Britain’s departure from the European Union will hit some German businesses harder than others, but should not have a serious impact on the overall economy, the head of Germany’s BDA employers’ organization said on Friday.
The euro area’s top two economies painted a mixed picture for the start to the final quarter of 2018, leaving the jury out on whether the region is in for a prolonged economic slowdown or a rebound in momentum.
Germany’s first economic contraction since 2015 was led by a drop in exports and private consumption, a trend that needs to be reversed if the Europe’s largest economy is to rebound before the end of the year.
The Persian translation of the German book 'Der Erfolgs Navigator' ('Success Navigator'), written by an Iranian-German author Alexander A. Gorjinia, was unveiled in Tehran in a ceremony in which the author and the translator as well as several international cultural figures were present.
Britain crashing out of the European Union without a divorce deal would have disastrous consequences for companies and workers in Britain and across Europe, the head of the BDI German Federation of Industry said.
Germany’s jobless total fell in October and employment hit a record high in September, data showed on Tuesday, underlining the strength of a labor market that is supporting a consumer-led upswing in Europe’s largest economy.
German investor morale darkened more than expected in October, a survey showed on Tuesday, as concerns about an escalating trade dispute between the United States and China and fears of a ‘hard Brexit’ clouded the outlook for Europe’s largest economy.
Tens of thousands of people have taken to streets of German capital Berlin to show unity against racism, discrimination and far-right sentiments, after a series of xenophobic incidents in the east of the country caused growing concerns.