The decision could rip a hole in Berlin’s budget and complicate the transition to a greener economy.
Category: Germany
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Germany Backs Loans to Siemens Energy for Green Projects in $16 Billion Rescue Package
The company’s difficulties have served as a warning that financial problems weighing on makers of renewable energy equipment could be growing more severe.
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N.F.L., on Lookout for Growth, Finds Open Arms in Germany
Football was introduced to the country by U.S. soldiers after World War II, but interests soared when the N.F.L. played its first regular-season game there last year.
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Eurozone Economy Shrinks, While Price Pressures Ease
Economic growth contracted 0.1 percent last quarter, and inflation in October fell to a two-year low, a sign that high interest rates were taking a toll.
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Birkenstock Raises $1.48 Billion in Its I.P.O.
Birkenstock is entering the market with hopes to grow its business in Asia and the United States.
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From LSD to I.P.O.
Once the symbol of the counter culture, lately the darlings of the fashion world, Birkenstock went public in New York.
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Birkenstock, the German Sandal Maker, Raises $1.48 Billion in Its I.P.O.
Birkenstock is entering the market with hopes to grow its business in Asia and the United States.
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Where German Cars Falter, E-Bikes Gain in Power
E-bikes sales in Germany have jumped, as drivers, suppliers and even automakers embrace their role in the future of transportation.
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Stephen Gould, Tenor Best Known for Tackling Wagner, Dies at 61
He was especially acclaimed for his performances at the Bayreuth Festival in Germany. As his voice developed, he once said, so did his view of how and why to deploy it.
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Birkenstock, German Maker of Iconic Sandals, Files for I.P.O. in New York
By going public on the N.Y.S.E., the brand is seeking to build on its reputation as a family-owned German business equally at home as on the fashion catwalks.
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Chinese Cars Star at Munich Auto Show, Underscoring German Economic Woes
China, an electric-vehicle juggernaut, will have at least seven brands on display, while Germany’s automakers are now a drag on their home economy.