Low or no interest rates are changing the ways banks do business. Apartments in Berlin's Schöneberg district are quite sought-after. Estate agent Ariane Jauss is struggling to deal with the flood of potential buyers.
Britain's central bank has done what it avoided doing for the past 10 years. It's hiked interest rates to curb inflation caused by a steep drop in the pound's value. But the marginal rise is of a rather symbolic nature.
German economic growth in the third quarter has beaten analysts' expectations as stronger investment propelled GDP expansion in Europe's powerhouse. Some pundits see a risk of the economy overheating.
Negotiations for the first post-Brexit EU budget will start in 2018. Germany will be the biggest contributor to the budget. Will it use its leverage to make recalcitrant member states like Poland behave differently?
The European Central Bank has announced a cut in its bond-buying economic stimulus program, taking its biggest step yet towards unwinding years of loose monetary policy introduced in the wake of the financial crisis.
© 2017 Deutsche Welle |
Legal notice |
| Mobile version