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Sep 26, 2013

Mittelstand businesses fret as Germany shifts left

BERLIN, Sept 26 (Reuters) – The shock ejection of the Free
Democrats (FDP) from parliament in a German election on Sunday
has been greeted with a fair amount of “Schadenfreude” in Berlin
political circles.

But there is one group that is not celebrating – the small
and medium-sized businesses, known as the Mittelstand, that form
the backbone of the German economy and employ two of every three
workers in the country.

Sep 16, 2013

German anti-euro party mocks Merkel in bonfire stunt

BERLIN (Reuters) – Germany’s new anti-euro party, emboldened by opinion poll gains ahead of a weekend election, staged a mock burning of euro banknotes on Monday to protest against what it sees as the crippling costs of saving the common currency.

The Alternative fuer Deutschland (AfD), which calls for an “orderly dismantling” of the euro zone, is polling just one point short of the 5 percent threshold needed to enter parliament and could upset Chancellor Angela Merkel’s hopes of returning to power with her current coalition partner.

Sep 13, 2013

German far-left gets poll boost from Syria crisis

BERLIN (Reuters) – Socialist bookstands ring the campaign rally of Germany’s Left party, Trotskyites hawk newsletters and scarlet balloons stand out against the drab backdrop of high-rise apartment blocks in the autumnal drizzle.

The Left, whose old-school socialism appeals particularly in former communist East Germany, has leapt to third place in one opinion poll before the September 22 election, thanks partly to its categorical rejection of military intervention in Syria.

Sep 5, 2013

German July industry orders fall, but recovery trend intact

BERLIN (Reuters) – German industrial orders fell more than expected in July but a sharp upward revision for the previous month suggested the industrial sector in Europe’s largest economy has extended its recovery into the third quarter.

A plunge in euro zone orders for capital goods drove a 2.7 percent drop in industry orders in July, seasonally adjusted data from the Economy Ministry showed on Thursday, missing the consensus forecast in a Reuters poll for a 1 percent fall.

Sep 2, 2013

Former Nazi guard goes on trial for murder of resistance fighter

BERLIN (Reuters) – A 92-year-old who served in the Waffen-SS, Adolf Hitler’s elite Nazi troops, goes on trial on Monday in the western city of Hagen on charges of having shot in the back and killed a Dutch resistance fighter at the end of World War Two.

Although an international military tribunal put some of the most infamous Nazi leaders on trial soon after World War Two in the Nuremburg Trials, Germany has a patchy record on bringing its Nazi war criminals to justice.

Aug 31, 2013

Merkel urges more market rules, co-opts challenger’s pet issue

BERLIN (Reuters) – German Chancellor Angela Merkel said she would push the G20 to make more progress on regulating financial markets and cracking down on tax evasion, co-opting signature policy issues of her main challenger in September’s elections.

Merkel, who confronts leftist leader Peer Steinbrueck in a TV duel on Sunday, said she wanted to urge leaders of the G20 top world economies to agree a time frame for steps towards tighter regulation of the so-called “shadow banking” sector.

Aug 29, 2013

German inflation eases, job market robust in August

BERLIN (Reuters) – German inflation eased in August and the unemployment rate stayed near its lowest level since the country reunified more than two decades ago although slightly more people were out of work due in part to a summer lull.

A solid jobs market in Europe’s largest economy combined with wage hikes and easing price pressures should help conservative Chancellor Angela Merkel, who is hoping to win a third term in a vote on September 22.

Aug 28, 2013

German consumer morale eases from six-year high: GfK

BERLIN (Reuters) – German consumer confidence eased slightly heading into September, albeit remaining close to its highest level in nearly six years, as shoppers worried about creeping inflation.

GfK market research group said on Wednesday its forward-looking sentiment indicator, based on a survey of around 2,000 people, fell to 6.9 going in to September from 7.0 in the previous month, its highest level since before the global financial crisis.

Aug 28, 2013

German consumer morale eases from 6-yr high – GfK

BERLIN, Aug 28 (Reuters) – German consumer confidence eased
slightly heading into September, albeit remaining close to its
highest level in nearly six years, as shoppers worried about
creeping inflation.

GfK market research group said on Wednesday its
forward-looking sentiment indicator, based on a survey of around
2,000 people, fell to 6.9 going in to September from 7.0 in the
previous month, its highest level since before the global
financial crisis.

Aug 8, 2013

Revival in German industry bodes well for bumper Q2 growth

BERLIN, Aug 8 (Reuters) – A rebound in Germany’s mighty
industrial sector from a weak winter has probably fuelled strong
growth in the wider economy which could help to pull the euro
zone out of recession.

If low unemployment and wage increases produce similarly
robust consumption, all bodes well for bumper GDP growth of
between 0.6 and 1 percent when second quarter figures are
published next week, economists predict.

    • About Sarah

      "Sarah Marsh is a Reuters correspondent based in Berlin, where she covers the economy, political and general news. She joined Reuters as a graduate trainee in 2007 and worked in London, Frankfurt and Vienna before moving to Berlin in May 2009."
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