Bundesbank chief Jens Weidmann on Thursday batted back calls for the European Ce...
FRANKFURT - Bundesbank chief Jens Weidmann on Thursday batted back calls for the European Central Bank to take a bigger role in protecting the environment, saying it was up to governments and not the ECB to fight climate change.
“Politicians with democratic legitimacy must decide how society should combat climate change and they must also bear the responsibility this.” The ECB has so far rejected these calls, arguing that its mandate to keep prices stable requires market neutrality, a premise Lagarde has also affirmed.
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49-carat diamond among nearly 20 jewels stolen in German museum heistA diamond-encrusted sword and a necklace with 177 pearls were among a hoard of priceless jewels stolen from one of Europe's most important collection of royal treasures, officials said Thursday
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'We have a little fetish': Merkel's party plays with sexual innuendo on solid German financesChancellor Angela Merkel's ruling conservative Christian party might seem like the unlikely source of sexual innuendo but CDU revealed on Thursday that it 'has a little fetish.'
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The jewels stolen in that $1-billion heist were not insured, German museum saysThe German state of Saxony, the owner of the Green Vault museum in the eastern city of Dresden, carried no insurance on the jewels stolen on Monday.
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German automaker Audi to cut 9,500 jobs by 2025Volkswagen subsidiary Audi says it’s cutting 9,500 jobs in Germany through 2025 as part of a transformation plan to make the company “lean and sustainable.”
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Audi to Cut 9,500 German Jobs in Switch to Electrification(Bloomberg) -- Want the lowdown on European markets? In your inbox before the open, every day. Sign up here.Audi plans to eliminate roughly 15% of its German workforce to lift earnings by 6 billion euros ($6.6 billion) as Volkswagen AG’s largest profit maker pushes ahead with a restructuring plan to
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