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German inflation accelerated well above the European Central Bank’s target

The price level in Germany in May rose by 2.5 percent year on year. Compared with April, inflation accelerated by 0.4 percentage points. This follows from preliminary data from the Federal Statistical Office.

European stocks are holding at record levels. German optimism is teeming...

Shares in European markets reached their highest level in history in the first half of the week. The pan-European STOXX 600 index climbed above 447 points on Tuesday and maintained Its closing value on Wednesday.

The economy of both the European Union and the euro area...

According to a preliminary estimate by Eurostat, the European Union's gross domestic product decreased by 6.4 percent last year. Eurozone performance fell 6.8 percent. In the...

European Commission gives green light to German exit from coal

Germany will be able to implement its plan for a total shift away from coal-fired power plants. The first should be to get rid of...

The euro grew against the dollar, investor sentiment in German business...

German indicator ZEW, which measures trust of German businesses in economy, grew to 71.5 points in August, which is 12.2 more compared to July...

Almost all the Yamal pipeline capacities are reserved until the middle...

Reservation of 90% capacities concern period from October till the end of next September. Auction results showed that pipeline capacities were reserved in 92%...

Thyssenkrupp is ready for consolidation. It’s indebted and fights for its...

The German company Thyssenkrup announced on Monday it would seek for possibilities to consolidate its positions in two key sectors. The managements aims to...

Volkswagen and Daimler intend to ensure Chile lithium

Two largest German car makers took steps to prove that lithium mining in Chile is sustainable Volkswagen and Daimler seem to be preparing for electric...

Germany to quit lignite by 2038

Germany will become first country in the world to exit from brown coal mining, coal-fired power plants should phaseout by 2038. The decision was announced...

German industry grew more than expected

Analysts are surprised by November results of German industrial outputs registering its biggest monthly increase in last eighteen months November industrial outputs rose monthly by...

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