We have several trees infested with what I think is either Orchard Ermine, official name Yponomeuta padella, in German Pflaumen-Gespinstmotte, or Bird-Cherry Ermine (Web worm caterpillars), official name Yponomeuta evonymella, in German Traubenkirschen-Gespinstmotte. There are several ermine species, very similar. Not easy to get a good look at through their webs though, hence my uncertainty.
The caterpillars weave leaves and twigs together, and munch away at the leaves from within their webs. We have numerous little blankets of silk on several branches. Apparently very common in most gardens, and quite harmless. Looks bad, but the trees do not suffer and do recuperate, so no need to get any lethal spray out.
Here is quite a good caterpillar identification index (in German):
http://www.schmetterling-raupe.de/ (go to Raupenbestimmung to identify your caterpillar!)