US soldiers banned from Bavaria G7 zone

"The order affects all members of the army in Europe from travelling to the indicated areas. Family members are also strongly requested to avoid these zones," army spokespeople told Der Spiegel. News of the travel ban came as the Munich administrative court overturned a ban on anti-G7 demonstrators camping in Garmisch-Patenkirchen. The city has to put up with a camp of up to 1,000 activists. Military spokespeople said that "there is a possibility that violence might be used... they're expecting Read more [...]

G7 conference to take place behind wall of high security

  G7 conference to take place behind wall of high security By Gustav Kemper 3 June 2015 The so-called leaders of the free world will meet for the annual G7 conference on June 7 and 8 in a hermetically sealed high-security zone. The event will be held at Elmau Castle, a luxury resort in the Bavarian Alps, roughly 100 km south of Munich. The massive security operation is aimed at cordoning delegates from opposition to the deeply unpopular Read more [...]

Improve work for women to reduce poverty, Merkel tells G7

Angela Merkel, the German chancellor often rated as the world’s most powerful female leader, pledges today high-level support to bring more women into the workplace. Writing in The Times, Mrs Merkel says that boosting vocational training for women especially in developing countries will figure high on the agenda of the G7 summit, which she will be chairing in Bavaria this weekend. The G7 gathers together seven of the world’s most advanced economies: the United States, Japan, Britain, Read more [...]

The stage is set for the G7 summit in Elmau

During the G7 summit, the worldís eyes will be on Bavaria, or more precisely, on Elmau, a small valley in Upper Bavaria - and the Schloss Elmau hotel - which will host the leaders of the top industrial nations and their delegations for 48 hours. Nestled at the foot of the Wetterstein mountains, Schloss Elmau is one of Germanyís leading five-star resorts. The private road leading to the hotel is seven kilometers long, curving its way through thick forests and fields blooming with flowers. Apart Read more [...]

Optibase Ltd. Announces the Closing of the Acquisition of German Supermarket …

Optibase Ltd. (NASDAQ:OBAS) (the “Company” or “Optibase“) today announced that its wholly owned German subsidiary, Optibase Bavaria GmbH Co. KG, a German partnership (the “Purchaser“), completed the acquisition of twenty-five (25) supermarkets in Bavaria, Germany (the “Properties“) from an unrelated third party. The purchase price paid by the Purchaser was EUR 24,000,000. The Purchaser financed a portion of the purchase price of the Properties with a loan from Deutsche Read more [...]

Bavaria: An Architectural Delight!

It was that time of the year again when Indian tour operators promoting the Federal Republic of Germany as a premier tourist destination were handpicked by the German National Tourist Office (GNTO), New Delhi along with media to attend the Germany Travel Mart (GTM) 2015. This was not my first time at the European country. I had attended GTM 2013 in Stuttgart, which was the destination for out pre-event tour at the time. A pleasant weather and a sunny day welcomed us at the Frankfurt Airport. Though Read more [...]

IN DEPTH: Could Bavaria derail Germany’s Energiewende?

But the reality is a little different. The energy policy of Germany’s largest state could be more accurately described as a showcase for double standards and deceit. And its actions could derail the country’s Energiewende, its transition from nuclear to renewables.To start with, Bavaria has, by German standards, not exactly embraced wind. While an impressive 12% of its electricity in 2014 came from Read more [...]

Schroeder: Europe has no alternative to Russia

2 June 2015 - 12:28pm The G-7 leaders' decision not to invite Russia to their forthcoming summit in Bavaria on June 7-8 is a misstep, former German Chancellor Gerhard Schroeder said."I think it was a mistake not to invite the Russian President to the G7 summit," he stressed.According to Schroeder, "Russia has an alternative to Europe, but not vice versa."He also confirmed his friendly relations with President Putin.  Read more [...]

G7 in Schloss Elmau: summit without Russia

2 June 2015 - 11:51am Orkhan Sattarov, the head of the European office of Vestnik KavkazaLeaders of the G7 countries (that’s the number of members of the informal organization of leading industrial states after the exclusion of Russia in 2014) will gather at the end of the week in Schloss Elmau, Bavaria. More than 18 thousand policemen have come to the beautiful Alpine region to provide security at the event. After mass riots of left Read more [...]