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Tag: Germany

Germany August Inflation Revised Up To 2.5%

Sep 09 2011 06:22:02 in Market

Germany's consumer pries increased more than previously estimated in August, final data released by statistical office Destatis showed Friday. The harmonized prices of consumer prices (HICP) increased 2.5 percent year-on-year in August, up from the 2.4 percent growth estimated earlier. Read more

Germany Aug. Service Sector Growth Slowest Since Oct. 2009

Sep 05 2011 08:20:02 in Market

Activity in Germany's service sector increased at the slowest pace since October 2009 in August, final data released by Markit Economics showed Monday. The purchasing managers index (PMI) for the service sector was at 51.1 in August, up from the 50.4 estimated earlier. Read more

Germany August Services Pmi slips to 51.1, Lowest Since Oct 2009

Sep 05 2011 08:10:02 in Market

News: German composite PMI for August fell to a final reading of 51.3 from 52.5 in July, confirming a preliminary reading Services PMI fell to 51.1 from 52.9 in July, slightly higher than a flash reading of 50. Read more

Germany Calls for Greece to Implement Reforms Quickly and Comprehensively

Sep 02 2011 11:08:02 in Market

News: German Chancellor Angela Merkel said Greece must carry out economic reforms quickly and comprehensively She said that she is confident that Italy will reach its savings targets On changes to the European Union treaty, Merkel's spokesman Steffen Seibert said the govt was concentrating on... Read more

Germany Wishes to Help Portugal Whenever It Needs – Merkel

Sep 01 2011 12:07:02 in Market

News: Germany's Merkel welcomed measures taken by Portuguese on structural reforms She also assured her Portuguese counterpart about Germany's willingness to help her country when help is needed The material has been provided by Instaforex Company - ... Read more

Germany Confirms Q2 Growth At Anemic 0.1%

Sep 01 2011 08:07:01 in Market

Germany confirmed its anemic growth estimate for the second quarter, detailed results from the Federal Statistical Office revealed Thursday. Household spending and net exports weighed on growth, taking the economy to a near stagnation. The economy grew only 0. Read more

Germany, Finland Seek Solution To Greece Collateral Issue

Aug 29 2011 14:15:02 in Market

Germany and Finland are committed to resolving the issues regarding collateral for Greek loans, ministers from the two countries reportedly said on Monday. German Deputy Foreign Minister Werner Hoyer said he is optimistic that Finland would find a solution acceptable to all Eurozone members. Read more

Germany, Finland to Resolve Bilateral Discrepancies Over Greece - Officials

Aug 29 2011 12:07:04 in Market

News: Germany and Finland will find a resolution for the bilateral - officials discrepancies over Greece collateral Officals also told media, the countries would rather focus more on the stability of the euro zone countries - officials Quotes: "We're all in the same boat," - Alexander Stubb,... Read more

Germany: European leaders will reach agreement on Greek bailout

Jul 18 2011 14:15:42 in Market

Germany said it’s confident that European leaders will reach agreement on funding a second Greek bailout at a July 21 summit, as investors sell Spanish and Italian bonds on concern that the crisis is spreading, Bloomberg reported. Read more

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