BERLIN, July 17 (Reuters) – German Finance Minister Wolfgang
Schaeuble will offer Greece 100 million euros ($131 million) for
a fund to promote economic growth in a visit to Athens on
Thursday in a move unlikely to appease protesters who resent his
firm stance on austerity measures.
Tens of thousands of Greek workers have taken to the streets
to protest this week against government plans to fire public
sector employees to satisfy foreign lenders who granted
debt-stricken Greece a multi-billion euro aid tranche this
BERLIN, July 9 (Reuters) – A German artist who beamed the
words “United Stasi of America” onto the wall of the U.S.
embassy in Berlin says Washington’s spy methods make the former
East German secret police look like boy scouts.
A video of Oliver Bienkowski’s artwork is fast becoming a
hit on the Internet in Germany, tapping into widespread outrage
over U.S. surveillance programmes revealed by fugitive
ex-National Security Agency (NSA) contractor Edward Snowden.
BERLIN, July 5 (Reuters) – A slide in demand for capital
goods at home drove an unexpected 1.3 percent drop in German
industry orders in May, underscoring fragility in Europe’s
largest economy and disappointing hopes it might support
The second monthly drop in seasonally and price-adjusted
order intake compared with a consensus forecast in a Reuters
poll of 37 economists for a 1.2 percent rise. It was a steeper
fall than even the lowest forecast for a 0.7 percent slide.
BERLIN, June 27 (Reuters) – German joblessness unexpectedly
dropped in June and the unemployment rate remained close to its
lowest level since reunification more than two decades ago,
underscoring the strength of the domestic economy.
While European peers struggle with spiralling unemployment,
Germany’s labour market is robust, propping up consumer morale
which rose to its highest level in almost six years heading into
BERLIN (Reuters) – For Recep Demir, a businessman from Germany’s large Turkish diaspora, Chancellor Angela Merkel’s opposition to Turkey joining the European Union makes perfect sense.
The chancellor, seeking a third term in power in elections in September, is ostensibly appealing to conservative supporters by postponing talks on Turkey’s accession to the 27-member bloc.
BERLIN (Reuters) – Germany’s foreign minister said tensions with Ankara were undeniable after he met his Turkish counterpart on Saturday amid a row over Berlin’s criticism of a crackdown on protesters in Turkey and its reluctance to see Turkey join the EU.
Germany and Turkey on Friday summoned each other’s ambassadors for tit-for-tat reproaches after Merkel said she was “appalled” by Ankara’s response to the protests, and a Turkish cabinet minister accused her of blocking Turkey’s accession to the EU because she was “looking for domestic political material for her elections”.
BERLIN (Reuters) – Michelle Obama and her daughters threaded roses through the narrow slots of a Berlin Wall memorial on Wednesday, honoring those who died trying to cross the Cold War barrier at a site which holds special poignancy in the once divided city.
Accompanied by Angela Merkel’s husband Joachim Sauer, who like the German leader hails from the former East Germany, President Barack Obama’s family toured the Bernauer Strasse memorial where desperate residents of East Berlin once tried to jump from their windows into the western half of the city.
BERLIN (Reuters) – German industrial output and trade activity rose sharply in April but the Bundesbank cut its growth forecast for this year, saying Europe’s largest economy would slow down again after a second-quarter surge.
The jump in activity offered some encouragement to other euro zone states, which are counting on increased German demand to help them export their way out of the region’s crisis.
BERLIN (Reuters) – A slump in demand for capital goods at home and abroad drove a steeper-than-expected 2.3 percent drop in German industrial orders in April, underscoring how Europe’s largest economy is struggling to pick up after a weak performance over winter.
The drop in seasonally and price-adjusted order intake was the strongest since November, according to data from the Economy Ministry, comparing with a consensus forecast in a Reuters poll of 38 economists for a 1 percent fall.
BERLIN (Reuters) – The German government blocked legislation on Wednesday that could have granted dual citizenship to hundreds of thousands of immigrants even though it is trying to recruit skilled foreigners to alleviate a labor shortage.
The left-wing opposition accused Chancellor Angela Merkel’s coalition of holding an antiquated world view and anti-Turkish sentiment verging on racism, setting up immigration as a campaign issue before a federal election in September.