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The Latest Breaking News from Christian Lindner

Germany agrees to replace cheap national transport ticket

Berlin (AFP) - Germany on Thursday moved closer to approving a successor to a popular ultra-cheap, country-wide public transport ticket rolled out over the summer to curb inflation and cut carbon emissions.

AFP

Crunch talks scheduled for Thursday to help solve German nuclear impasse-sources

Members of Germany's government, including Chancellor Olaf Scholz, have scheduled a call with the operators of the country's remaining nuclear plants to solve an impasse over life-time extensions, two people familiar with the matter said.

Reuters

Germany's Lindner: Ukraine can rely on G7 finance support in times of war

Leaders from the Group of Seven (G7) rich nations have assured Ukrainian officials that they will continue to provide financial support for Ukraine as it battles invading Russian forces, Germany's finance minister said on Thursday.

Reuters

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German coalition, beset by crises, could get more fractious after vote

German Chancellor Olaf Scholz's faced the prospect of a more divided government after one of his coalition partners vowed to assert itself more strongly following a drubbing in a state election.

Reuters

German gas price plan exposes EU divisions over energy

Germany’s plan to spend billions of euros to help keep gas prices low for its consumers and businesses is receiving a tepid welcome from fellow European Union members

The Independent UK

Germany ready to discuss measures to contain gas prices, finance minister says

Germany is ready to discuss measures that could contain gas and power prices in the European Union, German Finance Minister Christian Lindner said on Tuesday.

Reuters

Germany deploys 200-bn-euro shield in 'energy war'

Berlin (AFP) - Germany on Thursday extended a 200-billion-euro ($194-billion) shield to protect households and businesses from skyrocketing power costs, as Europe's biggest economy found itself in an "energy war over prosperity and freedom" against Russia.

AFP

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Germany unveils €200bn help for consumers and says it won’t follow UK’s route

Finance minister announces €200bn fund to protect citizens from rising gas prices driven by Russia’s war in Ukraine

The Guardian - UK

Germany to spend billions to tackle high energy prices

Germany plans to spend up to 200 billion euros helping consumers and businesses cope with the surge in energy prices

The Independent UK

Homeowners warned of ‘significant’ rise in UK interest rates

Bank of England’s chief economist speaks out after mini-budget, with financial markets expecting rates to reach up to 6%

The Guardian - UK

‘The jewel has lost its shine’: how the world reacted to the UK’s pound crisis

The turmoil stirred condemnation in the US, bitter memories in Greece and interest among holidaymakers in Singapore

The Guardian - UK

Kwasi Kwarteng vows to stick with tax cut plan despite calls to ‘reverse course’

Chancellor insists strategy ‘will work’ and promises ‘credible plan’ to address debt next month

The Independent UK

Tory donor makes huge profits from falling pound

‘It’s been helpful’, says Crispin Odey on his bets against Sterling amid market turmoil

The Independent UK

Germany takes over Uniper, raising rescue bill to $29 billion

Germany on Wednesday agreed to nationalise Uniper, raising the bill to rescue the gas importer to 29 billion euros ($28.7 billion) amid an escalating energy crisis that shows just how much Europe's top economy has relied on Russian fuel.

Reuters

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AFP

Germany's nuclear stay fails to quell debate

Frankfurt (AFP) - Germany's decision to keep two atomic plants on standby through the winter amid a power crunch has exposed cracks in the government and unleashed criticism from economic and energy experts.

The Guardian - UK

Germany to delay phase-out of nuclear plants to shore up energy security

Last two working plants were due to be mothballed, but will be used as emergency reserve into 2023 after Russia cuts off gas

AFP

Germany agrees 65bn-euro inflation relief package

Berlin (AFP) - The German government on Sunday unveiled a new multi-billion-euro plan to help households cope with soaring prices, and said it was eyeing windfall profits from energy companies to help fund the relief.

AFP

West, Russia trade pressure on energy as Ukraine goes on attack

Kyiv (Ukraine) (AFP) - Western powers and Moscow hit back at each other Friday with painful pressure measures on energy as Ukraine said it bombed a Russian base near a nuclear plant that has caused growing concern.

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AFP

G7 to implement Russian oil price cap 'urgently'

Berlin (AFP) - G7 industrialised powers vowed Friday to move urgently towards implementing a price cap on Russian oil imports in a bid to cut off a major source of funding for Moscow's war in Ukraine.

The Independent UK

Germany’s massively discounted rail ticket scheme ‘saved 1.8 million tons of CO2’

The Guardian - UK

German ministers under pressure to scrap gas levy after anger over profits

Government to review aid package as energy companies who seek share of surcharge post-billion-euro earnings

Reuters

Cash-rich Germany criticised by watchdog over money laundering

Germany has been criticised by a global watchdog for failing to do enough to tackle money laundering, such as by prosecuting very few for the crime despite being one of the globe's biggest cash centres.

Tribune News Service

Germany may resort to nuclear plants to plug Russian gas gap

Germany may not be able to replace all its imports of Russian natural gas this winter and might have to resort to nuclear power to plug part of the gap, the nation’s two most powerful leaders said.

Reuters

Germany considering follow-up to 9-euro monthly transport pass - Scholz

German Chancellor Olaf Scholz on Sunday called the monthly 9 euro ticket for public transport that his government introduced to help offset soaring inflation a "big success" and announced talks for a follow-up scheme.

The Independent UK

Rail use rises by almost half in Germany after introduction of €9 unlimited train tickets

Germany’s government currently has no plans to extend the popular scheme

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