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German Chancellor Angela Merkel(C), Chinese Vice Premier Ma Kai(R) and German Vice Chancellor, Economy and Energy Minister Sigmar Gabriel(L) attend the opening ceremony of CeBIT 2015 in Hanover, Germany, on March 15, 2015. Top IT business fair CeBIT 2015, which features a strong Chinese presence, kicked off on Sunday in Germany. (Xinhua/Zhang Fan)

German economy largely stagnated in final quarter of 2020

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dpa/GNA - Despite a coronavirus lockdown, the German economy grew by 0.1 per cent in the fourth quarter of 2020 compared to the...
chinese economy

Analysts: German economy slumped by 5.1 percent in 2020

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dpa/GNA – The German economy is expected to have contracted at a dramatic pace last year, after the launch of tough restrictions to...
An electronic screen shows the trading data at the New York Stock Exchange in New York, the United States, on Jan. 27, 2020. U.S. stocks ended significantly lower on Monday. The Dow fell 1.57 percent to 28,535.80, the S&P 500 decreased 1.57 percent to 3,243.63, and the Nasdaq dropped 1.89 percent to 9,139.31. (Xinhua/Wang Ying)

German shares gain 0.75 percent at start of trading on Wednesday

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German stocks were off to a good start on Wednesday, with the benchmark DAX index rising 97.41 points, or 0.75 percent, opening at 13,071.66...
unemployment

Employment barometer in Germany continues to climb: ifo

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German companies were "scaling back their layoff plans" and the ifo Employment Barometer climbed from 93.2 points in July to 95.4 points in...
German Chancellor Angela Merkel delivers a speech during the opening ceremony of CeBIT 2015 in Hanover, Germany, on March 15, 2015. Top IT business fair CeBIT 2015, which features a strong Chinese presence, kicked off on Sunday in Germany. (Xinhua/Luo Huanhuan)

German economy contracts 9.7 percent in second quarter

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The German economy contracted by a record 9.7 percent in the second quarter of this year amid the impact of the COVID-19 pandemic, the...
Hotel Myths

German hotel and restaurant industry starts recovery as COVID-19 restrictions lifted

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Turnover of the German hotel and restaurant industry started to recover in May and grew by around 45 percent compared with the previous month,...
Health Medical Supplies

Expected health expenditure in Germany exceeds US$442 billion in 2019

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Expected health expenditure in Germany in 2019 had gone up by 4.3 percent to 407.4 billion euros (442 billion U.S. dollars) compared to the...
Policymakers are hoping that rising prices may prompt Japanese consumers to start spending more money and boost domestic consumption

Sales of German retail sector up 1.8 percent in January

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Sales in Germany's retail sector increased in real terms by 1.8 percent in January 2020 compared with the same month last year, the Federal...
accident

Germany’s death toll from road accidents hits record low in 2019

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A total of 3,059 people died in road accidents in Germany in 2019, a decline of 6.6 percent compared to the previous year, the...
Travel and Tourism

German tourism industry sees record high of overnight stays in 2019

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The number of overnight stays in German accommodation facilities in 2019 increased by 3.7 percent compared to last year, according to the Federal Statistical...