Volkswagen AG’s first reaction to its scandal over its over its cheating on diesel emissions is bad news for the company, for Germany and, in turn, for Europe. 682 more words
Tags » German Economy
A helper gives food to migrants waiting for a special German train in Freilassing, southern Germany, near the Austrian border on September 15, 2015. AFP photo… 208 more words
Much of the beauty of capitalism is in its ability to be crafted to suit different cultures, times, and contexts.
For instance, in recent years, “capitalism with Chinese characteristics”—the uneasy partnership of state-run industry, repressed liberties and frenzied entrepreneurialism—has emerged as a fruitful variant. 1,345 more words
BERLIN — Chancellor Angela Merkel on Sunday suggested that Germany would show flexibility in negotiating how Greece deals with its massive debt, but again ruled out writing off part of the money. 397 more words
Popular Economics Weekly
It is now beyond a reasonable doubt that Germany and its austerity cohorts want to drive Greece out of the Eurozone by insisting that it adhere to its agreement to pass most of its meager budget surplus to service its foreign debt, rather than invest it back into the Greek economy. 516 more words