Germany’s government dismissed a potential hostile takeover of Commerzbank AG by UniCredit SpA as “unacceptable” after the Italian lender made a €35 billion ($40 billion) bid for the Frankfurt-based bank.
The Commerzbank AG headquarters, near the Euro sculpture in the financial district of Frankfurt, Germany, on Thursday, Sept. 12, 2024. Commerzbank is taking the precautionary move ahead of its engagement with UniCredit SpA, according to people familiar with the matter.
Germany expects to release part of its national oil reserves if a proposal by the International Energy Agency is accepted, Economy Minister Katherina Reiche said.
Germany’s economy is expected to suffer only a minor setback from the war in Iran if the conflict doesn’t escalate further, according to the German Institute for Economic Research in Berlin.
A steelworks in Germany. Photographer: Alex Kraus/Bloomberg
Germany’s economy is expected to suffer only a minor setback from the war in Iran if the conflict doesn’t escalate further, according to the German Institute for Economic Research in Berlin.
A steelworks in Germany. Photographer: Alex Kraus/Bloomberg
Germany’s economy is expected to suffer only a minor setback from the war in Iran if the conflict doesn’t escalate further, according to the German Institute for Economic Research in Berlin.
A steelworks in Germany. Photographer: Alex Kraus/Bloomberg
German Vice Chancellor Lars Klingbeil warned that large oil industry players are taking advantage of the Middle East crisis to make money.
Lars Klingbeil, Germany's finance minister, at a Eurogroup meeting in Brussels, Belgium, on Monday, March 9, 2026. The French government said the possibility of releasing strategic oil reserves would be discussed at a virtual meeting of Group of Seven finance ministers Monday.
The current situation in energy markets — triggered by the war in Iran — would allow for the release of strategic oil reserves, according to European Union Economy Commissioner Valdis Dombrovskis.
Valdis Dombrovskis, economy commissioner for the European Union (EU), during a news conference following a Eurogroup meeting in Brussels, Belgium, on Monday, March 9, 2026. The French government said the possibility of releasing strategic oil reserves would be discussed at a virtual meeting of Group of Seven finance ministers Monday. Photographer: Omar Havana/Bloomberg
The current situation in energy markets — triggered by the war in Iran — would allow for the release of strategic oil reserves, according to European Union Economy Commissioner Valdis Dombrovskis.
The current situation in energy markets — triggered by the war in Iran — would allow for the release of strategic oil reserves, according to European Union Economy Commissioner Valdis Dombrovskis.
European Union Economy Commissioner Valdis Dombrovskis said euro-area finance chiefs will talk about a possible joint release of oil reserves after crude smashed through $100 a barrel.
European Union Economy Commissioner Valdis Dombrovskis said euro-area finance chiefs will talk about a possible joint release of oil reserves after crude smashed through $100 a barrel.
European Union Economy Commissioner Valdis Dombrovskis said euro-area finance chiefs will talk about a possible joint release of oil reserves after crude smashed through $100 a barrel.
The German government has set up a task force to assess whether action may be required to contain fuel-price gains triggered by the Middle East conflict though it sees no immediate need to intervene.
US companies criticized a plan by Poland’s Digital Affairs Ministry to implement a digital services tax, saying it would unfairly target some of the country’s biggest foreign investors.
US companies criticized a plan by Poland’s Digital Affairs Ministry to implement a digital services tax, saying it would unfairly target some of the country’s biggest foreign investors.
US companies criticized a plan by Poland’s Digital Affairs Ministry to implement a digital services tax, saying it would unfairly target some of the country’s biggest foreign investors.
The German government expects Europe’s biggest economy to emerge from three years of stagnation in 2026, but a heavy reliance on state spending shows fostering a broader-based recovery remains a work in progress.
Gross domestic product is seen expanding by 1% this year. Photographer: Krisztian Bocsi/Bloomberg
The German government expects Europe’s biggest economy to emerge from three years of stagnation in 2026, but a heavy reliance on state spending shows fostering a broader-based recovery remains a work in progress.
Gross domestic product is seen expanding by 1% this year. Photographer: Krisztian Bocsi/Bloomberg
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