Germany is set to reduce the number of companies being exempted from an environmental levy to appease European Union competition concerns and spread the costs of clean energy more fairly, a senior coalition lawmaker said.
The timing of German Chancellor Angela Merkel’s appointment for a third term next week, if her prospective Social Democrat partners approve a Nov. 27 coalition agreement, may present a windfall for drugmakers.
Beatrice Weder di Mauro, who made her name by being an expert on debt, can’t collect on one of her own: Nouriel Roubini owes her a bottle of Champagne for a 2012 bet they made about whether Greece would leave the euro. It didn’t, and she won.
The European Central Bank will require large banks to hold an extra capital buffer in the asset-quality review it is scheduled to perform next year, Executive Board member Yves Mersch told Frankfurter Allgemeine Zeitung in an interview published today.
The Federal Network Agency of Germany has told the regional government of the German state of Baden-Wuerttemberg that it may have to make the Philippsburg 1 nuclear reactor a reserve power plant, Frankfurter Allgemeine Zeitung reported in a preview of an article that will be published tomorrow.
Germany’s airline industry wants the country’s new tax on flight tickets to be abandoned because it is hurting the country’s airlines and smaller airports, Frankfurter Allgemeine Zeitung reported today.
Germany will destroy as many as 30 million doses of GlaxoSmithKline Plc’s Pandemrix swine flu vaccine valued at 250 million euros ($360 million) that remain unused a year after the World Health Organization declared the pandemic over, Frankfurter Allgemeine Zeitung said today.