Germany is Turkey’s largest trading partner. So many in Turkey find Berlin’s opposition to EU membership for Ankara hard to stomach. But as the Turkish economy continues to prosper, many are asking who needs the EU.
EU and US delegates are meeting in Brussels for a fourth round of trade talks aimed at creating the world's largest free-trade zone. But critics say it could hurt consumers, workers and the environment.
In January, both German exports and imports made strong comebacks from a weak year-end in 2013. Exports rose at their fastest pace in almost two years, while imports surprised even more.
The EU executive Commission has urged Germany to curb its trade surplus, identifying it as a risk to the eurozone economy. The country’s huge exports should be matched with higher domestic consumption and investment.
The EU and the US have threatened Russia with punitive measures if Moscow does not reduce tensions in Ukraine. But some European countries are reluctant to impose sanctions due to close trade ties with Russia.
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