Germany
Dividend tax scandal: how banks short-changed Germany
BERLIN: German banks exploited a legal loophole that allowed two parties to claim ownership of the same shares, the financial...
German investors’confidence improves despite Brexit risks
BERLIN: German investors remained confident about German economic prospect despite risks that Britain might choose to leave the European Union...
Germany agrees to toughen inheritance-tax rules
BERLIN: Germany’s ruling coalition agreed Monday to restrict tax exemptions on some corporate successions, allowing them only for smaller companies...
U.K Vote on EU to Curb German Exports
BERLIN: The economic uncertainty caused by the U.K.’s referendum on its European Union membership this week will put a lid...
Germany coalition reaches deal on inheritance tax
BERLIN: Ministers have generally supported preferential tax treatment for family-owned businesses, arguing it secures corporate succession and protects jobs. However,...
German business elites seek to further economic cooperation with Russia
BERLIN: Representatives of German business elites attending the St. Petersburg International Economic Forum make no secret of the fact that...
Schuco’s center to aid growth
BERLIN: Germany-based building materials supplier Schuco yesterday opened its first exhibition center in China as it expands into the Chinese...
Think tank forecasts Germany’s GDP to grow by 1.8 percent in 2016
MUNICH: German economic research institute Ifo Institute announced on Thursday it would upwardly revise its growth forecast of Germany's GDP...
Germany would face GDP decline in 2017 If Britain leaves EU
BERLIN: The United Kingdom's exit from the European Union would dampen German economic growth in 2017, the German Institute for...
German gov’t expects economic growth to slow in Q2
BERLIN: The German economy would slow down its growth in the second quarter of 2016 despite a positive kickoff as...
VW manager said to push for foul play
FRANKFURT: German prosecutors on Thursday said that they were investigating whether a Volkswagen AG (VW) manager encouraged employees to destroy...
German exports slow sharply
FRANKFURT: German exports slowed markedly at the start of the second quarter, adding to a recent mixed bag of German...
Germany allocates 100 mln euros in emergency aid for dairy farmers
BERLIN: The German government will support German dairy farmers suffering from milk prices fall with an emergency aid of at...
German insurer buys 51% of PNB Life
BERLIN: Germany’s leading insurer Allianz has completed a deal to acquire 51 percent of PNB Life Insurance Inc., allowing the...
Germany factory orders fall 2% in April
BERLIN: Factory orders dropped sharply in April, adding to worries about stagnation in the industry. The Federal Statistical Office yesterday...
Germany central bank cut growth forecasts
BERLIN: Germany will grow at a slightly slower pace than previously expected, its central bank predicted Friday. The Bundesbank said...
German retailer Lidl opens first stores in Lithuania
BERLIN: German-based retailer Lidl launched its first 15 stores in 10 Lithuanian cities and smaller towns on Thursday prompting numerous...
German inflation back above-zero
BERLIN: Annual inflation in Germany returned to an above-zero level in May, but remained far below European Central Bank's target,...
Profits plunge at scandal-hit VW
FRANKFURT: German automaker Volkswagen AG (VW) saw its net profit fall 19 percent in the first three months of the...
German import prices fall faster than expected
BERLIN: Peter Praet, chief economist of the ECB, said last week that the central bank is prepared to be “creative”...
