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Breaking news: Finance Minister Klingbeil wants to rack up 170 billion euros in debt in two years
n-tv.de/newsletter/breakingnews/Finanzminister-Klingbeil-will-in-zwei-Jahren-170-Milliarden-Euro-Schulden-machen-article25853336.html
Breaking news: Finance Minister Klingbeil wants to rack up 170 billion ...
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Klingbeil Proposes Massive Debt Increase for Defense, Infrastructure
Over 170 billion euros in new loans planned for 2025 and 2026 to fund infrastructure upgrades and boost defense spending.
Key Facts6h · Reading time: ~30 sec.
Summary created with AI assistance · Source: n-tv.de
  • The government plans to borrow more than 170 billion euros in 2025 and 2026, a sharp rise from 33.3 billion euros in 2024.

  • A special fund of up to 500 billion euros will finance infrastructure, digitalization, hospitals, and climate protection over a 12-year period.

  • Defense spending is set at 75 billion euros in 2025, achieving a NATO target of 2.4% of GDP, with further increases planned through 2029.

  • The 2025 budget is expected to be approved before the summer break, while the 2026 budget framework will be finalized by the end of July.
Government wants to incur 143 billion euros in new debt this year: Federal Finance Minister Lars Klingbeil (SPD) is launching comprehensive tax cuts for ...
morgenpost.de/politik/article409335950/regierung-will-dieses-jahr-143-milliarden-euro-neue-schulden-machen.html
Government wants to incur 143 billion euros in new debt this year
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Record Debt Planned by German Government Through 2029
Germany aims to increase debt by €846.9 billion by 2029 to fund defense, infrastructure, and social programs amid challenging conditions.
Key Facts6h · Reading time: ~45 sec.
Summary created with AI assistance · Source: welt.de
  • The coalition government intends to incur €846.9 billion in new debt by 2029, enabled by recent constitutional amendments.

  • Funds will primarily support infrastructure projects, defense spending, and social benefits such as expanded parental pensions.

  • Core budget expenditures are set to surpass €500 billion, with special defense and infrastructure costs rising to €121.2 billion annually by 2029.

  • These steps aim to enhance security, boost investment, and implement structural reforms focused on efficiency and economic growth.
  • We are enabling a modernization boost.
    — A government member commented on the new debts and their impact on the economy.
Media coaching puts Babler in trouble: An interview coaching for 6000 euros brings SP Vice-Chancellor Andreas Babler criticism. Not only on “ZiB 2”.
diepresse.com/19822717/medien-coaching-bringt-babler-in-bedraengnis
Media coaching puts Babler in trouble
Defense spending: Defense budget to rise to more than €150 billion by 2029: The German defense budget is expected to grow enormously in the coming years ...
berliner-zeitung.de/news/wehretat-soll-bis-2029-auf-mehr-als-150-milliarden-euro-steigen-li.2335932
Defense spending: Defense budget to rise to more than €150 billion by 2029
Only 22 euros: H&M shows how elegant shorts can be in summer 2025: Summery, versatile, and elegant - | H&M presents the most beautiful shorts for summer 2025 ...
elle.de/fashion/modetrends/nur-22-euro-hm-zeigt-wie-elegant-shorts-im-sommer-2025
Only 22 euros: H&M shows how elegant shorts can be in summer 2025
San Juan bathing banned on Fuengirola's beaches: fines of up to 1,500 euros for those who do not comply
surinenglish.com/malaga/mijas-fuengirola/san-juan-bathing-banned-fuengirolas-beaches-fines-20250623183258-nt.html
San Juan bathing banned on Fuengirola's beaches: fines of up to 1 ...
Allianz: This is how much dividend is now in it: Allianz continuously increases dividend; for 2023 to €13.80 per share; outlook until 2028 positive.
deraktionaer.de/artikel/aktien/allianz-so-viel-dividende-ist-jetzt-drin-20382114.html
Allianz: This is how much dividend is now in it
Is cash becoming a risk? What you need to consider when paying in the future?: Large cash payments such as for cars or gold will soon be taboo: A new EU-wide ...
nord24.de/verbraucher/wird-bargeld-zum-risiko-was-es-kuenftig-beim-zahlen-zu-beachten-gilt-299852.html
Is cash becoming a risk? What you need to consider when paying in the ...
Defense spending: Nato states agree on five percent target: Even before the summit in The Hague, the Nato states agree to spend five percent of their gross ...
handelsblatt.com/politik/international/verteidigungsausgaben-nato-staaten-einigen-sich-auf-fuenf-prozent-ziel/100136649.html
Defense spending: Nato states agree on five percent target
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Spain Opposes NATO Defence Spending Increase Pre-Summit
Spain rejects 5% GDP defence spending target, risking NATO unity ahead of the June 24-25 summit in the Netherlands.
Key FactsJun 20 · Reading time: ~45 sec.
Summary created with AI assistance · Source: globalnews.ca
  • Spain refuses to commit to raising defence spending to five percent of GDP, viewing the target as unreasonable and counterproductive.

  • Other NATO members like Belgium, Canada, France, and Italy also face challenges funding the required billions for security upgrades.

  • NATO aims to boost combined defence and infrastructure investment by 2032 to counter threats from Russia and enhance military readiness.

  • Disagreements over spending targets threaten to disrupt the upcoming NATO summit and heighten tensions within the alliance.
  • Committing to a five percent target would not only be unreasonable, but also counterproductive.
    Pedro Sánchez, Prime Minister of Spain, in a letter to NATO Secretary-General Mark Rutte.
IMK forecast: Germany to overtake USA in terms of growth in 2026: The trade union-affiliated IMK Institute is optimistic that the German economy will take off ...
handelsblatt.com/politik/konjunktur/imk-prognose-deutschland-soll-usa-2026-beim-wachstum-ueberholen/100136756.html
IMK forecast: Germany to overtake USA in terms of growth in 2026
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Germany Set to Surpass US Economic Growth in 2026
IMK forecasts Germany's GDP to grow 1.5% in 2026, exceeding the US and Eurozone growth rates for that year.
Key Facts9h · Reading time: ~45 sec.
Summary created with AI assistance · Source: handelsblatt.com
  • After two years of recession, IMK projects a modest GDP increase of 0.2% for Germany in 2025.

  • A stronger growth of 1.5% is expected in 2026, outperforming both the US and the Euro area.

  • The recovery is driven by rising private consumption and significant government investments and incentives.

  • The German government plans over 40 billion euros in investments in 2026 to further stimulate economic growth.
  • After Germany was labeled as the sick man of Europe for some time, great hopes are now being placed in the new government both domestically and at the European level. This could indeed become a turnaround story.
    Joachim Nagel, President of the Bundesbank, on Germany's economic future.
Aldi customer describes crazy scenes - | 'go at each other's throats for 4 euros'
infranken.de/deutschland/aldi-kunde-schildert-irre-szenen-gehen-sich-fuer-4-euro-an-gurgel-art-6231373
Aldi customer describes crazy scenes - | 'go at each other's ...
Feigned great love: Salzburg woman lost 47,000 euros to internet scammers: SALZBURG. A woman from the Flachgau region of Salzburg has lost 47 ...
nachrichten.at/panorama/chronik/salzburgerin-verlor-47000-euro-an-internetbetrueger;art58,4062287
Feigned great love: Salzburg woman lost 47,000 euros to internet scammers
Commentary on poverty in old age in Germany: it mainly affects old women: There is a simple solution to the pension issue: the young must pay more and the old ...
taz.de/Kommentar-zur-Altersarmut-in-Deutschland/!vn6095718/
Commentary on poverty in old age in Germany: it mainly affects old women
Trillion-euro risk - | the German construction industry declares a state of emergency
welt.de/wirtschaft/plus256293968/Billionen-Euro-Risiko-die-deutsche-Bauwirtschaft-ruft-den-Notfall-aus.html
Trillion-euro risk - | the German construction industry declares a state ...
Upscale restaurant "Fabios": Benko Foundation cashes in on shares: The "Laura Private Foundation," a key custodian of Signa founder René Benko's family ...
profil.at/investigativ/signa/nobel-lokal-fabios-benko-stiftung-versilbert-anteile/403052264
Upscale restaurant
600 euros more for members of the Bundestag despite the economic crisis: this is how risky the “unfair” parliamentary allowance increase is
az-online.de/politik/600-euro-mehr-fuer-abgeordnete-trotz-wirtschaftskrise-so-riskant-ist-die-unfaire-diaetenerhoehung-zr-93795822.html
600 euros more for members of the Bundestag despite the economic crisis: ...
Wind power boom: Electricity traders earn big profits from short-term contracts: While consumers are financing the energy transition, AI nerds are making ...
berliner-zeitung.de/wirtschaft-verantwortung/wolf-of-windkraft-wie-stromhaendler-dank-kuenstlicher-intelligenz-milliarden-machen-li.2334713
Wind power boom: Electricity traders earn big profits from short-term ...
New EU plan: pets to become even more expensive: The EU is planning to introduce a new obligation for pets soon. This will affect all dogs and cats ...
schwaebische.de/panorama/neuer-eu-plan-haustiere-sollen-noch-teurer-werden-3685958
New EU plan: pets to become even more expensive
Economic policy: Chancellor Merz's nine-point plan for the economy: On “German Industry Day”, Merz and Finance Minister Klingbeil want to present the economy ...
handelsblatt.com/politik/deutschland/wirtschaftspolitik-kanzler-merz-neun-punkte-plan-fuer-die-wirtschaft/100136219.html
Economic policy: Chancellor Merz's nine-point plan for the economy
Jobcenter pays 5,000 euros for car - despite planned cuts to citizens' allowance: The job center wants to support people into work with up to 8,000 euros ...
nord24.de/finanzen/jobcenter-zahlt-5000-euro-fuer-auto-trotz-geplanter-buergergeld-kuerzungen-299642.html
Jobcenter pays 5,000 euros for car - despite planned cuts to citizens' ...
Holiday routine becomes an administrative offense: The "sunglasses ban" in Mallorca
berliner-zeitung.de/panorama/urlaubsroutine-wird-ordnungswidrigkeit-das-sonnenbrillenverbot-auf-mallorca-li.2335857
Holiday routine becomes an administrative offense: The
32 kilos of cocaine and cannabis herb worth 2.5 million euros sold: Albanian gang allegedly sold cocaine and cannabis herb in the Vienna area - | Ten suspects in ...
kleinezeitung.at/oesterreich/19821269/kokain-und-cannabiskraut-im-wert-von-2-5-millionen-euro-verkauft
32 kilos of cocaine and cannabis herb worth 2.5 million euros sold
4,500 euros for a driving license? Now the government wants to intervene: Thousands of euros for a car driver's license? Transport Minister Schnieder is planning ...
nord24.de/verbraucher/4500-euro-fuer-den-fuehrerschein-jetzt-will-die-regierung-eingreifen-299608.html
4,500 euros for a driving license? Now the government wants to intervene
"Anyone who acts like this is damaging the railways": Deutsche Bahn is receiving almost 20 billion euros to renovate the rail network. But parts of the executive ...
sz.de/li.3273130
Because of the citizens' allowance: Billion-euro hole in health insurance funds could be even bigger
fr.de/wirtschaft/wegen-buergergeld-milliarden-loch-bei-krankenkassen-koennte-noch-groesser-sein-zr-93796786.html
Because of the citizens' allowance: Billion-euro hole in health insurance ...
Should Renk and Hensoldt sell now? "More risks than opportunities": Citigroup has downgraded Renk and Hensoldt - | both to "Sell"
deraktionaer.de/artikel/aktien/renk-und-hensoldt-jetzt-verkaufen-eher-risiken-als-chancen-20382072.html
Should Renk and Hensoldt sell now?
New amusement park "Hossoland" opens in June - | One hour from Świnoujście: The date of the new amusement park near Kolberg's opening has now been confirmed ...
ostsee-zeitung.de/lokales/vorpommern-greifswald/usedom/neuer-freizeitpark-eroeffnet-noch-im-juni-eine-stunde-von-swinemuende-entfernt-BTHGRAYXNVATRDMZHSDK5IK6VA.html
New amusement park
Inflation at the scoop - why ice cream is suddenly a luxury: Two euros for a scoop of vanilla? Summer is here - and with it the debate about rising prices in the ...
fr.de/wirtschaft/inflation-bei-der-kugel-warum-eis-ploetzlich-luxus-ist-zr-93796934.html
Inflation at the scoop - why ice cream is suddenly a luxury
Will electricity blad cost less money? What the Merz government is planning: The Merz government has announced an electricity price offensive to relieve the ...
infranken.de/ratgeber/karriere-geld/strom-billiger-weniger-kosten-plan-bundesregierung-merz-bis-juli-details-art-6226365
Will electricity blad cost less money? What the Merz government is ...
Will the minimum wage rise to 15 euros? - Pressure on the commission is growing: The discussion about the future level of the minimum wage continues ...
zdfheute.de/politik/deutschland/mindestlohn-15-euro-mindestlohnkommission-faq-100.html
Will the minimum wage rise to 15 euros? - Pressure on the commission is ...
Porsche tunnel in Salzburg approved by the authorities: The project should be viewed positively from a spatial planning perspective. The controversial ...
derstandard.at/story/3000000274449/porsche-tunnel-in-salzburg-wird-vom-amt-freigegeben
Porsche tunnel in Salzburg approved by the authorities
Electricity storage in every home: expensive hype or genuine independence from corporations?
derstandard.at/story/3000000274795/stromspeicher-in-jedem-zuhause-teurer-hype-oder-echte-unabhaengigkeit-von-konzernen
Electricity storage in every home: expensive hype or genuine independence ...
Porsche heir wants to dig a private tunnel through Salzburg: To get to his little castle, Wolfgang Porsche wants to build a private tunnel through the ...
watson.ch/!478425864
Porsche heir wants to dig a private tunnel through Salzburg
AfD politician Maximilian Krah owes Jan Böhmermann money - claims the satirist: According to his own statement, AfD politician Maximilian Krah owes the presenter ...
berliner-zeitung.de/news/afd-politiker-maximilian-krah-schuldet-jan-boehmermann-geld-behauptet-der-satiriker-li.2335574
AfD politician Maximilian Krah owes Jan Böhmermann money - claims the ...
How addictive is Germany?: The consumption of illegal drugs in Germany is increasing overall. However, the legal intoxicants alcohol and tobacco still cause by ...
spektrum.de/news/welche-und-wie-viele-drogen-werden-in-deutschland-konsumiert/2263928
How addictive is Germany?
Car leaves the road and only stops after 100 meters - but a mystery remains: Five people were in the car when it left the road. When the police arrived ...
schwaebische.de/regional/ulm-alb-donau/blaustein/auto-ueberschlaegt-sich-keiner-der-fuenf-insassen-will-am-steuer-gesessen-haben-3691066
Car leaves the road and only stops after 100 meters - but a mystery ...
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Mysterious Crash: Driver Unknown After Car Flip
A Mercedes flipped after traveling 100 meters; five occupants unharmed, police continue investigation to identify the driver.
Key FactsJun 22 · Reading time: ~30 sec.
Summary created with AI assistance · Source: schwaebische.de
  • A Mercedes left the road on a left curve between Dornstadt and Blaustein and flipped after more than 100 meters.

  • Five people were inside the vehicle, but none admitted to driving.

  • Passersby alerted fire and medical teams, who examined all occupants and found no injuries.

  • The Mercedes was towed with damage costing several tens of thousands of euros, and police are still investigating the driver’s identity.
Fueling is more expensive in many travel destinations than in Austria: In Italy, Germany, and Greece, gasoline and diesel prices are sometimes significantly ...
kleinezeitung.at/wirtschaft/19821687/tanken-ist-in-vielen-reiselaendern-teurer-als-in-oesterreich
Fueling is more expensive in many travel destinations than in Austria
Debt cut and cash injection: Chip manufacturer Wolfspeed wants bankruptcy: High debts and US tariffs are forcing chip manufacturer Wolfspeed to its knees ...
n-tv.de/wirtschaft/Chip-Hersteller-Wolfspeed-will-die-Insolvenz-article25852429.html
Debt cut and cash injection: Chip manufacturer Wolfspeed wants bankruptcy
Six billion euros for investors - ATX companies pay out high dividends: Of 20 ATX companies, only three are foregoing a dividend. The reason is the worsening ...
derstandard.at/story/3000000274597/sechs-milliarden-euro-fuer-anleger-atx-unternehmen-schuetten-hohe-dividende-aus
Six billion euros for investors - ATX companies pay out high dividends
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Controversy Over €5000 Car Grant for Welfare Recipients
Dortmund’s Jobcenter offers up to €8000 for vehicle and license costs to welfare recipients accepting certain jobs since May 2023.
Key FactsJun 19 · Reading time: ~45 sec.
Summary created with AI assistance · Source: schwaebische.de
  • A welfare-receiving couple with two children currently obtains about €3000 net monthly including housing and health costs.

  • Since May 27, 2023, Dortmund’s Jobcenter provides up to €5000 toward car purchase to encourage employment in specific sectors.

  • Critics highlight the unfairness towards low-income workers who do not receive similar financial support.

  • Concerns arise that the initiative may encourage exploitation and damage societal perceptions of fairness.
  • The Dortmund Job Center must stop the measure immediately.
    — A caseworker expresses criticism about the special payment for citizen income recipients.
Bids sought for next phase of Torre del Mar theatre construction as cost continues to soar
surinenglish.com/malaga/axarquia/work-the-torre-mar-theatre-reactivated-with-20250619143526-nt.html
Bids sought for next phase of Torre del Mar theatre construction as cost ...
The Südbahnhotel am Semmering is to be revived for 120 million euros.: How do you finance luxury projects? Christian Zeller, owner of the Südbahnhotel ...
kleinezeitung.at/steiermark/muerztal/19814074/suedbahnhotel-am-semmering-soll-um-120-millionen-euro-wachgekuesst
The Südbahnhotel am Semmering is to be revived for 120 million euros.
Family upset after visiting the dinosaur park in Wiener Neustadt: High entry fee, little experience - | a reader felt disappointed by the dinosaur exhibition ...
noen.at/wr-neustadt/top-oder-flop-familie-veraergert-nach-dinopark-besuch-in-wiener-neustadt-478552565
Family upset after visiting the dinosaur park in Wiener Neustadt
The Carinthian rescue service is short 25,000 euros a day: A tariff that has not been improved for years and ever-increasing demands from citizens are causing ...
kleinezeitung.at/kaernten/19804776/pro-tag-fehlen-im-rettungsdienst-25000-euro
The Carinthian rescue service is short 25,000 euros a day
Club World Cup: This is how much money FC Bayern has collected so far: The Club World Cup is extremely attractive for the participants, especially in monetary ...
t-online.de/sport/fussball/klub-wm/id_100786584/klub-wm-so-viel-geld-kassierte-der-fc-bayern-bisher.html
Club World Cup: This is how much money FC Bayern has collected so far
German start-ups want to go into space: Somewhat unnoticed, an industry has developed in Germany that is preparing to compete with the established space travel ...
tagesschau.de/wirtschaft/unternehmen/weltraum-innovationen-100.html
German start-ups want to go into space
Big increase in the cost of citizens' allowance: Hundreds of millions of euros are not enough when spent
fr.de/wirtschaft/dickes-kosten-plus-beim-buergergeld-600-millionen-im-monat-fuer-eine-versicherung-tendenz-steigend-zr-93795733.html
Big increase in the cost of citizens' allowance: Hundreds of millions of ...
With millions in his luggage: Eberl on a transfer tour for Bayern - | Díaz and Martinelli in focus
transfermarkt.de/news/view/news/455803
With millions in his luggage: Eberl on a transfer tour for Bayern - | Díaz ...
State government budget meeting under pressure to save money: The Saarland state government meets on Monday and Tuesday for a budget retreat ...
saarbruecker-zeitung.de/saarland/landespolitik/haushaltsklausur-der-landesregierung-unter-spardruck_aid-129629193
State government budget meeting under pressure to save money
Price increases for Vienna's annual public transport pass and parking sticker under review
derstandard.at/story/3000000274525/preiserhoehungen-bei-wiener-oeffi-jahreskarte-und-parkpickerl-werden-geprueft
Price increases for Vienna's annual public transport pass and parking ...
What is it like to live on Vienna's controversial social welfare? A visit to a refugee family
derstandard.at/story/3000000274777/ein-angeblich-252ppiges-leben
What is it like to live on Vienna's controversial social welfare? A visit ...
Arcelor-Mittal : List of failed subsidy projects gets longer: Politicians wanted to modernize the industry with billions in subsidies. After Intel ...
handelsblatt.com/politik/deutschland/arcelor-mittal-liste-der-gescheiterten-subventionsprojekte-wird-laenger/100136137.html
Arcelor-Mittal : List of failed subsidy projects gets longer
Pensions have apparently risen significantly in ten years: According to a report, state pensions in Germany have risen significantly since 2014. However ...
zdfheute.de/wirtschaft/renten-deutschland-gestiegen-100.html
Pensions have apparently risen significantly in ten years
Leaked: German government plans electricity reform - relief of up to 220 euros!: Electricity is getting cheaper: the government announces a reduction in taxes ...
nord24.de/verbraucher/durchgesickert-bundesregierung-plant-stromreform-entlastung-bis-220-euro-299515.html
Leaked: German government plans electricity reform - relief of up to 220 ...
Debts: Up to 100 billion in debt - but the ministers aren't getting enough: Lars Klingbeil's calls for savings have hardly borne fruit. The ministries have ...
handelsblatt.com/politik/deutschland/schulden-bis-zu-100-milliarden-schulden-doch-die-minister-kriegen-nicht-genug/100136222.html
Debts: Up to 100 billion in debt - but the ministers aren't getting enough
Licenses: Federal government spending on software to rise significantly in 2024 - Golem.de
golem.de/news/lizenzen-ausgaben-des-bundes-fuer-software-2024-deutlich-gestiegen-2506-197331.html
Licenses: Federal government spending on software to rise significantly in ...
New fire station opens in north of Malaga province and the old one will be converted into an emergency school
surinenglish.com/malaga/antequera/antequera-inaugurates-new-fire-station-and-the-20250620080305-nt.html
New fire station opens in north of Malaga province and the old one will be ...
MDR closes 2024 with a deficit of 44.2 million euros: Despite a better result than planned, MDR ends the 2024 financial year with a deficit of 44.2 million euros ...
saechsische.de/sachsen/mdr-schliesst-jahr-2024-mit-44-2-millionen-euro-defizit-ab-A7AQQAN53RGHNH2SGLOK5PTRSQ.html
MDR closes 2024 with a deficit of 44.2 million euros
The H&M hit: These 19-euro trousers are available in 11 colors!: The trendy trousers from H&M win us over with their airy comfort and casual style ...
instyle.de/fashion/trends/hm-knaller-diese-19-euro-hose-gibt-in-11-farben
The H&M hit: These 19-euro trousers are available in 11 colors!
OpinionAbolition of family reservations: How does the railroad always manage this?: The DB has put itself in a hot seat: Since Sunday, families have been paying more ...
taz.de/Abschaffung-der-Familienreservierung/!6095000/
Abolition of family reservations: How does the railroad always manage ...
Tourist Robbed in Daring Theft on Athens’ Ermou Street: A newlywed woman from Cyprus was robbed of her designer handbag on Athens’ bustling Ermou Street during ...
greekcitytimes.com/2025/06/21/tourist-robbed-in-daring-theft-on-athens-ermou-street/
Tourist Robbed in Daring Theft on Athens’ Ermou Street
Cat tortured by leghold trap: PETA offers reward for tips: “The animal abuser who set the illegal leghold trap must be found and brought to justice ...
noen.at/gmuend/tierleid-in-litschau-katze-durch-tellereisen-gequaelt-peta-setzt-belohnung-fuer-hinweise-aus-478630285
Cat tortured by leghold trap: PETA offers reward for tips
At the taxpayer's expense: This is how much money the government spends on consultants
schwaebische.de/politik/auf-kosten-der-steuerzahler-so-viel-geld-gibt-die-regierung-fuer-berater-aus-3685428
At the taxpayer's expense: This is how much money the government spends on ...
Finnish cities offer cash to combat invasive Spanish slug outbreak: Four Finnish cities are paying residents six euros per litre to remove invasive Spanish slugs ...
helsinkitimes.fi/finland/finland-news/domestic/27207-finnish-cities-offer-cash-to-combat-invasive-spanish-slug-outbreak.html
Finnish cities offer cash to combat invasive Spanish slug outbreak
Mannheim: €20,000 missing: Barelli Circus fights for survival after theft: The Barelli Brothers Circus is devastated: During a performance, thieves stole €20 ...
rheinpfalz.de/lokal/ludwigshafen_artikel,-20-000-euro-weg-zirkus-barelli-k%C3%A4mpft-nach-diebstahl-ums-%C3%BCberleben-_arid,5785460.html
Mannheim: €20,000 missing: Barelli Circus fights for survival after theft