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Car sales on the rise in Germany

Car sales in Europe’s power house have increased again in recent months, the German Association of the Automotive Industry has reported. And despite VW’s pollution scandal, diesel cars are in high demand.

Deutsche Welle

Who pays for Germany’s nuclear phase-out?

Germany’s decision a few years ago to phase out nuclear power was an abrupt move. But it still remains unclear who foots the bill for shutting down the nation’s nuclear plants, as utilities seek damages from the state.

Deutsche Welle

Germany sticks to balanced budget policy

The German government has said Europe’s powerhouse will not move away from its budgetary policy of zero fresh borrowing, Brexit or not. It’s Berlin’s way of sending a “signal of continuity,” but not everyone is amused.

Deutsche Welle

German inflation picks up moderately

Inflation in Germany has gone up a bit recently, reflecting a trend reversal in energy prices and higher prices for services. But economists are far from sounding the all clear after the latest statistical data.

Deutsche Welle

German minimum wage set to rise in 2017

A special commission of German employers and workers has agreed to slightly increase the statutory national minimum wage, meaning good news especially for millions of low-skilled workers in Europe’s biggest economy.

Deutsche Welle

Soros in huge bet against Deutsche Bank

Bank shares have been hit hard since the UK’s Brexit referendum. Two hedge funds homed in on Germany’s Deutsche Bank – betting huge sums of money on the large lender’s stock price dropping further.

Deutsche Welle

Founding EU members talk Brexit in Berlin

Germany’s top diplomat Frank-Walter Steinmeier urged Brexit talks to start “as soon as possible” after meeting representatives of the EU’s founding nations. His colleagues also put pressure on London to hurry talks up.

Deutsche Welle

German leaders react to Brexit vote

Reactions to the UK’s decision to leave the European Union were quick to pour out of Germany, one of the bloc’s most stalwart proponents. Leaders will now discuss how to prevent a chain reaction in other EU states.

Deutsche Welle