Germany

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Illustration of a heatwave in Europe driving up electricity prices to record highs.
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Electricity prices in Europe surge due to heatwave

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The ongoing heatwave is driving electricity prices in Europe to unusual highs. On Wednesday evening, power was traded for nearly 750 euros per megawatt hour.

Entrepreneur Martin Herrenknecht has threatened to relocate parts of his company amid a dispute over traffic calming measures in Schwanau. The 83-year-old criticized the placement of flower pots in front of his factory premises.

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The Defense Ministry draws a positive balance five months after the launch of the new voluntary military service. Around 298,200 letters were sent by mid-June 2026.

Chancellor Friedrich Merz and Labor Minister Bärbel Bas announced Tuesday morning that all 33 recommendations of the pension commission will be fully implemented. The package is to be turned into law quickly.

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Alice Weidel held the Berlin AfD election campaign kickoff in an oriental wedding hall in Neukölln and called for deportations.

A survey by Appinio for Indeed shows that two thirds of employees in Germany are considering a job abroad.

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Germany's financial regulator BaFin has taken action against the Deutsche Finance Group. Around 50,000 private investors are affected by the measures. The authority is demanding information and documents on closed public funds.

Jumatano, 24. Mwezi wa sita 2026, 14:42:13

Fabian Billing to become sole European on McKinsey Shareholders Council

Jumatano, 24. Mwezi wa sita 2026, 14:26:08

Merz meets European partners to prepare NATO summit

Jumatano, 24. Mwezi wa sita 2026, 12:34:49

Defense Ministry plans to cancel F126 frigate project

Jumatano, 24. Mwezi wa sita 2026, 10:15:43

Managers warn of bioweapon risks from AI and gene tech

Jumatano, 24. Mwezi wa sita 2026, 06:23:43

Deutsche Bahn suffers nationwide outage due to GSM-R failure

Jumanne, 23. Mwezi wa sita 2026, 00:30:50

Deutsche Bahn resumes train services after nationwide disruption

Jumatatu, 22. Mwezi wa sita 2026, 18:30:31

Halle pool bars entry to visitors lacking German skills

Jumatatu, 22. Mwezi wa sita 2026, 17:31:27

DAX closes above 25,000 points after progress in US-Iran talks

Jumatatu, 22. Mwezi wa sita 2026, 09:43:16

Pension commission presents 33 reform recommendations

Jumatatu, 22. Mwezi wa sita 2026, 06:52:18

Söder warns of AfD surge: the situation is much more serious

 

 

 

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