Tag: CDU

German coal phase out could be delayed

German coal phase out could be delayed

Germany’s planned 2038 coal phase out could be delayed beyond its deadline if energy security issues arise, according to a senior legislator in Angela Merkel’s CDU. Last Saturday a commission proposed the phase out with the goal of mapping out Germany’s transition to a more environmentally friendly low carbon economy, […]

FTSE surges with little sign of slow down

FTSE surges with little sign of slow down

The FTSE 100 surged 1.854pc to 7,068.23, boosted by the announcement the German Chancellor Angela Merkel would not run for re-election as head of the CDU party, with little sign of the UK index slowing down as lunchtime approached. Global mining giants led the surge of the FTSE 100, with […]

Germany concede 2020 climate targets

Germany concede 2020 climate targets

The two biggest political parties in Germany yesterday agreed to write off the 2020 climate targets of reducing greenhouse gas emissions by 40% from 1990 levels, according to sources close to the coalition negotiations. Christian Democratic Union (CDU) is seeking to form a coalition government with the Social Democratic Party […]

SDP agree on coalition talks with Merkel

SDP agree on coalition talks with Merkel

Angela Merkel’s chances of extending her leadership of Europe’s largest economy look to have significantly improved as the Social Democratic Party (SDP) agree to enter coalition negotiations. The vote on Sunday that saw 56% of SDP delegates support the coalition talks spread a collective sigh of relief both in Berlin […]

SPD could support a potential fourth term for Merkel

SPD could support a potential fourth term for Merkel

The Social Democratic Party (SPD), Germany’s biggest opposition party is said to be open to talks with Angela Merkel’s Christian Democratic Union (CDU) to help the Chancellor restore power over Europe’s largest economy. Following the collapse of negotiations between the CDU and three other parties over disagreement on energy and […]

German coalition negotiations collapse amidst energy, migration disputes

German coalition negotiations collapse amidst energy, migration disputes

Discussions to form a coalition government in Germany have collapsed after the four parties involved have failed to resolve issues over energy and migration. Leader of the Free Democrats (FDP), Christian Lindner, said: “The four discussion partners have no common vision for modernisation of the country or common basis of […]

German Greens back down on coal demands

German Greens back down on coal demands

Germany’s Greens have backed down on their energy policy in coalition negotiations to build a government with Angela Merkel’s Christian Democrats (CDU) and the Free Democrats (FDP). The Greens had previously called for abandoning the use of coal as a source of energy by 2030. However, the party has dropped […]

Armin Laschet, top candidate of conservative Christian Democratic Union (CDU) in North Rhine-Westphalia and German Chancellor Angela Merkel attend an election rally in Aachen, Germany, May 13, 2017. REUTERS/Thilo Schmuelgen - RTX35MVZ

CDU sweep to victory in North Rhine-Westphalia

The Christian Democratic Union (CDU) won the largest share of the vote, 33%, in the state election in North Rhine-Westphalia (NRW). The victory by the CDU strengthen’s the position of Chancellor Merkel and undermines her rival for the Chancellorship Martin Shulz of the Social Democrats (SPD). The SPD were the […]