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"DW": Germany counts on Polish economic miracle
German companies want to use the potential of the Polish economy. They are also tryin.....»»
The eurozone economy shrank by less than expected in the final quarter of 2020 - but analysts say the slow rollout of vaccines will limit the recovery
The eurozone economy shrank 0.7% in the final three months of the year. But the slow rollout of coronavirus vaccines is worrying economists. Germany's e.....»»
Bond Report: 10-year Treasury yield books biggest daily drop in 10 weeks on eurozone economic concerns
U.S. Treasury yields fall Monday in line with European bond markets after data in Germany pointed to deterioration in the eurozone economy, hinting at the possibility of a double-dip recession......»»
Germany slips into recession as coronavirus hits — its sharpest decline since the global financial crisis
Associated Press The German economy plunged into recession as the country's federal statistics authority released grim data showing a contraction of 2.2% on Friday. The economy's decline reflects its biggest quarterly .....»»
Germany in recession as economy shrinks 2.2% in 1st quarter
Europe's biggest economy went into recession following a small dip at the end of last year.....»»
Germany Dumps Into Recession As GDP Drops 2.2%
Germany’s Federal Statistical Office (Destatis) announced that first-quarter GDP dropped 2.2% as its economy plunged into recession. Notably, COVID-19 could only have affected the latter part........»»
Mexico"s president revs up car industry, and wider economy
President Andres Manuel Lopez Obrador will lay out a roadmap on Wednesday for Mexico to re-open its economy, with a focus on the automotive sector whose supply chains are closely interwoven with U.S. carmakers......»»
Germany"s Altmaier opposes active state role at Lufthansa
Germany is working on a "concrete model" to aid Lufthansa, Economy Minister Peter Altmaier said on Sunday, amid a political row over whether the state should take a strategic shareholding and play an active role in the stricken airline......»»
The horrendous impact of coronavirus on Europe"s economy is growing clearer as GDP shrinks 3.8%, and Germany, France, and Spain report catastrophic data
REUTERS/John Kolesidis The eurozone economy contracted by 3.8% in the first quarter of 2020, according to preliminary estimates from Eurostat. The EU as a whole lost 3.5% of GDP, the data showed. France and Spain's economies.....»»
Daimler resumes engine production at Mercedes in Germany
Mercedes-Benz is ramping up engine production at its plant in Bad Cannstatt, Stuttgart, this week after Germany eased lockdown measures in a sign Europe's largest economy is getting back to work after the coronavirus brought the country to a standstill......»»
JPMorgan"s Kolanovic Weighs In On The Market
JPMorgan's Marko Kolanovic said on CNBC's "Fast Money" that he expects the economy to open sooner and the expects some limited moves within the week from now, similar to what's occurring in Germany. read more.....»»
Germany may raise up to €350bn in new borrowing to fight coronavirus
Germany may to authorize more than €350bn in new debt — equivalent to nearly 10 per cent of its gross domestic product — to pay for a slew of emergency measures designed to save its economy from the brutal effects of the coronavirus pandemic.....»»
Exclusive: ECB"s Lagarde overruled German and Dutch resistance to "no-limits" pledge - sources
ECB President Christine Lagarde overruled objections from Germany and the Netherlands to adopt a historic "no-limits" commitment to shore up the region's economy in the face of the coronavirus meltdown, three sources told Reuters......»»
Will the United States Follow Germany’s Emergency Stimulus and Rescue Plan?
Germany just took major steps to stabilize and stimulate the economy, and the United States may want to follow suit......»»
Germany has offered companies "unlimited" loans to stop them from collapsing because of the coronavirus pandemic
REUTERS/Martin Schlicht Germany offers "unlimited" loans to all German companies affected by the coronavirus in an effort to protect its economy from c.....»»
Apple virus warning shakes stocks, euro near three-year low
World stocks markets were knocked off record highs on Tuesday as two of the world’s mega companies and Europe's largest economy, Germany, reported damage from the coronavirus outbreak......»»
Germany and China Both Flirt With Recession
A global recession already has started to spread. It seems less and less likely that the American economy can dodge the carnage......»»
Tesla can get support for German factory: Economy Minister
Tesla could get state subsidies in its plan to set up a gigafactory in Germany, the country's economy minister told a weekly newspaper......»»
Why the Far-Right AfD Creates Shock Waves in Germany
The euroskeptic, anti-immigration and anti-Islam Alternative for Germany party has upended the country’s normally staid politics, demonstrating that Europe’s biggest economy isn’t immune to the populism that has permeated its European Union neighbo.....»»
German economy to slow further in 2020 - BDI
Germany's economy suffered its weakest expansion since 2013 last year, and is seen as likely to slow further in 2020. David Pollard reports......»»