Germany's economy barely grew in the first quarter as the rest of the Eurozone fell deeper into recession. But signs are good for a recovery later in the year.
The government has "now reached the point where we need to ramp up these preparations" in case the UK crashes out of the EU. Without certainty, businesses in the UK are hurting, said the British Chambers of Commerce.
Berlin is reportedly mulling to toughen rules on share purchases in strategically important sectors by non-EU firms. The measure is prompted by the fear of Chinese corporate giants taking over German industry titans.
A slowdown in the German economy in the third quarter has raised recession fears. Economy Minister Peter Altmaier thinks a package of tax cuts and other measures are needed to shore up future economic growth.
Chancellor Merkel pledged to press Vladimir Putin over the latest escalation in Ukraine while opening a key Berlin conference with Ukrainian officials. Ukraine's Poroshenko has asked NATO for naval assistance.
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