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Soaring ATM fees targeted by parliament
consumers

Soaring ATM fees targeted by parliament

German banking customers being stung by cash machine withdrawal fees of up to €10 may get some relief after parliament's consumer affairs official declared Wednesday he planned to investigate the soaring costs.
Banks hike cash machine fees
Money

Banks hike cash machine fees

A slew of German banks have begun charging their customers fees of up to €10 for using non-affiliated cash machines, a survey by consumer financial services company FMH showed on Thursday.
Economic outlook darkens for 2010
Economy

Economic outlook darkens for 2010

Prospects for Europe's biggest economy look gloomier in 2010 as consumer sentiment, business investment and borrowing polls warn of weak patches following the worst recession since World War II.
Utilities hiking power prices
Energy

Utilities hiking power prices

Two German utilities – Vattenfall and EWE – announced on Wednesday they would dramatically raise electricity prices for their customers starting next year, blaming the higher cost of renewable energy.
Shoppers spending cash despite recession
Economy

Shoppers spending cash despite recession

Despite the worst economic crisis since 1945, German consumers are ever more confident in the future and increasingly willing to part with their hard-earned cash, a closely-watched survey said on Monday.