Industrial city Wolfsburg is home to Germany's most affluent residents, figures released on Monday revealed. Based around Volkswagen's headquarters, the auto industry is behind its unusually high standard of living.
The Institute for Employment Research (IAB) forecast an end to the good times in Germany’s labour market on Friday, dampening the euphoria around the latest unemployment figures published this week.
The German Bundesbank on Friday raised its growth forecast for this year to 3.1 percent for Europe's biggest economy, up from a previous expectation of 2.5 percent.
Germany’s stellar growth is set to continue at full steam, according to leading forecasters who are predicting Europe’s largest economy will grow by 2.8 percent, a media report said Wednesday.
German politicians Monday began investigating ways to gauge the country's quality of life and prosperity as a way to complement gross domestic product (GDP) figures in Europe's top economy.
Germany’s economic rebound is broadening, Economy Minister Rainer Brüderle said on Tuesday, as he announced that growth had slowed but was still solid.
The poor quality of food provided for police working at large events in the state of North Rhine-Westphalia is “intolerable and irresponsible,” the GdP police union complained on Tuesday.
The German economic recovery has accelerated in recent months, the central bank said Wednesday, fuelling expectation it could raise its growth forecast for Europe's biggest economy.
The German economy grew by a modest 0.2 percent in the first quarter, official figures showed Wednesday, giving hope as Europe battles a fiscal crisis.
The number of attacks on German police officers rose drastically last year, according to figures released Saturday by the federal police authority in Potsdam.
The German economy, Europe's biggest, shrank slightly in the first three months of the year due mainly to a viciously cold winter, the country's central bank, the Bundesbank, forecast on Monday.
The German government will raise its growth rate forecast for 2010 from 1.2 percent to 1.5 percent in its annual economic report, according to the weekly <i>Der Spiegel</i>.
After Hungary, the financial crisis has damaged Germany more than any other European nation, but the country is also leading the way back to prosperity, a new study published by daily <i>Die Welt</i> found on Monday.
Germany has escaped the clutches of its worst recession in over 60 years, official data showed on Tuesday, as consumption helped Europe's biggest economy grow by 0.3 percent in the second quarter.
The global recession is hammering exporting giant Germany harder than any time since records began 40 years ago, with data on Friday showing a first-quarter output slump of 3.8 percent.
Germany's gross domestic product (GDP) is expected to contract by 4.0 to 4.5 percent this year, according to an internal Economy Ministry report cited by daily <i>Bild</i> on Tuesday.
Economists at Germany’s second largest bank, Commerzbank, said on Monday the country would experience the worst recession in modern memory this year, as the economy contracts up to 7 percent.
The German economy, Europe's biggest, shrank by 2.1 percent in late 2008, its sharpest contraction since the country was reunited in 1990, official data confirmed on Wednesday.
Is Germany in for dire downturn this year? Germany's gross domestic product will likely shrink by more than five percent in 2009, chief economist for Deutsche Bank Norbert Walter told daily <i>Bild</i> on Monday.
The German economy shrivelled 2.1 percent in the fourth quarter of 2008, the worst decline since reunification and significantly more than expected, the Federal Statistics Office (Destatis) reported on Friday.
The German government on Thursday slashed its growth forecast for 2009 – the world’s third largest economy is now only expected to expand by a meagre 0.2 percent next year.
Germany’s economy is teetering “on the brink of recession,” according to the autumn forecast of the country’s leading economic institutes published on Tuesday.
