Germany will unlock hundreds of billions of euros for defense and infrastructure investments in a dramatic shift that upends its ironclad controls on government borrowing. Chancellor-in-waiting ...
Tesla had its second straight difficult month in Germany, as data released Wednesday showed that vehicle registrations fell 76% in February in Europe’s largest economy. Germany’s federal motor ...
It will also enable usually fiscally conservative Germany to create a €500 billion ($545 billion) fund for infrastructure. Robin Winkler, a senior economist at Deutsche Bank, called the debt ...
Nearly 5.4 million people in Germany receive Bürgergeld — social benefit payments that cover a wide range of needs, from the unemployed to the working poor to adults with disabilities.
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Image: Friedrich Merz is Germany's incoming leader. Pic: Reuters Some €500bn (£418m) will also be freed up to improve roads, schools, bridges and other infrastructure but will also pay for ...
BERLIN, March 22 (Reuters) - Germany has temporarily closed its embassy in South Sudan's capital Juba because of rising tensions that have brought the East African country to the verge of civil ...
Volkswagen’s Audi luxury brand has announced it will cut thousands of jobs over the next few years, in the latest sign of trouble in Germany’s auto sector. The automaker said in a statement ...
“We want to be part of the solution, in terms of creating new business opportunities and diversifying trade,” said Tjorven Bellmann, Germany’s ambassador to Canada. She was speaking at a ...
Over decades, Germany has amassed a mountain of debt totaling €1.7 trillion. In 2024, €33 billion in the budget were earmarked for interest payments alone, and interest payments go up with ...
Fiscal expansion could increase GDP by 2% per year German economy seen stagnating this year Recovery expected in 2026, 1.1% growth without fiscal package BERLIN, March 14 (Reuters) - Germany's ...