Bundesbank Urges Economic Revamp as German Economy Shrinks

[ad_1] Germany’s economy will probably shrink this quarter and officials must address a range of deep-seated challenges to the country’s business model if they’re to boost the longer-term outlook, according…

Germanyʼs unemployment soars to 2 1/2-year high amid economic slump

[ad_1] Germany, the largest economy in Europe, has encountered an unexpected rise in its unemployment rate, reaching its highest level in two and a half years. The Federal Labor Agency…

Germany heading for another poor quarter – Bundesbank

[ad_1] Germany’s economy will likely shrink again this quarter and its recovery will be arduous, even if there are some signs an improvement could come early next year, the Bundesbank…

Bundesbank Says Germany Must Respect Constitutional Debt Brake

[ad_1] The German government’s shouldn’t try to evade the debt brake by tapping loopholes, according to the Bundesbank. “Fiscal rules shouldn’t be circumvented,” the central bank said in its monthly…

Bundesbank faces job cuts as consultants plot ‘modernisation’

[ad_1] Receive free Deutsche Bundesbank updates We’ll send you a myFT Daily Digest email rounding up the latest Deutsche Bundesbank news every morning. Germany’s central bankers are up in arms…

German companies must cut exposure to China, warns Bundesbank

[ad_1] Receive free German economy updates We’ll send you a myFT Daily Digest email rounding up the latest German economy news every morning. Germany’s central bank says an excessive dependence…

Germany’s economic rebound set to slow further- Bundesbank

[ad_1] FILE PHOTO: A sign is seen outside the headquarters Germany’s federal bank Deutsche Bundesbank in Frankfurt, February 4, 2013. REUTERS/Kai Pfaffenbach FRANKFURT (Reuters) – Germany’s economic rebound may lose…

German banks should prepare for wave of insolvencies, says Bundesbank

[ad_1] FRANKFURT, Oct 13 (Reuters) – German banks should prepare for a surge in insolvencies as the coronavirus crisis pushes weaker companies over the edge and puts a question mark…

German Bund yield hits one-month high on inflation concerns

[ad_1] Euro zone government bond yields edged higher on Monday as U.S. economic data and a rise in natural gas prices last week highlighted the upside risks to the inflation…

Bundesbank chief says rate-setters must be ‘more stubborn’ in inflation fight

[ad_1] Germany’s central bank boss says eurozone rate-setters must be “stubborn” and continue raising borrowing costs to tackle inflation, discounting fears that recent financial turmoil could further affect Europe’s banks.…