International Finance

Tag : Germany

Economy

Grexit avoided, but for how long?

Right now, the deal is just an agreement to reach a deal Carsten Brzeski July 14, 2015: After another marathon in Brussels, Eurozone leaders decided on a path towards a third bailout package for Greece. We are still waiting for the official and written summit declaration to be released but here is our first take...
Economy

Eurozone: What recovery?

Disappointing GDP data highlight a lack of improvement in the economy, but the ECB is likely to ignore calls for action as it continues to evaluate policies already enacted August 18, 2014: According to Eurostat’s flash estimate, Eurozone GDP showed 0.0% growth in the second quarter, down from 0.2% in the first quarter. The figure...
Business Leaders

New main sponsor for German football club 1. FC Kaiserslautern

The company, paysafecard, is the world’s leading provider in prepaid solutions for online payments August 11, 2014: The German football club 1. FC Kaiserslautern has a new main sponsor in paysafecard.com Wertkarten GmbH. During the season’s first home match on Monday, August 4, 2014, against TSV 1860 München, the ‘Red Devils’ hit the field with...
Economy

Concerns about stagnation in Germany

he ZEW index, which measures investors’ confidence, continued its recent downward trend and decreased in July for the seventh month in a row July 16, 2014: While the World Cup trophy just landed in Berlin, the German ZEW index sends more signs of caution. The ZEW index, which measures investors’ confidence, continued its recent downward...
Economy

Germany’s trade surplus widens, but exports fall

Euro zone’s largest economy also sees manufacturing turnover fall 1.9 percent in May, reports Team IFM Wiesbaden, July 14: Germany saw both exports and imports falling in May compared to the preceding month, with the turnover of the manufacturing sector too taking a tumble, official data released on Tuesday showed, reflecting a slowdown and endorsing...
Economy

Germany’s industrial production plummets in May

Latest official data reflect grim tidings of independent reports that said business conditions were less rosy than painted, reports Team IFM Wiesbaden, July 10, 2014: Germany, the Euro zone’s largest economy, saw its industrial production go down at its quickest clip in two years in May, challenging government claims that the economy was fast on...