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Oliver Rakau

Oliver Rakau latest

Germany is facing pressure at home and abroad to ditch its pledge to target balanced budgets and instead boost investment by taking on new debt.
August 22nd, 2019 - 10:30 GMT

Germany Needs Drastic Support Amid Recession Warnings

Germany’s economy, Europe’s largest and its growth engine, could enter a recession in the third quarter, the Bundesbank has warned amid a growing debate on government measures to support the economy. {"preview_thumbnail":"https://cdn.flowplayer.com/6684a05f-6468-4ecd-87d5-a748773282a3/i/v-i-3…","video_id":"326b6659-f8ec-4c7b-9e93-80a0e11adda5","player_id":"8ca46225-42a2-4245-9c20-7850ae937431","provider":"flowplayer","video":"World’s 10 Most Valuable Football Teams 2019"} Major German companies have led the list of profit warnings issued in the region during the latest earnings season. Daimler, BASF, Continental, Henkel, Deutsche Lufthansa and Metro are among those that have ...
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