BERLIN German Chancellor Angela Merkel has fended off growing calls for more fiscal stimulus by citing the slow outflow of existing federal funds - but data suggests the money is indeed being used up as local authority bottlenecks gradually clear.
Berlin Deutschland muss mehr investieren - weil viele Straßen, Brücken und Schulen marode sind, Hunderttausende Wohnungen in den Städten fehlen und die Zinsen so niedrig sind wie noch nie.
BERLIN Germany has the fiscal strength to counter any future economic crisis "with full force", Finance Minister Olaf Scholz said on Sunday, suggesting Berlin could make available up to 50 billion euros ($55 billion) of extra spending.
BERLIN German Chancellor Angela Merkel has fended off growing calls for more fiscal stimulus by citing the slow outflow of existing federal funds - but data suggests the money is indeed being used up as local authority bottlenecks gradually clear.
BERLIN Slumping exports sent Germany's economy into reverse in the second quarter, with prospects of an early recovery slim as its manufacturers struggle at the sharp end of a global slowdown amplified by tariff conflicts and fallout from Brexit. | Video
BERLIN German Finance Minister Olaf Scholz said on Monday that Berlin could pursue more ambitious climate protection measures and other big policy steps without having to incur new debt.
BERLIN German Finance Minister Olaf Scholz said on Monday that Berlin could pursue more ambitious climate protection measures and other big policy steps without having to incur new debt.
BERLIN Momentum in German exports slowed in the first half of 2019 and abruptly reversed in June, data showed on Friday, adding to signs of broad-based weakness in an economy increasingly relying on domestic demand to eke out even meagre growth.
- von Michael Nienaber und Christian Krämer und Holger Hansen
BERLIN Germany is considering ditching its long-cherished balanced budget policy to help finance a costly climate protection program with new debt, a senior government official said.
Leaders of the Group of Seven wealthy nations will discuss global trade woes at their annual summit on Sunday, likely laying bare a yawning divide between U.S. President Donald Trump and his Western allies.