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Germany's economy shrank by 0.1 per cent in the second quarter compared to the quarter before, the state statistical agency said 14 August 2003, confirming the country slid into a shallow recession. The second-quarter figure follows a 0.2 per cent...
#confirming#economy#Jobs
Though German car exports may be on the rise, German exports, in general, continue to suffer as a result of…
RWI, the German economic research institute, forecasts that Germany's economy will shrink by 0.2 per cent this year, but predicts…
#economy#German economy#investments
German small- and medium-sized companies (SMEs) are considerably more sceptical about their future financing parameters than their foreign peers, according…
German business bankruptcies rose 16 per cent last year in another token of the country's gloomy economy, government data showed.…
#bankruptcy#banks#economy
Business expectations in Germany deteriorated to levels last seen 10 years ago, when Europe's largest economy suffered from a severe…
Majority shareholder Rolf Gerling and substantial shareholder Deutsche Bank are planning to sell their shares in the Gerling group. However,…
#bank#Deutsche Bank#insurance
On Nov. 26, 2002, the EU Commission approved the creation of Industrieschutz Insurance Broker GmbH (IIB) retroactively from Oct. 1,…
Germany's closely-watched business climate Ifo index fell for a sixth consecutive month in November, confirming the fragility of German economic…
#bank#confirming#German economy
Lloyds TSB Commercial Finance today announced that it has joined forces with Bertelsmann Finance Service GMBH to provide invoice discounting…
VR Diskontbank, the German-based co-operative bank offering financial services in the areas of factoring and central regulation, last year showed…
#bank#financial services#regulation
The results of a representative survey conducted and recently released by Siemens Financial Services in Cooperation with the University of…
DG Bank, which owns the factoring company DG Diskonbank, is to merge with GZ Bank, it was agreed on Tuesday.…
#bank#banks#Rabobank