In a significant development, a strategic plan by the German government sees offshoots in new green financing norms aimed at steering capital towards environmental projects and developing Germany into a leading hub for sustainable finance. The Sustainable Finance Strategy which plans on listing 26 individual measures is scheduled to be adopted by the cabinet on…
As per a report from German news magazine Der Spiegel, Russia’s GRU military intelligence may have gained access to many e-mails from German Chancellor Angela Merkel’s constituency office in a 2015 cyber attack on Germany’s parliament. A spokesman for the German government had no immediate comment. Federal criminal police along with Germany’s federal cyber agency…
Despite its vociferous campaigning last year for levying a 3% tax on the digital earnings of global tech firms, the SPD backed down after concluding that such a move would not be productive. On Wednesday, Germany’s Bild newspaper stated, the country’s finance ministry has, given up its plan of levying more taxes on internet giants,…
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