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).
BERLIN (Reuters) – German movies including a drama about the love triangle of Sturm und Drang poet Friedrich Schiller will dominate the main lineup at Berlin’s international film festival this year, director Dieter Kosslick said on Tuesday.
But world cinema talent will not be absent at the 64th “Berlinale”, which kicks off with the world premiere of U.S. director Wes Anderson’s “The Grand Budapest Hotel”, a comedy about a canny hotel concierge in the 1920s starring Ralph Fiennes and Adrien Brody.
ASCHAFFENBURG, Germany (Reuters) – Germany’s new eurosceptic party launched its campaign for the European parliament elections on Saturday with an attack on European Union federalism and defense of national sovereignty, in an attempt to regroup after months of perilous infighting.
About 300 delegates in the Alternative for Germany (AfD) gathered at a party congress in the Bavarian town of Aschaffenburg to elect its candidates for the European vote in May, where fringe parties are expected to do well.
BERLIN (Reuters) – Stefan Soppe says he quit Germany’s new anti-euro party months after joining because he was outraged at its shift towards right-wing populism and by the autocratic style of its leaders.
The 45-year-old business consultant from the Ruhr town of Bottrop is not alone. At a time when the Alternative for Germany (AfD) had hoped to be building momentum before European Parliament elections in May, the party is struggling to contain infighting, define its message and stem an exodus of members.
BERLIN (Reuters) – The German economy grew by a weaker than expected 0.4 percent last year, its worst performance since the global financial crisis in 2009, with strong domestic demand only partially offsetting the continued negative impact of the euro crisis.
Yet economists said the data masked the underlying strength of Europe’s largest economy, which they said could grow by up to 2.2 percent in 2014 as the global upturn boosts exports and low interest rates unleash a recovery in investment.
BERLIN/COLOGNE (Reuters) – German prosecutors have charged an 88-year-old former member of Hitler’s elite Waffen SS with taking part in a World War Two massacre of hundreds of French villagers, nearly 70 years after one of the most infamous Nazi atrocities.
In the methodical June 1944 slaughter, SS soldiers took the small village of Oradour-sur-Glane in central France by surprise and killed nearly all its inhabitants within a few hours. They killed 642 men, women and children.
BERLIN, Jan 6 (Reuters) – A closely-watched measure of
German inflation decelerated sharply in December to 1.2 percent,
adding to fears of deflationary pressure across Europe.
Economists said the slowdown was in part due to a change in
methodology but the numbers may still add pressure on the
European Central Bank to take some action to stave off any
BERLIN, Jan 6 (Reuters) – German annual inflation probably
accelerated slightly in December albeit remaining below the
European Central Bank’s euro zone target, data from three
federal states suggested on Monday.
Full data is due later in the day.
Inflation in Germany at the last reading was 1.3 percent
annually, below the ECB’s target of close to but just below two
percent in 2013. But it is expected to accelerate this year
which could cause a policy headache for the ECB and its
one-size-fits-all interest rate policy.
BERLIN, Jan 2 (Reuters) – Germany’s BGA trade group
criticised Chancellor Angela Merkel’s coalition government on
Thursday, saying its policies risked deterring investment and
crimping economic growth by raising employment costs.
The group predicts German economic growth will pick up to
1.5 percent in 2014 from around 0.5 percent last year thanks to
a strengthening global economy and rising demand for products
“Made in Germany”.