Rainy Berlin
German economy languishes, equities still attractive
The largest economy in the eurozone is weakening. The German Dax index has been hit unprecedentedly hard in recent months. The discount that has emerged
A BMW manufacturing plant in Leipzig, Germany. Photo: BMW CC BY-SA 2.0 de
First German trade deficit in 31 years shows EU’s vulnerability
Germany has unexpectedly reported its first trade deficit since 1991. The reversal of the trade balance in Europe’s largest economy shows how difficult it is for German companies to handle rising costs of oil and gas. Economists at ABN Amro and Nomura meanwhile expect Europe will enter into a recession.
Joachim Bitterlich. Photo: Getty Images.
‘We tried to civilise Russia. We did not succeed.’ 
In a world where new powers, forces and risks are emerging, it is time to reset the EU’s common foreign and defence policy, says Joachim Bitterlich. Chancellor Helmut Kohl's chief advisor talks to Investment Officer about what a lack of realpolitik brings about. "How do we ensure our economic independence in a world with challenges like China, Russia and Africa? It is about raw materials, trade relations, investments and avoiding dependencies."
Euro sign at the ECB in Frankfurt
Draghi’s promise is at stake
President Biden and Olaf Scholz, the new German Chancellor, are not on the same page regarding Nordstream 2. Biden threatens that no natural gas will
Philippe Gijsels, BNP Paribas Fortis
Green transition leads to higher inflation
In the medium term, the green transition may further fuel inflationary risks, according to ECB board member Isabel Schnabel in an interview with the Financial
Maren Stadler-Tjan, Clifford Chance
No impact from new German impact fund regime
A recently-introduced German initiative to make that country a more attractive domicile for investment funds through a new regime promoting the formation of development impact