Germany

Germany

Markets

German economy slows less than expected

Germany’s GDP posted growth of 0.4 percent in the second quarter, fighting off fears the nation may struggle as a result of Britain’s decision to leave the EU
Banking | Islamic Banking
Frankfurt, Germany. The city has opened its doors to Kuveyt Turk Bank, a sharia-compliant institution. The bank will follow Islamic finance principles, such as not charging interest on loans, and remains open to non-Muslims

Germany’s first Islamic bank opens for business

Kuveyt Turk Bank is preparing to open its German branch on July 1, making it the first sharia-compliant bank in a European country
Banking | Central Banking
The European Central Bank headquarters in Germany. The bank is under increasing pressure to introduce a quantitative easing-like programme in wake of the news the Eurozone has entered into deflation

Eurozone enters deflation

Eurostat figures show that the eurozone has entered into deflation, compounding pressure on the ECB to introduce its own QE programme

Europe | Videos

Germany can stomach Eurozone wobbles, says Holger Schmieding

World Finance speaks to Holger Schmieding, Chief Economist at Berenberg Bank, to discuss Germany’s economic future
Government policy | Infrastructure
In upcoming discussions, French Economy Minister Emmanuel Macron will try to persuade Germany to increase its investments to match France's €50bn public spending cuts. Finance Minister Michel Sapin will accompany him

Boost investments, France begs Germany

French Economy Minister Emmanuel Macron wants Germany to augment its investment spending by €50bn by 2018
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