Showing 11 results for 'German economy'
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There was a sharp deterioration in German business morale in August and expectations declined the most in sectors with relatively strong ties to the UK market.
Trade was the biggest factor in Germany's economy growing by 0.4 percent between April and June. as exports rose 1.2 percent. State spending and private consumption also contributed.
German factory orders unexpectedly fell in June as demand from eurozone countries plunged by 8.5 percent compared to May.
Deutsche Bank's chief economist David Folkerts-Landau wants the European Union to set up a 150 billion euro rescue fund to recapitalise European banks and address "one crisis after another".
There was an unexpected fall in exports from Germany in May and imports barely rose, further indicators of slowing growth in Europe's largest economy.
Germany is to stick to plans for a balanced budget over the next four years with Finance Minister Wolfgang Schaeuble saying the Brexit vote changes nothing for country's economy.
Moody's has downgraded the rating on Deutsche Bank's unsecured debt. Chief Executive John Cryan said he was "very disappointed".
Germany's economy just enjoyed its best performance in two years thank to strong private consumption and increased building activity.
German industrial output was down by 1.3 percent in March but still strong for the period from January to March.