economic crisis

European Union

Backlash over EU crisis hits German popularity

Germany's efforts to save the euro and urge other European Union countries to embrace austerity to crawl out of the economic crisis is being greeted negatively by people across the bloc, a new poll has revealed.

economic crisis

Schäuble to ban naked short selling

Finance Minister Wolfgang Schäuble intends to ban short selling without first borrowing security, in a bid to rein in stock market speculation.

manufacturing

US should take Germany as example, says Obama advisor

One of President Barack Obama's senior economic advisors Paul Volcker said the US could take a leaf out of Germany's book when it comes to creating an export-based economy.

unemployment

Labour crunch likely to follow recession

German companies' order books are thin and people are working shorter hours, but some firms warn that qualified staff are hard to find as they recruit ahead of an anticipated rebound.

European Union

Among Europe's most damaged economies, Germany leads recovery

After Hungary, the financial crisis has damaged Germany more than any other European nation, but the country is also leading the way back to prosperity, a new study published by daily <i>Die Welt</i> found on Monday.

Economy

Germany ranks among top countries for foreign investment

Germany remains a favourite destination for international investors despite the global economic crisis, according to a new survey by professional services firm Ernst & Young.

Jobs

Government crafting economic rescue plan

The German government is putting together a €30 billion economic stimulus plan as the economy worsens, according to press reports published on Sunday.