Credit and bond purchases that benefited Greece also brought in revenues to Germany, to the tune of €1.34 billion, according to a media report on Tuesday.
Employees of the German luxury car maker Porsche are now being eyed by investigators in the emissions scandal which is slowly engulfing the industry and has already led to criminal and civil charges in America.
The European Court of Justice has said that airlines cannot levy additional charges if a consumer cancels a flight. German judges asked the court to rule on Air Berlin’s refund policy and disclosure of additional taxes.
German car giant Volkswagen said Tuesday it was returning to the Iranian market for the first time in 17 years due to the lifting of economic sanctions.
German businesses were feeling more positive than ever this month, according to a closely-watched business survey, which unexpectedly improved in the latest sign of confidence in Europe’s economic recovery.
Daimler began construction of a new Mercedes-Benz plant near Moscow on Tuesday, following through on the first new investment by a major foreign automaker in Russia since Western sanctions were imposed three years ago.
Struggling German airline Air Berlin insisted Wednesday that it has sufficient cash to stay solvent despite suffering heavy losses and a string of flight cancellations.
Germany’s second-largest airline has been running in the red for years. And now amid massive staff cuts, it’s having a hard time ensuring all its flights go through.
Mexico and Germany, which share the dubious honor of being targeted in some of Donald Trump’s most furious tweets, will seek to strengthen trade on Friday when Chancellor Angela Merkel visits.
Angela Merkel is taking her campaign to buttress the global order against the disruptive presidency of Donald Trump to Latin America.