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Jan 31, 2014

Germany must publish list of artworks hoarded by recluse: court

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).

Jan 28, 2014

German movies in focus at Berlin global film fest

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.

Jan 25, 2014

German anti-euro party regroups with attack on EU federalism

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.

Jan 23, 2014

Infighting hits German anti-euro party before EU election

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.

Jan 15, 2014

German economy grew just 0.4 percent in 2013 but picking up steam

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.

Jan 8, 2014

Former SS soldier, 88, charged over 1944 village massacre in France

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.

Jan 6, 2014

German price data adds to euro zone deflation concerns

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
deflation threat.

Jan 6, 2014

German inflation set to accelerate slightly in December

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.

Jan 2, 2014

German trade group says coalition policies threaten competitiveness

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”.

Dec 12, 2013

Polish central bank head says Fed tapering priced in

BERLIN, Dec 12 (Reuters) – A reduction in U.S. monetary
stimulus has already been priced in by markets, the head of
Poland’s central bank said on Thursday, and any effect on Polish
bonds and currency should be limited.

Speaking in Berlin, Governor Marek Belka also said economic
forecasts due in March from the Polish central bank would
provide support for deciding on future rate guidance.

    • About Sarah

      "Sarah covers economic and political news from Argentina as part of the Reuters Latin America reporting team. The focus this year is on a shift in policy ahead of key elections in late 2015 and signs of a slowdown in an economy marked by one of the world’s highest inflation rates. Sarah moved to Buenos Aires in 2014 from Berlin, where she reported on Europe’s largest economy for five years during the euro zone debt crisis. She joined Reuters as a graduate trainee in the London HQ in 2007 and has also done assignments in Frankfurt and Vienna. ..."
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