Germany narrowly escaped a recession in the third quarter, official data showed Wednesday, offering some relief to Europe’s biggest economy as its fortunes falter. Gross domestic product rose 0. ...

In 2024, Diwali Day, the final day of the celebration, falls on October 31st. But in cities around Germany public celebrations will continue through the weekend. Diwali takes its name from the ...

German Economy Avoids Recession But Not Broader Crisis 3Q output unexpectedly rose 0.2% after revised 0.3% drop in 2Q France, Spain also fared better, buoying broader euro zone ...

His latest book is “In Search of Berlin,” published by Atlantic. He is a regular POLITICO columnist. Nobody in Europe showers German Chancellor Olaf Scholz with compliments. So, when Joe Biden turned ...

BERLIN — German carmaker Volkswagen plans to close plants in its home country for the first time in the company’s 87-year history, potentially leading to tens of thousands of layoffs ...

Volkswagen plans to close “at least” three factories in Germany, lay off tens of thousands of staff and downsize remaining plants in the country, the company’s employee group said Monday.

"This is the plan of Germany's largest industrial group to start the sell-off in its home country," said General Works Council Chairwoman Daniela Cavallo, speaking at VW’s main plant in Wolfsburg.

The auto maker’s top employee representative told workers that management planned to shutter three German factories to cut costs amid slumping sales. By Melissa Eddy Melissa Eddy covers ...

Volkswagen plans to close as many as three of its German factories, a move unprecedented in the brand's history, as it looks to cut more than $4.3 billion in costs, The powerful workers' union is ...

German Chancellor Olaf Scholz shakes hands with Prime Minister of India Narendra Modi on October 25, ... [+] 2024 in New Delhi, India. (Photo by Marvin Ibo Güngör/Bundesregierung via Getty ...