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Europe Top News and Analysis Germany


  • Serb Rioters Attack, Break Into US Embassy Thursday, 21 Feb 2008 | 2:01 PM ET
    The U.S. embassy in Belgrade burns after masked attackers broke into the building and set an office on fire at the end of a massive protest against Western-backed Kosovo independence, in the Serbian capital, Thursday, Feb. 21, 2008. More than 150,000 Serbs gathered at the rally vowing to retake the territory which is viewed as Serbia's religious and national heartland.

    Serb rioters broke into the U.S. Embassy and set fire to an office after a massive protest against Kosovo's independence that drew an estimated 150,000 people.

  • Bankers, Bosses, Tax Men and Spies Tuesday, 19 Feb 2008 | 1:25 PM ET

    The tax controversy between tiny Lichtenstein and its big German neighbor is more intriguing than fiction.

  • Tax Fraud Probe Rising to International Incident? Tuesday, 19 Feb 2008 | 6:55 AM ET

    Liechtenstein's Crown Prince Alois on Tuesday accused Germany of launching an attack on the principality's sovereignty by paying an informer for bank details in a massive tax fraud investigation.

  • D. Post New CEO Pledges to Focus on U.S., Postbank Monday, 18 Feb 2008 | 1:52 PM ET

    Deutsche Post logistics and international mail head Frank Appel took over as chief executive and pledged to focus on its loss-making U.S. business and retail bank Deutsche Postbank.

  • Uncertainty Lingers over IKB Rescue, Shares Slump Monday, 18 Feb 2008 | 12:23 PM ET

    Investors in subprime-stricken lender IKB took a further blow on Monday as details of government plans to rescue and sell the bank stoked uncertainty and wiped a further quarter off the shares.

  • Tax Scandal in Germany Fans Complaints of Inequity Monday, 18 Feb 2008 | 6:41 AM ET

    For wealthy Germans, many of whom have long hidden their money outside the country to avoid its high taxes, this has been a weekend of high anxiety. For their fellow citizens, it has been a riveting spectacle, dominating the public discussion for days.

  • German Banks May Write Down More: Deutsche Bank Monday, 18 Feb 2008 | 4:52 AM ET

    German banks may face further write-downs given the difficult market situation, Deutsche Bank Chief Executive Josef Ackermann told Germany's Bild newspaper in an interview published on Monday.

  • Germany Quakes as Tax Dodge Probe Widens Friday, 15 Feb 2008 | 12:31 PM ET

    Klaus Zumwinkel will resign as chief executive of German mail and logistics group Deutsche Post, the company said on Friday as a tax-dodging probe threatened to ensnare more rich Germans.

  • Deutsche Post Head to Quit after Tax Probe Friday, 15 Feb 2008 | 10:17 AM ET

    Klaus Zumwinkel will resign as chief executive of German mail and logistics group Deutsche Post, the company said on Friday as a tax-dodging probe threatened to ensnare more rich Germans.

  • Deutsche Post Suffers 'Moral Damage' by Zumwinkel Friday, 15 Feb 2008 | 5:57 AM ET

    German Finance Minister Peer Steinbrueck said on Friday that prosecutors'  investigations into suspected tax dodging by Deutsche Post AG chief executive Klaus Zumwinkel were damaging to public confidence.

  • Daimler's Profit Misses, Forecasts Higher Growth Thursday, 14 Feb 2008 | 12:44 PM ET

    Daimler forecast higher unit sales and underlying operating profit in 2008, sending its shares higher despite fourth-quarter earnings before interest and tax (EBIT) that missed market expectations.

  • German and French Economic Growth More than Halve Thursday, 14 Feb 2008 | 4:26 AM ET

    German and French economic growth more than halved in the fourth quarter indicating about 0.3 percent growth for the euro-zone.

  • Investors Punish ThyssenKrupp for Results Confusion Wednesday, 13 Feb 2008 | 2:23 PM ET

    German industrial group ThyssenKrupp on Wednesday posted a first-quarter pretax profit drop in line with its preliminary guidance but investors punished the company for confusion over its results.

  • Germany Agrees to Rescue Package for IKB Wednesday, 13 Feb 2008 | 2:17 PM ET

    Germany agreed to a 1.5 billion euro rescue package for IKB on Wednesday, the third bailout for the subprime-stricken German lender, saying a collapse of the bank would have "incalculable" consequences.

  • ECB Holds Rate, Trichet Warns on Inflation, Growth Thursday, 7 Feb 2008 | 12:05 PM ET

    The European Central Bank kept its main rate on hold at 4 percent as expected on Thursday, despite mounting pressure for an easing in monetary policy to help avert a global recession.

  • Snip! Snip! - or: Achtung! Wild Deutschland! Thursday, 31 Jan 2008 | 9:36 AM ET

    Here in Deutschland, we're smack in the middle of what's fondly called The Fifth Season, the silly season or simply KARNEVAL – you know, similar to what you have left with Mardi Gras in New Orleans.

  • German Retail Sales, Unemployment Fall Thursday, 31 Jan 2008 | 5:27 AM ET

    German retail sales fell 1.8 percent in the fourth quarter of 2007, indicating household spending was a drag on overall economic growth, data showed on Thursday.

  • German corporate sentiment unexpectedly rose in January, a leading survey showed on Thursday, bolstering policymakers' assertions that the euro zone economy can withstand turmoil in financial markets.

  • Euro Zone Better off than the US: ECB's Liebscher Thursday, 24 Jan 2008 | 3:27 AM ET

    Euro zone growth could come in below 2 percent this year, European Central Bank Governing Council member Klaus Liebscher was quoted as saying on Thursday, but the region is better off than the United States.

  • Euro Zone Services Growth Points to Weakness Wednesday, 23 Jan 2008 | 4:44 AM ET

    Euro zone services growth slumped significantly below forecasts to a rate not seen in over four years this month, but manufacturing growth remained unchanged from December, a key survey showed on Wednesday.