gdp
Top StoriesScholz, Fighting for Survival, Says Germans Should Not Choose Between Security and Prosperity
Top StoriesGerman Council of Economic Experts Cuts Forecasts for 2024 and 2025
Top StoriesGerman Opposition Leader Merz Says Debt Brake Can Be Reformed
FinanceAnalysis-German Government Collapse Could Have Silver Lining for Europe’s Markets
Buffeted by an Economic Storm, Germany Heads for Feb. 23 Vote
Date: November 12, 2024
By Andreas Rinke and Rachel More BERLIN (Reuters) -Germany is set to hold fresh elections on February 23, eleven weeks after the collapse of Chancellor Olaf Scholz’s governing coalition, with sources on Tuesday saying he could ask parliament to vote him out of office on Dec. 16. The date is a compromise between the conservative...
German Investor Morale Falls, Rattled by Trump and Coalition Collapse
Date: November 12, 2024
By Rachel More BERLIN (Reuters) -German investor morale clouded over this month, an economic research institute said on Tuesday, as Donald Trump’s U.S. election win and the collapse of the government in Berlin unleashed added uncertainty on Germany’s already ailing economy. The ZEW Institute reported a stronger-than-expected decline in its economic sentiment index to 7.4...
German Inflation Confirmed at 2.4% in October
Date: November 12, 2024
BERLIN (Reuters) – German inflation rose to 2.4% in October, the federal statistics office said on Tuesday, confirming preliminary data. German consumer prices, harmonised to compare with other European Union countries, had risen by 1.8% year-on-year in September. (Writing by Friederike Heine, editing by Rachel More)...
Europe’s Stoxx 600 Jumps on Defence Stocks Prospects, Data in Focus
Date: November 12, 2024
By Ankika Biswas and Shashwat Chauhan (Reuters) -Europe’s main stock index logged its best day in six weeks on Monday, with defence stocks in the lead on prospects of higher military spending in Europe under a Donald Trump U.S. presidency, with investors also awaiting key economic data this week. The pan-European STOXX 600 closed 1.1%...
Europe’s Stoxx up 1% at Start of Data-Packed Week
Date: November 11, 2024
By Shashwat Chauhan (Reuters) -European shares advanced on Monday, with most sectors gaining, ahead of a week packed with global economic data including inflation readings in Germany and the United States. The pan-European STOXX 600 added 1%, with industrials among the top gainers, up 1.4%. Later this week, inflation readings across Europe, the United States...
Investors See Safety in India as Trump Win Casts Shadow on Emerging Markets
Date: November 11, 2024
By Jaspreet Kalra MUMBAI (Reuters) – Global investors are likely to find relative safety in India’s financial markets from the spillover of Donald Trump’s economic policies, including from any protectionist trade policies that could spark emerging market volatility. Trump’s decisive election victory last week and his impending return to the White House next month has...