Maybe London’s Just Not All That Much Into You, Frankfurt

Now that national interest rates are up, I mean.

London

A German bid to buy the London Stock Exchange has been sunk by the EU competition watchdog.

The Frankfurt-based German exchange Deutsche Boerse was bidding to buy the LSE in a deal that critics have warned would be against Britain’s national interest.

The Art of the Deal: Die Europäische Union, aber auch die britische Regierung betreten damit ein völlig unbekanntes Gebiet. Desintegration war bislang nicht vorgesehen.

The German Renewable Energy Revolution Is Not Only Expensive

It. like, doesn’t “work.”

Money isn’t everything when it comes to renewable energy here. It has to effectively cut greenhouse gas emissions, too.

Energy

Or it ought to. That is, maybe it could at one point but isn’t doing so quite yet. It will one day, though. Honest. We hope.

Germany’s carbon dioxide emissions rose by 4m tonnes to 906m tonnes, an increase of 0.7 per cent, according to a study by Arepo Consult carried out for the opposition Green party.

The Greens said the figures meant it would become “even harder” for Germany to attain its declared goal of reducing greenhouse gas by 40 per cent by 2020 compared with 1990 levels

You Say You Want A Revolution?

An energy revolution? Then pay up front, Germany. It’s going to cost you a zillion dollars and you may not be able to come up with the cash for it later.

Germany

Germany spent 25 billion euros ($26 billion) on renewable energy in 2016, most of which—23 billion euros—consumers paid through a surcharge on their electricity bills. The rise in that surcharge is the single biggest reason that the amount the average German household spent on electricity rose to 1,060 euros in 2016, up 50% from 2007.

Turks Kick Off New Tourism Campaign To Lure Germans To Turkey By Calling Them Nazis

Its tourism sector taking a real battering this year for some inexplicable reason, Turkish authorities are now attempting to lure German tourists to Turkey by calling them Nazis.

Turkey

“Please come visit our beautiful country, you Nazi swine,” a representative of President Recep Tayyip Erdogan said yesterday in Berlin. “You are the infidel scum of the earth worthy to be put to a horrible death by slow roasting and will enjoy to the fullest our fascinating culture, stunning beaches and helpful, friendly personnel, all at an unbeatable low price.”

At the ITB fair in Berlin, 132 Turkish companies under the auspices of the Turkish Culture and Tourism Ministry will have the chance to promote the campaign.

Living Up To Contractual Obligations Causing Angst

Concerned about possibly turning Germany into a military superpower again by raising its defense spending from 1.3 to 2 percent of its gross domestic product (as agreed to by Germany many years ago in NATO), Germany’s foreign minister Sigmar Gabriel (SPD) says that this could cause angst elsewhere in Europe, and most certainly at the German ministry of finance, and therefore maybe ought to be put off for an other 10 to 15 years or so. Or maybe longer. It all depends.

Gabriel

Angst is a terrible thing, people. And so is Verarschung (being bullshited). But angst is worse, I guess.

“Für Deutschland unrealistisch.”

Peugeopel

That rolls right off your tongue, doesn’t it?

Opel

GM gets rescued by the American government (government is a code word for taxpayer, by the way), Opel gets rescued by the German government and Peugeot gets rescued by the French government. Is there a pattern developing here or something? Now GM is going to rescue itself out of Europe and dump its Opel on Peugeot, making it a Peugeopel. But who the hell would want to rescue one of those?

General Motors is in advanced talks to sell its European Opel subsidiary to France’s PSA Peugeot Citroen, Handelsblatt confirmed after Reuters broke the story. A Peugeot spokesperson told Handelsblatt that the two are in discussions “over the purchase of Opel.” A deal “could be announced within days,” sources told Reuters.

Seit Jahren versucht General Motors vergeblich, seine Marke Opel zu sanieren. Nun steht offenbar ein Verkauf an den französischen Konkurrenten Peugeot an.

German Air Farce Ready For Action

Only one of Germany’s eight way-over-budget Airbus A400M military transport planes is working at the moment, if working is the proper word for a military transport plane that will never actually be used anywhere anyway. Jeepers. That’s like, I dunno, less than half or something.

A400M

Germany’s defense minister Ursula von der Leyen apparently discovered this problem single handedly after the A400M she had taken for a visit to Lithuania broke down there.

Meanwhile… Countless aircraft belonging to German Billigflieger (budget airlines) loaded with countless tons of German tourists don’t seem to be having any technical problems whatsoever. Their number will be increasing dramatically this summer. You just got to set your priorities right these days, I guess.

Zum Sommer wächst das Angebot der Billigflieger an deutschen Flughäfen kräftig.

435,000 Bottles Of Beer On The Wall

435,000 bottles of beer.

Asylum

Expensive bottles of imported beer. No, make that deported beer.

“We carried over 435,000 cases into the new year and we want to have dealt with those this spring.”

“If there is virtually no prospect for a migrant to stay here, it makes sense to push for an early repatriation and to encourage that financially.”