Olaf Scholz

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European Central Bank president Mario Draghi, left,  with  Italy’s economy and finance minister Giovanni Tria during the Eurogroup meeting at the EU headquarters in Luxembourg on Thursday. Photograph: John  Thys/AFP/Getty Images

EU finance ministers and officials have warned Italy that it needs to bring its public finances back into line with the bloc’s rules, saying previous (...)

Andrea Nahles, who suddenly resigned as leader of Germany’s Social Democratic Party (SPD). Photograph: Hannibal Hanschke/Reuters

Germany’s grand coalition parties stepped back from the brink on Monday, vowing to serve out their full term to 2021 after the sudden resignation of S(...)

Outgoing Social Democratic Party leader Andrea Nahles with German chancellor Angela Merkel: The SPD’s search for its seventh leader in a decade reflects a deep-seated identity crisis in Germany’s oldest party. Photograph: Britta Pedersen

Germany’s grand coalition is scrambling to save itself after Sunday’s resignation of Andrea Nahles, leader of the junior Social Democrat (SPD) coaliti(...)

SPD leader Andrea Nahles said she was standing down after a bruising parliamentary party meeting last week showed “that the necessary backing is not there to perform my duties”. Photograph: Michele Tantussi/Reuters

Germany’s oldest party, the Social Democratic Party (SPD), is in disarray after leader Andrea Nahles announced her resignation on Sunday after just 40(...)

German economy minister Peter Altmaier and Markus Soeder, prime minister of Bavaria. Photograph: Michaela Rehle/Reuters

The German economy returned to growth in the first quarter, helped by higher household spending and a booming construction industry, preliminary data (...)

The collapse this week of merger talks between Deutsche Bank and Commerzbank brings to an end German attempts to create a national champion in the banking sector to rival competitors such as JP Morgan and Citigroup. Photograph: Hayoung Jeon/EPA

Pssst! Anybody want to buy a German bank? Two for sale, cheap at the price. All offers considered. Contact O Scholz, finance ministry, Berlin. No time(...)

German Finance Minister Olaf Scholz. Photograph:  Alexander Becher/EPA

Finance Minister Olaf Scholz said he expected Germany to escape recession, pointing to a subdued but upward trend in its and Europe’s economies. With(...)

French president Emmanuel Macron and German chancellor Angela Merkel: Critics say the treaty lacks ambition and does not address the euro zone, migrants or social and environmental policy. Photograph: Wolfgang Rattay

French president Emmanuel Macron and German chancellor Angela Merkel will meet on Tuesday morning in the coronation room of the town hall in the Germa(...)

German finance minister Olaf Scholz said he was not opposed to tax competition in Europe but favoured an international minimum level of taxation.

German finance minister Olaf Scholz has flagged fiscal and monetary integration as priorities in Europe’s next, overdue integration push. In a far-re(...)

Europe’s future depended on France and Germany working together to prevent the continent becoming a “plaything of great powers,” French president Emmanuel Macron told the Bundestag. Photograph: Michele Tantussi/Getty Images

In his Bundestag debut on Sunday, French president Emmanuel Macron warned Europe – and his German host – that “chaos” looms unless the continent – pus(...)

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