Sarah's Feed
Apr 18, 2013

Soccer-Qatar races to develop solar-powered cooling for World Cup

BERLIN, April 18 (Reuters) – Qatar is racing to develop efficient solar-powered cooling technology to counter the searing heat of the Middle Eastern summer in its stadiums during the 2022 soccer World Cup, a senior organising committee official told Reuters.

Nasser Al-Khater, the organising committee’s communications and marketing director, also said the tiny gulf state would construct its stadiums with modular technology so it could downscale them after the tournament, and donate seating to countries with little sports infrastructure.

Apr 18, 2013

Leading institutes see robust German growth on domestic demand

BERLIN, April 18 (Reuters) – Germany’s leading economic
institutes said on Thursday domestic demand would drive a 0.8
percent expansion in Europe’s largest economy this year and that
this would more than double to 1.9 percent in 2014 as exports
picked up.

The institutes also said that while it may seem appropriate
for the European Central Bank to cut interest rates, given weak
regional growth, this would only serve to delay necessary
restructuring in the banking sector.

Apr 9, 2013

German imports, exports slump unexpectedly in February

BERLIN (Reuters) – German imports fell sharply in February for the third time in the last four months and exports also declined, in a sign the euro zone’s largest economy cannot be relied on to help lift the currency bloc out of recession.

Data from the Federal Statistics Office on Tuesday showed imports sliding 3.8 percent, undercutting even the lowest estimate in a Reuters poll of economists. The consensus forecast had been for imports to rise 0.5 percent.

Apr 8, 2013

German output rises moderately as industry recovers

BERLIN/HANOVER (Reuters) – German industrial output rose in February and industry leaders were cautiously optimistic about growth and investment in Europe’s largest economy this year as long as there is no flare-up in the euro zone crisis.

Coming on the heels of figures showing a stronger-than-expected rise in industrial orders in February, Economy Ministry data on Monday showed output edging up 0.5 percent on the month. This was above the mid-range forecast in a Reuters poll of economists for a 0.3 percent rise.

Apr 8, 2013

German output rises in February as industry recovers

BERLIN (Reuters) – German industrial output rebounded in February as increases in capital goods and energy production offset a weak construction sector, in a sign that Europe’s largest economy is slowly recovering after a dismal end to 2012.

Coming on the heels of figures showing a stronger-than-expected rise in industrial orders in February, Economy Ministry data on Monday showed output edging up 0.5 percent on the month. This was above the mid-range forecast in a Reuters poll of economists for a 0.3 percent rise.

Apr 5, 2013

German industry orders jump, suggest sector recovery

BERLIN, April 5 (Reuters) – Swelling domestic demand for
capital goods drove a stronger-than-expected rise in German
industrial orders in February, adding to signs Europe’s largest
economy and growth engine is back on track after a dismal end to
last year.

Seasonally and price-adjusted order intakes rose 2.3 percent
on the month, data from the Economy Ministry showed on Friday,
well above a forecast in a Reuters poll of 34 economists for a
1.2 percent rise. It was the strongest rise since October, and
made up for a 1.6 percent fall in January.

Mar 26, 2013

Chill in car sales spreads to northern Europe

BERLIN/AMSTERDAM, March 26 (Reuters) – Snow is piled high on
the cars in a deserted dealership in Berlin, and it is not just
the stubborn wintry weather that is gnawing at salesman Mustafa
Kosak, shivering at his desk in a portable office.

“Sales were drastically down in January, February; sometimes
we are happy just to cover our overheads,” said Kosak, 38,
wrapped up in a big overcoat.

Mar 18, 2013

We’re no populist scaremongers, says German anti-euro party

BERLIN, March 18 (Reuters) – Leaders of Germany’s new
anti-euro party took their nascent campaign to Berlin on Monday,
keen to reassure potential voters that they are neither populist
nor extremist and have come up with a considered plan to bring
back the Deutschmark.

The “Alternative for Germany” has been denounced by the
country’s mainstream parties as an irrational group of
scaremongers, keen to profit from anxiety over the growing cost
of euro zone bailouts in Europe’s paymaster.

Mar 18, 2013

German data points to growing euro zone divide

BERLIN (Reuters) – Three surveys this week are expected to confirm Germany’s economy is rebounding from a dismal end to 2012, widening its advantage over the euro zone’s struggling southern states and neighbouring France.

Europe’s largest economy held up strongly during the first 2-1/2 years of a debt crisis that has hammered growth across the bloc, before contracting in the last quarter of 2012 as firms postponed investment and exports suffered.

Mar 10, 2013

Merkel’s ailing FDP partners rally, launch election offensive

BERLIN (Reuters) – Germany’s Free Democrats, Angela Merkel’s junior coalition ally, pledged on Sunday a combative election campaign based on fiscal discipline and liberal social policies, but a poll suggested they might not even make it into the next parliament.

Published on the second day of a convention where FDP leaders vowed unity after months of squabbles, the poll showed the pro-business party dropping a percentage point to 4 percent, below the 5 percent threshold for entering the assembly.

    • 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."
    • Contact Sarah

    • Follow Sarah