Tuesday, January 20, 2026
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Tag: Olaf Scholz

German ministers face grilling over Wirecard collapse

Germany's finance and economy ministers will be grilled by lawmakers on Wednesday about the massive fraud scandal that brought down payments provider Wirecard, amid...

Germany vows to beef up finance watchdog after Wirecard drama

German Finance Minister Olaf Scholz said Sunday he wanted to overhaul the country's finance watchdog Bafin and give it more powers after a massive...

Wirecard fraud an ‘unparallelled scandal’–German finance minister

Berlin, Germany"•The dramatic collapse of payments provider Wirecard is an “unparalleled scandal,” Germany’s finance minister said Thursday, after the group filed for insolvency as...

Lufthansa readies backup plans amid opposition to $10.1B rescue package

Frankfurt--German airline group Lufthansa says it has backup plans ready in case shareholders reject a nine-billion-euro ($10.1 billion) pandemic rescue plan agreed with the...

Merkel’s future in the balance

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