As energy prices continue to burden businesses and consumers, the German Ministry of Economic Affairs has predicted that the country's GDP will shrink, while inflation will remain at a near-record high, a phenomenon known as 'stagflation' in 2023

"Terror supporters, antisemites and extremists" could have their German citizenship revoked if they hold a second nationality, according to planning documents; critics say the measure would lead to unequal treatment

The conservative CDU/CSU bloc of German election winner Friedrich Merz and the Social Democrats reached an agreement in principle with the Greens on plans for a massive increase in state loans ahead of next week's parliamentary vote

Carmaker Porsche plans to cut a further 1.900 jobs company-wide over the next four years, after a programme already initiated proved insufficient; the news came just weeks after sports brand Adidas announced it would cut 500 in its headquarters in Bavaria