Edition:
United Kingdom

Michael Nienaber

Wie Corona die deutsche Leistungsbilanz wieder ins Lot bringt

26 Jun 2020

Berlin Was Donald Trump und EU-Kommission mit ihren mehr oder minder freundlichen Appellen nicht geschafft haben, gelingt Corona im Handumdrehen: Der im Ausland seit Jahren angeprangerte enorme deutsche Exportüberschuss wird nach Prognose von Bundesbank und führenden Instituten wegen der weltweiten Rezession in diesem Jahr kräftig sinken.

Coronavirus and Merkel's quest for legacy speed up German rebalancing

25 Jun 2020

BERLIN A coronavirus-induced plunge in German exports and a fiscal U-turn by Chancellor Angela Merkel as she seeks to cement her place in history are accelerating a long demanded rebalancing of Europe's largest economy.

German private sector slowly digging its way out of recession: PMI

23 Jun 2020

BERLIN Germany's private sector recession eased further in June but coronavirus-related disruptions and uncertainty continued to weigh on demand, a survey showed on Tuesday, suggesting that Europe's largest economy is set for a slow recovery.

German prosecutors accuse Russia of ordering murder of former Chechen rebel in Berlin

19 Jun 2020

BERLIN German federal prosecutors accused Russia on Thursday of ordering the killing of a former Chechen rebel in Berlin last summer and indicted a Russian man for the murder, which has severely strained diplomatic ties. | Video

German cabinet approves record new borrowing in coronavirus fight

17 Jun 2020

BERLIN Chancellor Angela Merkel's cabinet on Wednesday passed another extra budget to finance its bumper stimulus package, pushing up overall new borrowing to a record 218.5 billion euros ($245.35 billion) this year in its fight against the coronavirus. | Video

Ka-boom! How Germany's 'Mr Thrift' Scholz came to splash the cash

17 Jun 2020

BERLIN Four months is an eternity in pandemic politics. As recently as February, Finance Minister Olaf Scholz was Germany's Mr Thrift, a devotee of the "black zero" balanced-budget rule.

Germany's debt plans create budget deficit of 7.25% this year: sources

15 Jun 2020

BERLIN German Finance Minister Olaf Scholz will ask parliament to increase new borrowing by a further 62.5 billion euros ($70.5 billion) to a record 218.5 billion this year for measures to boost recovery from the coronavirus pandemic, two people familiar with the plans said on Monday.

Scholz erwägt für Konjunkturpaket mehr als 30 Mrd. Euro neue Schulden

10 Jun 2020

Berlin Bundesfinanzminister Olaf Scholz fasst für den zweiten Nachtragsetat zur Coronavirus-Krise deutlich mehr neue Schulden ins Auge als erwartet.

Exclusive: Germany eyes up to 50 billion euros of additional debt for stimulus push - source

10 Jun 2020

BERLIN German Finance Minister Olaf Scholz is considering borrowing up to another 50 billion euros ($56.8 billion) to finance Berlin's bumper stimulus package, a senior official with knowledge of the discussions told Reuters.

German cabinet speeds up stimulus package

08 Jun 2020

BERLIN German Chancellor Angela Merkel's ruling coalition is speeding up the implementation of its giant stimulus package with a special cabinet meeting on Friday, a government spokesman said on Monday in light of devastating economic data.

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