May 18, 2013

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Germany cool to France's EU economy plan

Germany said Friday that French President Francois Hollande's proposal for a eurozone economic government was "interesting" but reacted coolly to his call for strengthened European budgetary powers. READ () »

Au pairs rules relax for non-German families

Foreign families will soon be able to officially engage au pairs from outside the European Union, as long as they speak German at home, as the government prepares to change the law. READ () »

Germany refuses to slam French economic policy

Germany will not publicly criticize France over economic policy, German Finance Minister Wolfgang Schäuble insisted on Thursday, amid differences between Berlin and Paris over growth versus austerity in battling the eurozone debt crisis. READ () »

Capri-Sun drink wins false advertising award

A German food industry watchdog singled out drinks-maker Capri-Sun for its annual advertising "award" on Thursday, for what the group described as "shameless" marketing of sugary drinks to children. READ () »

Anaemic economy feels winter chill

The German economy, Europe's biggest, clocked up anaemic growth at the start of 2013 as the freezing winter weather put the brakes on activity, official data showed on Wednesday. READ () »

ThyssenKrupp bins 3,000 admin jobs

German heavy industry giant ThyssenKrupp said on Wednesday it plans to axe 3,000 administrative jobs worldwide as disastrous investments in steel operations overseas tore holes in its balance sheet in the second quarter. READ () »

Pay deal for metal workers averts strike

Germany's powerful union IG Metall agreed a pay deal with the metal industry's employers association early Wednesday, averting the threat of a major strike. READ () »

First ever strike hits Amazon's German unit

German employees of Amazon staged their first-ever walkouts on Tuesday as the US internet retail giant was hit by a dispute over pay. READ () »

Volkswagen plans giant car plant in China

German auto giant Volkswagen will build a plant in central China, a spokesman said Tuesday, as it battles US rival General Motors to be the top foreign automaker in the world's biggest car market. READ () »

Metal workers enter huge warning strikes

Tens of thousands of metal workers downed tools on Monday in a spat between powerful union IG Metall and employers over pay. It marks the start of what could be a decisive week for the industry as a full-scale strike looms. READ () »

Germany launches new job creation drive

Germany and France plan to launch a "New Deal for Europe" against youth unemployment this month, an issue that has topped 50 percent in several countries. It includes credits for companies that create jobs. READ () »

German giants dazzle Dax

In the midst of the eurozone's worst-ever economic crisis, Germany's stock index scaled three successive record highs this week. Business daily Handelsblatt examined some of the top companies driving the impressive figures. READ () »

Netto pioneers mobile phone payments

Customers at German discount supermarket Netto will soon be able to pay for their shopping with a mobile phone app, the company said on Friday. Over 4,000 branches are expected to offer the technology. READ () »

• 08/05 Court: gay and straight tax breaks must match »
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• 03/05 Most would increase tax on the wealthy »
• 03/05 50,000 metalworkers strike for more pay »
• 02/05 New €5 notes make German debut »
• 02/05 Lufthansa settles bitter pay dispute »

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