Germany’s biggest utilities face dwindling market shares as the shift to renewable energy spurs regional power generation and storage technology, a senior member of Chancellor Angela Merkel’s party said.
Angela Merkel wasn’t in a hurry to inflict economic pain on Russia. Cautious, pragmatic and mindful of German business ties to the country, the chancellor tried to defuse the Ukraine crisis through back-channel diplomacy and frequent phone calls with Russian President Vladimir Putin.
The German government has deferred a decision on granting Russian export licenses to Airbus Group NV’s defense and space arm after Vladimir Putin’s annexation of Crimea, two people familiar with the negotiations said.
Turkey isn’t politically fit to join the European Union and shouldn’t become a member, the lead candidate of Chancellor Angela Merkel’s Christian Democratic Union for European Parliament elections said.
The first-ever popular campaign for European Commission president got under way with Jean-Claude Juncker, a former prime minister of Luxembourg, winning the nomination of Europe’s center-right parties.