Zero interest, exploding real estate prices and a rising stock market – the rich are getting richer. But what dangers does the global financial system pose to average citizens? Is the world facing a new financial crisis? DW takes a closer look.
Tens of thousands of public sector workers in Germany have gone on strike amid a spat between unions and the government over wage increases. The European Central Bank is watching the drama closely.
State television showed Ilmars Rimsevics arriving at the anti-corruption agency where he was questioned for more than seven hours. The prime minister said there was no danger for the financial system.
ECB governors have signalled greater confidence in the eurozone economy following a meeting of the central bank's rate-setting council. Policymakers dropped language of boosting the ECB's massive bond-buying program.
A Latvian bank is accused of funneling billions to North Korea while the country's top bank official is alleged to have taken bribes. However, European Central Bank authorities raised no alarms. Teri Schultz reports.
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