ECB cuts key deposit rate by 25 bps to 3% amid concerns of tepid growth, impact of Trump trade policiesThe European Central Bank lowered its benchmark interest rate by a quarter-point to 3% amid concerns about slowing economic growth, politic...
German GDP downgraded in new blow for struggling economyGermany's third-quarter growth was revised down to a weaker-than-expected 0.1%, narrowly avoiding a recession. The country faces challenges...
With inflation down, ECB eyes faster tempo of rate cutsThe European Central Bank is expected to lower interest rates again this week as anxiety about inflation in the eurozone fades and concerns...
German economy shrank in 2023 on energy, export woesGermany's economy contracted slightly in 2023, with a year-on-year decline of 0.3%, according to preliminary data from Destatis. The countr...
Germany's economy shrank, and it's facing a spending crisis that's spreading more gloomGermany's economy has seen a 0.1% shrink in the July-to-September quarter due to inflation, according to the country's statistics office. T...
ECB holds interest rates for first time in over a yearThe European Central Bank ended a string of rate hikes that had begun in July of last year by leaving interest rates unchanged. Despite the...
German exports rise unexpectedly in April on China reopeningIn April, German exports rose unexpectedly, mainly on account of deliveries made to China following its post-pandemic reopening.
Germany in recession as inflation, higher rates biteInflation, which reached 7.2% in Germany in April, has been fuelled by the increased cost of energy. Consumer prices have come down only sl...
Eurozone inflation sees surprise rise after 5-month fallConsumer prices edged up from 6.9 percent in March, which could further encourage the European Central Bank (ECB) to raise interest rates o...
Germany's economic model shaken by energy crisisLess expensive to produce and transport, with prices pinned down in long-term contracts, Russian gas has for decades contributed to Germany...
Bottlenecks, virus curbs reverse German economy in Q4Last year the economy grew by 2.8 percent, according to revised figures published Friday, decidedly slower than neighbours like France, whi...
German economy shrinks by record 10.1% in second quarter due to coronavirus lockdownsGermany appears to have withstood the coronavirus shock better than many of its neighbours so far and began reopening factories, shops and ...
Low inflation back in focus at ECB policy meetingThe European Central Bank may have to consider fresh policy measures to prevent deflation in the single currency area, but will not move at...
Despite record surplus, Germany ignores calls to spend moreGermany posted a record-breaking EUR 21 bn surplus in the first half of 2015 but has turned a deaf ear to criticism from home and abroad th...
- ECB forced into 'U' turn on Greek borrowing: analysts
The European Central Bank made a sharp "U" turn on Monday in accepting junk-rated Greek bonds in exchange for loans, but made the best of a...
- With many eurozone countries struggling, ECB will move cautiously
The European Central Bank has already begun to undo exceptional measures taken amid the global financial crisis but will go more slowly tha...
- German economy records biggest contraction in 60 years
The German economy last year posted its biggest contraction since the Second World War as the global financial crisis engulfed Europe's eco...