Mr Sarrazin says his book should be read in full before being criticised
The German government has condemned an official with the country’s central bank on the publication of his book on immigration
Exports have been a driving force behind Germany economic recovery
The German economy is poised to grow by about 3% this year, after growing at its fastest rate for more than 20 years during the April-to-June quarter.
That spurt has led the Bundesbank central bank to raise… more...
Investor confidence fell for the fourth month in a row
German investor confidence has fallen sharply this month on fears that the strong economic growth recorded in the second quarter will not last.
The ZEW Indicator of Economic… more...
The German economy grew by 2.2% in the three months to the end of June, its fastest quarterly growth in more than 20 years, official figures show.
“Such quarter-on-quarter growth has never been recorded before in reunified Germany,” the national statistics office, Destatis, said.
The main reason for the higher-than-expected growth was strong exports, helped by a weaker euro.
The eurozone economy grew by 1% during the… more...
Strong demand for German goods in Asia have boosted exports
Germany’s exports rose faster than expected in June, a further sign of recovery in Europe’s biggest economy.
Exports were up 3.8% compared with a month earlier, and up… more...
Deutsche Bank said it was continuing to gain market share
Deutsche Bank has reported a second-quarter net profit of 1.2bn euros ($1.56bn; £1bn), up from the 1.1bn-euro profit it made a year ago.
Germany’s biggest lender was helped… more...
Confidence in the German construction sector has improved
German business confidence jumped in July by the largest amount for 20 years, a survey has indicated.
The Ifo Business Climate Index climbed to 106.2 in July, up from 101.8 in June, a… more...
German Chancellor Angela Merkel has been given the backing of her coalition cabinet for a fiscal austerity programme.
Berlin will cut the budget deficit by a record 80bn euros ($96bn; £66bn) by 2014.
The plan would cut the deficit by about 3% of GDP. The total deficit in 2009 was 3.1%, but is projected to grow to more than 5% this year.
“Germany has an… more...
Chancellor Merkel says Germany cannot live beyond its means
German Chancellor Angela Merkel is holding a special, two-day cabinet meeting to come up with a savings plan for the country’s budget.
Berlin wants to rein in its deficit to meet European Union rules, as a sovereign-debt crisis… more...
Chancellor Merkel has come under fire for her handling of the crisis
German Chancellor Angela Merkel has pushed for much stricter regulation of international markets, which she said must be the “benchmark” within Europe.
Hosting an international conference, she also said all governments must act… more...