Germany’s total coronavirus cases surpassed 1 million for the first time Thursday, a day after the government extended a partial shutdown until just before Christmas. Europe’s biggest economy passed the
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Deutsche Bank is reportedly considering a permanent 2-day work-from-home policy, weeks after its research arm said people choosing to work remotely should be taxed 5%
Deutsche Bank is considering letting staff permanently work two days a week from home, people familiar with the matter told Bloomberg. The policy won't apply to all employees at Deutsche
Continue reading »Germany moves to close the gender gap by requiring companies to put women on executive boards
On Friday, the German coalition government agreed to a new rule that companies with more than three board members must ensure one of those members is a woman. The rule
Continue reading »Europe's second wave shows signs of slowing after new lockdowns
new lockdowns and tough social restrictions were reintroduced across numerous European countries in October in an effort to contain the second wave. The latest numbers suggest these steps seem to
Continue reading »Germany Warns of Nationalism Risks 30 Years After Reunification
Germany warned that nationalism risks undermining the international political system, which helped pave the way for the country’s reunification. Marking 30 years since the day East and West Germany combined
Continue reading »Merkel Warns Germany Could Exceed 19,000 Covid Cases a Day
Germany will face more than 19,000 new Covid-19 cases a day by Christmas if the current trend in infections isn’t halted, Chancellor Angela Merkel warned on Monday. The country must
Continue reading »France, U.K., Germany Reject U.S. Call to Return Iran Sanctions
The U.S. has no authority to demand a snap-back in sanctions against Iran after quitting the 2015 nuclear deal two years ago, the French Foreign Ministry said in a joint
Continue reading »Rebound In German Industrial Production Weakens In July
The rebound in Germany’s industrial production lost momentum in July though the output continued to expand, data from Destatis revealed Monday. Industrial production grew 1.2 percent on month, much slower
Continue reading »German economy shrank by record 9.7% in second quarter
Consumer spending shrank by 10.9% on the quarter, capital investments by 19.6% and exports by 20.3%, the seasonally adjusted GDP data showed. Construction activity, normally a consistent growth driver for
Continue reading »Eurozone Employment Falls Most On Record
Employment in the euro area declined at a record pace in the second quarter as the imposition of the coronavirus containment measures dragged the currency bloc into a historic recession,
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