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36%  
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Keyword: zypries

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  • German economy minister wants tougher foreign investment rules

    03/04/2018 2:42:41 PM PST · by Olog-hai · 2 replies
    TheLocal.de ^ | 3 March 2018 14:56 CET+01:00 | AFP
    Germany’s economy minister on Saturday suggested tightening the rules on foreign investment, following concern over Chinese influence on European firms. Last month, it emerged that Chinese billionaire Li Shufu had quietly bought a near-10-percent stake worth around €7.2 billion ($8.9 billion) in German car giant Daimler — making him the group’s largest shareholder. “We must always adapt our law on the external economy according to new developments, including the threshold at which (the government) can become involved,” Economy Minister Brigitte Zypries told the weekly Der Spiegel. Currently, Berlin can scrutinize a transaction and possibly prevent it, if the foreign investor...
  • Germany vows legal action if Trump taxes imports

    03/17/2017 8:12:03 AM PDT · by Olog-hai · 18 replies
    TheLocal.de ^ | 17 March 2017 10:22 CET+01:00 | AFP
    Germany could take the United States to court if Washington goes ahead with plans to tax imports, Economy Minister Brigitte Zypries said Friday, hours before Chancellor Angela Merkel’s first meeting with Donald Trump. “I’m betting partly on reason and partly on the courts” to prevent a damaging trade war, Zypries told Deutschlandfunk public radio. The minister’s combative stance comes ahead of Merkel’s first meeting with Trump in Washington and a gathering of G20 finance ministers in Baden-Baden, western Germany, set to be dominated by the US president’s “America First” policy. […] If a US border tax was found to breach...