Chancellor Olaf Scholz on Friday laid out his vision to secure the future of Germany's ailing economy at a campaign event in the historic home base of the crisis-hit auto titan Volkswagen. The embattled chancellor,

Olaf Scholz became German chancellor with a pledge to modernise and jolt Europe’s largest economy from its paralysis. But just two months after taking office, Russia’s full-scale invasion of Ukraine in February 2022 ripped the Social Democrat’s plans apart and strained his coalition with the Greens and the Liberals.

BERLIN (AP) — The German economy shrank for the second straight year in 2024 as worried consumers held back on spending and Chinese competition ate into the country's traditional exports of cars and industrial machinery.

Germany's economy shrank for a second straight year in 2024, official figures showed Wednesday, with little hope of a speedy recovery as Europe's traditional powerhouse is also mired in political crisis.

German Chancellor Olaf Scholz is under mounting pressure ahead of next month's snap election as the country's economy shrinks for a second year in a row.

German Chancellor Olaf Scholz said he was staying "cool" in comments published by the German magazine Stern, after critical personal comments made by Elon Musk last year. Musk came under fire for backing the Alternative for Germany (AfD) in an opinion piece in a German newspaper in December.

Germany's economy shrunk for a second consecutive year in 2024, continuing its struggle with internal and external challenges.

Tesla CEO Elon Musk has called on the people of Germany to say no to German Chancellor Olaf Scholz. His statement comes after Germany ruling Social Democrat

Speaking at the first stop of his election campaign tour in Bielefeld, German chancellor Olaf Scholz addressed the controversy surrounding a potential defence budget increase, raised by US ...

Olaf Scholz fought with his former finance minister over how to pay for aid to Ukraine – but now he's unsure he wants to spend the money. (Photo by Sascha Schuermann/Getty Images) BERLIN ...

which translates to "Say No to Scholz" in English. Tesla CEO Elon Musk has called on the people of Germany to "say no" to German Chancellor Olaf Scholz. His statement comes after Germany's ruling ...

The fragile three-way coalition in the Bundestag has shattered. Olaf Scholz, the chancellor, has lost a vote of confidence and Germany is hurtling towards a snap federal election on Feb 23 ...