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  In November, Merkel's government unveiled its first stimulus package  
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      Germany's Merkel lays groundwork for new stimulus package
Amid a dispute over tax cuts, German Chancellor Angela Merkel's ruling coalition has prepared the groundwork for a new economic stimulus package designed to protect Germany from recession.  read full story more
 
         
 
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Inflation figures are expected to drop further / © picture-alliance / maxppp Inflation in Germany dips in December
German inflation slowed to 1.1 per cent in December, mainly as a result in a steep fall in the price of fuel, the Federal Statistics Office, Destatis, said Tuesday, December 30. more
Chancellor Merkel said we need a clear set of principles / © dpa - Report Germany calls for social responsibility in global economy
In her New Year's address, Chancellor Angela Merkel said the global economy had been plunged into crisis by financial excess carried out without social responsibility and with a loss of proportion by many bankers and managers. more
European single currency celebrates its 10th anniversary / © ZB - Special Euro turns 10
The European single currency has acted as a windbreaker against the global financial storm for euro zone businesses and citizens, financial experts said Monday, December 29. more
The BMW 7 Series at its world premiere in Munich, Germany / © REUTERS/Alexandra Beier BMW India to launch 7 Series in February 2009
German luxury car maker BMW India recently announced that it has achieved 100 per cent growth in its car sales for 2008. According to media reports, BMW India has already sold 2,703 cars till November and aims to sell 2,800 by the end of 2008 against 1,387 in 2007. more
Consumer spending in Germany predicted to be stable / © dpa - Report Consumer spending to be stable through 2009 in Germany
Despite the fears of a growing world recession, Germans seem to be in the Christmas shopping fever, according to recently released consumer report. Consumer spending went up in December and as the data predicts that it will remain stabile in 2009. more
Germany faces the worst economic recession in its post-war history / © picture-alliance / dpa Chancellor Merkel considering new economic stimulus measures
German Chancellor Angela Merkel acknowledged that Germany's current 31 billion euros ($42.36 billion) stimulus package might not be enough, but said she wants to wait until January 2009 before putting forward a new proposal. more
Germany might see economic activity contract by up to 3 per cent next year / © dpa - Report German business braces itself as confidence plunges
German business sentiment dropped more than expected in December, hitting a record low after plunging for seven straight months. With business slumping, Europe's largest economy is bracing itself for a tough year. more
An annual RESALE fair is organised in Germany / © dpa - Bildfunk Some German sectors profit despite recession
In the face of the global financial crisis world economies are in freefall. Surprisingly however, some German businesses are coming out on top: Used machinery and security services seem to be riding the storm. more
Education is an important area of work for CSR projects worldwide / © picture-alliance / Godong German Foreign Office promotes corporate social responsibility
The German Foreign Office, together with the Bertelsmann Foundation, has launched an Internet platform to promote Corporate Social Responsibility (CSR). The new information portal provides a forum for closer networking and country-based exchange of business ideas and initiatives amongst German companies. more
Bangalore International Exhibition Centre in Bangalore / © Deutsche Messe AG Leading fairs from Germany come to India
The second edition of the concurrent industrial trade fairs on the topics of Hannover Messe will be staged at Bangalore International Exhibition Centre (BIEC), from December 10-13, 2008. more
 
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