ANKARA, Turkey (AP) — Turkey's president accused Germany of trying to scare off investors from his country after Berlin toughened its stance toward Ankara following the arrest of human rights activists including a German national.
A day after the German government told German citizens traveling to Turkey to exercise caution and threatened to withhold backing for investments, Turkish President Recep Tayyip Erdogan was defiant.
Germany raises 2017 growth forecast to 1.5 percent
BERLIN (AP) — The German government slightly raised its growth forecast this year for the country's economy, Europe's biggest, to 1.5 percent on Wednesday. It predicted that the economy will expand by 1.6 percent in 2018.
The government had forecast in January that gross domestic product would grow by 1.4 percent this year following last year's 1.9 percent expansion. This year's growth is expected to be lower because more public holidays fall on weekdays.
Germany moves to liberalize public Wi-Fi regulations
BERLIN (AP) — The German government is trying to encourage more open Wi-Fi hotspots across Germany by relaxing rules on businesses providing the wireless connection.
Economy Minister Brigitte Zypries said her proposed law changes, adopted Wednesday by the Cabinet, mean business owners would no longer be held liable if users of their Wi-Fi connection downloaded illegal content.
Germany may file WTO complaint if US levies border tax
BERLIN (AP) — Germany's economy minister says her country may sue the United States before the World Trade Organization if President Donald Trump goes ahead with a planned 'border tax' on imported goods.
Brigitte Zypries says World Trade Organization rules limit the level of import taxes member states can levy.
Her comments come on the day German Chancellor Angela Merkel is due to meet Trump in Washington for the first time.
France: PSA-Opel deal would be good news if jobs are saved
PARIS (AP) — France's finance minister says a possible PSA Group takeover of General Motors' German subsidiary Opel could help both companies if it doesn't lead to job cuts.
The potential move by PSA, maker of Peugeot and Citroen cars, could shake up Europe's auto market and companies that employ tens of thousands of workers.
Germany’s Merkel calls PSA group CEO over Opel takeover
BERLIN (AP) — Chancellor Angela Merkel has called the chief executive of PSA Group, the maker of Peugeot and Citroen cars, to discuss its potential takeover of General Motors' German subsidiary.
Merkel's spokesman said PSA boss Carlos Tavares told her Tuesday that the Opel unit would remain independent within the group.
The spokesman, Steffen Seibert, said Tavares also assured Merkel that PSA would safeguard Opel's sites and planned investments and "honor job guarantees."
German economy minister to raise Opel fate during Paris trip
BERLIN (AP) — Germany's economy minister plans to discuss the future of General Motors' Opel subsidiary during a visit to Paris on Thursday.
A spokesman for Brigitte Zypries said Monday the issue of a possible takeover by France's PSA Group would play a "big role" in talks with her French counterpart.
Andreas Audretsch said the German government's priorities are to safeguard jobs, factories, development centers and past labor commitments.
Germany worried of jobs cuts from possible sale of GM’s Opel
FRANKFURT, Germany (AP) — German politicians are expressing concern about a possible takeover of General Motors' Opel division by France's PSA Group, maker of Peugeot and Citroen cars.
Chancellor Angela Merkel's Cabinet discussed the possible consequences for German workers Wednesday.
Opel employs 19,000 people in Germany out of a total work force of 38,000. And it's an election year in Germany, which means politicians are particularly sensitive to anything that might mean job losses.
German economy minister: Trump signals on trade “alarming”
BERLIN (AP) — Germany's economy minister says President Donald Trump's administration has sent "alarming" signals on trade so far, but in comments published Wednesday she said isolationism would also hurt the U.S. economy and it's important to keep talking with Washington.
Germany has the biggest economy in the 28-nation European Union and is one of the world's biggest exporters. It is wary of a more protectionist U.S. approach under the new administration.
New German FM Gabriel to visit Paris on 1st foreign trip
BERLIN (AP) — Germany's new foreign minister will visit France on Saturday for his first trip abroad.
Sigmar Gabriel assumed the post Friday as part of a Cabinet reshuffle prompted by the departure of the previous foreign minister, Frank-Walter Steinmeier, who's expected to become Germany's next president.
Foreign Ministry spokesman Martin Schaefer says Gabriel's meeting with his French counterpart, Jean Marc Ayrault, shows the importance Berlin places on its friendship with Paris.