Paul Carrel

German economy sinks, but skirts worst of virus fallout

15 May 2020

BERLIN Germany's economy slumped in the first quarter at its steepest rate since 2009 with worse expected by mid-year, but it is weathering fallout from the coronavirus better than other EU states where outbreaks have been more disruptive. | Video

With economic integration pledge, Merkel seeks to defuse ECB time-bomb

13 May 2020

BERLIN Germany will act wisely in response to a court ruling targeting the European Central Bank's flagship stimulus programme and use the decision as impetus to drive closer euro zone economic policy coordination, Chancellor Angela Merkel said on Wednesday.

Germany spots way through ECB legal maze

11 May 2020

BERLIN German policymakers see a way out of the challenge posed by their top court to the European Central Bank's flagship policy programme that could even make the euro zone more robust -- but they need the ECB to play along.

German lawmakers turn sights on Bundesbank to get to ECB

07 May 2020

BERLIN German lawmakers are debating whether to require their national central bank, the Bundesbank, to report to them on European Central Bank policy after the country's top court took aim at an ECB stimulus plan, parliamentary sources said.

Germany eases lockdown, with 'emergency brake' on hand if needed

06 May 2020

BERLIN Chancellor Angela Merkel announced steps on Wednesday to ease the coronavirus lockdown in Germany but at the same time launched an "emergency brake" mechanism allowing for renewed restrictions in case infections pick up again. | Video

'Merkel-esque' compromise may be way out of ECB impasse - court plaintiff

06 May 2020

BERLIN The ECB may well cut a deal to escape a landmark German court verdict with its powers broadly intact, a plaintiff in the case said, while not ruling out a second legal challenge against the bank's coronavirus-linked stimulus scheme.

German social distancing will be extended to May 10: Merkel aide

30 Apr 2020

BERLIN Social distancing measures in Germany will be extended until May 10, Chancellor Angela Merkel's chief of staff said ahead of a high-level meeting on Thursday to review coronavirus lockdown restrictions.

Scientists urge Germans to keep social distancing discipline

29 Apr 2020

BERLIN Germans must persevere with social distancing or risk exponential growth in the number of coronavirus cases, four leading science institutes said on Wednesday.

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