Chancellor Olaf Scholz on Friday laid out his vision to secure the future of Germany's ailing economy at a campaign event in the historic home base of the crisis-hit auto titan Volkswagen. In front of cheering supporters, Scholz defended his government's ...
The European Union is working on a proposal for bloc-wide purchase incentives for electric vehicles to support the bloc’s struggling automakers, German Chancellor Olaf Scholz said Tuesday.
Chancellor Olaf Scholz voiced cautious optimism on Tuesday on the potential for German-U.S. relations under President Donald Trump, citing good first talks with his administration, but stressed the importance of "cool heads" in the face of uncertainty.
German Chancellor Olaf Scholz is under mounting pressure ahead of next month's snap election as the country's economy shrinks for a second year in a row.
Germany's economy shrank for the second straight year in 2024 as worried consumers held back on spending and Chinese competition ate into the country's traditional exports of cars and industrial machinery.
Germany is in the middle of its worst economic slowdown in years. Official figures show two years of consecutive GDP contraction, and 2025 is unlikely to bring any relief, projected at near-zero growth.
Friedrich Merz, the conservative front-runner in the race to be Germany’s next chancellor, warned domestic companies against making bigger investments in China.
Auto industry jobs have long been the lifeblood of the German town of Luedenscheid but now, a trade union official says, the sector's woes have sparked fears it will turn into an "open-air industrial museum".
Auto industry jobs have long been the lifeblood of the German town of Luedenscheid but now, a trade union official says, the sector's woes have sparked fears it will turn into an "open-air industrial museum".
The (Socialist Equality Party, SGP) is contesting the federal elections to oppose the all-party coalition advocating war and austerity.
Donald Trump's return to the White House has darkened the mood in Germany a month before elections, as multiple crises shake the foundations on which Europe's biggest economy built its post-war prosperity.
Reversing the decline would require an overhaul of the system, which is why unions need a more radical political vision: as a member of the German Communist Party’s youth wing the SDAJ put it, “the class struggle is about more than wages. It’s about the permanent securing of our interests. We don’t need socialism tomorrow — we need it today.”