Lufthansa seeks government bailouts to stay aloft
24 April 2020 | 1:09 pm
The German airline disclosed €1.2 billion in losses for the first quarter of 2020 as sales fell by 50% in March alone. State loans from Germany, Belgium, Austria and Switzerland are likely to rescue the company.
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Germany is not a nuclear power, but it is part of US nuclear strategy. As arms control treaties between the US and Russia come undone, Germany faces a more clear and present nuclear danger.
The harvest saw an 8% drop over 2021 and had not been lower since 2013. Statisticians say the drop in productivity is a result of less land being dedicated to planting the vegetable.
Total public debt is up in Germany, reaching a new record of over €28,000 per person. Much of the debt on the national level is connected special COVID and energy funds from the last years.
Some 1.5 million German households are spending more than half of their income on rent, according to a study. Poorer people and city dwellers face the biggest burdens.
The Austrian Alpine Club said it had never measured such a pronounced annual retreat as in 2022 since beginning its monitoring late in the 19th century.
The earthquake in Turkey destroyed 230,000 buildings or made them uninhabitable, according to official figures. Many people of Turkish origin in Germany have seen their retirement plans destroyed.
The biggest hole is for elderly and nursing care workers," she said. In other areas, such as the metal and electrical trades, there is not only a lack of skilled workers there is also a need for more experts and people with university degrees.
In Germany, more than 2.5 million people are looking for work. At the same time there is a shortage of almost 2 million skilled workers. How does that calculate and more importantly where is the shortage the worst?
The coalition government has launched a €49 monthly travel ticket to help ease the cost of living and promote the use of public transport. How revolutionary is it?
Switzerland to host the 2025 Women's European Championship, European soccer's governing body UEFA announce.
Germany will dodge a feared recession in 2023, according to a forecast by main German economic institutes. But they say inflation will remain high.
Germany's old-fashioned peace movement is increasingly divided on how to respond to the war in Ukraine. Their traditional Easter marches are growing less and less relevant to younger generations.
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