CashNews.co GZERO MediaWill Germany’s ruling coalition survive the winter?Germany’s coalition government is seemingly on the rocks as Berlin contends with a stagnant economy and the three ruling parties — the….27 minutes ago Read More #cashnews #German #finance
CashNews.co Key Biscayne, FL (33149) Today A shower is possible early. Windy with partly cloudy skies. Low 77F. Winds E at 20 to 30 mph.. Tonight A shower is possible early. Windy with partly cloudy skies. Low 77F. Winds E at 20 to 30 mph. Updated: October 30, 2024 @ 10:47 pm […]
CashNews.co Germany narrowly escaped a recession in the third quarter, official data showed Wednesday, offering some relief to Europe’s biggest economy as its fortunes falter. Gross domestic product rose 0.2% in the July-to-September period driven by an increase in government and household spending, following a 0.3% contraction in the three months prior, according to Germany’s […]
CashNews.co By Maria Martinez BERLIN (Reuters) -Germany’s gross domestic product unexpectedly increased in the third quarter, skirting a recession, but inflation rose more than expected in October, interrupting the downward trend in Europe’s troubled largest economy. “This is still far from what we need, but at least it is a ray of hope,” Economy Minister […]
CashNews.co Chancellor Olaf Scholz held a much-vaunted “industrial summit” on Tuesday, sitting down with business leaders and union bosses to figure out how to pull Germany out of its current malaise. Pointedly left off the guest list: his own finance and economy ministers. Robert Habeck, the economy minister, responded by unveiling plans for a multibillion-euro, […]
CashNews.co German output likely contracted again in the third quarter as an industrial slump drags on, official data is expected to show Wednesday, tipping Europe’s largest economy into recession. Federal statistics agency Destatis will unveil its quarterly GDP estimate at 10am (0900 GMT). The economy ministry has said it expects “a renewed slight decline” after […]
CashNews.co BERLIN (AP) — Germany’s economy isn’t growing and the governing coalition has a lot of ideas on how to fix it. But it can’t agree which the right one is. The latest outbreak of infighting in Chancellor Olaf Scholz’s government has raised questions about whether it will get anything done in the 11 months […]
CashNews.co Published : 32 seconds agoon 29/10/2024 By Christian Kraemer, Maria Martinez and Rene Wagner BERLIN (Reuters) – Germany’s ideologically disparate coalition of Social Democrats (SPD), free-market Free Democrats (FDP) and Greens will have to find joint answers to the economic malaise in Europe’s biggest economy, Finance Minister Christian Lindner said on Tuesday. Headed by […]
CashNews.co (Bloomberg) — Deutsche Bank AG, UniCredit SpA and two more lenders have sued Germany’s industry watchdog to get back their share of a €2.3 billion ($2.5 billion) restructuring fund they were forced to pay for in the wake of the 2008 financial crisis. Most Read from Bloomberg The four banks, which also include DZ […]
CashNews.co By Christian Kraemer, Maria Martinez and Rene Wagner BERLIN (Reuters) – Germany’s ideologically disparate coalition of Social Democrats (SPD), free-market Free Democrats (FDP) and Greens will have to find joint answers to the economic malaise in Europe’s biggest economy, Finance Minister Christian Lindner said on Tuesday. Headed by Lindner, the FDP organised their own […]