Stagnating euro zone seeks German shift


BRUSSELS - France and Italy sought on Friday to bridge stark differences with Germany over how to avert economic stagnation and deflation, but Chancellor Angela Merkel warned her peers against repeating the euro zone's debt crisis.


EU's growth tsar tells Germany to invest more, no decision on Italy 24 Oct 2014

BRUSSELS - Germany's potential for economic growth is far too low and the country must invest more, the EU's top economic official said on Friday, joining a growing chorus of leaders who want Europe's biggest economy to spend more to avoid euro zone stagnation.

Merkel to Hollande: budget rigour, growth go together 23 Oct 2014

BRUSSELS - Germany and France both called for economic growth to be at the heart of the euro zone's budget strategy on Thursday but German Chancellor Angela Merkel warned against returning to the pre-crisis days of high spending to try to revive the economy.


Insight - Mario Draghi's German problem 23 Oct 2014

BERLIN/FRANKFURT/PARIS - In early October, European Central Bank board member Benoit Coeure paid a discreet visit to the Chancellery in Berlin to express concerns about rising criticism of the bank from German politicians.


German private sector expands in October, eases growth concerns - PMI 23 Oct 2014

BERLIN - Germany's private sector grew faster in October as manufacturing rebounded, suggesting Europe's largest economy may be gaining momentum in the fourth quarter, a survey showed on Thursday.

Global growth worries take shine off ABB's order surge 23 Oct 2014

ZURICH - Bleaker global growth prospects are keeping Swiss engineer ABB cautious about its prospects, despite a bigger-than-expected rise in third-quarter orders and a return to profit at its troubled power systems business. | Video

Whitbread to expand into Germany with new hotel trial 21 Oct 2014

LONDON - Whitbread is to expand into Germany after record demand for rooms at its Premier Inn hotels and a strong performance from the Costa Coffee chain gave the British group the confidence to take its business model into mainland Europe.


Germany, France to seek deal on investment, reforms 20 Oct 2014

BERLIN - Germany and France sought to paper over deep differences about how to bolster a faltering European economy, promising on Monday to unveil joint proposals on strengthening investment and competitiveness by early December. | Video


Germany risks recession, in Bundesbank's bleak outlook 20 Oct 2014

FRANKFURT - Germany risks coming dangerously close to recession, the central bank said on Monday in a forecast that predicted little or no economic growth in the second half of the year.

France urges Germany to boost investment spending 20 Oct 2014

BERLIN - French Economy Minister Emmanuel Macron has called on Germany to spend an additional 50 billion euros (39.59 billion pounds) on investments over the next three years to support the European economy, according to comments that appeared in the Monday edition of the Frankfurter Allgemeine Zeitung (FAZ) daily.


Iraqi security forces and Kurds gain ground against Islamic State

BAGHDAD/ARBIL Iraq - Iraqi government forces and Shi'ite militias seized control of the strategic town of Jurf al-Sakhar near Baghdad from Islamic State on Saturday and Kurdish fighters made gains in the north after heavy coalition air strikes against the Sunni militants.