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Michael Nienaber

Germany to support three battery cell alliances: economy minister

18 Jun 2019

BERLIN Germany will award to three consortiums 1 billion euros ($1.12 billion) in funding it earmarked last year to support domestic battery cell production, Economy Minister Peter Altmaier told Reuters, part of a bid to cut carmakers' reliance on Asian supply.

Ifo cuts 2020 German growth forecast as industry recession broadens

18 Jun 2019

BERLIN Germany's influential Ifo institute on Tuesday cut its 2020 German growth forecast for Europe's largest economy as it warned that a manufacturing recession was starting to spill over into other sectors.

Altmaier fordert Aufeinanderzugehen im Handelsstreit

18 Jun 2019

Berlin Bundeswirtschaftsminister Peter Altmaier will diese Woche bei seiner China-Reise helfen, den Handelsstreit zu entschärfen.

China must open up, create level playing field: German economy minister

17 Jun 2019

BERLIN China must open up its markets and create fair rules for German companies, Economy Minister Peter Altmaier said ahead of talks in Beijing this week, adding that he would also discuss intellectual property protection and steel overcapacity.

Altmaier fordert Aufeinanderzugehen im Handelsstreit

17 Jun 2019

Berlin Bundeswirtschaftsminister Peter Altmaier will diese Woche bei seiner China-Reise helfen, den Handelsstreit zu entschärfen.

EU to propose workaround to avoid U.S. block on WTO judges - document

07 Jun 2019

BERLIN/GENEVA The European Union is set to propose creating a shadow system to get around a U.S. block on appeals in disputes at the World Trade Organization (WTO), according to a draft proposal circulated to national lawmakers.

UPDATE 1-Germany builds 285,900 new dwellings, highest in 16 years

29 May 2019

* Lack of craftsmen, scarcity of building land (Adds capacity limits, analyst)

German labour market feels effect of slowing economy

29 May 2019

BERLIN German unemployment unexpectedly rose for the first time in nearly two years in May, data showed on Wednesday, as slowing growth in Europe's largest economy spilled over into the labour market.

Drop in German business morale points to meagre growth

23 May 2019

BERLIN German business morale deteriorated more than expected in May as confidence in the services sector worsened, a survey showed on Thursday, suggesting that Europe's largest economy is losing steam after solid growth at the start of the year.

Germany spends record 23 billion euros on refugees - document

20 May 2019

BERLIN Germany spent a record 23 billion euros (20 billion pounds) last year on helping to integrate more than one million refugees and fighting the root causes of migration abroad, a government document seen by Reuters showed on Monday.

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