wolfgang schäuble

budget

Booming economy seen shrinking deficit in coming years

Thanks to the booming economy and shrinking unemployment, Germany’s deficit for 2012 will likely be much lower than initially feared, sinking to €31.5 billion, according to government sources.

European Union

Schäuble: EU's Barroso 'complicating' euro crisis

German Finance Minister Wolfgang Schäuble said Monday that European Commission President Jose Manuel Barroso was making the eurozone debt crisis more complicated with calls to boost a rescue fund.

Economy

Schäuble regretful over press conference outburst

German Finance Minister Wolfgang Schäuble said Sunday he had possibly "overreacted" by publicly admonishing his spokesman during a press conference last week.

Health

Finance Minister to spend four weeks working from clinic bed

German Finance Minister Wolfgang Schäuble will be admitted to the hospital for the second time this year but will carry on with his official duties from there, his ministry announced on Tuesday.

Strikes

Public transport strikes on Wednesday

Administrative and maintenance staff at Berlin public transport operator BVG are to go on strike on Wednesday in a protest over pay. Subways, commuter trains, trams and busses will run, however administrative offices and garages will strike on Wednesday from 5am to 3pm.