Coronavirus will make life hard for a long time, Angela Merkel says

posted in: Germany, News

Despite positive developments in Germany, Chancellor Angela Merkel has cautioned that the pandemic has only just begun. She also said Germany should be prepared to open its pocketbook to help the EU. The decision to impose restrictions on public life … Read More

Brexit has complicated and isolated Germany’s role in the EU

posted in: Germany, News

There is only one priority for Germany and the UK right now and that is dealing with COVID-19. The available estimates of the costs of shutdown in the form of lost value-added show that the coronavirus epidemic will cause costs … Read More

Merkel: US No Longer ‘Automatically’ Plays Role of Europe’s Defender

posted in: Germany, News

TEHRAN (FNA)- Speaking before the lower house of parliament in Berlin, German Chancellor Angela Merkel stated on Wednesday that the US will no longer defend Europe automatically and that the latter should make more efforts to defend itself. “Europe is … Read More

Is Germany edging toward recession?

posted in: Germany, News

Fresh figures suggest that Europe’s biggest economy may be heading for a recession, as its growth slowed in the second quarter. Calls for more fiscal stimulus are growing louder, but the government sees no need for it. Western Europe hasn’t … Read More

The UK, German and Italian economies are all tanking at the same time

posted in: European Union, News

| Business Insider –Three of Europe’s largest economies are under threat of recession, which could spell a crisis across Europe. –Dozens of companies in Germany have turned to “short-time” work — cutting employee hours — a canary in the coal … Read More

Economic clouds gather over Germany

posted in: European Union, News

Stormy times ahead for the eurozone’s economic powerhouse? -Getty Images Concerns are growing over the strength of Germany’s economy – the largest in the eurozone – following the release of more gloomy official figures. Industrial production in April fell by … Read More

Economic clouds gather over Germany

posted in: Germany, News

Stormy times ahead for the eurozone’s economic powerhouse? -Getty Images Concerns are growing over the strength of Germany’s economy – the largest in the eurozone – following the release of more gloomy official figures. Industrial production in April fell by … Read More

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