May 22, 2012
The following articles have been tagged with "Economy":
Politics: 21 May 12
Ex-central banker turned controversy merchant Thilo Sarrazin has attracted fresh outrage with a book claiming Germany's European policy is driven by guilt for World War II and the Holocaust.
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Politics: 20 May 12
US President Barack Obama and German Chancellor Angela Merkel agreed on Saturday the eurozone should not abandon fiscal reforms even as it pursues measures to revive growth, the White House said.
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Politics: 15 May 12
Germany and France test their historic bond on Tuesday with new French President Francois Hollande due in Berlin early on Tuesday evening in search of compromise over the eurozone crisis.
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Business & Money: 15 May 12
German investor confidence fell sharply in May, following five straight months of increase data showed Tuesday, while a poll of Financial analysts showed growing concern about the eurozone debt crisis.
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Business & Money: 15 May 12
Germany has avoided recession despite the resurgent eurozone debt crisis, official data showed on Tuesday, confirming the resilience of Europe's top economy to the surrounding turmoil.
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Politics: 14 May 12
As German Chancellor Angela Merkel prepares to meet new Socialist French President Francois Hollande in Berlin on Tuesday, his party has attacked her, saying they will not allow her to lead Europe.
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Business & Money: 12 May 12
Bundesbank president Jens Weidmann warned French president-elect Francois Hollande on Saturday against tampering with the European Central Bank or the EU fiscal pact.
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Business & Money: 11 May 12
The German government was left reeling on Friday when the opposition parties blocked a €6.1 billion tax cut for low-income earners in the upper house of parliament, the Bundesrat.
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Business & Money: 10 May 12
German Finance Minister Wolfgang Schäuble said on Thursday that a German inflation rate of up to three percent was tolerable, despite eurozone rules setting a target of around two percent.
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Politics: 10 May 12
Voters in Germany's most populous state go to the polls Sunday in a closely watched gauge of Chancellor Angela Merkel's political fortunes ahead of a national vote next year in Europe's top economy.
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Business & Money: 8 May 12
German Chancellor Angela Merkel wrote to French president-elect Francois Hollande on Tuesday saying that the eurozone was looking to them to take the "necessary decisions" to resolve the debt crisis.
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Politics: 7 May 12
German Chancellor Angela Merkel reached out to new French President Francois Hollande on Sunday evening, inviting him to Berlin, despite having campaigned for his rival during the election campaign.
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Politics: 6 May 12
German Chancellor Angela Merkel's centre-right coalition lost power in the state of Schleswig-Holstein, first estimates showed Sunday, after a vote that could presage national elections next year.
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Society: 4 May 12
Changes are afoot for Munich’s legendary Oktoberfest, as a plan to crack down on binge-drinking, loud live music and endless queuing for seats will be examined by the city council.
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Business & Money: 2 May 12
Germany is set to introduce “petrol police” to collect and monitor fuel prices across the country – from import to the pump, in an attempt to combat soaring prices.
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National: 2 May 12
Revered and reviled German media tycoon Axel Springer, whose empire encompasses major opinion-making papers Bild and Die Welt, would have turned 100 on Wednesday, prompting praise and condemnation.
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Business & Money: 30 Apr 12
Retail sales in Germany rose in March but not by enough to offset the declines seen in the preceding two months, official data showed on Monday.
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Politics: 30 Apr 12
Germany's upstart Pirate Party wrapped up a national congress Sunday aimed at distancing the powerful new political force from the far-right.
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Business & Money: 25 Apr 12
German Chancellor Angela Merkel reiterated on Wednesday that the eurozone needed economic growth as well as deficit-cutting measures. Germany continued to register slight growth, while the UK slipped into recession.
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Business & Money: 20 Apr 12
Business confidence in Germany beat expectations to rise again in April, underlining the resilience of Europe's biggest economy to the long-running debt crisis, data showed on Friday.
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Business & Money: 19 Apr 12
Germany’s top scientific research centres could be slapped with a multimillion-euro tax bill after it emerged that they had wrongly claimed special tax status for years.
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Business & Money: 18 Apr 12
German solar energy took another blow this week when US company First Solar confirmed the closure of a Brandenburg factory and the loss of more than 1,200 jobs.
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National: 16 Apr 12
A German freighter thought to be taking Iranian weapons to the Syrian government – in violation of the European embargo - has been stopped. The shipping firm has denied all reports of the ship having arms on board.
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Business & Money: 15 Apr 12
Europe needs a new approach to saving the euro, and Germany should finance it, says star investor and hedge fund manager George Soros.
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Politics: 11 Apr 12
Iran has stopped oil imports to Germany and reduced its consumption of EU products as the European Union moves towards a total embargo on Iranian oil, Iranian media reported on Wednesday.
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Business & Money: 10 Apr 12
The healthcare industry could create tens of thousands of new jobs this year, the German Association of Chambers of Commerce and Industry said in a report published on Tuesday.
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Society: 4 Apr 12
A German court upheld Wednesday a ban on night flights at Frankfurt airport, Europe's third busiest, in a move that will deal a serious blow to freight companies including Lufthansa Cargo.
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Business & Money: 4 Apr 12
A project to deepen more than 130 kilometres of the River Elbe so giant cargo ships can reach Hamburg harbour is likely to go ahead after a crucial vote – although environmentalists have vowed to challenge the decision in court.
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Business & Money: 30 Mar 12
Higher petrol prices just as school holidays start could be a thing of the past, with the German government taking steps to stop fuel firms taking advantage of people’s travel plans.
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National: 30 Mar 12
As around 10,000 workers at drugstore chain Schlecker found dismissal letters in their post boxes on Friday, Chancellor Angela Merkel’s coalition was riven by the refusal of her partner party to support a programme to help staff.
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Business & Money: 29 Mar 12
The outlook for jobs in Germany is buoyant, despite a struggling economy, new statistics revealed Thursday show. The number of Germans in work rose once again in February.
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Business & Money: 28 Mar 12
The Italian Prime Minister has blamed Germany for Europe's debt woes which, he told reporters on Wednesday, lie in irresponsible parenting from stronger member countries during the eurozone’s infancy.
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Politics: 25 Mar 12
German Chancellor Angela Merkel's party received an electoral boost on Sunday in a regional vote which also handed her coalition allies a big defeat ahead of national elections in 2013.
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Business & Money: 23 Mar 12
American airlines have launched a legal bid to strike out a tax which adds up to €45 onto every transatlantic plane ticket leaving German soil.
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Business & Money: 22 Mar 12
The number of people out of work in Germany will continue to fall this year, even if not so sharply as in the past two years, the Institute for Employment Research (IAB) forecast on Thursday.
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National: 21 Mar 12
German petrol prices are at record highs – and nearly half the increase has been funnelled directly into industry profits, a new study shows.
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Business & Money: 19 Mar 12
The Internet is becoming increasingly important for the German economy, which traditionally has been based firmly on manufacturing and export.
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Business & Money: 16 Mar 12
Corruption will blow a quarter-trillion-euro hole in Germany's economy in 2012, despite the country being near the top of Transparency International's anti-corruption index, an alarming new study has estimated.
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Business & Money: 16 Mar 12
Chancellor Angela Merkel has tipped German Finance Minister Wolfgang Schäuble to take over as head of the Eurogroup of eurozone finance ministers, a newspaper reported on Friday.
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Business & Money: 15 Mar 12
China was the top foreign investor in Germany last year, ahead of the United States, Switzerland and France, the government development agency Germany Trade & Invest said on Thursday.
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Business & Money: 15 Mar 12
Around half the people working at bankrupt drug store chain Schlecker discovered on Wednesday evening that their shops were to be closed down – and they were out of a job.
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National: 10 Mar 12
Angela Merkel has defended Germany's plans to phase out nuclear power, speaking on the eve of the first anniversary of Japan's Fukushima disaster.
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Business & Money: 8 Mar 12
Industrial activity in Germany rebounded in January after grinding to a halt at the end of last year, official data showed on Thursday.
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Society: 4 Mar 12
Undeterred by tricky grammar and complicated constructions, a record number of adults are trying to learn German at the 150 Goethe Institutes worldwide, but this enthusiasm is not shared among European high school students.
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National: 4 Mar 12
Greek opposition politicians are not grateful enough for German and European efforts to stabilize their economy, a leading German coalition partner politician said in an interview published Sunday.
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Business & Money: 29 Feb 12
The German labour market continued to shrug off the eurozone debt crisis during February, with unemployment holding steady at low levels, while a stable first quarter should enable the economy to just scrape past a dip into recession.
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Politics: 28 Feb 12
German reluctance to boost funds to prevent debt contagion pushed the EU on Tuesday into cancelling eurozone talks on the matter despite pressure from G20 ministers.
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Business & Money: 28 Feb 12
German consumer confidence hit its highest level in a year, data showed on Tuesday, fuelled by households' rising income expectations despite the eurozone debt crisis.
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Politics: 28 Feb 12
Former German Chancellor Helmut Kohl has warned against losing confidence in the benefits of a united Europe, saying “the bad ghosts of the past” were not gone and that the continent remained, “a question of war and peace.”
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Politics: 27 Feb 12
German lawmakers voted overwhelmingly Monday to endorse a second multi-billion euro lifeline to avert a Greek bankruptcy which Chancellor Angela Merkel warned would entail incalculable risks.
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Business & Money: 24 Feb 12
Robust growth and record low unemployment enabled Germany to slash its public deficit last year, even though the economy shrank slightly in the last quarter, official data showed on Friday.
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Science & Technology: 24 Feb 12
Opposition parties accused Germany’s environment and economy ministers of endangering thousands of jobs as well as the country’s switch to renewables by cutting solar power subsidies.
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National: 23 Feb 12
A Greek radio station has been fined €25,000 for allowing one of its journalists to refer to German Chancellor Angela Merkel as a “dirty Berlin slut” on air.
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Business & Money: 23 Feb 12
German business confidence rose to a seven-month high in February as robust domestic demand helped protect the German economy against the debt crisis, data showed on Thursday.
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Politics: 21 Feb 12
Joachim Gauck’s nomination for the German presidency nearly brought down Angela Merkel's coalition government, with her Christian Democratic Union accusing their junior partners the Free Democrats of blackmail.
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Business & Money: 20 Feb 12
Greece, which is teetering on the brink of bankruptcy, is "no threat to the world economy," Germany's European Central Bank executive board member Jörg Asmussen said on Monday.
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National: 17 Feb 12
Travel chaos at Frankfurt Airport is expected to worsen on Friday, as air traffic ground staff extend their strike. Hundreds of flights could be cancelled at Germany's biggest air hub.
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National: 17 Feb 12
The United States vowed Thursday to retain close military ties to its European allies after unveiling plans to withdraw more than 11,000 troops from Germany and Italy as part of a strategic shift to Asia.
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Business & Money: 16 Feb 12
More than one million jobs in Germany are unfilled, a survey showed on Thursday, as unemployment in Europe's top economy stands at record lows and employers complain of a skills shortage.
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Business & Money: 15 Feb 12
The eurozone debt crisis brought the German economy, Europe's biggest, to a standstill at the end of last year, data showed Wednesday - but the pause in growth will prove only temporary, analysts said.
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Business & Money: 14 Feb 12
German investor confidence hit a 10-month high in February amid optimism Europe's top economy will be able to escape from the eurozone crisis relatively unscathed, data showed on Tuesday.
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Business & Money: 14 Feb 12
The Organisation for Economic Co-operation and Development (OECD) has predicted that Germany, Europe's top economy, will grow by 0.4 percent this year, the Economy Ministry in Berlin said on Tuesday.
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Business & Money: 13 Feb 12
German ministers continued to increase pressure on Greece to implement savings measures over the weekend, despite the Greek parliament voting clearly in favour of a radical reform packet which provoked riots in Athens.
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Analysis & Opinion: 10 Feb 12
German Chancellor Angela Merkel is running for re-election – in France. The Local’s Marc Young takes a closer look at the “Merkozy” phenomenon.
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Business & Money: 10 Feb 12
Two thirds of Germans voiced doubt in a poll published Friday that heavily-indebted Greece is serious in its commitment to pare down its spending in order to receive a bailout and avoid bankruptcy.
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National: 8 Feb 12
Germany and Kazakhstan signed agreements Wednesday worth €3 billion ($4 billion) to cooperate on raw materials, industry and technology in Berlin.
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Business & Money: 8 Feb 12
German exports topped €1 trillion for the first time in 2011, but fell at year-end as the eurozone debt crisis hit demand for goods made in Germany, official data showed on Wednesday.
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Politics: 8 Feb 12
Chancellor Angela Merkel’s conservatives are flying high in a new opinion poll showing them garnering their best result since her beleaguered coalition took power in 2009. Germans are also more confident the euro crisis can be beat.
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Politics: 7 Feb 12
As President Christian Wulff remains mired in allegations of impropriety, anti-corruption group Transparency International (TI) has called for politicians to use the case as a chance to open up German politics.
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Society: 6 Feb 12
Germany, holding up better than its eurozone partners in the current economic crisis, is battling the increasingly widespread phenomenon of "burnout" which is supposedly costing its economy billions of euros each year.
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Business & Money: 6 Feb 12
Germany, the eurozone's biggest economy, saw the release of further favourable economic data on Monday with industrial orders in December partly reversing steep falls seen the previous month.
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Politics: 6 Feb 12
Increasingly citing Germany as a model for France, President Nicolas Sarkozy will look to give his re-election hopes a boost Monday in a joint TV interview with Chancellor Angela Merkel.
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Business & Money: 6 Feb 12
China's Premier Wen Jiabao said a stable Europe was key to stability at home, in comments published Sunday, at the end of a week that saw Germany's chancellor visit Beijing.
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Analysis & Opinion: 3 Feb 12
The economy in shambles, angry street protests, and the government on the brink after passing unpopular reforms. But this is not Greece in 2012 – it was Germany a decade ago. Marc Young looks back to see an agenda for the future.
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Politics: 2 Feb 12
German Chancellor Angela Merkel urged Beijing Thursday to put pressure on Iran over its controversial nuclear programme as she began an official visit to China on Thursday.
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Business & Money: 31 Jan 12
Long-term unemployed people are still having difficulty finding a job despite Germany’s robust economy in recent years, according to a media report on Tuesday.
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Business & Money: 30 Jan 12
Putzmeister, a German family-owned engineering firm, is to being taken over by Chinese construction equipment giant Sany Heavy Industry, the German company said on Monday.
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Business & Money: 30 Jan 12
Germany, the world's number two exporter, expects healthy growth in foreign demand for its goods this year thanks to booming emerging markets and a nascent US recovery, according to a report on Monday.
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Politics: 30 Jan 12
Chancellor Angela Merkel sought Monday to placate critics of a German proposal to put Greece under the supervision of an EU budget tsar, saying Europe must help Athens enact economic reforms.
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Business & Money: 27 Jan 12
December saw the biggest tax haul in German history, it was reported Friday – but the recent revenue boom is slowing down.
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Politics: 26 Jan 12
Chancellor Angela Merkel has warned that Germany was not prepared to expose itself to further damage on the markets in order to save the eurozone as the IMF called for a pooling of rescue funds.
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Business & Money: 25 Jan 12
The German economy, Europe's biggest, got off to a good start in the new year, with business confidence rising for the third month in a row, the Ifo economic institute said on Wednesday.
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National: 24 Jan 12
The number of people seeking asylum in Germany has jumped to its highest point in eight years, although it is still well below early-90s levels, a newspaper report said Tuesday.
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Business & Money: 20 Jan 12
Germany pushed for quick decisions to be made on a mooted tax on financial transactions on Friday, amid British fears that such a levy could drive away business from Europe.
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Society: 19 Jan 12
The biggest agriculture show in the world opens in Berlin on Friday, with the dominant message being: Animal-friendly agriculture is possible, but it costs extra.
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Business & Money: 19 Jan 12
Germany’s economy is still in the danger zone, with banks stockpiling money in the European Central Bank (ECB) instead of lending it, Jürgen Fitschen, next in line to lead Deutsche Bank, warned on Thursday.
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Society: 18 Jan 12
Germans are world champions of travel, spending more than €60 billion on trips abroad last year - but the Chinese could soon overtake them, according to Commerzbank statistics released Tuesday.
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Business & Money: 16 Jan 12
New rules being planned by the European Union which would limit the use of the label “Made in Germany” could cause “immense damage”, Germany’s industry lobby group warned on Monday.
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National: 16 Jan 12
Greece and Europe belong together, Germany's foreign minister said Sunday after meeting the debt-crippled country's leaders ahead of a week of tough talks for Athens with its creditors.
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National: 15 Jan 12
As the German economy shines, next door France plunges into recession, shedding jobs and losing its top credit rating. But President Nicolas Sarkozy has a plan to save the country, by making it more like Germany.
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National: 14 Jan 12
German Chancellor Angela Merkel said Saturday that Europe still had a "long road ahead" to restore investor confidence, after a raft of credit rating downgrades of EU countries.
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National: 13 Jan 12
A large number of new immigrants pushed up Germany's population in 2011 for the first time in eight years, the national statistics office, Destasis, said on Friday.
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Business & Money: 11 Jan 12
Chancellor Angela Merkel on Wednesday said she had "great respect" for the economic reforms implemented by Italy, as the crisis-wracked country battles to bring down its debt.
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Business & Money: 11 Jan 12
Ratings agency Fitch offered a ray of light for the eurozone Tuesday as German Chancellor Angela Merkel met IMF chief Christine Lagarde on Greece's struggle to cut its debt, amid tentative signs of progress.
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Politics: 10 Jan 12
Chancellor Angela Merkel is facing a crisis in her governing coalition after agreeing with French President Nicolas Sarkozy to push for a financial transaction tax, even if Britain opts out.
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Business & Money: 9 Jan 12
The leaders of Germany and France put aside their differences on a controversial tax of financial market transactions and promised to speed up various measures to ease the eurozone crisis, as the euro flirted with new market lows Monday.
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Business & Money: 9 Jan 12
As European leaders struggle to stave off a looming recession this year, Germany – the continent’s biggest and healthiest economy – is probably already in one, according to economists surveyed by Die Welt newspaper.
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Business & Money: 4 Jan 12
Germany will escape recession this year despite the ongoing eurozone debt crisis and return to solid growth in 2013, one of the country's top institutes said Wednesday.
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Business & Money: 4 Jan 12
The European Central Bank put an end Tuesday to a bitter battle between France and Germany over a key post within the bank by naming a Belgian to the highly coveted position of chief economist.
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Business & Money: 3 Jan 12
The German labour market is continuing to hold up against the crisis and unemployment dropped to its lowest level in 20 years in the whole of last year, new data showed on Tuesday.
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