German investor confidence hit a 10-month high in February amid optimism Europe's top economy will be able to escape from the eurozone crisis relatively unscathed, data showed on Tuesday.
The Organisation for Economic Co-operation and Development (OECD) has predicted that Germany, Europe's top economy, will grow by 0.4 percent this year, the Economy Ministry in Berlin said on Tuesday.
Deutsche Bank, Germany's biggest bank reported Thursday a bigger-than-expected drop in earnings at the end of last year as the eurozone sovereign debt crisis hurt business.
Ikea is becoming increasingly frustrated at complicated German bureaucracy and public protest, which has slowed expansion plans, company head Mikael Ohlsson said on Friday.
The outcome of last week's EU euro crisis summit has given German investor confidence an unexpected boost, data showed on Tuesday, but the positive surprise could prove short-lived, analysts warn.
Growth of the German economy will slow sharply next year as the crippling debt crisis puts the brakes on activity in Europe's economic powerhouse, the Bundesbank, said Friday.
German industrial output rose in October, data showed on Wednesday, but analysts said the eurozone's biggest economy may still not be able to avoid a contraction at the end of the year.
Industrial orders in Germany rose sharply in October, official data showed on Tuesday, raising hopes that Europe's top economy is standing up to the ongoing turmoil in the eurozone.
Germany provided a rare ray of light in the eurozone gloom on Wednesday, with record low unemployment and surprisingly good retail data showing Europe's top economy is holding up well in the crisis.
Signs that the debt crisis is striking at the core of the eurozone eased slightly on Thursday as business confidence in Germany, Europe's top economy, showed a surprise bounce.
Germany appeared to return to form as the eurozone's economic powerhouse in the third quarter, clocking up solid growth of 0.5 percent, official data showed on Tuesday.
The eurozone debt crisis looks set to slam the brakes on growth next year in the German economy, Europe's biggest, a panel of economic advisors to the government warned on Wednesday.
Record exports pushed Germany's trade surplus to a three-year high in September, data showed on Tuesday, as Europe's biggest economy remains resilient to the eurozone debt crisis – at least for now.
The German economy, Europe's biggest, looks set to slow dramatically later this year as the eurozone debt crisis increasingly takes its toll, slumping industrial output data showed Monday.
German business confidence deteriorated for the fourth month in a row in October, data showed on Friday, as Europe's economic powerhouse begins to feel the pain of the region's debt crisis.
The eurozone crisis will hit Germany hard next year with growth expected to be dramatically lower than previously thought, the government said on Thursday.
The eurozone debt crisis will have a major impact on Germany next year, the country's leading economic institutes said on Thursday, with Europe's top economy likely to only narrowly escape recession.
The government said on Tuesday that Germany's economy will likely slow later this year due to the impact of the eurozone debt drama, in a stark warning that the crisis is hitting even Europe's strongest economy.
The German government could raise its official growth forecast after Chancellor Angela Merkel indicated on Friday Europe's biggest economy would expand faster than expected this year.
The head of the International Monetary Fund, Christine Lagarde, called on the German government to be proactive in steeling itself against weak growth prospects, pointing to the discouraging economic situation at the global level.
The eurozone is in better shape than the United States and will overcome its current debt crisis by 2014, according to the German head of the European Financial Stability Facility (EFSF).
US President Barack Obama and Chancellor Angela Merkel have agreed on the need for "concerted action" to spur global growth, the White House said after the leaders spoke by telephone late on Saturday.
Chancellor Angela Merkel offered an upbeat forecast for the German economy on Friday, with growth expected to reach a similar level this year to the rate in 2010, when it hit 3.6 percent.
Germany is in a better situation to cope with the next decade than any other major industrial nation, but the gap between rich and poor is increasing, according to studies published this week.
The International Monetary Fund on Tuesday forecast 3.2 percent growth for Germany this year but said it was failing to act as an economic locomotive for Europe because of low domestic demand.
