Tags » German Economy

Refugee influx may cost Germany 14 bn euros in 2016


Migrants walk to a first German registration point in the small Bavarian village of Simbach after crossing from Austria on November 2, 2015

BERLIN (AFP) – Germany may have to spend over 14 billion euros ($15 billion) next year to manage its record refugee influx, an expert panel said Wednesday, calling the cost for the EU’s top economy “manageable”.The economists urged Berlin to speed up the processing of asylum requests and to quickly integrate refugees in the labour market as Germany braces for up to one million arrivals this year. 227 more words

Germany's economy is slowing, but not (yet) because of VW

Two of Europe’s healthier economies sputtered at the end of summer, as the shockwaves from China’s slowdown and market volatility made themselves felt halfway around the world. 429 more words


Daimler lends VW a hand to manage scandal clean up

Amid the turmoil swirling about Germany’s biggest automaker and private employer, Volkswagen AG has appointed one of its country’s most prominent jurists to its board of managers, the senior board of top executives. 644 more words


The man who created VW's toxic culture still looms large

As Volkswagen AG attempts to restructure and regroup amid the biggest debacle of its 78-year history, a major question remains the role of Ferdinand Piech, the automaker’s former chairman, chief executive and a top shareholder. 682 more words


German investor sentiment plunges -- VW, Refugees, Trouble in China, Global Economy


Traders work at the stock exchange in Frankfurt. AFP

FRANKFURT (AFP) –  Investor sentiment in Germany slumped in October as the Volkswagen pollution cheating scandal and slowing growth in emerging markets dampen the outlook for Europe’s top economy, a leading survey said Tuesday.The widely watched investor confidence index calculated by the ZEW economic institute sank 10.2 points to stand at just 1.9 points, its lowest level since October 2014, the think-tank said in a statement. 110 more words

TPP, Citizens United, PIMCO Lawsuit and the German Economy

Boom Bust

In a break from the doom and gloom of the global markets, world stocks, commodities, and emerging market currencies continue to rally. Ameera David weighs in. 80 more words

Financial/Societal Collapse And Dependence

Why Volkswagen's 'clean-up' looks far from clean

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