Finance Ministry

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Wirecard collapsed into insolvency on June 25th after admitting that about €1.9 billion in cash was missing from its accounts. Photograph:  Christof Stache

The German parliament is to hold a full inquiry into the collapse of the disgraced payments company Wirecard, in a move that will keep the affair at t(...)

A helicopter puts out a fire at the scene of the explosion at Beirut port. Photograph: STR/AFP via Getty Images

The explosion that killed at least 145 people, wounded 5,000 others and rendered hundreds of thousands of Beirutis homeless on Tuesday raises two fund(...)

Photograph: iStock

Britain said on Thursday it would seek to raise £110 billion pounds (€121 billion) from the bond market between September and November, taking total g(...)

German chancellor Angela Merkel: ‘The claim she only ever follows public opinion is not true.’ Photograph: Clemens Bilan/Pool/EPA

A decade ago Angela Merkel was crowned Europe’s austerity queen for – in the eyes of hard-hit euro crisis countries – demanding cuts as her price for (...)

In annual terms, house prices rose by 1.8%, slowing from 3.7% in April.

British consumers ramped up repayment of their debts and mortgage approvals slumped to the lowest on record in April as the country spent the month in(...)

Grounded aircrafts of German carrier Lufthansa at Frankfurt airport. The German government and Lufthansa are about to come to an agreement on an intended bailout rescue package. Photograph: Armando Babani/EPA

Deutsche Lufthansa said it’s close to a multibillion euro bailout deal that would see the state become its biggest shareholder after the coronavirus p(...)

Ryanair chief executive Michael O’Leary said he was working on a best-case scenario of two to three months in which flights would be grounded and revenues would vanish. Photograph: Jonathan Brady/PA Wire

Having triggered the wiping of more than $25 trillion off the value of public companies globally in the past five weeks as it wreaks havoc on health s(...)

The finance ministers said the “major economic shock” caused by Covid-19 justified the triggering of the “general escape clause” from EU budget rules

EU finance ministers have agreed to suspend restrictions on borrowing and spending to deal with the coronavirus pandemic and the economic havoc it is (...)

Chancellor of the exchequer Sajid Javid leaves 11 Downing Street. Photograph: Tolga Akmen/AFP via Getty

Outgoing chancellor Sajid Javid has warned Boris Johnson not to undermine the credibility of the treasury as the prime minister’s team took effective (...)

Investors are expecting the ECB to restart its asset purchase programme. Photograph: Getty Images

European shares opened higher on Wednesday, bolstered by China’s move to exempt some US goods from additional tariffs, the latest sign that a prolonge(...)

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