Germany

The German Ministry of Finance rejected the request of the European Commission that called on Eurozone governments to move towards fiscal loosening in order to inject growth and development. Though Germany was urged to move further away from its...

Anastasia Poulou, a senior research fellow at the Max Planck Institute for Social Law and Social Policy in Munich, received the second prize of the German Thesis Award by the Koerber Foundation. The award, given at the German Bundestag...

Greece ranked third in the import of oranges to Germany, with a market share of 2.8 percent in the 2013-2015 period, a report by the Greek embassy's economic and trade affairs bureau in Munich said on Thursday. Spain ranked first...

German municipal authorities in Karlsfeld, 12 kilometers from central Munich, have angered the Greek community following a decision to take back a plot of land benchmarked in 2001 for the construction of a Greek school. The construction deal had...

German Finance Minister Wolfgang Schaeuble acknowledged that Greece has made progress in reforms but, again, he rejected any talk on debt relief before 2018. Despite the Greek government's belief that creditors will negotiate debt easing measures before the end of the...

The solution of Greece's debt relief issue lies solely in the hands of the euro zone member states, said European Commissioner for Financial Affairs Pierre Moscovici. The commissioner's statement came as a response to a request tabled by 36 European...

The uncertainty of whether the International Monetary Fund will participate in Greece's bailout program generates pessimistic scenarios about the country's economy, according to German press reports. "New Money, Old Controversy" is the title of an article in business daily Handelsblatt, referring...

A huge replica of the Parthenon in Athens made from 100,000 banned books is to rise at the Friedrichsplatz in Kassel Germany next year. The work, created on the initiative of Documenta, aims to recreate a similar project by...

International Monetary Fund (IMF) European department chief Poul Thomsen said that the fund is unlikely to rejoin Europe in more financing of Greece in the near future. He said that the IMF's EU department would be in Athens soon...

Germany has rebuked Greece for its lack of progress in processing the asylum requests of thousands of migrants stuck on Aegean islands and for not sending unqualified migrants back to Turkey. According to a Financial Times report, German Chancellor Angela...