Ahead of the annual spring meeting of the International Monetary Fund (IMF) and World Bank in Washigton, the funds chief Christine Lagarde criitizised Germany's repeated trade surplus as counterproductive to balanced economic development.
During meetings with EU leaders, US President Donald Trump threatened to curb the sale of millions of German cars in the US. In comments leaked to German press he said Germany was acting in a bad way.
Neighbors France and Germany have a lot in common. That’s why each can benefit from a look across the other's border, writes guest commentator Alfred Grosser, a French-German writer and political scientist.
Germany's economic research institute Ifo has raised its forecast for GDP expansion in the country this year and the next. The labor market should remain solid and trade surplus should increase, the think tank predicts.
The International Monetary Fund has announced another financial boost for Greece in support of making the crisis-hit country's debt more sustainable, but continues to insist on a debt cut from the EU.
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