BERLIN The German economy contracted at its steepest rate on record in the second quarter as consumer spending, company investment and exports all collapsed during the peak of the COVID-19 pandemic, wiping out nearly 10 years of growth. | Video
BERLIN German business morale continued to recover in July from its biggest decline in decades, with companies expecting Europe's largest economy to rebound from the coronavirus shock - as long as a second wave of infections is avoided.
Berlin Was Donald Trump und EU-Kommission mit ihren mehr oder minder freundlichen Appellen nicht geschafft haben, gelingt Corona im Handumdrehen: Der im Ausland seit Jahren angeprangerte enorme deutsche Exportüberschuss wird nach Prognose von Bundesbank und führenden Instituten wegen der weltweiten Rezession in diesem Jahr kräftig sinken.
BERLIN A coronavirus-induced plunge in German exports and a fiscal U-turn by Chancellor Angela Merkel as she seeks to cement her place in history are accelerating a long demanded rebalancing of Europe's largest economy.
BERLIN Germany's private sector recession eased further in June but coronavirus-related disruptions and uncertainty continued to weigh on demand, a survey showed on Tuesday, suggesting that Europe's largest economy is set for a slow recovery.
BERLIN German federal prosecutors accused Russia on Thursday of ordering the killing of a former Chechen rebel in Berlin last summer and indicted a Russian man for the murder, which has severely strained diplomatic ties. | Video
BERLIN Chancellor Angela Merkel's cabinet on Wednesday passed another extra budget to finance its bumper stimulus package, pushing up overall new borrowing to a record 218.5 billion euros ($245.35 billion) this year in its fight against the coronavirus. | Video
BERLIN Four months is an eternity in pandemic politics. As recently as February, Finance Minister Olaf Scholz was Germany's Mr Thrift, a devotee of the "black zero" balanced-budget rule.
BERLIN German Finance Minister Olaf Scholz will ask parliament to increase new borrowing by a further 62.5 billion euros ($70.5 billion) to a record 218.5 billion this year for measures to boost recovery from the coronavirus pandemic, two people familiar with the plans said on Monday.