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Wanted: 1,000 German tax collectors
Money

Wanted: 1,000 German tax collectors

Of all things the German government could be short of, tax collectors is not the one most people would expect - yet it is struggling to fill 1,000 specialist jobs after a system overhaul left it responsible for gathering car tax.
Investors spy big bucks in day-care crunch
Money

Investors spy big bucks in day-care crunch

As German authorities scramble to create thousands of day care places by a 2013 deadline, many investment firms are sensing opportunity and setting up "day care-facility funds" that promise solid returns over several years.
Tax men raid hundreds of homes
Money

Tax men raid hundreds of homes

German authorities launched nationwide raids on suspected tax evaders on Monday, in connection with a probe into several hundred Germany-based clients of Swiss bank giant UBS, a state prosecutor confirmed.
Consumer watchdog shows overdraft rip off
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Consumer watchdog shows overdraft rip off

Some banks are ripping off account holders with overdraft interest rates way over what they pay to borrow money, a consumer group said on Tuesday. The rates charged are often kept secret until too late for customers.
Happy holidays for mobile phone users
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Happy holidays for mobile phone users

Holiday makers are celebrating the end of astronomical roaming charges after new rules were announced to cut the cost of using a mobile phone to call loved ones or check emails while abroad within the EU.
Schlecker closure means hefty bill for jobs agency
Money

Schlecker closure means hefty bill for jobs agency

Germany's Federal Employment Agency (BA) has paid out €133 million since drug-store chain Schlecker filed for bankruptcy and will face further costs as it helps 25,000 people affected by the closure, a newspaper reported on Friday.
Central bank: Germans richer than ever
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Central bank: Germans richer than ever

The Germans are richer than ever before, new figures on private assets released this week show – with more than €4.5 trillion stashed in savings accounts, shares and even cash last year.
Germans spend €150 million on hold
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Germans spend €150 million on hold

Germans spent more than 600 million minutes waiting on premium phone calls – and paid €150 million doing so, new figures showed on Saturday. Politicians have failed to hang up on expensive numbers despite discussing a ban.
Wulff's ex-spokesman faces fresh allegations
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Wulff's ex-spokesman faces fresh allegations

The former spokesman for embattled German President Christian Wulff has been hit with new accusations over alleged perks from an event manager. A new report claims Olaf Glaeseker was treated to free flights during his time as spokesman.
Banks 'stashing money in fear of meltdown'
Money

Banks 'stashing money in fear of meltdown'

Germany’s economy is still in the danger zone, with banks stockpiling money in the European Central Bank (ECB) instead of lending it, Jürgen Fitschen, next in line to lead Deutsche Bank, warned on Thursday.
Counterfeit euros flood Germany
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Counterfeit euros flood Germany

Almost 91,000 counterfeit euro banknotes were seized in Germany in 2010, a surge of 22 percent from the previous year, according to the Federal Criminal Police (BKA).
Banks lower ATM fees
Money

Banks lower ATM fees

Several German banks have lowered their ATM charges for withdrawing money from rivals' accounts, following government intervention.
'Ethical' banks booming
Money

'Ethical' banks booming

Morality and money aren’t always compatible, but a new breed of "ethical" banks in Germany are building a successful new business model that is showing they can be.