German industrial production stagnates in May

Last Updated: Tuesday, July 7, 2015, 12:33

The ministry calculated that factory output remained unchanged in May compared to a month earlier, corrected for seasonal factors.

Germany, France demand `serious` proposals from Greece after `No` vote

Last Updated: Tuesday, July 7, 2015, 04:45

Germany and France on Monday called on Greece to make detailed proposals to revive bailout talks, a day after Greek voters defiantly rejected creditors` demands for further austerity, plunging Europe into crisis.

Germany, France press Greece to make credible proposals

Last Updated: Tuesday, July 7, 2015, 02:13

France and Germany told Greece to come up with serious proposals in order to restart financial aid talks, raising pressure on Prime Minister Alexis Tsipras to compromise a day after his country voted overwhelmingly against more austerity.

Germany dismisses Greece bid for new bailout after `No` vote

Last Updated: Monday, July 6, 2015, 23:51

Germany on Monday dismissed Greece`s bid to clinch a quick new debt deal after the country delivered a resounding `No` to more austerity, appearing little moved by the surprise resignation of the Greek finance minister.

Greeks evenly split heading into crucial referendum

Last Updated: Friday, July 3, 2015, 23:58

At least 20,000 people turned out at each rally, at the end of a week of high drama following the government`s rejection of an aid deal with international creditors and the closure of banks.

Greek crisis will impact global economy: Doha bank CEO

Last Updated: Friday, July 3, 2015, 17:00

Greek Prime Minister Alexis Tsipras on July 1 decided to press ahead with a bailout referendum on accepting creditors' stringent demands.

German new car sales up in June: Data

Last Updated: Thursday, July 2, 2015, 15:42

During the six months to June, output was steady at 2.917 million vehicles.

Greek PM Tsipras offers conditional okay to bailout, creditors sceptical

Last Updated: Wednesday, July 1, 2015, 16:42

In exchange, Athens wants a 29 billion euro loan to cover all its debt service payments due in the next two years.

Merkel says Germany won't negotiate new deal with Greece before referendum

Last Updated: Tuesday, June 30, 2015, 23:59

She said that this applied regardless of whether new offers were made on Tuesday, suggesting it was now too late to vet them. Merkel placed the blame on the Greek government for allowing its bailout programme to expire tonight.

German unemployment steady at historic low in June

Last Updated: Tuesday, June 30, 2015, 13:53

German unemployment remained at historically low levels in June as the recovery in Europe`s biggest economy remained on track, data showed on Tuesday.

Germany, France to hold crisis meetings over Greece on Monday

Last Updated: Monday, June 29, 2015, 01:16

The leaders of France and Germany will hold crisis meetings with their respective ministers and party leaders on Monday over the crisis in Greece, their offices said.

Obama, Merkel say 'critically important' for Greece to resume reforms: W.House

Last Updated: Monday, June 29, 2015, 00:48

US President Barack Obama and German Chancellor Angela Merkel on Sunday agreed that Greece needed to find its way back to a path of reform without exiting the eurozone, the White House said.