Germany

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Greece Leader Faces Revolt on Bailout Mess

George Papandreou struggling to hold his own party together

(Newser) - After Greece’s prime minister shocked the world —and his own finance minister—by announcing a public referendum on the EU bailout, the government has entered crisis mode. As leaders hold emergency talks, six members of George Papandreou’s party have called for his resignation, and one has quit,...

Greek PM Shocks Europe, Puts Bailout Up for Vote
 Greek PM Shocks Europe, 
 Puts Bailout Up for Vote 
STOCKS PLUMMET
Nov 1, 2011 7:59 AM CDT

Greek PM Shocks Europe, Puts Bailout Up for Vote

Papandreou calls public referendum, Germany furious

(Newser) - Greek Prime Minister George Papandreou threw a major monkey wrench into Europe’s plan to bail out his country yesterday, announcing that he’d be putting the plan negotiated last week up for a referendum, letting all of Greece have its say. That terrified investors—who sent the Athens benchmark...

Whoops! Germany Finds $79B in Math Screwup

'Bad bank' entered a sum twice

(Newser) - Good news/bad news time, Germany. The bad news: Your accountants might be incompetent. The good news: Hey, you’ve got $79 billion less debt than you thought! An accounting screwup at FMS Wertmanagement—the so-called “bad bank” set up to handle all the toxic assets from mortgage lender Hype...

Cops Thwart Firebomb Attack on Berlin Station

Leftists demand end to Afghan war, call for Bradley Manning release

(Newser) - Police thwarted a firebomb attack on Berlin's central train station yesterday after a worker discovered several incendiary devices hooked up to detonators. The planned attack was claimed by a leftist group protesting Germany's involvement in the Afghan war and demanding the release of suspected WikiLeaks source US Private...

Belgium Bails Out Failing Dexia
 Belgium Bails Out Failing Dexia 
Oct 10, 2011 9:01 AM CDT

Belgium Bails Out Failing Dexia

Belgian division to be nationalized; Belgium, France offer guarantees

(Newser) - Leading Franco-Belgian bank Dexia has agreed to a government rescue plan—making it "the biggest euro zone bank failure in quite some time," one analyst tells the New York Times . The plan will nationalize Dexia's Belgian banking division in a $5.4 billion government buyout; meanwhile, Belgium,...

Angela Merkel, Nicolas Sarkozy Hammer Out Deal to Recapitalize Banks
 Merkel, Sarko Reach Bank Deal 
Oct 9, 2011 11:50 AM CDT

Merkel, Sarko Reach Bank Deal

Mum on details, will pitch to EU leaders this month

(Newser) - The leaders of Germany and France, the eurozone's two biggest economies, say they have reached agreement on strengthening Europe's shaky banking sector. German Chancellor Angela Merkel says she and French President Nicolas Sarkozy "are determined to do the necessary to ensure the recapitalization of Europe's banks....

Another Falling Satellite on Its Way

1.6 tons of space junk could land somewhere on Earth

(Newser) - Brace yourself: Another satellite is falling, and this time the chances are one in 2,000 that it’ll hit someone. A German satellite known as ROSAT is due to plummet around the end of October, and while a lot of it will disintegrate before returning to Earth, experts say...

Germany OKs Expanded Bailout
 Germany OKs Expanded Bailout 
Sep 29, 2011 7:40 AM CDT

Germany OKs Expanded Bailout

Merkel gets her win; move designed to shore up euro zone

(Newser) - German lawmakers have cleared the way for an expansion of the size and powers of the euro zone bailout fund, in a major step toward tackling the bloc's sprawling sovereign debt crisis. A clear majority of lawmakers in Germany's lower house of parliament voted today in favor of...

Germany Rips 'Stupid' US Euro Plan

Who is Obama to talk, grumbles finance chief

(Newser) - Get your own house in order first, miffed German officials are telling the US, blasting America's call to pump up a bailout fund as a not-so-bright idea. "I don't understand how anyone can have such a stupid idea," said German Finance Minister Wolfgang Schauble, referring to...

Pope Greeted by Protesters Upon Arrival in Germany

Four-day visit is first state visit to his homeland

(Newser) - Pope Benedict XVI is back home for his first state visit to Germany. Chancellor Angela Merkel, President Christian Wulff, and Cabinet members met the pontiff upon his arrival at a Berlin airport today, the first of his four-day visit, as howitzers fired and fighter jets flew overhead. He is also...

English-Speaking Teen From Forest Stumps Berlin Cops

'Ray' says he recently buried his father and is all alone

(Newser) - He says he's been living in the forest for years, his parents are gone, and he doesn’t know where he came from. Identified only as “Ray,” a teenage boy arrived in Berlin’s City Hall two weeks ago and remains a mystery to police. On arrival,...

Pirate Party Storms German Ship of State

Upstart group wants soft drugs legalized, basic minimum income for all

(Newser) - Move over, Greens. Make way for the Pirates. For the first time in German history the upstart Pirate Party has won representation in regional elections to grab 15 of 130 seats in the German parliament. Members support a host of civil rights, including Internet freedoms some might consider ... piracy. "...

Wired Goes German
 Wired Goes German 
Sep 12, 2011 3:39 AM CDT

Wired Goes German

New publication brings geek-chic to Germany

(Newser) - Germany is the latest country to join the march of the geeks, with the launch of a German-language edition of Wired, reports Der Spiegel . Although Spiegel says the magazine is overly reliant on older articles from the US edition, it hails the German version's "playful, even chaotic" graphics...

German Police Bust 2 in Bomb Plot

Men caught purchasing suspicious chemicals

(Newser) - German police today arrested two men suspected of plotting a bomb attack, searching both their Berlin apartments and an Islamic Center they frequented, the AP reports. The men, a 24-year-old German of Lebanese descent and a 28-year-old Gaza native, came under suspicion when two chemical companies reported some suspiciously large...

Obama, Jay-Z, Steve Jobs: America Is World's Coolest Country, Poll Says


 It's Official: 
 US Is World's 
 Coolest Country 
15-country poll
Sep 6, 2011 11:26 AM CDT

It's Official: US Is World's Coolest Country

Obama, Jay-Z, Steve Jobs help win crown

(Newser) - When it comes to foreign policy, perhaps Americans aren’t the world’s favorite nationality. But the US has clearly cornered the market on coolness. Just ask the 30,000 people from 15 different countries polled by social networking site Badoo.com. When asked to choose the coolest country, America...

Neo-Nazi Town Home of 'Happy Holocaust' BBQ

Jamel's a favorite burg of right-wing fanatics

(Newser) - No one's laughing if it's "a joke." A VBS TV reporter out to discover how crazily right wing a neo-Nazi German town is stumbled upon an outdoor cooking grill emblazoned with the words "Happy Holocaust." The small town of Jamel in northeastern Germany is...

Missing Hikers Shot to Death in Afghanistan

Bodies found today in the Hindu Kush mountains

(Newser) - Two Germans who disappeared nearly three weeks ago while hiking in the Hindu Kush mountains were shot to death, a police general said today. A rescue team reached the bodies in the late afternoon after a four-hour trek on foot from the main road, and found the two men with...

Germany Installs Street Meters for Prostitutes
 Germany 
 Installs Street 
 Meters for 
 Prostitutes 
IN CASE YOU MISSED IT
Sep 4, 2011 11:03 AM CDT

Germany Installs Street Meters for Prostitutes

They must pay to get a nightly permit to work

(Newser) - Prostitution is not only legal in Bonn, Germany, the city has implemented a new "sex tax" for prostitutes who want to ply their trade. City officials also have come up with a novel way to get their money: They've installed automated meters in red-light districts, akin to parking...

Frankfurt Suspect Admits Killing 2 US Airmen on Bus

Arid Uka says he was influenced by extremist propaganda as trial begins

(Newser) - A 21-year-old Kosovo Albanian confessed today to killing two US airmen at the Frankfurt airport in March , saying in emotional testimony at the opening of his trial that he had been influenced by radical Islamic propaganda online. Arid Uka is charged with two counts of murder for the slaying of...

Now Rich Germans Want to Pay More Taxes

Wealthy folks worldwide take Buffett's lead

(Newser) - Warren Buffett’s plea for raised taxes seems to have caused a chain reaction: A French group followed suit , and the head of Ferrari said he should pay more. A group of wealthy Germans is the latest to seek higher rates, the Guardian reports. The 50-member alliance has asked...

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