Europe Top News and Analysis Germany


  • Volkswagen said Tuesday it has increased its stake in German truckmaker MAN to nearly 30%, a move that would give it a better say in guiding the company toward a friendly alliance with Swedish truckmaker Scania.

  • German Consumer Confidence Deteriorates Monday, 26 Feb 2007 | 6:32 AM ET

    Consumer confidence in Europe's biggest economy fell despite Germany's economic upswing, as higher value-added tax discouraged spending, according to a forecast of consumer sentiment for March.

  • German business sentiment for February dipped further than analysts’ expectations, with the retail sector showing the bulk of the weakness, according to the Ifo economic research institute’s data released Friday.

  • German Budget Deficit in 2006 at 1.7% of GDP Thursday, 22 Feb 2007 | 5:03 AM ET

    Germany's budget deficit in 2006 fell even lower than predicted to 1.7% of gross domestic product, a government agency said Thursday.

  • ProSiebenSat.1 Increases Forth-Quarter Profit Thursday, 22 Feb 2007 | 4:28 AM ET

    Broadcaster proSiebenSat.1  said Thursday its fourth-quarter profit was up 17% because of increased advertising but the figure was still shy of what analysts had expected.

  • Insurer Allianz Says Fourth-Quarter Net Rose 57% Thursday, 22 Feb 2007 | 3:06 AM ET

    Insurer Allianz on Thursday said fourth-quarter profit rose 57% as fewer claims were made.

  • Airbus Delays Restructuring Announcement Monday, 19 Feb 2007 | 10:19 AM ET

    Airbus said Monday it postponed a news conference at which it had been expected to announce its long-awaited restructuring strategy.

  • Europe will start the week without the aid of U.S. and Asia as President’s Day and Chinese New Year mean both markets will be closed on Monday 19th.

  • Commerzbank Sees Rosy Future After Record Result Wednesday, 14 Feb 2007 | 5:42 AM ET

    Commerzbank raised its earnings target for this year after bumping up the dividend on the back of a record 2006 net profit that cemented the group's return to financial health.

  • Germany's Federal Statistics Office on Tuesday raised its overall 2006 gross domestic product growth estimate after fourth-quarter results came in much stronger than expected.

  • Thomas Cook to Merge with MyTravel Monday, 12 Feb 2007 | 8:51 AM ET

    Germany's KarstadtQuelle, owner of tour operator Thomas Cook, agreed Monday to merge with British package holiday company MyTravel.

  • G7 Summit: Making "Cents" Out Of Currency Concern Friday, 9 Feb 2007 | 3:57 PM ET

    Currency issues are expected to take center stage this weekend as finance ministers and bankers from the world’s seven richest nations gather for a meeting in Essen, Germany. Weakness in the Yen will likely spark a debate involving Germany, who wants the G-7 nations to prevent hedge funds from having too much influence over currency markets.

  • Germany's Deutsche Bank's profit tripled in the fourth quarter over the same period the previous year, part of a sharp rise in full-year profits, the Frankfurt-based bank said Thursday.

  • German Unemployment Rate Rises in Jan. Wednesday, 31 Jan 2007 | 5:07 AM ET

    Germany's unemployment rate jumped in seasonally unadjusted terms to 10.2% from 9.6% the month before, as some 239,000 more people were out of work, the government labor office said Wednesday.

  • German Real Wages Decline in 2006: Report Monday, 29 Jan 2007 | 6:48 AM ET

    German real wages declined in 2006, rising at a slower rate than inflation, the Federal Statistics Office said Monday.

  • Porsche More Upbeat After Strong First Half Friday, 26 Jan 2007 | 3:54 AM ET

    Germany's Porsche forecast it would be able to maintain profits this fiscal year after first-half pretax profit easily beat analyst expectations on Friday.

  • Merkel Wants Dialogue with Emerging Powers Thursday, 25 Jan 2007 | 3:02 AM ET

    Chancellor Angela Merkel said on Wednesday that Germany would seek to remove exchange rate imbalances, boost hedge fund transparency and launch a new dialogue with emerging powers during its presidency of the Group of Eight (G8) industrialized nations.

  • 2006 German Beer Sales Jump Thursday, 18 Jan 2007 | 9:50 AM ET

    Germany's leading breweries all posted increased sales for 2006, partially due to an increase in domestic beer consumption credited to a hot summer of partying surrounding the soccer World Cup.

  • Germany's budget deficit dropped more than expected in 2006 to 1.9 % of gross domestic product, Finance Minister Peer Steinbrueck said Friday.

  • German Economy Grew 2.5% in 2006 Thursday, 11 Jan 2007 | 4:38 AM ET

    German gross domestic product grew 2.5 % in 2006, a significant improvement over the previous year, the Federal Statistics Office reported Thursday.