German wholesale prices jump further in September
BERLIN (Reuters) – Germany’s wholesale price index surged in September, driven mainly by higher costs for raw materials and intermediate products, according to data released …
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German police arrest suspect in foiled plot to kidnap health minister
BERLIN (Reuters) – German police have arrested a woman suspected of having been involved in a plot to kidnap health minister Karl Lauterbach earlier this …
German harmonised inflation +10.9% y/y in September
BERLIN (Reuters) – Germany’s consumer prices, harmonised to compare with other European countries, were 10.9% higher year-on-year in September, the Federal Statistical Office said on …
Russia Strikes Civilian Targets, Damages German Consulate In Kyiv
Russia Strikes Civilian Targets, Damages German Consulate In Kyiv Micaela Burrow on October 10, 2022 Russia launched a barrage of missile strikes across Ukraine …
German companies look at offshore production as energy prices rocket
By Riham Alkousaa, John O’Donnell and Patricia Weiss BERLIN (Reuters) – Germany’s 200 billion euro ($197 billion) energy aid package will provide limited relief for …
German retail sales, industrial output fall as inflation tightens grip
BERLIN (Reuters) – Data on Friday showed inflation’s tightening stranglehold on the German economy, with a surge in import prices and falls in industrial output …
German retail sales dip more than forecast in August
BERLIN (Reuters) – German retail sales fell by a slightly more-than-forecast 1.3% in August compared to the previous month, data showed on Friday. Analysts polled …
German industrial output declines in August
BERLIN (Reuters) – German industrial production contracted in August, official data showed on Friday, as supply bottlenecks remain due to ongoing pandemic-related distortions and the …
Apollo names former German regulator chief as senior adviser
FRANKFURT (Reuters) -Global investor Apollo has appointed the former president of Germany’s financial regulator, Felix Hufeld, as a senior adviser, he confirmed on Wednesday. Hufeld, …
German services sector weakens in Sept slightly more than initial estimate -PMI
BERLIN (Reuters) – Germany’s services sector shrank in September slightly more than initially expected as inflation and growing uncertainty hit demand, a survey showed on …
More German companies plan to raise prices – Ifo
BERLIN (Reuters) – An increasing number of German companies are planning to raise their prices, the Ifo economic institute said on Wednesday, adding that this …
EU industry chief says will review 200-billion-euro German package
By Foo Yun Chee BRUSSELS (Reuters) – Germany’s 200 billion euro ($196 billion) plan to protect companies and households from soaring energy prices will be …
German court rejects investors’ damages claims against Porsche SE
BERLIN (Reuters) -A German court on Friday rejected claims by investors for billions of euros in damages over a failed attempt by Porsche SE to …
German unemployment rises in September as Ukrainian refugees enter system
BERLIN (Reuters) – German unemployment rose in September, Labour Office figures showed on Friday, as Ukrainian refugees continue to enter the system. The Federal Labour …
German EU-harmonised consumer prices up 10.9% in September
BERLIN (Reuters) – German consumer prices, harmonised to compare with other European countries, were up 10.9% on the year and rose by 2.2% month-on-month in …
German economic institutes see 2023 contraction as gas crisis hits
BERLIN (Reuters) – Four leading German economic institutes have almost halved their spring economic growth forecast for Europe’s largest economy this year and slashed their …
German Authorities Fear Nord Stream Pipelines May Be Permanently Unusable Following Sabotage
German Authorities Fear Nord Stream Pipelines May Be Permanently Unusable Following Sabotage Jack McEvoy on September 28, 2022 German security officials believe that both …
Euro zone yields at fresh multi-year highs, German real yield in positive territory
(Reuters) – Euro zone yields hit fresh multi-year highs on Wednesday, and Germany’s real yield rose above zero for the first time since 2015, on …
Turkey summons German envoy after politician likens Erdogan to ‘sewer rat’
ANKARA (Reuters) – Turkey’s foreign ministry summoned the German ambassador to Ankara on Tuesday to protest over comments made by a senior German politician who …
Ukraine refugees push German population to all-time high
BERLIN (Reuters) – Refugees arriving from Ukraine have helped drive Germany’s population to its highest level, the Federal Statistical Office said, with more than 84 …
Third of German auto firms steering towards liquidity problems – Sueddeutsche
BERLIN (Reuters) – Soaring energy prices are costing Germany investments in the key automotive sector, where a growing number of companies are facing liquidity shortages, …
Sentiment among German exporters at its lowest since May 2020
BERLIN (Reuters) – Sentiment among German exporters fell in September to its lowest since the early stages of the COVID-19 pandemic as the slowing global …
German chancellor Scholz contracts coronavirus, has mild cold symptoms
BERLIN (Reuters) -German Chancellor Olaf Scholz has tested positive for coronavirus and is showing mild symptoms of a cold, a government spokesperson said on Monday. …
German economy facing recession, Ifo surveys head says
BERLIN (Reuters) – The German economy is facing recession and almost all sectors are in the red, the Ifo surveys head Klaus Wohlrabe told Reuters …
German minister call for more funds for companies as debt debate intensifies
By Riham Alkousaa and Klaus Lauer BERLIN (Reuters) – The German economy minister on Thursday called for more government funds to support companies as a …
German tax revenues fall in August for first time this year
BERLIN (Reuters) – Federal and state government tax revenues fell in Europe’s biggest economy during August for the first time this year, the finance ministry …
German president urges Mexico to stand against Russian invasion
MEXICO CITY (Reuters) – German President Frank-Walter Steinmeier on Tuesday urged the Mexican government to stand with Europe in opposing the Russian invasion of Ukraine, …
Tesla’s German battery plant and land extension on track – mayor
BERLIN (Reuters) – Tesla has confirmed to the mayor of Gruenheide that its plans to operate the battery plant currently under construction in Germany are …
Moscow’s military reserves may be smaller than initially assumed – German defence minister
By Sabine Siebold and Sarah Marsh BERLIN (Reuters) – Russia has suffered significant troop and equipment losses in Ukraine and the impact of Kyiv’s latest …
German investor morale slips on energy supply fears – ZEW
BERLIN (Reuters) -German investor sentiment fell further than expected in September as concerns over the country’s energy supply increasingly weigh on the outlook for Europe’s …
Stora Enso sells paper mill to German Lidl owner Schwarz Group
HELSINKI (Reuters) – Finnish forestry group Stora Enso said on Tuesday it would sell its Maxau paper production site in Germany to Schwarz Group, the …
German economy could contract in H2 – economy ministry report
BERLIN (Reuters) – Germany’s outlook has “dramatically worsened” and the economy could stagnate or contract in the second half of the year, an economy ministry …
German authority’s probe finds ‘abnormalities’ in Tesla autopilot – WirtschaftsWoche
BERLIN (Reuters) – Germany’s federal motor transport authority KBA has found “abnormalities” during its investigation focused on Tesla’s autopilot function, reported WirtschaftsWoche business weekly, citing …
JPMorgan interested in German market for possible retail market expansion
FRANKFURT (Reuters) – JPMorgan sees Germany as an “interesting market” for a possible expansion of its consumer business but no decision has yet been made, …
German finance minister damps speculation of sale Commerzbank stake
FRANKFURT (Reuters) – German finance minister Christian Lindner on Thursday sought to damp speculation about the government’s stake in Commerzbank that it acquired during a …
‘Technically Unfeasible’: German Nuclear Operator Admits Government Plan Makes No Sense
‘Technically Unfeasible’: German Nuclear Operator Admits Government Plan Makes No Sense Jack McEvoy on September 7, 2022 The operator of a German nuclear power plant, …
E.ON casts doubt on German plan to keep nuclear plants on standby
BERLIN (Reuters) – Germany’s plans to delay the closure of two nuclear plants were thrown into confusion on Wednesday, with the operator of one saying …
German businessman on private jet that crashed in Baltic
By Janis Laizans RIGA (Reuters) -A prominent German businessman was aboard the private jet that crashed into the Baltic Sea off Latvia after flying half …
German services sector stumbles as soaring inflation hits confidence – PMI
BERLIN (Reuters) – Germany’s services sector contracted for a second month running in August as domestic demand came under pressure from soaring inflation and faltering …
German autos association sees lower passenger car deliveries in U.S., Europe
BERLIN (Reuters) – German autos association VDA dampened its forecast for the passenger car market in the United States and Europe on Thursday, citing inflation, …
Inflation angst grips German consumers as blues ease in France
By Leigh Thomas PARIS (Reuters) – Consumer morale in the euro zone’s two biggest economies diverged starkly in August as French consumers benefited from fresh …
German exporters pinched by 70-billion-euro price squeeze – DIHK
By Rene Wagner BERLIN (Reuters) – German exporters are in an “extreme price squeeze” and incurred extra costs of 70 billion euros ($69 billion) this …
War hit to German economy will last years -economist
BERLIN (Reuters) – The economic impact on Germany of Russia’s invasion of Ukraine will last years, influential economist Marcel Fratzscher of the German Institute for …
German recession increasingly likely, Bundesbank says
FRANKFURT (Reuters) – A recession in Germany, the euro zone’s biggest economy, is increasingly likely and inflation will continue to accelerate and could peak at …
German exports beyond the EU slump in July
BERLIN (Reuters) – German exports beyond the European Union fell by 7.6% on the month in July, the Federal Statistics Office said on Monday, marking …
German dependence on China growing ‘at tremendous pace’, research shows
By Klaus Lauer BERLIN (Reuters) – The German economy became more dependent on China in the first half of 2022, with direct investment and its …
Analysis: 100 banks, 1,000 suspects: German fraud probe puts Scholz on the spot
By Marta Orosz and Tom Sims FRANKFURT (Reuters) – German chancellor Olaf Scholz faces lawmakers’ questions this week over his role in tackling a multibillion-euro …
German troops back to Bosnia as fear of instability grows
By Sabine Siebold and Daria Sito-Sucic BERLIN (Reuters) -Germany has deployed troops with the European Union’s peacekeeping mission in Bosnia for the first time in …
German troops spot Russian forces in Mali as French pull out – document
BERLIN (Reuters) – German troops spotted several dozen presumably Russian security forces at Gao airport in northern Mali on Monday, the day the last French …
German driver jailed for life for 2020 pedestrian zone killings
TRIER, Germany (Reuters) – A German court on Tuesday sentenced a 52-year-old man to life in prison for killing five people, including a baby, by …