Chancellor Olaf Scholz on Friday laid out his vision to secure the future of Germany's ailing economy at a campaign event in the historic home base of the crisis-hit auto titan Volkswagen. The embattled chancellor,

Olaf Scholz became German chancellor with a pledge to modernise and jolt Europe’s largest economy from its paralysis. But just two months after taking office, Russia’s full-scale invasion of Ukraine in February 2022 ripped the Social Democrat’s plans apart and strained his coalition with the Greens and the Liberals.

Germany's economy shrank for a second straight year in 2024, official figures showed Wednesday, with little hope of a speedy recovery as Europe's traditional powerhouse is also mired in political crisis.

Chancellor Olaf Scholz voiced cautious optimism on Tuesday on the potential for German-U.S. relations under President Donald Trump, citing good first talks with his administration, but stressed the importance of "cool heads" in the face of uncertainty.

Donald Trump's return to the White House has darkened the mood in Germany a month before elections, as multiple crises shake the foundations on which Europe's biggest economy built its post-war prosperity.

Auto industry jobs have long been the lifeblood of the German town of Luedenscheid but now, a trade union official says, the sector's woes have sparked fears it will turn into an "open-air industrial museum".

German Chancellor Olaf Scholz on Wednesday said the presidency of Donald Trump would "be a challenge" but stressed he wanted to build on the foundations of the "stable" relationship between America and Europe.

Persistent inflation, rising borrowing costs, and tempered enthusiasm for electric vehicles are pushing Europe’s car market into a difficult era.

While addressing Trump supporters in Washington on Monday, the tech billionaire brought his hand to his chest and extended it straight out, twice, before saying: "My heart goes out to you." The gesture sparked controversy as it drew comparisons to a Nazi salute.

Essen is looking to compel both asylum seekers and recipients of welfare to work for the city in an effort to stoke an economy blighted by unemployment and stagnation.

German Chancellor Olaf Scholz is under mounting pressure ahead of next month's snap election as the country's economy shrinks for a second year in a row.

The (Socialist Equality Party, SGP) is contesting the federal elections to oppose the all-party coalition advocating war and austerity.