Merz

Germany’s chancellor suggests Trump administration is being outwitted at negotiating table by TehranThe US is being “humiliated” by Iran’s leadership, according to Friedrich Merz, Germany’s chancellor, who suggested the Trump administration was being outwitted at the negotiating table by Tehran.Two days ago Donald Trump cancelled a trip by US negotiators to Islamabad for indirect talks with an Iranian delegation. A previous round in the Pakistani capital two weeks earlier, when JD Vance, the American vice-president, led the US delegation, broke up without progress. Continue reading...

The German chancellor has drawn condemnation from NGOs and members of his own governmentFriedrich Merz has drawn condemnation from NGOs and members of his own government after he called for the vast majority of Syrians living in Germany to “go back to their homeland.”The German chancellor, who was elected last year after promising a tough line on immigration in a bid to beat the far right, made the remarks during a visit to Berlin on Monday by the interim Syrian president Ahmed al-Sharaa. Continue reading...

Milan-based bank plans to up its near-30% stake in German lender to trigger formal talks despite strong opposition from BerlinTwo European banking powerhouses have become embroiled in a €35bn (£30bn) takeover battle after Italy’s UniCredit stepped up its long-running pursuit of German lender Commerzbank, despite strong opposition from the German government.UniCredit first took a stake of 9% in Commerzbank in September 2024 and has since built up its holding to just under 30%. It said on Monday it was pushing to increase that holding further and push the rival lender into formal merger talks. Continue reading...