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Major news items in leading German newspapers

Xinhua, April 26, 2016 Adjust font size:

The following are the major news items in leading German newspapers on Tuesday.

Sueddeutsche Zeitung:

-- German Finance Minister Wolfgang Schaeuble budgets a total of 1 billion euros to 2020 for the planned switchover to electric cars in Germany. Purchase premium in the amount of up to 5,000 euros per electric car is the largest item.

Die Welt:

-- After his tour at the Hanover Fair, U.S. President Barack Obama delivered on Monday a 50-minute keynote address, saying that the European Union, which is facing a possible Brexit and the quarreling in the refugee crisis, was "one of the greatest political achievements of modern times". A united Europe is crucial for the world order.

Frankfurter Allgemeine Zeitung:

-- The Saudi cabinet has approved the most extensive reform program since the founding of the Kingdom in 1932. The so-called "Vision 2030" includes selling 5 percent of the shares of the oil company Aramco, the creation of a sovereign wealth fund of 2,000 billion dollars and a national transformation plan. Endit