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Coalition bickers over tax reform promises
Taxes

Coalition bickers over tax reform promises

German Finance Minister Wolfgang Schäuble on Thursday ruled out a major tax reform before 2013, potentially setting the stage for conflict within Chancellor Angela Merkel's new centre-right coalition.
Economic crisis boosts German unemployment
Jobs

Economic crisis boosts German unemployment

German unemployment rose slightly to 8.3 percent of in August, official data showed on Tuesday, while analysts and officials warned of likely further pressure on the labour market in Europe's biggest economy.
Qatar buys into VW
Cars

Qatar buys into VW

The Gulf state of Qatar has taken a 6.78-percent stake in Europe's biggest carmaker Volkswagen as part of a plan to take over around 17 percent of the company, Volkswagen said on Friday.
Metro mulls cutting 17,000 jobs
earnings

Metro mulls cutting 17,000 jobs

German retailing giant Metro said on Monday it was now considering cutting 17,000 jobs as part of its major restructuring programme – potentially eliminating thousands more positions than previously announced.
Unemployment drops slightly
Jobs

Unemployment drops slightly

Germany’s unemployment rate in June fell slightly to 8.1 percent from 8.2 percent last month, but the slight improvement doesn’t mean the economy is out of troubled waters yet, analysts said on Tuesday.