Germany Wants to Attract Chip Makers With 14 Billion Euros State Aid

Germany’s government wants to attract chip makers with 14 billion euros ($14.71 billion) in support, Economy Minister Robert Habeck said on Thursday, adding that the lack of semiconductors used in …

https://www.usnews.com/news/technology/articles/2022-05-05/germany-wants-to-attract-chip-makers-with-14-billion-euros-state-aid

Germany Charters LNG Hubs From Uniper, RWE to Reduce Dependency on Russia

Uniper SE said Germany is chartering two floating storage and regasification units to import gas as it aims to strengthen security of gas supply and reduce dependency on Russian gas, following a …

https://www.wsj.com/livecoverage/russia-ukraine-latest-news-2022-05-05/card/germany-charters-lng-hubs-from-uniper-rwe-to-reduce-dependency-on-russia-9CVf4dbpDH77ltTNSDj1

Zelensky invites Germany’s Scholz and Steinmeier to Kyiv

Ukraine’s President Volodymyr Zelensky has invited Germany’s Chancellor Olaf Scholz and President Frank-Walter Steinmeier to visit, the German president’s office said on Thursday, three weeks after …

https://news.yahoo.com/zelensky-invites-germanys-scholz-steinmeier-130336157.html

Germany ramps up capacity for LNG imports to replace Russian gas

FRANKFURT (Reuters) -Germany took steps to ramp up liquefied natural gas (LNG) imports on Thursday as it moves away from piped Russian supply, renting four floating storage and regasification units …

https://www.reuters.com/article/ukraine-crisis-germany-energy/germany-ramps-up-capacity-for-lng-imports-to-replace-russian-gas-idUSKCN2MR0M5

Exclusive-Germany begins filling western Europe’s biggest gas storage site

Germany has started filling the huge Rehden gas storage facility abandoned by Russia’s Gazprom, the site’s state-appointed manager said on Thursday, as Europe’s biggest economy looks to guard against …

https://www.reuters.com/article/ukraine-crisis-germany-gazpromgermania-e-idUSKCN2MR0WT

Building starts on Germany’s liquefied natural gas terminals

Germany has begun building its first terminal for importing liquefied natural gas from the United States and the Middle East as the government continues to cut …

https://www.thetimes.co.uk/article/building-starts-on-germanys-liquefied-natural-gas-terminals-zxdg7bxbq

Germany’s Military Industry Gears Up to Restock Its Own Forces

The country’s chancellor has pledged about $100 billion to rebuild its army, but that increase in spending may not be enough to reverse years of neglect, experts say.

https://www.nytimes.com/2022/05/05/business/germany-military-ukraine-russia.html

Re-Elected French President Macron to Meet With Germany’s Scholz on Monday – Elysee

French President Emmanuel Macron will travel to Germany for a first official visit after his re-election on Monday, the Elysee told Reuters on Thursday. The talks with German Chancellor Olaf Scholz …

https://www.usnews.com/news/world/articles/2022-05-05/re-elected-french-president-macron-to-meet-with-germanys-scholz-on-monday-elysee

Industrial strength amplifies Germany’s carbon challenge

We’ll send you a myFT Daily Digest email rounding up the latest Germany news every morning. If Europe is ever to reach its climate targets, the road to doing so will lie through Germany. The country …

https://www.ft.com/content/c807ad33-4061-4db7-8e8e-8eca2c0db702

Germany’s trade hit by sanctions on Russia

Germany’s trade surplus fell sharply in March after a collapse in exports to Russia in the wake of sanctions being imposed on Moscow. Europe’s largest economy and export powerhouse reported a 62 per …

https://www.thetimes.co.uk/article/germanys-trade-hit-by-sanctions-on-russia-jfl203wgc