ECB chief says euro zone on right track

2011-12-15T09:00:07Z

BERLIN/BRUSSELS (Reuters) - Europe's top central banker said on Thursday that euro zone governments are on the right track to restore market confidence but reminded the...

Paris, Berlin seek action on company, financial tax

2011-12-07T08:00:25Z

PARIS (Reuters) - France and Germany want a new EU framework to speed up progress towards a common corporate tax base and a financial transaction tax as well as convergence of financial regulation and labor market policies, ...

German manufacturing shrinks in Oct for 1st time in 2 years: PMI

2011-11-02T02:30:28Z

BERLIN (Reuters) - Germany's manufacturing sector contracted in October for the first time in more than two years as new orders fell for a fourth month in a row, data showed on Wednesday in the latest sign Europe's bulwa...

Retail bosses survey darkening skies

2011-09-25T16:30:14Z

BERLIN (Reuters) - The deteriorating outlook for the world economy, and what retailers can do to cope, are likely to be the dominant themes at the annual World Retail Congress in Berlin this week.

Executives from companies including France's Carrefour ...

Analysis: Slowdown could make Germany rethink euro crisis stance

2011-08-24T07:30:11Z

FRANKFURT/BERLIN (Reuters) - After being held up as a model of strength in a region saddled with debt and low growth, Germany suddenly finds itself in a perfect economic storm that could force it to rethink its approach to the ...

Analysis: Slowdown in core a new threat for euro zone

2011-08-21T23:30:23Z

BERLIN (Reuters) - It's not hard to come up with reasons for the euro zone's exasperating inability to get a grip on its debt crisis.

There's the German government's reluctance to take the bold steps that seem necessary to bring about a change in market sentiment tow...

Germany to revise up growth forecasts: minister

2011-04-10T06:30:25Z

Germany's economy will expand faster than expected in 2011, a minister said on Sunday, amid reports that the International Monetary Fund and Berlin would revise up forecasts for Europe's top economy.

Spiegel newsweekly said both the ...

German jobless rate falls and retail sales rise

2010-06-01T06:15:45Z

German unemployment fell sharply in May, data from the national labour agency showed on Tuesday, while retail sales picked up as Europe's biggest economy pushed on despite the eurozone financial crisis.

The unemployment rate fell to 7.7 percent of the workforce, the lowest rate since December 2008, from 8.1 percent in April.

"In these difficult times, the labour market has provided g...

Berlin brothel cuts rates for 'green' customers

2010-04-16T09:48:30Z

Berlin brothel offers discounts for 'green' customers who pedal to the door

Part of Berlin's red-light scene is going green. One bordello, hoping to stave off falling demand in the economic crisis, has begun offering discounts to customers who pedal bicycles to the door.

"It's very difficult to find parking around here, and this option is better for our environment," said

Economic crisis boosts distrust of business: watchdog

2010-04-16T11:58:57Z

BERLIN (Reuters) - Distrust of business has risen in the wake of the financial crisis and about half those surveyed around the world see the private sector as corrupt, watchdog Transparency International said on Wednesday.

A survey by the Berlin-based group showed that 53...

Germany agrees 'bad bank' scheme: government

2010-04-16T12:21:07Z

Germany's cabinet agreed a "bad bank" scheme on Wednesday to clean up toxic assets from banks' balance sheets, a key plank of Berlin's bid to turn around Europe's biggest economy, a spokesman said.

The plan, which has become somewhat of a political hot potato five months before a national election, would allow banks to park their ...

German cuts growth forecast, predicts 6% slump

2010-04-16T12:51:28Z

Germany slashed its growth forecast Wednesday, predicting one of the worst recessions in the developed world with a crunching six-percent slump this year, but raised hopes of a recovery in 2010.

In its new projections, the government of Europe's biggest economy said that growth was set to creep back into the black next year, with output likely to rise by 0.5 percent.

Germany slashed its growth forecast Wednesday, foreseeing one of the worst recessions in the developed world with a crunching six-percent slump this year, but raised hopes of a recovery in 2010.

In its new projections, the government of Europe's biggest economy said that growth was set to creep back into the black next year, with output likely to rise by 0.5 percent.

Germany is bracing for its biggest May Day protests in years amid fears of a rise in social unrest caused by the worst recession since World War II in Europe's biggest economy.

An estimated 50,000 jobs are being lost every month in Germany, and the government is forecasting that output will slump by more than five percent this year, second only to Japan

Germany: no sex please we're in recession

2010-04-16T15:56:00Z

Times are difficult down at Berlin's Pussy Club where a new all-in service is on offer: 70 euros for girls, drinks and food.

Like many of its counterparts, the brothel has been hit by the credit crunch and has had to come up with its own stimulus package for a trade that was legalised in Germany seven years ago.

The Belle Escort, another Berlin brothel, has never befo...

UPDATE 4-European leaders vow stricter oversight of markets

2010-10-21T09:52:14Z

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Germany faces 'sizeable', possibly extended recession: IMF

2010-04-16T17:24:46Z

Germany faces a "sizeable" and "possibly extended" recession, with its economy set to shrink 2.5 percent this year, the International Monetary Fund said Thursday, revising down a previous forecast.

Last November, the IMF had said Europe's largest economy would contract 0.8 percent in 2009. Germany can expect ...

Germany forecasts worst recession since World War II

2010-04-16T15:14:29Z

Germany said on Wednesday it would suffer its deepest recession since World War II this year, as Chancellor Angela Merkel's government chewed over a historic rescue package aimed at easing the pain.

Germany's economy, which accounts for about a third of eurozone output, will contract by about 2.25 percent in 2009, the government s...

Germany forecasts worst recession since WWII

2010-04-16T17:25:12Z

Germany said on Wednesday it would suffer its worst recession since World War II in 2009 with half a million more people in Europe's biggest economy expected to lose their jobs.

Germany's economy, which accounts for about a third of eurozone output, will contract by some 2.25 percent in 2009, the government said, as the sharp global slowdown hi...

Merkel says stimulus package 'most difficult decision'

2010-04-16T15:20:35Z

German Chancellor Angela Merkel said Wednesday the decision to adopt the country's biggest postwar stimulus package was her toughest ever, as data showed the recession deepening in Europe's biggest economy.

"The path that we have taken in order get our country through the crisis means taking on a significant amount of new debt, this year and next," Merkel, who became chancellor in ...

Brown in economy talks with Sarkozy

2010-10-21T10:31:07Z

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PM in talks on economy with Sarkozy

2010-10-21T10:30:59Z

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DIARY - Today in Germany - January 5

2010-10-21T09:48:03Z

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Merkel, under pressure to pay more, backs EU stimulus package

2010-04-16T13:51:17Z

German leader Angela Merkel gave her backing Thursday to a 200-billion-euro plan to dig Europe out of recession after her finance minister said tossing money around would only increase the debt burden.

As EU leaders gathered in Brussels for a summit, the outspoken interview b...

CORRECTED-Germany says market turmoil clouds borrowing needs

2010-10-21T09:45:13Z

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German says market turmoil clouds borrowing needs

2010-10-21T09:45:19Z

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German economy in recession: Destatis data

2010-10-22T13:04:39Z

Europe's biggest economy Germany has fallen into recession, the latest victim to the global financial crisis, official Destatis figures showed on Thursday.

The German economy contracted 0.5 percent in the third quarter, more than expected, following a contraction of a revised 0.4 percent in the second quarter, meeting the technical definition for a recession -- two consecutive quarters of shri...

German government tries to jump-start growth

2010-04-16T14:57:25Z

The German cabinet approved a 23-billion-euro stimulus package Wednesday to help Europe's biggest economy and the world's top exporter avoid the worst effects of a sharp global slowdown before a hoped-for recovery in 2010.

"I believe we are agreed that we must act now ... and send a signal that we will have bad news in 2009 but that we want to do something about it," Chancellor Angela ...

EXCLUSIVE-UPDATE 1-German covered bond market 'critical'

2010-10-21T09:43:48Z

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Health Highlights: Sept. 16, 2007

2010-10-15T09:56:40Z

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APTOPIX Germany Ice Swimming

2010-12-25T08:01:30Z

A member of the ice swimming club 'Seehunde Berlin' bathes in the frozen Oranke Lake in Berlin on Saturday, Dec. 25, 2010. Every Christmas the club arrange a Christmas swimming session in this lake. (AP Photo/Markus Schreiber)

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Germany Europe Weather

2010-12-24T06:01:19Z

Passengers wait for a train departing from Berlin's central railway station to Schiphol, Netherlands, after the reopening of a track between Berlin and Hanover in Berlin, Germany, ...

APTOPIX Germany Dogs Litter Of 17

2010-12-20T18:01:17Z

Nine Rhodesian Ridgeback puppies from a litter of 17, look out of their box in Nauen, 50 kilometers outside Berlin on Monday, Dec. 20, 2010. On Sept 28, and 29, 4 years old Ridgeback Etana had 17 puppies. All of them survived. (AP Photo/Markus Schreiber)

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Germany Dogs Litter Of 17

2010-12-22T10:34:20Z

Rhodesian-Ridgeback puppies from a litter of 17, look out of their box in Nauen, 50 kilometers outside Berlin on Monday, Dec. 20, 2010. On Sept 28, and 29, the 4 years old Rhodesian-Richback Etana birthing 17 puppies. All of them survived. (AP Photo/Markus Schreiber)

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Germany Prince Harry

2010-12-19T04:01:28Z

Tourists take pictures of Britain's Prince Harry, third from right, as he listens to Simon McDonald, second from right, the British Ambassador to the Federal Republic of Germany, as they walk in front of the

The latest in Berlin (Germany)