Scholz visits flood-hit region in southern Germany

German Chancellor Olaf Scholz and Interior Minister Nancy Faeser have arrived in the southern German region of Upper Bavaria which is grappling with heavy flooding. Together with Bavaria’s State Premier Markus Söder, they aim to gain an impression of t…

German travel group FTI files for insolvency

German travel group FTI Touristik GmbH, the parent company of the FTI Group, Europe’s third-largest tour operator, has filed for insolvency. The group filed an application for the opening of insolvency proceedings at a Munich local court on Monday, the…