Berlin - The German government rejected Tuesday a plea from General Motors (GM), the world's biggest carmaker, for targeted aid for German car factories.
At the same time, an existing government plan to subsidize car sales came unravelled, suggesting that the final form of Berlin's aid to the industry was still in play.
With US-based GM teetering, the multinational's German arm, Opel, had earlier written to Chancellor Angela Merkel requesting she push harder for a 40-billion-euro
Berlin - European leaders travel to Washington this week for the summit of Group of 20 (G20) major economies with an ambitious set of plans for reforming the world financial system and facing up to the threat of a sharp economic slowdown.
Berlin - German Chancellor Angela Merkel congratulated the first democratic
Berlin - German investor confidence rebounded from record lows with a key indicator released Tuesday posting a surprise increase in November amid government and central bank moves to shore up the economic outlook.
Berlin - German investor confidence posted a surprise increase in November, a key indicator released Tuesday showed, with the survey representing a key test of sentiment in Europe's biggest economy amid the fallout from the world financial crisis.
Berlin - The mood among German investors remains downcast, a key indicator to be released Tuesday is forecast to show, with the survey representing a key test of sentiment in Europe's biggest economy amid the fallout from the world financial crisis.
