Germans' purchasing power increased in the first quarter at its weakest rate in more than three years as inflation accelerated in Europe's largest economy, data from the Federal Statistics Office showed on Friday.
A parliamentary group from Germany, which was scheduled to visit Turkey, has canceled the trip when it was informed that the lawmakers could not hold talks with officials in the Turkish government and parliament.
German hiker Thomas Heinrich Schmöckel, who has a degree in economics and began his journey five years ago arrived in Mashhad in the northeastern province of Khorasan Razavi on May 22, according to Khorasan Razavi Cultural Heritage, Handicrafts and Tourism Department.
Wintershall, a German oil company, has withheld more than $900 million of Libya’s oil money, a senior Libyan official says, as a row deepens over what role the UN-backed government should have in monitoring and implementing oil contracts.
German exports rose to a new record high in March but were outpaced by imports to slightly narrow the trade surplus, while factory production dropped slightly, according to two reports from Europe’s largest economy.