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The idea is to use cheap, excess power generated from wind farms during periods of low or off-peak demand to pump the air into the caverns. It will then be released to generate power when demand is high.

Wind power developer Gaelectric is joining forces with US engineering specialist Dresser Rand to invest €355 million in a new energy storage venture i(...)

As coalition talks continue, Germany’s so-called five economic wise men  expressed concern yesterday that Christian Democratic Union leader Dr Angela Merkel’s third administration would be more interested in economic redistribution than ongoing reform. Photograph: Krisztian Bocsi/Bloomberg

Germany’s state economic advisers yesterday dismissed recapitalising EU banks from the European Stability Mechanism bailout fund and attacked as spend(...)

A Berliner at the launch of the euro in 2002. Many in Germany might conclude that they would be better off outside the euro zone.

The monetary policy of the European Central Bank has been too tight. This is shown in the fall of core annual inflation to just 0.8 per cent in the ye(...)

Youth unemployment

Youth unemployment is the most pernicious aspect of any recession. Being out of work, with little or no prospect of a job, can cause lasting damage to(...)

Allegations: Angela Merkel with Eckart von Klaeden. Photograph: Sean Gallup/Getty

A former senior aide to German chancellor Angela Merkel who has since joined Mercedes-Benz’s parent company, Daimler, is under investigation for alleg(...)

Social Democratic Party general  secretary Andrea Nahles: said her party would “in future rule out no coalitions, except with far-right parties”. Photograph: Tobias Schwarz/Reuters

Germany’s Social Democratic Party (SPD) has ended a two-decade political taboo and embraced the idea of entering a coalition with the hard-left Lin(...)

EU economic and monetary affairs commissioner Olli Rehn: he suggested an inquiry could help end a long-running dialogue between Germany and its critics. Photograph: Reuters/Francois Lenoir

The battle over Berlin’s record trade surplus moved up a gear today as the European Commission decided to prepare an in-depth analysis of Germany’s pe(...)

EU foreign policy chief Catherine Ashton and Iran’s foreign minister Mohammad Javad Zarif at a news conference  in Geneva over the weekend. PhotographL Jason Reed/Reuters

The Iranian foreign minister turned to a Twitter account to challenge US secretary of state John Kerry over the failure of talks last weekend in Genev(...)

A combination photograph of two formerly unknown paintings by German artist Otto Dix beamed on to a wall on November 5th in an Augsburg courtroom

Germany has responded to international criticism of how it has handed the discovery of a huge haul of lost art in Munich by publishing details of 25 w(...)

Manchester United duo Michael Carrick (pictured) and Danny Welbeck have been ruled out of England’s friendlies against Chile and Germany. Photograph: Nick Potts/PA Wire.

Manchester United duo Michael Carrick and Danny Welbeck have been ruled out of England’s friendlies against Chile and Germany through injury.Carrick (...)

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