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Implications of the Joint Economic Forecast Spring 2025 and new data for the East German economy In 2024, the economy in East Germany shrank by 0.1% and in Germany as a whole by 0.2%. The Halle ...
Friedrich Merz of the CDU is expected to become the next chancellor, replacing Olaf Scholz after Germany's center-right Christian Democratic Union (CDU) and center-left Social Democrats agreed to ...
Germany's conservative Chancellor-in-waiting Friedrich Merz unveiled his party's coalition deal with the centre-left Social Democrats at a press conference on Wednesday, vowing to "move the ...
Merz, and other high-level leaders, had argued that given Germany's need for big expenditure on defence, infrastructure and economic stimulus, the debt brake which had been in place since 2009 ...
German Chancellor-in-waiting Friedrich Merz has unveiled a new coalition deal between the country’s two major centrist parties in a bold and optimistic speech in Berlin on Wednesday, hours after ...
What is the cost for major German car manufacturers? Over a fifth of EU vehicle exports go to the US, almost 760,000 new vehicles, valued at €38.9 billion in 2024. Two-thirds of that total comes ...
In parts of former East Germany, it came close to an absolute majority, casting a shadow on state elections in the region next year. The national top spot was all but looming large at this point.
By Christopher F. Schuetze Reporting from Berlin Germany’s centrist parties announced on Wednesday that they had formally reached a coalition agreement to allow Friedrich Merz, a conservative ...
Germany's conservatives under Friedrich Merz have reached a deal with the Social Democrats to govern Europe's biggest economy, five months after the previous government collapsed. Merz, 69, said ...
Germany holds one of the largest gold reserves in the world, approximately 1,236 tons of gold, valued at $115 billion, stored in the vaults of the U.S. Federal Reserve in New York. Given the ...
Last month, the German parliament gave the green light to a record-breaking financial push - massive loans designed to supercharge its military, modernise its creaking infrastructure and fast ...