Berlin will allow exports of German tanks to Ukraine if U.S. sends its tanks -source
BERLIN (Reuters) – Germany will allow German-made tanks to be sent to Ukraine to help its defense against Russia if the United States agrees to …
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Push for more women on German company boards loses momentum in 2022 – study
BERLIN (Reuters) – The proportion of women on the executive and supervisory boards of large companies in Germany continued to grow in 2022 but at …
German economy minister: recession threatening Europe manageable
BERLIN (Reuters) – Germany’s economy minister said that easing gas prices give hope that a recession threatening Europe, and Germany, can be managed and even …
German harmonized inflation eases to 9.6% y/y in December
BERLIN (Reuters) – German inflation eased further in the final month of 2022, with consumer prices rising by 9.6% year on year in December in …
Explainer-West mulls sending German Leopard 2 tanks to Ukraine
BERLIN (Reuters) – German Chancellor Olaf Scholz is under pressure to approve an increase in international military support for Kyiv by allowing the export of …
German wholesale prices rise in December but at slower pace
BERLIN (Reuters) – Germany’s wholesale price index rose in December compared with the same month last year although at a slower pace than in previous …
Repaired German Leopard tanks for Ukraine ready in 2024 at earliest, armsmaker says
BERLIN (Reuters) -German armsmaker Rheinmetall could deliver repaired Leopard 2 battle tanks to Ukraine in 2024 at the earliest and would need a confirmed order …
More than half of German companies report labour shortages
BERLIN (Reuters) – More than half Germany’s companies are struggling to fill vacancies due to a lack of skilled workers, the German Chambers of Commerce …
German industry is losing green energy race, autos association warns
BERLIN (Reuters) -Germany urgently needs more carbon-neutral energy at affordable prices if it is to maintain its global relevance as an industrial player, the president …
German chancellor meets auto, battery bosses in ‘mobility’ summit
By Victoria Waldersee and Andreas Rinke BERLIN (Reuters) – German carmakers, Tesla, chip producers and battery maker Northvolt met the German chancellor and cabinet ministers …
German gas storage operators optimistic for next winter
BERLIN (Reuters) – German gas storage operators expressed optimism on Tuesday that there will not be supply problems next winter due to declining consumption and …
German regulator identifies 5,000 km to aid green power switch
FRANKFURT (Reuters) – Germany’s federal network agency on Monday said it had identified 5,000 kilometres (3,107 miles) of its network for upgrades, which will be …
Around 40% of German companies expect output decline in 2023 – IW institute
BERLIN (Reuters) – Four out of ten German companies expect business to shrink in 2023, a survey by the German Economic Institute (IW) showed on …
German industrial orders fall more than expected in November
BERLIN (Reuters) -German industrial orders saw their sharpest drop in more than a year in November on falling foreign demand, decreasing by 5.3% on the …
German retail sales rise 1.1% m/m in November
BERLIN (Reuters) – German retail sales rose in November, increasing by 1.1% compared with the previous month, data showed on Friday. Analysts polled by Reuters …
German exports unexpectedly fall in November
BERLIN (Reuters) -German exports unexpectedly fell in November as high inflation and market uncertainty continue to weigh on Europe’s largest economy despite fading supply chain …
Decline in German services sector eases, raising hopes for milder recession -PMI
BERLIN (Reuters) – High inflation and economic uncertainty extended a downturn in the German services sector in December, though a slower pace of decline in …
German unemployment falls in December
BERLIN (Reuters) – German unemployment fell in December, Labour Office figures showed on Tuesday, with the labour market overall being only moderately affected by the …
Material shortages ease further for German manufacturers – Ifo
BERLIN (Reuters) – Material shortages eased further in Germany’s manufacturing sector towards the end of the year, according to a survey by the Ifo economic …
German minister reignites coalition row with call to review nuclear exit
BERLIN (Reuters) – Germany’s transport minister called for an expert committee to examine whether the lifespan of the country’s nuclear plants should be extended, reopening …
Fading supply problems ease downturn in German manufacturing -PMI
BERLIN (Reuters) – Fading supply chain problems helped ease the downturn in Germany’s manufacturing sector in December, although weaker demand continues to weigh on sentiment, …
High inflation here to stay for coming months, says German industry
BERLIN (Reuters) – Germany’s inflation rate is unlikely to decline rapidly at present and the European Central Bank’s target of 2% will only become feasible …
German exporters prepare for a challenging 2023
BERLIN (Reuters) – German exporters have modest hopes for next year, anticipating problems at major customers in China because of climbing COVID infections and rising …
German companies plan to invest more in Africa in 2023
By Rene Wagner BERLIN (Reuters) – German companies want to boost their activities in Africa next year, especially in areas such as green hydrogen and …
Nearly three in five German industry associations foresee gloomy 2023
BERLIN (Reuters) – Nearly three out of five German industry associations are pessimistic about next year and expect their companies to produce less as high …
German inflation to stay high for two years – adviser
BERLIN (Reuters) -Inflation is likely to remain high for another two years as companies pass on higher input costs and in some cases exaggerate them, …
EU should put Twitter under direct supervision after missteps: German official
By Christian Kraemer and Matthias Williams BERLIN (Reuters) -A senior German official said on Thursday Twitter should join other tech firms in being directly monitored …
Fortum concludes sale of Uniper to German government
HELSINKI (Reuters) – Finland’s Fortum said on Wednesday it had concluded the sale of its stake in utility Uniper to the German State. The German …
German employment outlook for Q1 2023 is positive – Ifo
BERLIN (Reuters) – The outlook for employment in Germany, Europe’s largest economy, is positive for the first quarter of next year, the Ifo economic institute …
German consumer sentiment maintains upward trajectory -GfK
BERLIN (Reuters) – German consumer sentiment is set to extend its recovery heading into the new year as government relief measures meant to take the …
Sentiment among German exporters brightens for third month in a row – Ifo
BERLIN (Reuters) – Sentiment among German exporters rose for the third month in a row in December, reaching its best reading since June, according to …
Intel delaying German factory start, wants more subsidies, Volksstimme reports
BERLIN (Reuters) – Intel Corp has backed away from its original target of opening a chip factory in the eastern German city of Magdeburg in …
German police recover bulk of booty from $120 million Dresden diamonds heist
BERLIN (Reuters) – Most of the jewels stolen from a historic Dresden art collection in 2019 in a $120 million heist have been recovered, German …
German economy to grow slightly in 2023 – IfW forecast
BERLIN (Reuters) – Germany’s IfW became the latest economic institute to revise up its growth forecast for 2023 on Thursday as Europe’s largest economy hopes …
German wholesale price index eases in November
BERLIN (Reuters) – Germany’s wholesale price index eased in November compared to the previous month, as signs mounted that inflation could peak in Europe’s largest …
Tesla to search for water in quest to expand German gigafactory
By Victoria Waldersee BERLIN (Reuters) – Tesla plans to drill for new water sources to supply an expansion of its electric vehicle plant near Berlin, …
German recession will be milder than expected: Ifo
BERLIN (Reuters) – Germany’s recession will be milder than expected, with the economy expected to contract by 0.1% in 2023 compared to a previous forecast …
German cum-ex mastermind handed 8-year jail sentence for tax fraud
By Matthias Inverardi and Marta Orosz BONN, Germany (Reuters) -A tax lawyer, alleged to have masterminded one of Germany’s biggest post-war frauds, was sentenced to …
China to allow German expats to use German COVID-19 vaccines
BEIJING (Reuters) – The Chinese foreign ministry said China and Germany had reached an agreement on providing “German vaccines” to German nationals in China, after …
German economy ministry calls for joint EU response to U.S. inflation act
BERLIN (Reuters) – Germany wants a joint European response to the U.S. Inflation Reduction Act that would involve simplifying rules on state support and expanding …
German government deficit to hit 4.5% in 2023 – Spiegel
BERLIN (Reuters) – The German government’s public deficit will be significantly higher in 2023 than previously thought, reaching 4.5%, due mainly to energy relief measures, …
German network regulator: widespread power outages ‘very unlikely’
DUESSELDORF (Reuters) – Germany’s energy watchdog on Friday rebuffed fears that a shortage of Russian gas would lead to large-scale power blackouts in Europe’s largest …
German households less pessimistic on inflation, survey shows
FRANKFURT (Reuters) – German households are becoming less pessimistic about inflation prospects, predicting a moderation in price pressures over the next year, the Bundesbank said …
Experts say cheap public transport could ease German inflation
BERLIN (Reuters) – German inflation could cool in the coming months as a result of a low-cost public transport ticket agreed to by political leaders, …
Experts say cheap public transport could ease German inflation
BERLIN (Reuters) – German inflation could cool in the coming months as a result of a low-cost public transport ticket agreed to by political leaders, …
German coup plot investigators focus on secluded hunting lodge
By Max Schwarz, Timm Reichert and Tom Sims BAD LOBENSTEIN, Germany (Reuters) – German investigators in the small eastern town of Bad Lobenstein on Thursday …
Heinrich XIII: the prince suspected of plotting to be German kaiser in coup
By Sarah Marsh BERLIN (Reuters) – Heinrich XIII Prince Reuss is one of the last descendents of a dynasty that once ruled over swathes of …
German industrial output falls less than expected in October
BERLIN (Reuters) – German industrial production fell less than expected in October, official data showed on Wednesday, in part dragged down by a decrease in …
German companies looking to hire more staff – Ifo
BERLIN (Reuters) – Companies in Germany, Europe’s largest economy, are looking to hire more staff, with a particular rise in demand in the service sector, …
German parliament votes to ratify CETA trade agreement with Canada
BERLIN (Reuters) – Germany’s Bundestag lower house of parliament voted by a majority on Thursday to back the ratification of the European Union’s free trade …