Economy

German retail sales post surprise fall in March

Price rises kept Germans away from the shops in March, retail sales data showed on Friday, in another sign that Europe's largest economy may be slowing.

Economy

A third of Germans want the mark back

Almost ten years after the introduction of the single European currency the euro, a third of all Germans would prefer to have the mark back.

Economy

Euro hits record high against US dollar

Europe’s single currency the euro cracked through the $1.60 level for the first time ever on Tuesday, raising fears for Germany’s export-led economy.

Economy

Inflation hits German investor confidence

"Extraordinary" price rises badly dented German investor confidence in April, the ZEW institute said Tuesday as it reported a surprise drop in its closely watched monthly sentiment indicator.

Economy

German inflation spikes to 3.1 percent in March

German inflation spiked to 3.1 percent in March from 2.8 percent in February, with the gain driven by higher food and oil prices.

Economy

IKB faces shareholder wrath over subprime mess

Directors of distressed German business lender IKB faced furious shareholders on Thursday who voiced anger over the management of one of the country's biggest US subprime market victims.

Economy

ECB cuts growth forecast amid inflation concerns

The European Central Bank on Thursday cut its growth forecasts for 2008 and 2009 for the 15-nation eurozone, but raised its inflation projections.

Economy

German inflation rises in January

German consumer prices rose 2.8 percent in January on a 12-month comparison, driven by increases in the food and energy sectors, but fell 0.4 percent from December, official data showed on Friday.

Economy

Euro hits record high against the dollar

<b>The euro has surged to a record high against the US dollar, as Europe’s single currency broke through the important psychological barrier of $1.50 late on Tuesday.</b>