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The Latest Breaking News from Katherina Reiche

Germany cuts fuel tax as oil prices surge on Iran blockade

Following tense exchanges between Economics Minister Reiche and Finance Minister Lars Klingbeil, the government held talks over the weekend. Will the coalition succeed in easing the burden on citizens, or will it collapse?

Euronews

Iran war pushes Germany's deficit to 4.2% as growth outlook is cut by 50%

Germany's top economic institutes say the Iran war is exposing structural weaknesses that predate the conflict — and warn that without reform, the country risks permanently underperforming its growth potential.

Euronews

Germany's first Omani LNG shipments arrive despite Middle East disruptions

Germany's first Omani LNG deliveries are arriving on schedule — but analysis of the country's supply chain suggests Berlin's exposure to the Middle East crisis runs deeper than officials admit.

Euronews

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Largest-ever emergency oil release approved to address Iran war crisis and global supply fears

It’s a larger stock than the 182.7 million barrels that were released in 2022 in response to Russia’s full-scale invasion of Ukraine

The Independent UK

Germany accused of ditching climate targets as it scraps renewables mandate

Coalition government agrees to remove parts of controversial law and allow homes to rely on fossil fuels

The Guardian - UK

Germany trims this year's growth forecast to 1% as its economy is slow to gather pace

The German government has trimmed its 2026 forecast for the country’s economy, Europe’s biggest, as growth picks up more slowly than previously hoped

The Independent UK

Qatar’s Aamal and Germany’s Niedax sign memorandum to launch advanced cable management facility

The facility will produce advanced cable management systems, boosting Qatar’s industry, creating jobs and supporting Gulf exports.

Euronews

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‘A punch in the face’: Germany’s dash for gas raises questions over climate targets

Plans for a fossil fuel project in Wadden Sea nature reserve have angered local people and campaigners, as political enthusiasm for renewables wanes

The Guardian - UK

Germany Raises Growth Forecasts, But Warns Reforms Needed

Germany's economy will eke out meagre growth in 2025 before picking up speed next year, the government Wednesday said as it raised forecasts, but called for "decisive reforms" for a sustained recovery.

International Business Times

German Gas Drive Fuels Fears Of Climate Backsliding

Germany's conservative-led government has launched a drive to rapidly build more gas-fired power plants, fuelling fears about climate policy backsliding and sparking unease even within its own ranks.

International Business Times

Pension age debate threatens to splinter Germany’s fragile coalition

Merz walks fine line as ‘lazy Germans’ debate sparks protest and economy minister calls to raise retirement age to 70

The Guardian - UK

Expensive electricity and bankruptcies: Does Germany need to go back to nuclear power?

Germany's new minister of economy wants more natural gas power stations and electricity subsidies. But is that enough to boost the economy?

Euronews

New German Finance Minister Says 'No Time To Lose'

Germany's new Finance Minister Lars Klingbeil said Wednesday there was "no time to lose" to jump-start Europe's beleaguered top economy, even as hardline US trade policies complicate his task.

International Business Times

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