Real earnings in Germany fell by 4,1% year-on-year in 2022 due to rising consumer prices; according to preliminary data published by the Federal Statistical Office, this is the steepest decline since the start of the time series in 2008

"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