No recovery yet for ‘lacklustre’ German economy: Bundesbank
- 21-Aug-2023
FRANKFURT: Germany’s “lacklustre” economy will likely stagnate again in the third quarter, the Bundesbank central bank said Monday, as weak demand from abroad and high interest rates take their toll on Europe’s industrial powerhouse. After preliminary estimates suggested that the economy recorded zero growth in the second quarter of 2023, the outlook for the July-September […]
Immigration represents opportunity for Germany: central bank
- 16-Sep-2015
FRANKFURT: The head of the German central bank or Bundesbank, Jens Weidmann, said Wednesday the influx of refugees is a challenge for Germany, but also an opportunity given its ageing population.