Bloomberg: Germany’s Economy Runs on Low Wages

So there is no hint of a return to the position that other central banks have taken. The Bank of Japan is firmly committed to providing ‘expansionary’ conditions to encourage growth in wages, which they […]

Last week’s usage of natural gas by German households and small industry was 483 gigawatt hours, up 14.5% above the average for that week over the past four years, the Federal Network Agency said. Read […]

Berlin wants to stop Italian bank UniCredit from taking a major stake in Germany’s Commerzbank. Double standards? Read HERE Image: Commerzbank 1959