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Germany Economy

Germany economy in 'disastrous' shape
Local German Business News In English

Germany is being pummelled by the global slowdown and "disastrous" data show its economy is already in recession, economists said on Thursday.
Source: The Local: Money

Economy Germany

German economic recovery falters

Germany's recovery from recession faltered in the final quarter of 2009, according to preliminary figures. Ref. Source 8

Germany Economy History & Civil Business Politics

Harsh winter hits growth
Local German Business News In English

Germany's booming economy slowed in the fourth quarter of last year amid exceptionally harsh winter weather, expanding just 0.4 percent according to figures published by the national statistics office on Tuesday.
Source: The Local: Money

Economy Germany

Booming economy seen shrinking deficit in coming years
Local German Business News In English

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. Source: The Local: Money

Economy Germany

German parliament backs euro fund: coalition member (Reuters)


Reuters - German Chancellor Angela Merkel will secure a parliamentary majority in favor of the planned permanent bailout fund for the euro zone, a senior coalition politician said on Saturday.

Source: Yahoo! News: Business - European Economy

Germany Economy

Germany rebuffs renewed euro bond debate (Reuters)


Reuters - Germany on Saturday rebuffed renewed calls that euro zone countries should issue joint euro-denominated bonds and have a joint finance minister, arguing that would only be possible if fiscal policy were collective already.
Source: Yahoo! News: Business - European Economy

Germany Economy

Germany 'risks entering recession' say think tanks:

A group of leading think tanks in Germany have cut growth forecasts for the country and warned of recession. Ref. Source 6

Germany Economy Politics Business Civil & History

Poverty stalks 'economic powerhouse' Germany:

Despite unemployment under six percent, poverty affects 16 percent of people. Ref. Source 4