While rebalancing due to valuation extremes is a key driving force, the prospect of higher defence spending in Europe has added a major tailwind - with the outcome of Germany's elections also likely to decide whether a new government in Berlin will have the two-thirds parliamentary support needed to loosen the so-called 'debt brake' embedded in its constitution.
Vladimir Solovyov, a Russian state TV host and key ally to Russian President Vladimir Putin, said Moscow could "erase" Germany "off the face of the earth" during a recent broadcast. Newsweek reached out to the German embassy for comment via email on Thursday.
The future of Ukraine hangs in the balance as U.S. officials head to Saudi Arabia to begin direct negotiations with Moscow over ending the war, leaving Kyiv and its European allies scrambling to come up with a strategy for their own security.
Some German industries in the east of the country are already planning for the time when Russian gas returns to Europe encouraged by the efforts of US President Donald Trump to end the war in Ukraine.
The once poorly equipped German military is rising to a new challenge: Protecting the Baltic from Vladimir Putin’s ‘hybrid warfare’
Friedrich Merz, who is poised to become Germany’s next chancellor, has warned Nato could be finished and Europe must prepare to build an alliance “independent” from the US.
Moscow’s decision to cut off natural gas supplies to Germany in the wake of Russia’s invasion of Ukraine dealt a severe blow. For years, Germany’s business model was based on cheap energy fueling production of industrial goods for export. In 2011 ...
PRESIDENT Donald Trump has denied claims that he will visit Vladimir Putin in Moscow for the May 9 victory day parade. It comes after French outlet Le Point claimed, citing Russian sources, that
The leader of the Alternative for Germany (AfD) party has been endorsed by Donald Trump - and looks set to make huge gains in this weekend's snap election.
Russia has responded furiously after Italy's president equated its war in Ukraine to the aggression of Nazi Germany, fueling existing tensions between Rome and Moscow over the conflict.
Ahead of federal elections, a far-right political party leader in Germany is calling to lift sanctions on Russia and resume trade.
As EADaily reported, early parliamentary elections are being held in Germany today. Polling stations are open from 10.00 to 20.00 Moscow time. The elections are held ahead of schedule due to a vote of no confidence in the government of Olaf Scholz, who himself initiated the vote after the collapse of the Traffic Light coalition.