German Dejesuromero booked for robbery and weapons possession in Ocean County
Ocean County officials have confirmed the arrest of 5-foot-5, 200-pound German Dejesuromero, who was booked into the county jail on August 11. The 34-year-old Hispanic man, is accused of committing robbery involving…
Credit Agricole is weighing foray into German car-sharing: media report
FRANKFURT (Reuters) – French bank Credit Agricole is weighing plans to offer car-sharing financial services in Germany because the growing market offers opportunities to challenge incumbent players, an executive told trade publication…
German parliament passes welfare reform to boost benefits and training
BERLIN (Reuters) – Germany’s lower and upper houses of parliament passed a welfare reform on Friday that will raise unemployment benefits from the beginning of next year and provide new help to…
German budget for 2024 will be more challenging than for 2023 – Finance Minister
BERLIN (Reuters) – Germany’s budget margins will get tighter in the next couple of years, Finance Minister Christian Lindner said on Friday. “The 2024 budget will be incomparably more challenging than the…
German consumer sentiment stabilizes with help of energy measures -GfK
BERLIN (Reuters) – German consumer sentiment is set to barely change in December as government energy measures help stabilize morale at a level that is just above a record low set two…
German Finance Minister: need stability and growth for sustainable public finances
PARIS (Reuters) – Economic stability and growth are both crucial for delivering sustainable public finances, German Finance Minister Christian Lindner told a news conference ahead of talks with his French counterpart on…
German car supplier Ruester GmbH files for insolvency in self-administration
FRANKFURT (Reuters) – German car supplier Ruester GmbH said it has filed for restructuring in self-administration, a special form of insolvency proceedings that give the owners bigger say, citing liquidity problems partly…
German financial system under strain but property correction not seen: Bundesbank
FRANKFURT (Reuters) – Risks in the German financial system are building as the economy heads for a recession and struggles with rising interest rates and sky-high energy prices, but a correction in…
German inflation to stay in double digits despite gas price brake, Bundesbank says
FRANKFURT (Reuters) – Inflation in Germany may well remain in double digits into next year despite the government’s efforts to curb energy prices, the Bundesbank said on Wednesday. With consumer prices in…
German downturn eases in Nov, bringing hope for milder recession -flash PMI
BERLIN (Reuters) – The downturn in German economic activity eased in November, a preliminary survey showed on Wednesday, as firms saw price pressures retreat from recent highs, offering hope that an expected…
German residential property market faces risk of price drop – DIW study
BERLIN (Reuters) – The German residential property market faces a growing risk of price corrections, the DIW research institute said in a study released on Wednesday. “We are not facing the bursting…
German minister: working with France on Inflation Reduction Act response
PARIS (Reuters) – Economy Minister Robert Habeck said Germany is completely aligned with France on the U.S. Inflation Reduction Act, adding that they are considering ways to strengthen European industry if talks…
German minister: working with France on Inflation Reduction Act response
PARIS (Reuters) – Economy Minister Robert Habeck said Germany is completely aligned with France on the U.S. Inflation Reduction Act, adding that they are considering ways to strengthen European industry if talks…
German minister: working with France on Inflation Reduction Act response
PARIS (Reuters) – Economy Minister Robert Habeck said Germany is completely aligned with France on the U.S. Inflation Reduction Act, adding that they are considering ways to strengthen European industry if talks…
German authorities search BNY Mellon bank in cum-ex probe
BERLIN (Reuters) – German authorities searched the Frankfurt office of bank BNY Mellon on Tuesday in connection with an ongoing investigation into the multi-billion euro tax fraud scheme known as “cum-ex”, the…
German authorities search BNY Mellon bank in cum-ex probe
BERLIN (Reuters) – German authorities searched the Frankfurt office of bank BNY Mellon on Tuesday in connection with an ongoing investigation into the multi-billion euro tax fraud scheme known as “cum-ex”, the…
German authorities search BNY Mellon bank in cum-ex probe
BERLIN (Reuters) – German authorities searched the Frankfurt office of bank BNY Mellon on Tuesday in connection with an ongoing investigation into the multi-billion euro tax fraud scheme known as “cum-ex”, the…
German finance minister: must talk about fiscal stimulus for 2024 budget
BERLIN (Reuters) – The German government needs to talk about fiscal measures for the 2024 budget to stimulate the economy, Finance Minister Christian Lindner said on Tuesday. “We will have to talk…
German 2022 industry output to rise slightly, 2023 looks gloomy – BDI
BERLIN (Reuters) – German industrial production is on track to rise slightly this year thanks to order backlogs but the outlook for 2023 is gloomy as high energy prices and geopolitical uncertainties…
German tax take rebounds in October -ministry report
BERLIN (Reuters) – Germany’s tax revenue jumped 6.1% to 57 billion euros ($58.35 billion) in October after two consecutive monthly falls, according to the monthly finance ministry report published on Tuesday. The…
German home prices to fall 3.5% next year as buyers feel the pinch- Reuters poll
By Jonathan Cable LONDON (Reuters) – German house prices will fall 3.5% next year as the cost of living crisis and rising borrowing costs hits consumers, but the chances of an outright…
German employment agency sees no insolvency wave in 2023 – WirtschaftsWoche
BERLIN (Reuters) – Germany’s federal employment agency does not expect a wave of insolvencies in 2023, with moderate insolvency benefit expenditure, the WirtschaftsWoche magazine reported on Friday. The agency expects to spend…
German government deficit could hit 3.5% in 2023 – Spiegel
BERLIN (Reuters) – Germany’s government deficit could reach as high as 3.5% next year, the Spiegel news magazine reported on Friday citing experts from the Finance Ministry. According to their estimates, the…
German machinery exports dip, burdened by China – VDMA
BERLIN (Reuters) – Exports of German machinery and plant machinery fell by 2.8% in real terms in the first nine months of this year as COVID restrictions in China weighed on business…
German regulator calls on banks to increase risk provisions
FRANKFURT (Reuters) -The president of Germany’s financial regulator, Mark Branson, on Monday called on banks to increase their risk provisions while earnings are strong. Branson, speaking at a conference in Frankfurt, praised…
French, German central bank chiefs urge faster pace on EU capital markets union
PARIS (Reuters) – The war in Ukraine, inflation and the energy crisis have made it more important than ever to press ahead with a capital markets union to finance green and digital…
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