BERLIN (Reuters) – German economic growth unexpectedly accelerated to 0.4 percent in the fourth quarter of 2013 thanks to a rise in exports and capital investment, seasonally-adjusted data showed on Friday, suggesting Europe’s largest economy will pick up steam in 2014.
Coming after growth of 0.3 percent in the third quarter, the fourth quarter expansion beat the Statistics Office’s estimate last month for “around a quarter of a percentage point” and the median forecast in a Reuters poll of economists for 0.3 percent.
BERLIN, Feb 14 (Reuters) – German economic growth
unexpectedly accelerated to 0.4 percent in the fourth quarter of
2013 thanks to a rise in exports and capital investment,
seasonally-adjusted data showed on Friday, suggesting Europe’s
largest economy will pick up steam in 2014.
Coming after growth of 0.3 percent in the third quarter, the
fourth quarter expansion beat the Statistics Office’s estimate
last month for “around a quarter of a percentage point” and the
median forecast in a Reuters poll of economists for 0.3 percent.
WINSEN, Germany (Reuters) – Germany’s anti-euro party is ready to team up with like-minded parties to block decisions if it enters the European Parliament after May elections, but it rejects cooperation with xenophobic politicians, its leader told Reuters.
Like other fringe parties across Europe with a eurosceptical bent, the Alternative for Germany (AfD) is seen winning its first seats in any parliament in the vote despite some ugly infighting over the past few months.
BERLIN (Reuters) – A “New Age” healer whose estranged son is a falconer are the odd couple at the heart of an English-language movie by Peruvian director Claudia Llosa that marked a coming-of-age moment for Latin American cinema at the Berlin film festival on Wednesday.
In a year when space blockbuster “Gravity” is tipped to bring Oscar glory to Mexican director Alfonso Cuaron, smaller international productions with strong Latin American artistic input are increasingly making their mark.
BERLIN (Reuters) – At 91-years-old, veteran French filmmaker Alain Resnais shows no sign of letting up his experimentation, drawing on theatre, graphic illustration and cinema in his whimsical comedy “Life of Riley” that premiered at Berlin’s festival on Monday.
In his third adaptation of a play by Britain’s Alan Ayckbourn, the lives of three couples are shaken up by the news their good friend George Riley is ill and has just months to live.
BERLIN, Feb 8 (Reuters) – George Clooney whistled a tune and
sang the praises of Belgian beer at the Berlin film festival for
the international premiere on Saturday of his World War Two art
caper “The Monuments Men”, but reality had already given him
publicity money can’t buy.
The premiere of the film which has been released in the
United States to mixed reviews was one of the most anticipated
events of the festival, where four German films are among 20
seeking the top prize.
BERLIN, Feb 8 (Reuters) – A sumptuous historical drama with
German poet Friedrich Schiller at the heart of a love triangle
in “Beloved Sisters” transported audiences back in time on
Saturday with the second of four German entries for best movie
at the Berlin Film Festival.
In the evening the festival will see the international
premiere of George Clooney’s “The Monuments Men” about a squad
of art specialists sent into Europe near the end of World War
Two to rescue art works from the retreating Nazis.
BERLIN (Reuters) – German exports unexpectedly fell on the month in December after four consecutive monthly gains, a sign that the brightening global outlook does not yet mean Europe’s largest economy can rely on foreign demand to power growth.
Federal Statistics Office Data on Friday also showed Germany’s trade surplus reached a new record last year as imports fell more sharply than exports.
BERLIN (Reuters) – German industrial orders unexpectedly fell in December but rose robustly on a two-month average thanks to an upwardly revised surge in November intake, suggesting industry in Europe’s largest economy continues to gain momentum.
Weak domestic demand drove a 0.5 percent drop in orders, seasonally-adjusted data from the Economy Ministry showed on Thursday, missing the forecast in a Reuters poll for a 0.4 percent rise.
BERLIN (Reuters) – Germany must publish the full list of artworks found in the flat of an elderly recluse last year which are mostly believed to have been looted or extorted by the Nazis, a German court ruled on Friday, citing the need for transparency in a case long hushed up.
The stash of more than 1,400 paintings, drawings and sculptures includes works by Picasso, Matisse and German expressionists Otto Dix and Ernst Ludwig Kirchner. Authorities have valued the collection at 1 billion euros ($1.35 billion).