Germany's second-largest bank, Commerzbank, is planning to cut between 4,000 and 6,000 jobs. The lay-offs are part of a larger trend of scaling back among German banks.
Faced with "low and uneven growth" across the global economy, the IMF has urged governments to start spending again to buoy growth. It comes as reform efforts are stalling, and austerity seems to have run its course.
Once again, Europe is the sick man of the global economy. The ECB is opening the money channels, and the IMF wants more investment. But none of that can replace the necessary structural reforms, says DW's Rolf Wenkel.
As dark clouds are gathering over the German economy, calls are mounting for the government to spend more. DW's Manuela Kasper-Claridge spoke to senior economist Marcel Fratzscher about ways out of the growth slump.
Leading German experts are now seeing signs of an economic slump in Europe's power house. They're quite critical of Berlin's current policies - to the delight of Italy and France, opines DW's Andreas Becker.
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