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German Court Rules Milka Misled Consumers With Shrinking Chocolate Bar

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A court in Germany has ruled that chocolate maker Mondelēz International misled consumers by reducing the size of its popular Milka Alpenmilch chocolate bar while keeping nearly identical packaging. The case, brought by Hamburg’s consumer protection office, accused the company of deceiving buyers after shrinking the bar from 100g to 90g while also increasing the […]

EU Rejects Putin’s Proposal for Schroeder Role in Russia Security Talks

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European Union foreign ministers have rejected Russian President Vladimir Putin’s suggestion that former German Chancellor Gerhard Schroeder could represent Europe in future security negotiations with Moscow. Putin recently said he was open to discussing new security arrangements for Europe and named Schroeder as his preferred negotiating partner. However, EU leaders

German Minister Blames Trump Iran Policy for Economic Slowdown and Tax Revenue Drop

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Germany’s finance minister Lars Klingbeil has blamed former US President Donald Trump’s “irresponsible war in Iran” for a sharp decline in Germany’s expected tax revenues. Speaking in Berlin, he said the conflict had triggered a “global energy shock,” contributing to weaker economic performance. German authorities have cut projected tax revenues for 2026–2030 by about €70

Commerzbank to Cut 3,000 Jobs as It Resists UniCredit Takeover Push

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Commerzbank announced plans to cut 3,000 jobs and raise its long-term profit targets as it fights to remain independent amid a takeover attempt by Italy’s UniCredit. The German bank said the restructuring would strengthen revenue and profitability by 2028, while criticizing UniCredit’s €37 billion takeover proposal as unclear and risky. Commerzbank also expects around €450

Rheinmetall Seeks €12 Billion to Take Over German Warship Project

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German defense company Rheinmetall is seeking around €12 billion from the government to take control of the troubled F126 frigate programme, according to reports. The proposed deal would significantly raise the total cost of building six warships to nearly €14 billion, reflecting delays and rising expenses in the project. The company’s naval division has reportedly […]