BERLIN The German economy grew by a record 8.2% in the third quarter as higher consumer spending and exports helped Europe's largest economy to recover partly from its worst-ever recession caused by the COVID-19 pandemic, data showed on Friday.
BERLIN German unemployment fell much more than expected in October and demand for job protection schemes kept declining as the labour market in Europe's largest economy continued to recover from the first wave of the coronavirus pandemic.
BERLIN, Oct 28 German Finance Minister Olaf Scholz is planning to take on "much more debt" than initially planned next year to finance new coronavirus aid measures and help companies survive the second wave of the pandemic, a government source said on Wednesday.
BERLIN Chancellor Angela Merkel in planning a "lockdown light" that will focus on closing bars, restaurants and public events to slow a second wave of COVID-19 infections in Germany, Bild newspaper reported on Monday.
Berlin Die Bundesregierung hat sich auf erste Konsequenzen aus dem milliardenschweren Wirecard-Bilanzskandal verständigt.
BERLIN Germany's coalition government agreed a package of reforms to financial and accounting rules aimed at avoiding another Wirecard scandal on Wednesday, but opposition lawmakers said it lacked detail on scope and timing.
BERLIN, Oct 7 Germany's coalition parties have agreed a package of reforms to financial and accounting rules aimed at avoiding another Wirecard scandal, a document seen by Reuters shows.
Berlin Die Bundesregierung hat sich auf erste Konsequenzen aus dem milliardenschweren Wirecard-Bilanzskandal verständigt.
BERLIN German industrial output edged down in August following three months of relatively strong increases, suggesting the recovery in Europe's largest economy from the coronavirus shock is starting to lose steam.
WASHINGTON/LONDON/BERLIN If Round One of the coronavirus relief effort was the economic equivalent of "shock and awe," new plans being developed by the world's biggest economies for more assistance to businesses and consumers are taking a narrower and more tactical approach.
President Donald Trump is spending the closing days of his re-election campaign criticizing public officials and medical professionals who are trying to combat the coronavirus pandemic even as it surges back across the United States.