Chancellor Olaf Scholz on Friday laid out his vision to secure the future of Germany's ailing economy at a campaign event in the historic home base of the crisis-hit auto titan Volkswagen. The embattled chancellor,

The heads of a number of German companies announced their intention to oppose the policies of Economy Minister Robert Habeck and German Chancellor Olaf Scholz with a demand to take measures to restore the country's economy.

Olaf Scholz became German chancellor with a pledge to modernise and jolt Europe’s largest economy from its paralysis. But just two months after taking office, Russia’s full-scale invasion of Ukraine in February 2022 ripped the Social Democrat’s plans apart and strained his coalition with the Greens and the Liberals.

BERLIN (AP) — Germany's economy shrank for the second straight year in 2024 as worried consumers held back on spending and Chinese competition ate into the country's traditional exports of cars and industrial machinery.

Written off in 2021 as he is today, Mr Scholz executed a perfectly pitched campaign and led the spd to overcome the cdu / csu ’s double-digit lead in its final weeks. Where pundits see only opinion polls,

While addressing Trump supporters in Washington on Monday, the tech billionaire brought his hand to his chest and extended it straight out, twice, before saying: "My heart goes out to you." The gesture sparked controversy as it drew comparisons to a Nazi salute.

The (Socialist Equality Party, SGP) is contesting the federal elections to oppose the all-party coalition advocating war and austerity.

The most important European data release was the confirmation from Germany that, during 2024, its economy contracted for the second consecutive year. Now it must be stressed that this was a very early estimate from Germany's Federal Statistics Office and that the numbers may be revised higher in due course.

Essen is looking to compel both asylum seekers and recipients of welfare to work for the city in an effort to stoke an economy blighted by unemployment and stagnation.

Persistent inflation, rising borrowing costs, and tempered enthusiasm for electric vehicles are pushing Europe’s car market into a difficult era.

The European Union is working on a proposal for bloc-wide purchase incentives for electric vehicles to support the bloc’s struggling automakers, German Chancellor Olaf Scholz said Tuesday.

The war of words between tech billionaire Elon Musk and German Chancellor Olaf Scholz is intensifying as the days pass. On Tuesday (Jan 21), Musk and Scholz had yet another squabble. Addressing the World Economic Forum (WEF) in Davos,