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Deutsche Post partners with Aldi
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Deutsche Post partners with Aldi

Deutsche Post has announced plans to cooperate with supermarket discounter Aldi to increase the number of its “Packstation” automated post offices.
German inflation at 14-year high in June
Money

German inflation at 14-year high in June

German consumer prices rose by 3.3 percent in June on a 12-month basis, the biggest increase since December 1993, final figures released Wednesday by the national statistics office Destatis showed.
French bank buys German Citibank business
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French bank buys German Citibank business

Regional French bank Credit Mutuel said on Friday that it will pay €4.9 billion ($7.7 billion) to buy the German business of US banking giant Citigroup, hard hit by the global financial crisis.
Employers to sue Berlin over dole payments
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Employers to sue Berlin over dole payments

The German employers federation (BDA) will attempt to force the government to lower the level of employer contributions to unemployment insurance, BDA president Dieter Hundt told the <i>Bild am Sonntag</i> newspaper.
German producer prices boost inflation
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German producer prices boost inflation

German inflation appeared stuck at a high level on Friday after Europe's biggest economy reported a 4.2 percent jump in producer prices, supporting the case for eurozone interest rates to stay on hold for much of this year.