In a global race for economic security, the top ten nations are stockpiling massive gold reserves. The United States leads with over 8,000 tonnes, followed by Germany, Italy, and France. Even India, ranking ninth, surpasses wealthy West Asian nations. These gold reserves, crucial for national stability, serve as a financial safeguard, bolstering currencies and providing a hedge against economic uncertainties. As geopolitical tensions rise, these shimmering reserves highlight their timeless role in national economic strategies.

Gravitas | Top 10 countries with the largest gold reserves: The global gold race

German remote-driving startup Vay said on Wednesday it had launched its first commercial service in Las Vegas where a "Teledriver", or remote driver, delivers electric short-term rental cars to customers then collects them after the rental.

German startup Vay rolls out car service with 'Teledriver' in Las Vegas

Protests against the far-right Alternative for Germany party are gaining momentum in the wake of a report that two senior party members joined&nbsp;a meeting&nbsp;to discuss plans for the mass deportation of citizens of foreign origin.

While the party has long railed against immigrants, the proposals for "unassimilated citizens" to be deported to "a model state in north Africa", reported by outlet Correctiv, have struck a nerve in Germany. Some have compared them to the Nazis' initial plan to deport European Jews to Madagascar.

"The line has long since been crossed," protester Stephan Kalsh said at a demonstration in Cologne on Tuesday evening, where many protesters called for the party to be banned.

It was the latest in a wave of protests around the country that have attracted tens of thousands since the story broke last week. Some have been attended by high-ranking officials like Chancellor Olaf Scholz and Foreign Minister Annalena Baerbock.

The AfD, which is polling second in nationwide surveys, has denied the plans are party policy. Co-leader Alice Weidel parted ways with one of her advisers who participated in the talks.

Still, Germany's domestic spy chief Thomas Haldenwang has warned of extremist movements within the AfD, which is under security surveillance.

The reports of the plans have drawn widespread condemnation from political and security leaders. Scholz has urged democrats to stand against far-right&nbsp;"fanatics"&nbsp;while Haldenwang called for the "silent majority" to wake up.

"I am grateful that tens of thousands of people are taking to the streets across Germany these days against racism, hate speech and in favour of our liberal democracy," Scholz said on social media platform X on Wednesday.

"We democrats are many - many more than those who want to divide," he added.

Images of thousands of citizens braving sub-zero temperatures and snow to protest against the AfD in cities nationwide suggest they may just be.

"Nazis, no thank you", "It feels like 1933, AfD ban now!" and "Investigate banning AfD" read banners at a protest in Berlin last Friday.

Other protests have been scheduled for later on Wednesday in Berlin and on Friday in Hamburg.

Also watch |&nbsp;Gravitas: Putin planning World War 3? Leaked documents from German MoD reveal NATO's worst nightmare

<div class="videoWrapper trancodeVideo"><iframe allowfullscreen="" autoplay="1" class="includeVideo" frameborder="0" height="350" src="https://www.wionews.com/videos/gravitas-putin-planning-world-war-3-leaked-documents-from-german-mod-reveal-natos-worst-nightmare-680623/embed" style="width:100%;max-width:560px;" width="560"></iframe></div>

<h2 data-testid="Heading">Elections loom in east Germany</h2>

Weidel on Tuesday attacked what she called the use of the Correctiv report to misrepresent the AfD. She said the party aimed to exhaust all legal means to prevent illegal migration, restrict nationalizations and deport migrants suspected of terrorism.

"Whoever has German citizenship belongs without question and without doubt to the German nation," Weidel told a news conference. "And that´s precisely why the German citizenship may not be sold off cheap and distributed with a watering can."

The party has shifted more into focus this year ahead of the European Parliamentary elections and three state elections in eastern Germany in September where it is polling in first place. This is expected to make it much harder for mainstream parties, which have ruled out working with the AfD, to form workable governments.

Support for the 11-year-old AfD&nbsp;has&nbsp;soared over the past year as it has capitalized on discontent with the ruling coalition's handling of a multitude of crises, from the Ukraine war and inflation to public services overwhelmed by immigration.

Public infighting has made Scholz's government one of the least popular in modern German history.

There is no evidence yet of the Correctiv report damaging support for the AfD, which remained steady in polls released this week.

Political analysts say the strength of the AfD has already influenced the political debate, contributing to&nbsp;tougher policy&nbsp;and rhetoric on irregular migration.

Politicians this week discussed the possibility of calling on the constitutional court to ban the AfD although most concurred it risked backfiring. The hurdles to a ban are high and the party could stand to win from portraying itself as a victim of the establishment.

Protests against the far-right Alternative for Germany party are gaining momentum in the wake of a report that two senior party members joined a meeting to discuss plans for the mass deportation of citizens of foreign origin.

Protests against the far-right Alternative for Germany party are gaining momentum in the wake of a report that two senior party members joined a meeting to discuss plans for the mass deportation of citizens of foreign origin. While the party has long railed against immigrants, the proposals for "unassimilated citizens" to be deported to "a model state in north Africa", reported by outlet Correctiv, have struck a nerve in Germany. Some have compared them to the Nazis' initial plan to deport European Jews to Madagascar. "The line has long since been crossed," protester Stephan Kalsh said at a demonstration in Cologne on Tuesday evening, where many protesters called for the party to be banned. It was the latest in a wave of protests around the country that have attracted tens of thousands since the story broke last week. Some have been attended by high-ranking officials like Chancellor Olaf Scholz and Foreign Minister Annalena Baerbock. The AfD, which is polling second in nationwide surveys, has denied the plans are party policy. Co-leader Alice Weidel parted ways with one of her advisers who participated in the talks. Still, Germany's domestic spy chief Thomas Haldenwang has warned of extremist movements within the AfD, which is under security surveillance. The reports of the plans have drawn widespread condemnation from political and security leaders. Scholz has urged democrats to stand against far-right "fanatics" while Haldenwang called for the "silent majority" to wake up. "I am grateful that tens of thousands of people are taking to the streets across Germany these days against racism, hate speech and in favour of our liberal democracy," Scholz said on social media platform X on Wednesday. "We democrats are many - many more than those who want to divide," he added. Images of thousands of citizens braving sub-zero temperatures and snow to protest against the AfD in cities nationwide suggest they may just be. "Nazis, no thank you", "It feels like 1933, AfD ban now!" and "Investigate banning AfD" read banners at a protest in Berlin last Friday. Other protests have been scheduled for later on Wednesday in Berlin and on Friday in Hamburg. Also watch | Gravitas: Putin planning World War 3? Leaked documents from German MoD reveal NATO's worst nightmare Elections loom in east Germany Weidel on Tuesday attacked what she called the use of the Correctiv report to misrepresent the AfD. She said the party aimed to exhaust all legal means to prevent illegal migration, restrict nationalizations and deport migrants suspected of terrorism. "Whoever has German citizenship belongs without question and without doubt to the German nation," Weidel told a news conference. "And that´s precisely why the German citizenship may not be sold off cheap and distributed with a watering can." The party has shifted more into focus this year ahead of the European Parliamentary elections and three state elections in eastern Germany in September where it is polling in first place. This is expected to make it much harder for mainstream parties, which have ruled out working with the AfD, to form workable governments. Support for the 11-year-old AfD has soared over the past year as it has capitalized on discontent with the ruling coalition's handling of a multitude of crises, from the Ukraine war and inflation to public services overwhelmed by immigration. Public infighting has made Scholz's government one of the least popular in modern German history. There is no evidence yet of the Correctiv report damaging support for the AfD, which remained steady in polls released this week. Political analysts say the strength of the AfD has already influenced the political debate, contributing to tougher policy and rhetoric on irregular migration. Politicians this week discussed the possibility of calling on the constitutional court to ban the AfD although most concurred it risked backfiring. The hurdles to a ban are high and the party could stand to win from portraying itself as a victim of the establishment.

Germans protest nationwide after far-right meeting on deportation plan

The German economy shrank slightly in 2023, official data showed Monday, as costly energy, high interest rates and cooling foreign demand took their toll on Europe's export giant.

Output contracted by 0.3 per cent year-on-year, federal statistics agency Destatis said in preliminary figures.&nbsp;

"Overall economic development faltered in&nbsp;Germany&nbsp;in 2023 in an environment that continues to be marked by multiple crises,"&nbsp;the agency's Ruth Brand told a Berlin press conference.&nbsp;

Europe's largest economy likely saw a 0.3-per cent drop in gross domestic output in the final quarter of the year, the agency calculated, again in preliminary figures.&nbsp;

It also revised the data for the third quarter from a 0.1-per cent contraction to a stagnation, meaning&nbsp;Germany&nbsp;avoided a year-end technical recession of two successive quarters of negative growth.&nbsp;

The German economy has faced severe headwinds since Russia's war in Ukraine sent inflation, particularly the cost of energy&nbsp;soaring.&nbsp;

The price spikes contributed to a steep downturn in&nbsp;Germany's energy-hungry manufacturing sector, while the construction sector also took a hit.

Increasing competition from China, once a reliable destination for "made in&nbsp;Germany" goods, as well as aggressive eurozone rate hikes to tame inflation further added to&nbsp;Germany's woes.&nbsp;

The limp economic performance was widely expected, with the International Monetary Fund predicting that&nbsp;Germany&nbsp;would be the only major advanced economy not to grow in 2023.&nbsp;

If confirmed in the final figures, the 2023 contraction makes it&nbsp;Germany's weakest year since the coronavirus pandemic battered the economy in 2020.

"Despite recent price declines, prices remained high at all stages in the economic process and put a damper on economic growth" in 2023, said Brand.&nbsp;

"Unfavourable financing conditions due to rising interest rates and weaker domestic and foreign demand also took their toll."

Uncertain outlook&nbsp;

A modest recovery is expected to get under way in 2024, with&nbsp;Germany's Bundesbank central bank recently forecasting growth of 0.4 per cent.

"We see a silver lining for the economy in 2024," said KfW chief economist Fritzi Koehler-Geib.

"Thanks to strong real wage growth, private consumption in particular is likely to pick up again. Together with an expected recovery in export demand, gross domestic product is likely to grow," she added.

But ING bank economist Carsten Brzeski was less optimistic, pointing to fresh uncertainty stemming from the German government's recent budget upset and shipping delays in the Suez Canal as a result of conflict in the Middle East.&nbsp;

"Looking ahead, at least in the first months of 2024, many of the recent drags on growth will still be around and will, in some cases, have an even stronger impact than in 2023," Brzeski said.

He predicted that gross domestic product would shrink again this year, in what would "be the first time since the early 2000s that&nbsp;Germany&nbsp;has gone through a two-year recession, even though it could prove to be a shallow one".

Concerns about slowing exports and the slump in the crucial manufacturing sector, coupled with a chronic shortage of skilled labourers, have begun to raise fears of a "deindustrialisation" in&nbsp;Germany.

Chancellor Olaf Scholz's government, whose popularity has been sliding in the polls, has sought to counter those concerns with pledges to invest heavily in the transition to green energy and in modernising infrastructure.

But a shock court ruling at the end of last year blew a multi-billion-euro hole in the government's budget, upending its spending plans and leaving Scholz and his coalition partners scrambling to find savings.

Anger over Berlin's proposal to cut some subsidies for agriculture prompted farmers to stage tractor blockades across the country last week, culminating in a major demonstration in Berlin on Monday.

The German economy shrank slightly in 2023, official data showed Monday, as costly energy, high interest rates and cooling foreign demand took their toll on Europe's export giant.

The German economy shrank slightly in 2023, official data showed Monday, as costly energy, high interest rates and cooling foreign demand took their toll on Europe's export giant. Output contracted by 0.3 per cent year-on-year, federal statistics agency Destatis said in preliminary figures. "Overall economic development faltered in Germany in 2023 in an environment that continues to be marked by multiple crises," the agency's Ruth Brand told a Berlin press conference. Europe's largest economy likely saw a 0.3-per cent drop in gross domestic output in the final quarter of the year, the agency calculated, again in preliminary figures. It also revised the data for the third quarter from a 0.1-per cent contraction to a stagnation, meaning Germany avoided a year-end technical recession of two successive quarters of negative growth. The German economy has faced severe headwinds since Russia's war in Ukraine sent inflation, particularly the cost of energy soaring. The price spikes contributed to a steep downturn in Germany's energy-hungry manufacturing sector, while the construction sector also took a hit. Increasing competition from China, once a reliable destination for "made in Germany" goods, as well as aggressive eurozone rate hikes to tame inflation further added to Germany's woes. The limp economic performance was widely expected, with the International Monetary Fund predicting that Germany would be the only major advanced economy not to grow in 2023. If confirmed in the final figures, the 2023 contraction makes it Germany's weakest year since the coronavirus pandemic battered the economy in 2020. "Despite recent price declines, prices remained high at all stages in the economic process and put a damper on economic growth" in 2023, said Brand. "Unfavourable financing conditions due to rising interest rates and weaker domestic and foreign demand also took their toll." Uncertain outlook A modest recovery is expected to get under way in 2024, with Germany's Bundesbank central bank recently forecasting growth of 0.4 per cent. "We see a silver lining for the economy in 2024," said KfW chief economist Fritzi Koehler-Geib. "Thanks to strong real wage growth, private consumption in particular is likely to pick up again. Together with an expected recovery in export demand, gross domestic product is likely to grow," she added. But ING bank economist Carsten Brzeski was less optimistic, pointing to fresh uncertainty stemming from the German government's recent budget upset and shipping delays in the Suez Canal as a result of conflict in the Middle East. "Looking ahead, at least in the first months of 2024, many of the recent drags on growth will still be around and will, in some cases, have an even stronger impact than in 2023," Brzeski said. He predicted that gross domestic product would shrink again this year, in what would "be the first time since the early 2000s that Germany has gone through a two-year recession, even though it could prove to be a shallow one". Concerns about slowing exports and the slump in the crucial manufacturing sector, coupled with a chronic shortage of skilled labourers, have begun to raise fears of a "deindustrialisation" in Germany. Chancellor Olaf Scholz's government, whose popularity has been sliding in the polls, has sought to counter those concerns with pledges to invest heavily in the transition to green energy and in modernising infrastructure. But a shock court ruling at the end of last year blew a multi-billion-euro hole in the government's budget, upending its spending plans and leaving Scholz and his coalition partners scrambling to find savings. Anger over Berlin's proposal to cut some subsidies for agriculture prompted farmers to stage tractor blockades across the country last week, culminating in a major demonstration in Berlin on Monday.

German economy shrank in 2023 amid high energy costs, export woes

In Pics | Berlin brought to near standstill as tractors converge for farmers' protest

The possibility of a merger between Deutsche Bank and Commerzbank has resurfaced, after an attempt was called off five years ago.<o:p></o:p>

This is based on a Reuters report.<o:p></o:p>

The renewed speculation is driven by Germany's quest to bolster its budget by considering the sale of stakes in the multitude of companies it owns. <o:p></o:p>

Finance Minister Christian Lindner, while not indicating an immediate sale of the government's 15 per cent stake in Commerzbank, remains open to the idea, with a preference for the government eventually divesting its holding.<o:p></o:p>

Sources suggest that a potential merger could offer Deutsche Bank the opportunity to diversify away from the unpredictability of investment banking earnings, contributing to the bank's long-term stability.<o:p></o:p>

Although there are no active discussions at present, internal talks within Deutsche Bank have intensified, with considerations for acquisitions, including those of Commerzbank and ABN Amro.<o:p></o:p>

Deutsche Bank's Chairman, Alexander Wynaendts, expressed the bank's readiness for mergers and acquisitions in November, acknowledging the low probability of a substantial transaction in the near term due to various hurdles. <o:p></o:p>

Analyst Anke Reingen from RBC Europe noted that the bank's low valuation and potential job cuts might complicate a merger, as it currently trades at a fraction of its book value.<o:p></o:p>

As of Friday, Deutsche Bank shares closed down 1.23 per cent at 12.05 euros, valuing the bank at 25 billion euros ($27.37 billion), while Commerzbank shares remained relatively stable at 11.35 euros, with a valuation of 14 billion euros. <o:p></o:p>

The complexities of a potential merger include Deutsche Bank's low valuation, potential asset markdowns, and the necessity for substantial job cuts to realise the synergies of combining overlapping businesses.<o:p></o:p>

Documents from the German finance ministry reveal plans to raise up to 4 billion euros this year through the sale of company stakes, with the funds directed towards the state-owned rail company, Deutsche Bahn. <o:p></o:p>

The government's stake in Commerzbank, dating back to the 2008 financial crisis, has remained a loss-making venture, adding weight to the considerations for a sale.<o:p></o:p>

The situation is further complicated by Commerzbank's historical ties with UniCredit, which has been exploring potential mergers. <o:p></o:p>

Previous talks between Commerzbank and UniCredit reportedly took place before the geopolitical events surrounding Russia's invasion of Ukraine in 2022.<o:p></o:p>

(With inputs from Reuters)<o:p></o:p>

The possibility of a merger between Deutsche Bank and Commerzbank has resurfaced, after an attempt was called off five years ago. This is based on a Reuters report.

The possibility of a merger between Deutsche Bank and Commerzbank has resurfaced, after an attempt was called off five years ago. This is based on a Reuters report. The renewed speculation is driven by Germany's quest to bolster its budget by considering the sale of stakes in the multitude of companies it owns. Finance Minister Christian Lindner, while not indicating an immediate sale of the government's 15 per cent stake in Commerzbank, remains open to the idea, with a preference for the government eventually divesting its holding. Sources suggest that a potential merger could offer Deutsche Bank the opportunity to diversify away from the unpredictability of investment banking earnings, contributing to the bank's long-term stability. Although there are no active discussions at present, internal talks within Deutsche Bank have intensified, with considerations for acquisitions, including those of Commerzbank and ABN Amro. Deutsche Bank's Chairman, Alexander Wynaendts, expressed the bank's readiness for mergers and acquisitions in November, acknowledging the low probability of a substantial transaction in the near term due to various hurdles. Analyst Anke Reingen from RBC Europe noted that the bank's low valuation and potential job cuts might complicate a merger, as it currently trades at a fraction of its book value. As of Friday, Deutsche Bank shares closed down 1.23 per cent at 12.05 euros, valuing the bank at 25 billion euros ($27.37 billion), while Commerzbank shares remained relatively stable at 11.35 euros, with a valuation of 14 billion euros. The complexities of a potential merger include Deutsche Bank's low valuation, potential asset markdowns, and the necessity for substantial job cuts to realise the synergies of combining overlapping businesses. Documents from the German finance ministry reveal plans to raise up to 4 billion euros this year through the sale of company stakes, with the funds directed towards the state-owned rail company, Deutsche Bahn. The government's stake in Commerzbank, dating back to the 2008 financial crisis, has remained a loss-making venture, adding weight to the considerations for a sale. The situation is further complicated by Commerzbank's historical ties with UniCredit, which has been exploring potential mergers. Previous talks between Commerzbank and UniCredit reportedly took place before the geopolitical events surrounding Russia's invasion of Ukraine in 2022. (With inputs from Reuters)

Deutsche Bank & Commerzbank merger possibility resurfaces: Report

Hundreds of thousands of people faced train cancellations across Germany from Wednesday, as a three-day nationwide rail strike added to travel chaos in Europe's largest economy, where farmers' protests have blocked highways and snarled traffic.

The strikes, called by the GDL train drivers' union from Wednesday to Friday evening, have forced national rail operator Deutsche Bahn to run only stripped-back emergency timetables.

One in five long-distance high-speed rail services were running and regional services have been "massively thinned out", a Deutsche Bahn spokesperson told reporters at Berlin's central station, empty of its usual crowds.

ALSO READ |&nbsp;<a href="https://www.wionews.com/world/uk-post-office-scandal-pm-sunak-announces-emergency-law-to-overturn-convictions-678728">UK Post Office scandal: PM Sunak announces new emergency law to overturn convictions</a>

At Cologne railway station in western Germany, commuters wrapped up against freezing temperatures checked departure boards for timetable changes.

After Ulrich Linke's first train failed to show up, he said he would hang around to see if the next one appears. "I'll wait for three-quarters of an hour at minus seven degrees here in the main station," he told Reuters.

"It's sad when you work in healthcare," said commuter Alex Mueller. "We work in a retirement home and we have to get to work."

The head of the German farmers' association DBV vowed to ramp up their protests on Wednesday, after convoys of tractors and trucks blocked roads across the country earlier this week.

ALSO READ |&nbsp;<a href="https://www.wionews.com/world/frances-new-pm-gabriel-attal-starts-working-towards-cabinet-reshuffle-678729">France’s new PM Gabriel Attal starts working towards cabinet reshuffle</a>

The strikes and protests add to pressure on Chancellor Olaf Scholz's coalition government, which faces growing economic problems, including weak macroeconomic data, high interest rates and a budget mess.

The long-running row over train drivers' pay and working hours flared up again following a three-week truce over Christmas, and after an effort by Deutsche Bahn to block the latest strikes with a court injunction did not succeed.

The GDL is seeking a reduced working week for its shift workers, from 38 to 35 hours, on current wages. Deutsche Bahn has offered flexibility on working hours but refused to reduce them without a pay cut.

The train operator argues that the union's demands would lead to a 50 per cent&nbsp;hike in staffing costs, partly because it would have to hire more workers as Germany faces a skilled labour shortage.

ALSO READ |&nbsp;<a href="https://www.wionews.com/world/germany-braces-for-mega-strike-bus-railways-airports-to-come-to-grinding-halt-on-monday-576058">Germany braces for ‘mega strike’: Bus, railways, airports to come to grinding halt on Monday</a>

"We are prepared to make compromises and gradually reduce the weekly working hours so that the employer side also has the opportunity to train staff," GDL boss Claus Weselsky told the ZDF public broadcaster.

"If we get nothing by Friday, we'll take a break then enter the next round of industrial action," he added.

Cargo train drivers are also striking until Friday, leading to supply chain concerns, with almost one-fifth of German freight traffic transported via railway.

Hundreds of thousands of people faced train cancellations across Germany from Wednesday, as a three-day nationwide rail strike added to travel chaos in Europe's largest economy, where farmers' protests have blocked highways and snarled traffic.

Hundreds of thousands of people faced train cancellations across Germany from Wednesday, as a three-day nationwide rail strike added to travel chaos in Europe's largest economy, where farmers' protests have blocked highways and snarled traffic. The strikes, called by the GDL train drivers' union from Wednesday to Friday evening, have forced national rail operator Deutsche Bahn to run only stripped-back emergency timetables. One in five long-distance high-speed rail services were running and regional services have been "massively thinned out", a Deutsche Bahn spokesperson told reporters at Berlin's central station, empty of its usual crowds. ALSO READ | UK Post Office scandal: PM Sunak announces new emergency law to overturn convictions At Cologne railway station in western Germany, commuters wrapped up against freezing temperatures checked departure boards for timetable changes. After Ulrich Linke's first train failed to show up, he said he would hang around to see if the next one appears. "I'll wait for three-quarters of an hour at minus seven degrees here in the main station," he told Reuters. "It's sad when you work in healthcare," said commuter Alex Mueller. "We work in a retirement home and we have to get to work." The head of the German farmers' association DBV vowed to ramp up their protests on Wednesday, after convoys of tractors and trucks blocked roads across the country earlier this week. ALSO READ | France’s new PM Gabriel Attal starts working towards cabinet reshuffle The strikes and protests add to pressure on Chancellor Olaf Scholz's coalition government, which faces growing economic problems, including weak macroeconomic data, high interest rates and a budget mess. The long-running row over train drivers' pay and working hours flared up again following a three-week truce over Christmas, and after an effort by Deutsche Bahn to block the latest strikes with a court injunction did not succeed. The GDL is seeking a reduced working week for its shift workers, from 38 to 35 hours, on current wages. Deutsche Bahn has offered flexibility on working hours but refused to reduce them without a pay cut. The train operator argues that the union's demands would lead to a 50 per cent hike in staffing costs, partly because it would have to hire more workers as Germany faces a skilled labour shortage. ALSO READ | Germany braces for ‘mega strike’: Bus, railways, airports to come to grinding halt on Monday "We are prepared to make compromises and gradually reduce the weekly working hours so that the employer side also has the opportunity to train staff," GDL boss Claus Weselsky told the ZDF public broadcaster. "If we get nothing by Friday, we'll take a break then enter the next round of industrial action," he added. Cargo train drivers are also striking until Friday, leading to supply chain concerns, with almost one-fifth of German freight traffic transported via railway.

German railways grind to near halt in three-day train drivers’ strike

Germany, on Wednesday (Jan 10) said that they have approved the delivery of 150 IRIS-T air-to-air missiles to Saudi Arabia, marking a reversal in the years-long decision to ban arms exports to the kingdom. The restrictions were imposed by Berlin in 2018 in response to the murder of journalist Jamal Khashoggi.&nbsp;

Government spokesperson Steffen Hebestreit confirmed a report by the German weekly Spiegel, which said Berlin had authorised the sale of the 150 missiles to Riyadh. “The details of this report are accurate,” said Hebestreit, speaking at a daily press conference.

He added that IRIS-T could “be fired from aircraft at airborne targets, that is to say missiles, drones and so on”.&nbsp;

<h2>What changed Germany’s mind?</h2>

The move marks a major shift of policy for Chancellor Olaf Scholz’s government. According to Spiegel, the authorisation to send missiles, produced by German arms maker Diehl and fired by Saudi Arabia’s Eurofighter jets, was granted towards the end of last year.&nbsp;

Reuters citing a security source said that the new batch of missiles is meant to replenish Saudi stocks depleted over the past years, adding that recently the kingdom has used them to shoot down drones fired from Houthi-controlled Yemen.

ALSO READ |&nbsp;<a href="https://www.wionews.com/world/german-railways-grind-to-near-halt-in-three-day-train-drivers-strike-678776">German railways grind to near halt in three-day train drivers’ strike</a>

The ban on Saudi Arabia was imposed by the government of&nbsp;former Chancellor Angela Merkel following Khashoggi’s killing inside the Saudi consulate in Istanbul in October 2018.

However, Berlin has recently loosened its stance, and even praised Saudi Arabia’s “constructive approach,” amid the ongoing war between Israel and the Palestinian militant group Hamas.&nbsp;

German foreign minister Annalena Baerbock during a visit to Jerusalem on Sunday (Jan 7) said Saudi Arabia has been making a significant contribution to Israel’s security after Hamas’ October 7 attacks and “this is helping to contain the danger of the conflict spreading across the region.”

She noted that Riyadh had also made efforts to intercept missiles fired at Israel by Iran-backed Yemen-based Houthi rebels.&nbsp;

Scholz and Baerbock have also said that Germany will no longer stand in the way of British plans to sell additional Eurofighters to Saudi Arabia.

Currently, Saudi Arabia has 72 Eurofighters, as reported by DW. Previously, the United Kingdom said that they would like to supply 48 more to the kingdom, a decision which required Berlin’s approval since the Eurofighter project is a joint British, German, Italian and Spanish effort.

German Economy Minister Robert Habeck, currently in Saudi Arabia to discuss energy and economic cooperation, said the country had an important role to play regarding the stabilisation of the Middle East.&nbsp;

ALSO READ |&nbsp;<a href="https://www.wionews.com/world/us-in-favour-of-tangible-steps-for-palestinian-state-blinken-tells-abbas-678690">US in favour of 'tangible steps' for Palestinian state, Blinken tells Abbas</a>

“Saudi Arabia is engaging in a such way that there is no escalation there,” Habeck said in comments broadcast by NTV. He added, “My perception is that Saudi Arabia is self-confident enough to know its role and wants to fulfil it.”&nbsp;

<h2>Decision sparks disagreements</h2>

The shift in policy about supplying arms to Saudi Arabia has sparked disagreements within the ruling coalition, with prominent figures from Baerbock’s Green Party voicing their concerns.&nbsp;

Co-chair of the Greens, Ricarda Lang insisted that “with a view on the human rights situation, including Saudi Arabia’s domestic constitution, I think as before that it is wrong to deliver Eurofighters” to the kingdom.

Notably, the 2021 coalition agreement between Scholz’s SPD, FDP and Greens explicitly states that there will be no approval of arms deliveries to any country directly involved in the war in Yemen.&nbsp;

(With inputs from agencies)

Germany, on Wednesday (Jan 10) said that they have approved the delivery of 150 IRIS-T air-to-air missiles to Saudi Arabia, marking a reversal in the years-long decision to ban arms exports to the kingdom.

Germany, on Wednesday (Jan 10) said that they have approved the delivery of 150 IRIS-T air-to-air missiles to Saudi Arabia, marking a reversal in the years-long decision to ban arms exports to the kingdom. The restrictions were imposed by Berlin in 2018 in response to the murder of journalist Jamal Khashoggi. Government spokesperson Steffen Hebestreit confirmed a report by the German weekly Spiegel, which said Berlin had authorised the sale of the 150 missiles to Riyadh. “The details of this report are accurate,” said Hebestreit, speaking at a daily press conference. He added that IRIS-T could “be fired from aircraft at airborne targets, that is to say missiles, drones and so on”. What changed Germany’s mind? The move marks a major shift of policy for Chancellor Olaf Scholz’s government. According to Spiegel, the authorisation to send missiles, produced by German arms maker Diehl and fired by Saudi Arabia’s Eurofighter jets, was granted towards the end of last year. Reuters citing a security source said that the new batch of missiles is meant to replenish Saudi stocks depleted over the past years, adding that recently the kingdom has used them to shoot down drones fired from Houthi-controlled Yemen. ALSO READ | German railways grind to near halt in three-day train drivers’ strike The ban on Saudi Arabia was imposed by the government of former Chancellor Angela Merkel following Khashoggi’s killing inside the Saudi consulate in Istanbul in October 2018. However, Berlin has recently loosened its stance, and even praised Saudi Arabia’s “constructive approach,” amid the ongoing war between Israel and the Palestinian militant group Hamas. German foreign minister Annalena Baerbock during a visit to Jerusalem on Sunday (Jan 7) said Saudi Arabia has been making a significant contribution to Israel’s security after Hamas’ October 7 attacks and “this is helping to contain the danger of the conflict spreading across the region.” She noted that Riyadh had also made efforts to intercept missiles fired at Israel by Iran-backed Yemen-based Houthi rebels. Scholz and Baerbock have also said that Germany will no longer stand in the way of British plans to sell additional Eurofighters to Saudi Arabia. Currently, Saudi Arabia has 72 Eurofighters, as reported by DW. Previously, the United Kingdom said that they would like to supply 48 more to the kingdom, a decision which required Berlin’s approval since the Eurofighter project is a joint British, German, Italian and Spanish effort. German Economy Minister Robert Habeck, currently in Saudi Arabia to discuss energy and economic cooperation, said the country had an important role to play regarding the stabilisation of the Middle East. ALSO READ | US in favour of 'tangible steps' for Palestinian state, Blinken tells Abbas “Saudi Arabia is engaging in a such way that there is no escalation there,” Habeck said in comments broadcast by NTV. He added, “My perception is that Saudi Arabia is self-confident enough to know its role and wants to fulfil it.” Decision sparks disagreements The shift in policy about supplying arms to Saudi Arabia has sparked disagreements within the ruling coalition, with prominent figures from Baerbock’s Green Party voicing their concerns. Co-chair of the Greens, Ricarda Lang insisted that “with a view on the human rights situation, including Saudi Arabia’s domestic constitution, I think as before that it is wrong to deliver Eurofighters” to the kingdom. Notably, the 2021 coalition agreement between Scholz’s SPD, FDP and Greens explicitly states that there will be no approval of arms deliveries to any country directly involved in the war in Yemen. (With inputs from agencies)

Germany resumes arms sales to Saudi Arabia, ending years-long ban

In Germany, a wave of discontent is sweeping through the agricultural landscape. Farmers are taking to the streets, expressing their concerns over government budget cuts. The President of the munich-based ifo institute, clemens fuest, has raised alarm bells, stating that these cuts will impose a 'noticeable' burden on farmers.

German farmers protest against looming budget squeeze | World Business Watch

Farmers in Germany are taking a stand against government budget cuts. The president of the Munich-based Ifo Institute, Clemens Fuest, has raised a red flag, signalling an impending economic strain on farmers.

Tractors line the roads as convoys of farmers block key routes in protest. Their grievance stems from the government's decision to phase out agricultural subsidies, a move that threatens to undermine the livelihoods of those farmers.

Economic impact

Economist Fuest provides a sobering analysis of the situation. He emphasises that the proposed budget cuts could result in a significant 5% decrease in added gross value, a blow that farmers argue may force them out of business. The plans, designed to save the government around 900 million euros annually, are now a focal point of discontent among the farming community.

Political dynamics

As the protests gain momentum, the political landscape is also shifting. Tractors adorned with protest banners, some linked to the far-right Alternative for Germany (AfD) party. Economy Minister Robert Habeck acknowledges the need for immediate savings but faces a backlash from farmers who demand reconsideration of the proposed budget cuts.

Chancellor Olaf Scholz's coalition government, grappling with the aftermath of a court ruling that disrupted previous spending plans, is now in the crossfire. The urgency to save billions of euros for the 2024 budget intensifies, setting the stage for a week of protests across the country.

Bottomline

As the nation watches, the standoff between farmers and the government unfolds, echoing the broader global conversation about the delicate balance between economic necessity and the preservation of traditional industries. The outcome of this clash will not only impact Germany's agricultural sector but may reverberate on the international stage, where the challenges faced by farmers resonate with communities worldwide.

WATCH WION LIVE HERE

<iframe allow="accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="350" src="https://www.wionews.com/live-tv/embed?autoplay=1&amp;mute=1" width="100%"></iframe>

Farmers in Germany are taking a stand against government budget cuts. The president of the Munich-based Ifo Institute, Clemens Fuest, has raised a red flag, signalling an impending economic strain on farmers.

Farmers in Germany are taking a stand against government budget cuts. The president of the Munich-based Ifo Institute, Clemens Fuest, has raised a red flag, signalling an impending economic strain on farmers. Tractors line the roads as convoys of farmers block key routes in protest. Their grievance stems from the government's decision to phase out agricultural subsidies, a move that threatens to undermine the livelihoods of those farmers. Economic impact Economist Fuest provides a sobering analysis of the situation. He emphasises that the proposed budget cuts could result in a significant 5% decrease in added gross value, a blow that farmers argue may force them out of business. The plans, designed to save the government around 900 million euros annually, are now a focal point of discontent among the farming community. Political dynamics As the protests gain momentum, the political landscape is also shifting. Tractors adorned with protest banners, some linked to the far-right Alternative for Germany (AfD) party. Economy Minister Robert Habeck acknowledges the need for immediate savings but faces a backlash from farmers who demand reconsideration of the proposed budget cuts. Chancellor Olaf Scholz's coalition government, grappling with the aftermath of a court ruling that disrupted previous spending plans, is now in the crossfire. The urgency to save billions of euros for the 2024 budget intensifies, setting the stage for a week of protests across the country. Bottomline As the nation watches, the standoff between farmers and the government unfolds, echoing the broader global conversation about the delicate balance between economic necessity and the preservation of traditional industries. The outcome of this clash will not only impact Germany's agricultural sector but may reverberate on the international stage, where the challenges faced by farmers resonate with communities worldwide. WATCH WION LIVE HERE

German farmers rally against budget cuts: Economist warns of economic strain

Germany's Franz Beckenbauer, who won the world cup both as player and coach, has died at age of 78. Beckenbauer had played 582 times for Bayern Munich and won the German top flight as both a player and a manager.

Franz Beckenbauer dies: Tributes pour in for world cup-winning captain

Germany's economy will take a while to recover from one of its worst annual performances in a generation, even if it does start growing again in 2024.

2023: Germany's weakest performance in a generation

German police on Sunday (Dec 31) arrested three people over allegedly plotting to attack&nbsp;Cologne's iconic cathedral on New Year's Eve.

The police released a statement saying that the suspects arrested had planned to attack the cathedral via a car.

The "alleged means of attack" is a car, said police in the western city, adding that security measures have been ramped up around the area.

The three suspects are believed to be connected to a Tajik who was arrested on Christmas Eve, Cologne police chief Johannes Hermann said.

The Tajik was detained on the day when Austria announced the arrests of another three suspects in Vienna.

As per Bild daily reports, all the four arrested were Tajiks who had allegedly planned on carrying out the attacks for Islamic State-Khorasan (IS-K), an IS offshoot in Afghanistan.

"Islamist people and groups" are "more active than ever at the moment," said warned Herbert Reul, interior minister of North Rhine-Westphalia state, where Cologne is located.

The investigations that were conducted after the Tajik's arrest found&nbsp;that there was a plot to deploy a car as a means of attack, but "in which way is not known to us," said Frank Wissbaum of Cologne police.

Police said that the officers had deployed sniffer dogs to search the underground parking of the iconic cathedral for explosives, however, they haven't yet come across anything suspicious.

Also read:&nbsp;<a href="https://www.wionews.com/world/china-will-surely-be-reunified-says-president-xi-jinping-in-new-years-speech-675342">China 'will surely be reunified', says Xi Jinping in New Year's speech</a>

Wissbaum said that protective measures were ramped up with nearly 1,000 police officers deployed since this afternoon to "protect the cathedral and the population in Cologne city centre".

<h2>Europe on high alert</h2>

Countries have been ramping up security measures to ensure safe New Year celebrations amid heightened terror threats linked to the war between Israel and Hamas in the Gaza Strip.

Germany had been on high alert over possible Islamist attacks after the country's domestic intelligence chief issued a warning in late November this year that the risk of such assaults is "real and higher than it has been for a long time" because of the Israel-Hamas war.

France had earlier released a statement saying that it would deploy close to 90,000 police officers across the country, with 6,000 of them in Paris alone, for the weekend's New Year&nbsp;celebrations due to the 'very high' terrorist threat.

"I have called for an extremely high turnout of police and security forces given the context of the very high terrorist threat due to, clearly, what is happening in Israel and in Palestine," Interior Minister Gerald Darmanin said on Friday (Dec 29).

(With inputs from agencies)

German police on Sunday (Dec 31) arrested three people over allegedly plotting to attack Cologne's iconic cathedral on New Year's Eve. The police released a statement saying that the suspects arrested had planned to attack the cathedral via a car.

German police on Sunday (Dec 31) arrested three people over allegedly plotting to attack Cologne's iconic cathedral on New Year's Eve. The police released a statement saying that the suspects arrested had planned to attack the cathedral via a car. The "alleged means of attack" is a car, said police in the western city, adding that security measures have been ramped up around the area. The three suspects are believed to be connected to a Tajik who was arrested on Christmas Eve, Cologne police chief Johannes Hermann said. The Tajik was detained on the day when Austria announced the arrests of another three suspects in Vienna. As per Bild daily reports, all the four arrested were Tajiks who had allegedly planned on carrying out the attacks for Islamic State-Khorasan (IS-K), an IS offshoot in Afghanistan. "Islamist people and groups" are "more active than ever at the moment," said warned Herbert Reul, interior minister of North Rhine-Westphalia state, where Cologne is located. The investigations that were conducted after the Tajik's arrest found that there was a plot to deploy a car as a means of attack, but "in which way is not known to us," said Frank Wissbaum of Cologne police. Police said that the officers had deployed sniffer dogs to search the underground parking of the iconic cathedral for explosives, however, they haven't yet come across anything suspicious. Also read: China 'will surely be reunified', says Xi Jinping in New Year's speech Wissbaum said that protective measures were ramped up with nearly 1,000 police officers deployed since this afternoon to "protect the cathedral and the population in Cologne city centre". Europe on high alert Countries have been ramping up security measures to ensure safe New Year celebrations amid heightened terror threats linked to the war between Israel and Hamas in the Gaza Strip. Germany had been on high alert over possible Islamist attacks after the country's domestic intelligence chief issued a warning in late November this year that the risk of such assaults is "real and higher than it has been for a long time" because of the Israel-Hamas war. France had earlier released a statement saying that it would deploy close to 90,000 police officers across the country, with 6,000 of them in Paris alone, for the weekend's New Year celebrations due to the 'very high' terrorist threat. "I have called for an extremely high turnout of police and security forces given the context of the very high terrorist threat due to, clearly, what is happening in Israel and in Palestine," Interior Minister Gerald Darmanin said on Friday (Dec 29). (With inputs from agencies)

Arrests made in Germany over 'Cologne cathedral attack plot': Police

Wolfgang Schaeuble, one of the most important figures in German politics for decades and an icon of budgetary rigour in the eurozone, has died aged 81, the German parliament said Wednesday.

Schaeuble, who was a minister under chancellors Helmut Kohl and Angela Merkel, and played a key role in German reunification in 1990, died peacefully in the night, the Bild daily reported.

The current Chancellor Olaf Scholz said Schaeuble had "shaped our country for more than half a century".&nbsp;

"Germany has lost a sharp thinker, passionate politician and pugnacious democrat," Scholz wrote on X, formerly Twitter.

Merkel also paid tribute to Schaeuble in a statement shared by her office, describing him as "an outstanding personality... who shaped our country in many ways."

Also Read | <a href="https://www.wionews.com/business-economy/lufthansas-9-bn-aircraft-bonanza-german-airline-orders-80-planes-from-boeing-and-airbus-671629">Lufthansa's $9 bn aircraft bonanza: German airline orders 80 planes from Boeing and Airbus</a>

As finance minister for several years under Merkel, Schaeuble carved out a reputation as the guardian of German budgetary rigour, particularly during the Greek debt crisis.

Describing himself as "pitiless" in his management of Germany's public purse, he showed the same exactitude towards his euro partners, campaigning for tight fiscal discipline and insisting on stringent conditions for any bailout contribution by Berlin.

<h2>'Destructive policies'</h2>

His harsh stance made him unpopular with many Greeks in the aftermath of the financial crisis of 2007-2008 and the ensuing eurozone debt crisis.&nbsp;

Former Greek finance minister Yanis Varoufakis, who clashed with Schaeuble during the crisis, on Wednesday accused his erstwhile counterpart of having contributed to "the impoverishment of Greece".&nbsp;

"History will judge him harshly, but not more harshly than those who succumbed to his destructive policies," he wrote on X.&nbsp;

Watch | Germany ends e-vehicle subsidy | World Business Watch

<div class="ui-state-default" contenteditable="false">
<div class="twitter-block" draggable="false">
<div class="videoWrapper trancodeVideo"><iframe allowfullscreen="" autoplay="1" class="includeVideo" frameborder="0" height="350" src="https://www.wionews.com/videos/germany-ends-e-vehicle-subsidy-world-business-watch-670471/embed" style="width:100%;max-width:560px;" width="560"></iframe></div>
</div>
<a class="close-mark close-div" href="#" id="jqclosemark">×</a></div>

Born in Freiburg in 1942, Schaeuble was the longest-serving member of the Bundestag, the lower house of parliament, where he had sat since 1972.

It was under former conservative leader Kohl that the pro-European Schaeuble forged his career, rising through the ranks to eventually become chief of staff for the chancellor, to whom he was long seen as the heir apparent.

Together they oversaw Germany's national reunification, before personal tragedy struck Schaeuble -- an assassination attempt by a deranged man in 1990 left him badly injured and forced him to use a wheelchair for the rest of his life.

The son of a conservative politician, Schaeuble was known for his biting wit and unerring sense of duty. He was married with four children.

His biographer Peter Schuetz described him as the "most honest man" he knew, "even if he's not always the most charming".

<h2>'Commitment to Europe'</h2>

After a slush-fund scandal shattered Kohl's reputation in the 1990s, Schaeuble spent a period in the political wilderness before making a comeback in 2002.

While Merkel refused to back him two years later for the role of federal president -- instead picking former International Monetary Fund chief Horst Koehler -- he became interior minister in 2005.

Schaeuble was criticised by civil liberties groups for curbing rights in response to the threat of extremist attacks.

However, Merkel rewarded him in 2009 when she tapped him for the more high-profile finance ministry.&nbsp;

Christine Lagarde, president of the European Central Bank, hailed Schaeuble as "one of the most influential European leaders of his generation".&nbsp;

"I personally witnessed his commitment to Europe, his intellectual rigour and his statesmanship," she wrote on X. 
Schaeuble subsequently served as president of the Bundestag from 2017 until 2021, and remained a member of parliament up until his death.

He had been suffering from cancer for several years, according to Bild.

In a recent interview with Der Spiegel magazine, Schaeuble admitted he felt "lonely" as most of his peers were no longer around, but it did not appear to bother him.&nbsp;

"I can now observe my life as it comes to an end," he said. "I find it exciting to observe myself."

Wolfgang Schaeuble, one of the most important figures in German politics for decades and an icon of budgetary rigour in the eurozone, has died aged 81, the German parliament said Wednesday.

Wolfgang Schaeuble, one of the most important figures in German politics for decades and an icon of budgetary rigour in the eurozone, has died aged 81, the German parliament said Wednesday. Schaeuble, who was a minister under chancellors Helmut Kohl and Angela Merkel, and played a key role in German reunification in 1990, died peacefully in the night, the Bild daily reported. The current Chancellor Olaf Scholz said Schaeuble had "shaped our country for more than half a century". "Germany has lost a sharp thinker, passionate politician and pugnacious democrat," Scholz wrote on X, formerly Twitter. Merkel also paid tribute to Schaeuble in a statement shared by her office, describing him as "an outstanding personality... who shaped our country in many ways." Also Read | Lufthansa's $9 bn aircraft bonanza: German airline orders 80 planes from Boeing and Airbus As finance minister for several years under Merkel, Schaeuble carved out a reputation as the guardian of German budgetary rigour, particularly during the Greek debt crisis. Describing himself as "pitiless" in his management of Germany's public purse, he showed the same exactitude towards his euro partners, campaigning for tight fiscal discipline and insisting on stringent conditions for any bailout contribution by Berlin. 'Destructive policies' His harsh stance made him unpopular with many Greeks in the aftermath of the financial crisis of 2007-2008 and the ensuing eurozone debt crisis. Former Greek finance minister Yanis Varoufakis, who clashed with Schaeuble during the crisis, on Wednesday accused his erstwhile counterpart of having contributed to "the impoverishment of Greece". "History will judge him harshly, but not more harshly than those who succumbed to his destructive policies," he wrote on X. Watch | Germany ends e-vehicle subsidy | World Business Watch × Born in Freiburg in 1942, Schaeuble was the longest-serving member of the Bundestag, the lower house of parliament, where he had sat since 1972. It was under former conservative leader Kohl that the pro-European Schaeuble forged his career, rising through the ranks to eventually become chief of staff for the chancellor, to whom he was long seen as the heir apparent. Together they oversaw Germany's national reunification, before personal tragedy struck Schaeuble -- an assassination attempt by a deranged man in 1990 left him badly injured and forced him to use a wheelchair for the rest of his life. The son of a conservative politician, Schaeuble was known for his biting wit and unerring sense of duty. He was married with four children. His biographer Peter Schuetz described him as the "most honest man" he knew, "even if he's not always the most charming". 'Commitment to Europe' After a slush-fund scandal shattered Kohl's reputation in the 1990s, Schaeuble spent a period in the political wilderness before making a comeback in 2002. While Merkel refused to back him two years later for the role of federal president -- instead picking former International Monetary Fund chief Horst Koehler -- he became interior minister in 2005. Schaeuble was criticised by civil liberties groups for curbing rights in response to the threat of extremist attacks. However, Merkel rewarded him in 2009 when she tapped him for the more high-profile finance ministry. Christine Lagarde, president of the European Central Bank, hailed Schaeuble as "one of the most influential European leaders of his generation". "I personally witnessed his commitment to Europe, his intellectual rigour and his statesmanship," she wrote on X. Schaeuble subsequently served as president of the Bundestag from 2017 until 2021, and remained a member of parliament up until his death. He had been suffering from cancer for several years, according to Bild. In a recent interview with Der Spiegel magazine, Schaeuble admitted he felt "lonely" as most of his peers were no longer around, but it did not appear to bother him. "I can now observe my life as it comes to an end," he said. "I find it exciting to observe myself."

Wolfgang Schaeuble, veteran of German politics, dies at 81

German police officials on Saturday (Dec 23) said that they increased security at Cologne Cathedral after there were indications of attacks planned for New Year's Eve.

The move was also taken after the government issued warnings over the rising threat of Islamist violence.

The police officials released a statement saying that they would take the help of tracker dogs to keep a check on the cathedral after evening mass and then close it off.&nbsp;

On Christmas Eve, they would carry out a security check on all visitors and recommended they get to services early.

The police further said that they could not elaborate on the details as the probe was ongoing.

Earlier, security authorities in Austria, Germany and Spain had received indications that Islamist groups were planning to carry out attacks during the Christmas and New Year festivities, news agency Reuters reported citing German newspaper Bild.

Also read:&nbsp;<a href="https://www.wionews.com/world/303-indians-include-11-unaccompanied-minors-as-france-continues-human-trafficking-probe-672998">11 minors among 303 Indian passengers on flight grounded by France: Report</a>

<h2>Rising threat of Islamist violence</h2>

Interior Minister Nancy Faeser, in recent weeks, also warned of the growing threat of Islamist violence in Germany and elsewhere in Europe as the Israel-Hamas war increases the risk of radicalisation.

Austrian police released a statement saying that they were heightening security in churches and Christmas markets given a heightened state of alert.

Also read:&nbsp;<a href="https://www.wionews.com/world/ukrainian-catholic-church-says-document-on-blessing-same-sex-couples-does-not-apply-673137">Ukrainian Catholic church says Vatican document on blessing same sex couples does not apply</a>

"Given that terrorist actors throughout Europe are calling for attacks on Christian events, especially around Dec. 24, the security authorities have taken the corresponding protection measures in public spaces," the police said.

Earlier this month, the Spanish Interior Ministry announced the reinforcement of security measures from Dec 18 for the Christmas holidays, with the anti-terrorism alert at level 4 or "high risk".

(With inputs from agencies)

German police officials on Saturday (Dec 23) said that they increased security at Cologne Cathedral after there were indications of attacks planned for New Year's Eve.

German police officials on Saturday (Dec 23) said that they increased security at Cologne Cathedral after there were indications of attacks planned for New Year's Eve. The move was also taken after the government issued warnings over the rising threat of Islamist violence. The police officials released a statement saying that they would take the help of tracker dogs to keep a check on the cathedral after evening mass and then close it off. On Christmas Eve, they would carry out a security check on all visitors and recommended they get to services early. The police further said that they could not elaborate on the details as the probe was ongoing. Earlier, security authorities in Austria, Germany and Spain had received indications that Islamist groups were planning to carry out attacks during the Christmas and New Year festivities, news agency Reuters reported citing German newspaper Bild. Also read: 11 minors among 303 Indian passengers on flight grounded by France: Report Rising threat of Islamist violence Interior Minister Nancy Faeser, in recent weeks, also warned of the growing threat of Islamist violence in Germany and elsewhere in Europe as the Israel-Hamas war increases the risk of radicalisation. Austrian police released a statement saying that they were heightening security in churches and Christmas markets given a heightened state of alert. Also read: Ukrainian Catholic church says Vatican document on blessing same sex couples does not apply "Given that terrorist actors throughout Europe are calling for attacks on Christian events, especially around Dec. 24, the security authorities have taken the corresponding protection measures in public spaces," the police said. Earlier this month, the Spanish Interior Ministry announced the reinforcement of security measures from Dec 18 for the Christmas holidays, with the anti-terrorism alert at level 4 or "high risk". (With inputs from agencies)

German police increase security at Cologne Cathedral for Christmas celebrations amid attack threat

Europe is experiencing a notable political shift with the rise of far-right parties, evidenced by France's recent stringent immigration bill seen as pandering to far-right ideologies. From Italy's Brothers of Italy to Spain's Vox, Austria's Freedom Party, Germany's AfD, and Sweden's Sweden Democrats, these groups are gaining influence.

Gravitas: What's causing Europe's far right surge?

Lufthansa on Tuesday inked a deal worth $9 billion, ordering a total of 80 planes from both Boeing and Airbus, with delivery set between 2026 and 2032, marking the German flagship carrier's first purchase of Boeing narrow-body planes in approximately 30 years. &nbsp;

According to Reuters, the agreement comprises 40 Boeing 737 MAX 8 planes and 40 Airbus A220-300s, with options for additional purchases: 60 for the MAX 8, 20 for the A220, and 40 for Airbus A320s.&nbsp;

This deal signifies a major strategic shift for Lufthansa, as it not only marks its reentry into acquiring Boeing narrow-body planes but also represents its first-ever purchase of the 737 MAX model. Lufthansa, historically maintaining an all-Airbus single-aisle fleet since phasing out the 737 in 2016, has predominantly focused on Boeing wide-body aircraft, including the 787 Dreamliners, 777 freighters, and the upcoming 777X mini-jumbo.&nbsp;

Lufthansa CEO Carsten Spohr expressed the significance of the move, stating, "It is a good strategic decision for the Lufthansa Group to order Boeing 737 aircraft again for the first time since 1995," highlighting that the addition of the MAX 8 aligns with the company's commitment to carbon reduction requirements. The deal underscores Lufthansa's pivotal role as Airbus's largest airline customer, with a long-standing relationship that has seen the delivery of its 600th aircraft just months ago.&nbsp;

Boeing shares rose by 1.6 per cent in response to the news, while Airbus saw a 0.6 per cent increase. Lufthansa plans to finance this substantial purchase with net investments of 2.5-3 billion euros ($2.7-3.2 billion) in 2023 and a similar amount in the following year, emphasising that the order's impact on capital expenditure in 2023-2024 would not be significant.&nbsp;

(With inputs from Reuters)&nbsp;

WATCH WION LIVE HERE

<iframe allow="accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="350" src="https://www.wionews.com/live-tv/embed?autoplay=1&amp;mute=1" width="100%"></iframe>

Lufthansa on Tuesday inked a deal worth $9 billion, ordering a total of 80 planes from both Boeing and Airbus, with delivery set between 2026 and 2032, marking the German flagship carrier's first purchase of Boeing narrow-body planes in approximately 30 years.

Lufthansa on Tuesday inked a deal worth $9 billion, ordering a total of 80 planes from both Boeing and Airbus, with delivery set between 2026 and 2032, marking the German flagship carrier's first purchase of Boeing narrow-body planes in approximately 30 years. According to Reuters, the agreement comprises 40 Boeing 737 MAX 8 planes and 40 Airbus A220-300s, with options for additional purchases: 60 for the MAX 8, 20 for the A220, and 40 for Airbus A320s. This deal signifies a major strategic shift for Lufthansa, as it not only marks its reentry into acquiring Boeing narrow-body planes but also represents its first-ever purchase of the 737 MAX model. Lufthansa, historically maintaining an all-Airbus single-aisle fleet since phasing out the 737 in 2016, has predominantly focused on Boeing wide-body aircraft, including the 787 Dreamliners, 777 freighters, and the upcoming 777X mini-jumbo. Lufthansa CEO Carsten Spohr expressed the significance of the move, stating, "It is a good strategic decision for the Lufthansa Group to order Boeing 737 aircraft again for the first time since 1995," highlighting that the addition of the MAX 8 aligns with the company's commitment to carbon reduction requirements. The deal underscores Lufthansa's pivotal role as Airbus's largest airline customer, with a long-standing relationship that has seen the delivery of its 600th aircraft just months ago. Boeing shares rose by 1.6 per cent in response to the news, while Airbus saw a 0.6 per cent increase. Lufthansa plans to finance this substantial purchase with net investments of 2.5-3 billion euros ($2.7-3.2 billion) in 2023 and a similar amount in the following year, emphasising that the order's impact on capital expenditure in 2023-2024 would not be significant. (With inputs from Reuters) WATCH WION LIVE HERE

Lufthansa's $9 bn aircraft bonanza: German airline orders 80 planes from Boeing and Airbus

The german government is tightening its purse strings and the first casualty seems to be the electric vehicles industry. The federal government has decided to end its subsidy programme for the sector.

Germany ends e-vehicle subsidy | World Business Watch

Germany makes a bold fiscal move as it approves the 2023 supplementary budget, breaking free from its self-imposed borrowing cap. A recent constitutional court ruling forced the government to rethink spending plans, leading to a dramatic shift in financial strategy. The absolute majority in the bundestag, with 414 votes in favor, 242 against, and 9 abstentions, paves the way for the unprecedented move to exceed the debt brake by 44.8 billion euros, addressing a 60-billion-euro financial gap.

Green transition & fiscal strain: Impact of Germany's debt brake suspension

An anti-Jewish terror plot has been busted in Europe. Germany, Denmark and the Netherlands have arrested 7 suspects for planning to target Jewish institutions. Hem Saroya reports.

Gravitas | 7 suspects arrested for anti-Jewish plot in Europe

As many as four people, belonging to the terror outfit Hamas, suspected of plotting terrorist attacks on European soil have been arrested by the German and Dutch authorities, the federal prosecutor in Germany informed in a statement released on Thursday (Dec 14) Three Hamas members were arrested in Germany while the fourth was apprehended in the Netherlands.

As many as four people, belonging to the terror outfit Hamas, suspected of plotting terrorist attacks on European soil have been arrested by the German and Dutch authorities, the federal prosecutor in Germany informed in a statement released on Thursday (Dec 14) Three Hamas members were arrested in Germany while the fourth was apprehended in the Netherlands. The three have been identified as Lebanon-born Abdelhamid Al A, Ibrahim El-R and Egyptian national Mohamed B. Dutch-born Nazih R is the fourth and was arrested by police in Rotterdam. They were reportedly planning attacks on Jewish institutions across Europe, having been longstanding members of the terror outfit with close links to the leadership of the group's military branch. German Interior Minister Nancy Faeser thanked the Dutch government for the swift collaboration, adding that Jews and their security remained a paramount priority. “The protection of Jews is our top priority. We use all constitutional means against those who threaten the lives of Jews and the existence of the state of Israel,” Faeser said. Also read | 'We will dance again': Freed Hamas hostage Mia Schem strikes defiance with new tattoo Meanwhile, Justice Minister Marco Buschmann said the operation had contributed to making the lives of Jews safer in Europe. “Following the terrible attacks by Hamas on the Israeli population, attacks on Jews and Jewish institutions have also increased in our country in recent weeks. This is shameful and shocking," said Buschmann We must therefore do everything we can to ensure that Jews in our country do not have to fear for their safety again. And our security and law enforcement authorities are working flat out to achieve this." In recent weeks, the European authorities have increased the threat level of large-scale terrorist action. Watch | Israel-Hamas war: British team helping Palestinian authority prepare for governance Escalation between Israel-Hamas Ever since the second truce deal between Israel and Hamas collapsed, Tel Aviv has upped the ante by re-launching aerial and ground operations on the Gaz Strip. Hamas-run Palestinian health ministry claims that more than 18,000 people have been killed since Israel launched its retaliatory operations following the militant group’s attack on October 7 in southern Israel. (With inputs from agencies)

Four Hamas members arrested in Germany, Netherlands over terrorism plot; Jewish institutions were the target

Seven people, including four suspected Hamas members, were arrested in Denmark, Germany and the Netherlands on suspicion of planning attacks on Jewish institutions in Europe, authorities in the three countries said on Thursday.

Seven arrested in Europe on suspicion of terrorism | Four suspects linked to Hamas

Germany is reeling from a budget crisis. But Chancellor Olaf Scholz has ruled out cuts to social spending, green subsidies, or military aid for Ukraine.

Europe's biggest economy faces major budget crisis

Support for Chancellor Olaf Scholz’s coalition government has declined to the lowest level of 17%, a new poll by the country's public broadcaster has found.

German government's approval rating hits an all-time low

germany

Germany, News on Germany, stories on Germany, articles on Germany, Germany stories at Wion, Germany news, Germany latest news