Strong domestic sales and high employment are boosting German tax revenues. German exporters are also doing well.
Evacuate the dancefloor! Cascada, led by singer Natalie Horler, is one of Germany’s most successful music exports. Chart hits, touring, career dreams: we present the dance act and play their biggest hits.
Two of the world's biggest trading nations saw both exports and imports cooling lately. While Chinese trade growth in July slowed significantly compared with June, German exporters even suffered a surprise decline.
Foreign minister Sigmar Gabriel has announced a review of German state guarantees for financing exports to Turkey, and warned citizens to be careful when travelling to the country amid escalating tensions.
The most recent tax estimate provided by German economists has signaled that both the federal government and the 16 states can look forward to higher tax income. But the windfall is not evenly distributed.
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