German government miffed by Bundesbank's scepticism on growth
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The German government expressed annoyance at the Bundesbank following a press report which suggested the German central bank was sceptical about Berlin's growth forecast for next year.
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FRANKFURT : Business leaders in Germany appeared wary about the outlook for the eurozone&#39;s biggest economy, as the German government insisted that the current recovery would continue, even if surging oil prices would brake growth slightly.
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Germans are increasingly worried about jobs, their incomes and also feel Germany is losing out in the process of globalization, a survey showed on Friday.
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German Chancellor Gerhard Schroeder, saying the euro&#39;s gains against the dollar are ``worrying,&#39;&#39; called for changes to European Union budget rules to give governments more leeway on spending.
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German investor confidence falls faster than expected in September, hit by fears of higher interest rates.
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The German government will take on an extra 14 billion euros (&#36;17.23 billion) in debt this year because the country's economic upturn so far has failed to boost tax revenue, taking new borrowing to a record level, the finance minister said Wednesday.
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German finance professionals grew sharply more pessimistic about the country's economic growth outlook, fearing that the euro's record highs against the U.S. dollar will hurt exports, a monthly survey showed Tuesday.
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Germany's budget deficit widened in the first half of this year, figures released Tuesday showed, but the government renewed its commitment to get the shortfall back within a European Union-imposed limit next year.
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Germany's economy, Europe's largest, unexpectedly shrank in the fourth quarter as domestic spending declined and exports failed to make up the difference.
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German business confidence slipped for a fourth month in five in September, suggesting rising oil prices and stagnant consumer spending may hold back the pace of growth in Europe s biggest economy.
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Germany's economy, the largest in Europe, will grow more slowly than expected both this year and next, two top research institutes said Thursday.
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Talkbacks for this article: 9 Jerusalem is miffed that Berlin is providing government loan guarantees worth millions of dollars to German firms doing business with Iran, and this is one of the issues Prime ...Comment
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Germany, the biggest eurozone economy, risks running foul of the EU's tight budget rules again next year, even if Berlin insists it will be able to meet its deficit commitments in 2005, the Bundesbank warned.
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The German economy, the biggest in the 12-country eurozone, nearly came to a standstill in the third quarter as exports, previously the main driving force behind growth, slumped on the back of slowing global growth, official figures showed.
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Germany does not expect to take a direct  stake in aerospace group EADS  via state bank KfW or  other federal or state institutions, a senior government  official told Reuters on Thursday.
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Germany, the largest eurozone economy, lowered its 2008 growth forecast Thursday to 2.0 percent from 2.4 percent and its economy minister warned that fallout from a banking crisis could do more damage still.
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LONDON, November 11  - Germany witnessed a slowdown in its economic growth momentum during the third quarter this year, with the nation&#39;s GDP growth rate declining to 0.1% from the relatively robust growth rate of 0.4% in the first two