Netherlands pleased with move to arrest SS officer

The Ministry of Security and Justice is pleased that the German Public Prosecution Office has moved to arrest war criminal Klaas Carel Faber. The PPO issued a request for the arrest of the 89-year-old former Nazi SS officer last week to a court in the southern German city of Ingolstadt. A spokesperson for the Dutch Justice Ministry called the development a breakthrough. “We are watching with interest what the German court decides” a... [more]

German airports still stingy with their wireless internet

German airports are slowly offering more free internet access, but progress is slow, with only Cologne Bonn Airport providing unlimited free surfing. That is in stark contrast to much of the rest of the world, including the United States, Austria and Australia where airports sometimes use the free internet access they offer as promotion for their facilities. The Handelsblatt newspaper, which listed a run-down of the situation in Germany... [more]

Deutsche Börse-NYSE merger heads for rocks

The merger of Deutsche Börse and NYSE Euronext, which would create the world’s largest market operator worth over $17 billion (€14 billion), looks seriously compromised just weeks from an EU competition decision. With European anti-trust services setting conditions deemed unacceptable by executives, there is a growing chance that the tie-up putting the New York Stock Exchange under the same roof as the German market operator will... [more]

Germany shows EU solidarity but keeps up demands

Germany displayed unflinching solidarity with its European partners after nine saw their credit ratings downgraded but did not let up the pressure for stricter policing of spending. Both Finance Minister Wolfgang Schaeuble and Chancellor Angela Merkel were at pains to reassure investors after France and Austria were stripped of their top triple-A credit ratings. They both sought to downplay the impact of Standard and Poor’s decision... [more]

Merkel vows faster eurozone reform after S&P downgrades

European leaders promised on Saturday to speed up plans to strengthen spending rules and get a permanent bailout fund up and running as soon as possible, a day after U.S. agency S&P cut the ratings of several euro zone countries’ creditworthiness. In a conference call with reporters and analysts after downgrading nine of the euro zone’s 17 countries, Standard & Poor’s said it saw continued risks from the debt crisis... [more]

German prosecutors confident of neo-Nazi terror case

German prosecutors have said that they feel they have grounds for a prosecution against Beate Zschäpe in relation to their investigation into the NSU neo-Nazi terror cell. “As a result of our further investigations, we are convinced that she was one of the founders of the terrorist association NSU and that she was involved with it up until the end,” Markus Köhler, spokesman for the Federal Prosecutors Office, said Saturday. The Zwickau-based... [more]

Ashton Kutcher invests in Berlin start-up Gidsy

Hollywood hearthrob Ashton Kutcher has invested in yet another Berlin start-up, taking a stake in event marketplace Gidsy.  The company confirmed on Friday that it had closed its seed round and had secured funding from a number of investors, including Kutcher, who has already invested in Berlin-based companies Amen and SoundCloud. Founded by Dutch brothers Edial and Floris Dekker and Austrian Philpp Wassibauer in May 2011, Gidsy allows... [more]

Germany downplays S&P downgrades

Germany’s Finance Minister Wolfgang Schäuble has sought to play down the ratings downgrade of France and Austria, insisting eurozone nations were on the “right track” and warning against overestimating its impact. “In recent months, we have increasingly come to an understanding worldwide that we should not overestimate the ratings agencies in their assessments,” Schäuble told television station RTL. “That... [more]

Neo-Nazi radio presenters sentenced in Germany

Eleven employees of a Neo-Nazi internet radio station were handed suspended sentences in the western German town of Koblenz Thursday. A twelfth worker was imprisoned for two years because he carried previous offences. The judge found all twelve accused guilty of supporting a criminal organization and inciting racial hatred. The station was found to have called on listeners to commit criminal acts. All of the accused admitted to working as... [more]

Germany forced to buy Austrian electricity

One of Germany’s energy providers was forced to use reserves from Austrian power stations on two days in December as a “precautionary measure,” according to a newspaper report. According to Die Welt newspaper, grid operator Tennet, which runs a huge section of the German national electricity grid, was forced to tap energy from Austria on December 8 and 9 last year to guarantee the stability of its supply. The transaction... [more]

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