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Germany's Incoming Chancellor Friedrich Merz shakes hands with Outgoing German Chancellor Olaf Scholz as Merz is elected chancellor by parliament in second round of voting in the German lower ...
German blue chip shares extended their fall on the news and was last down nearly 2%, while the broader European share index was down around 0.85%. Domestic focused midcaps fell nearly 3%.
German lawmakers are expected to vote on a new budget that sharply raises public spending, with the plan calling for new debts to pay for record investments in defense and infrastructure projects.
BERLIN (Reuters) -German lawmakers on Thursday passed a multi-billion-euro package of fiscal relief measures to support companies and boost investment, part of the new government's plans to put ...
German Chancellor Friedrich Merz gives a speech during a session at the German lower house of parliament, Bundestag, in Berlin, German,y June 24, 2025.
Germany's rent cap on new rental contracts in desirable neighbourhoods is to be extended to the end of 2029, the parliament in Berlin decided on Thursday, with the governing conservative-led ...
Shortly after Merz’s loss was announced, Jens Spahn, the head of the center-right Union bloc in the German parliament, appealed to his colleagues about the election’s importance.