Tourist Arrivals in Germany increased to 38881 Thousand in 2018 from 37452 Thousand in 2017. Tourist Arrivals in Germany averaged 23455.44 Thousand from 1992 until 2018, reaching an all time high of 38881 Thousand in 2018 and a record low of 14347 Thousand in 1993. This page provides - Germany Tourist Arrivals- actual values, historical data, forecast, chart, statistics, economic calendar and news.

European equities closed higher on Friday, with the DAX 30 advancing 145 points or 1.4% to 10,904, as tensions between the world's largest economies eased after top US and Chinese officials discussed their Phase 1 trade deal in a telephone call, with both parties agreeing to fulfill their commitments. Meanwhile, awaited the outcome of the Eurogroup video conference at which Eurozone finance ministers were set to discuss the economic situation in the bloc and the Pandemic Crisis Support package. Among single stocks, Siemens jumped 4.8% as the company announced cost-cut plans to deal with the impact of the coronavirus pandemic, after posting an 18% drop in industrial profits in the January-March period. For the week, the DAX 30 added 0.4%. Historically, the Germany DAX 30 Stock Market Index reached an all time high of 13797.12 in February of 2020. The DAX Index is the benchmark index for the German equity market. It tracks the performance of 30 selected German blue chip stocks traded on the Frankfurt Stock Exchange, which represent around 80 percent of the market capitalization listed in Germany. The Index is free floating and has a base value of 1000 as of December 31, 1987.

Living Wage Individual in Germany increased to 1240 EUR/Month in 2017 from 1210 EUR/Month in 2016. Living Wage Individual in Germany averaged 1172.50 EUR/Month from 2014 until 2017, reaching an all time high of 1240 EUR/Month in 2017 and a record low of 1060 EUR/Month in 2014. WageIndicator Living Wage computations are based on the cost of living for a predefined food basket derived from the FAO database distinguishing 50 food groups with national food consumption patterns in per capita units, for housing and for transportation, with a margin for unexpected expenses. The data about prices of these items is collected through an online survey.

Construction Pmi in Germany decreased to 31.90 points in April from 42 points in March of 2020. Construction Pmi in Germany averaged 52.05 points from 2013 until 2020, reaching an all time high of 59.80 points in January of 2018 and a record low of 31.90 points in April of 2020. The Germany Construction Purchasing Managers’ Index® is based on original survey data collected from a representative panel of over 200 companies based in the German construction sector. Data are collected at mid-month, asking respondents to compare a variety of construction conditions with the situation one month ago. A reading of below 50.0 indicates that the construction activity is generally declining, above 50.0 that it is generally expanding and exactly 50.0 indicates no change on the level recorded the previous month. This page provides - Germany Construction Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Services PMI in Germany decreased to 16.20 points in April from 31.70 points in March of 2020. Services PMI in Germany averaged 53 points from 2007 until 2020, reaching an all time high of 60.30 points in January of 2011 and a record low of 16.20 points in April of 2020. The Germany Services PMI (Purchasing Managers' Index) is based on data collected from a representative panel of over 500 companies based in the German service sector. The index tracks variables such as sales, employment, inventories and prices. A reading above 50 indicates that the services sector is generally expanding; below 50 indicates that it is generally declining. This page provides the latest reported value for - Germany Services PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Retirement Age Men in Germany increased to 65.67 in 2019 from 65.58 in 2018. Retirement Age Men in Germany averaged 65.27 from 2009 until 2019, reaching an all time high of 65.67 in 2019 and a record low of 65 in 2010. From July 2014, workers who have paid social security contributions for 45 years will be able to retire on a full pension at 63. This page provides the latest reported value for - Germany Retirement Age - Men - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Gross Domestic Product (GDP) in Germany was worth 4040 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of Germany represents 3.33 percent of the world economy. GDP in Germany averaged 2024.47 USD Billion from 1970 until 2019, reaching an all time high of 4040 USD Billion in 2019 and a record low of 215.02 USD Billion in 1970. This page provides the latest reported value for - Germany GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Labor Force Participation Rate in Germany increased to 62.60 percent in the fourth quarter of 2019 from 62 percent in the third quarter of 2019. Labor Force Participation Rate in Germany averaged 59.80 percent from 1998 until 2019, reaching an all time high of 62.60 percent in the fourth quarter of 2019 and a record low of 56.90 percent in the second quarter of 2004. This page provides - Germany Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Agriculture in Germany decreased to 6.35 EUR Billion in the fourth quarter of 2019 from 7.12 EUR Billion in the third quarter of 2019. GDP From Agriculture in Germany averaged 5.24 EUR Billion from 1991 until 2019, reaching an all time high of 7.43 EUR Billion in the second quarter of 2014 and a record low of 3.62 EUR Billion in the fourth quarter of 2008. This page provides - Germany Gdp From Agriculture- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Foreign Exchange Reserves in Germany increased to 226903 EUR Million in April from 213722 EUR Million in March of 2020. Foreign Exchange Reserves in Germany averaged 129583.58 EUR Million from 1998 until 2020, reaching an all time high of 226903 EUR Million in April of 2020 and a record low of 71335 EUR Million in December of 2004. In Germany, Foreign Exchange Reserves are the foreign assets held or controlled by the country central bank. The reserves are made of gold or a specific currency. They can also be special drawing rights and marketable securities denominated in foreign currencies like treasury bills, government bonds, corporate bonds and equities and foreign currency loans. This page provides - Germany Foreign Exchange Reserves - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Germany is the 7 most competitive nation in the world out of 140 countries ranked in the 2018 edition of the Global Competitiveness Report published by the World Economic Forum. Competitiveness Rank in Germany averaged 5.31 from 2007 until 2019, reaching an all time high of 7 in 2007 and a record low of 3 in 2017. The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. In 2018, the World Economic Forum introduced a new methodology emphasizing the role of human capital, innovation, resilience and agility, as not only drivers but also defining features of economic success in the 4th Industrial Revolution. As a result, the GCI scale changed to 1 to 100 from 1 to 7, with higher average score meaning higher degree of competitiveness. The report is made up of 98 variables organized into twelve pillars with the most important including: institutions; infrastructure; ICT adoption; macroeconomic stability; health; skills; product market; labour market; financial system; market size; business dynamism; and innovation capability. This page provides the latest reported value for - Germany Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Retirement Age Women in Germany increased to 65.67 in 2019 from 65.58 in 2018. Retirement Age Women in Germany averaged 65.27 from 2009 until 2019, reaching an all time high of 65.67 in 2019 and a record low of 65 in 2010. From July 2014, workers who have paid social security contributions for 45 years will be able to retire on a full pension at 63. This page provides the latest reported value for - Germany Retirement Age - Women - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Composite Pmi in Germany decreased to 17.40 points in April from 35 points in March of 2020. Composite Pmi in Germany averaged 53.37 points from 2013 until 2020, reaching an all time high of 59 points in January of 2018 and a record low of 17.40 points in April of 2020. In Germany, the Germany Composite Output Index tracks business trends across both the manufacturing and service sectors, based on data collected from a representative panel of over 1,000 companies (50 percent from the manufacturing sector and 50 percent from the services sector). The index tracks variables such as sales, new orders, employment, inventories and prices. A reading above 50 indicates expansion in business activity and below 50 indicates that it is generally declining. This page provides the latest reported value for - Germany Composite PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Full Time Employment in Germany increased to 30455.60 Thousand in the fourth quarter of 2019 from 29916.60 Thousand in the third quarter of 2019. Full Time Employment in Germany averaged 28539.64 Thousand from 1998 until 2019, reaching an all time high of 30455.60 Thousand in the fourth quarter of 2019 and a record low of 26748.40 Thousand in the first quarter of 2006. This page provides - Germany Full Time Employment- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Social Security Rate in Germany stands at 39.06 percent. Social Security Rate in Germany averaged 39.94 percent from 1981 until 2019, reaching an all time high of 42.53 percent in 2005 and a record low of 33.35 percent in 1981. In Germany, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Germany because they help to pay for many social programs including welfare, health care and many other benefits. This page provides the latest reported value for - Germany Social Security Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Steel Production in Germany decreased to 2900 Thousand Tonnes in March from 2920 Thousand Tonnes in February of 2020. Steel Production in Germany averaged 3192.49 Thousand Tonnes from 1950 until 2020, reaching an all time high of 4744 Thousand Tonnes in October of 1974 and a record low of 907 Thousand Tonnes in February of 1950. This page has Steel Production values for Germany.

Germany recorded a Current Account surplus of 24400 EUR Million in March of 2020. Current Account in Germany averaged 4196.34 EUR Million from 1956 until 2020, reaching an all time high of 32222.30 EUR Million in March of 2017 and a record low of -9353 EUR Million in August of 2000. Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides - Germany Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news.

New Orders in Germany decreased to 86.70 points in March from 102.40 points in February of 2020. New Orders in Germany averaged 55.75 points from 1952 until 2020, reaching an all time high of 113 points in December of 2017 and a record low of 8.80 points in January of 1952. In Germany, because new orders heavily affect business confidence they are a leading indicator for growth in gross domestic product. This page provides - Germany New Orders - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government spending in Germany was last recorded at 45.4 percent of GDP in 2019 . Government Spending to GDP in Germany averaged 46.72 percent from 1991 until 2019, reaching an all time high of 55.10 percent in 1995 and a record low of 43.40 percent in 2007. This page provides the latest reported value for - Germany Government Spending to GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Labour Costs in Germany increased to 109.67 points in the fourth quarter of 2019 from 108.96 points in the third quarter of 2019. Labour Costs in Germany averaged 98.26 points from 1991 until 2019, reaching an all time high of 116.69 points in the first quarter of 2019 and a record low of 78.67 points in the first quarter of 1991. This page provides the latest reported value for - Germany Labour Costs - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Government Revenues in Germany decreased to 383.95 EUR Billion in the third quarter of 2019 from 396.15 EUR Billion in the second quarter of 2019. Government Revenues in Germany averaged 309.88 EUR Billion from 1991 until 2019, reaching an all time high of 503.44 EUR Billion in the fourth quarter of 1998 and a record low of 206.35 EUR Billion in the first quarter of 2004. Government Revenues refer to all receipts the government gets, including taxes, custom duties, revenue from state-owned enterprises, capital revenues and foreign aid. Government Revenues are part of government budget balance calculation. This page provides - Germany Government Revenues- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Gross Fixed Capital Formation in Germany decreased to 171.19 EUR Billion in the fourth quarter of 2019 from 171.49 EUR Billion in the third quarter of 2019. Gross Fixed Capital Formation in Germany averaged 138.09 EUR Billion from 1991 until 2019, reaching an all time high of 172.16 EUR Billion in the first quarter of 2019 and a record low of 119.05 EUR Billion in the first quarter of 1996. This page provides the latest reported value for - Germany Gross Fixed Capital Formation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Foreign Direct Investment in Germany increased by 13030.45 EUR Million in February of 2020. Foreign Direct Investment in Germany averaged 2544.39 EUR Million from 1971 until 2020, reaching an all time high of 141351.68 EUR Million in February of 2000 and a record low of -32189.54 EUR Million in December of 2000. This page provides the latest reported value for - Germany Foreign Direct Investment - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Long Term Unemployment Rate in Germany decreased to 1.10 percent in the fourth quarter of 2019 from 1.20 percent in the third quarter of 2019. Long Term Unemployment Rate in Germany averaged 3.45 percent from 1992 until 2019, reaching an all time high of 6.30 percent in the fourth quarter of 2004 and a record low of 1.10 percent in the fourth quarter of 2019. In Germany, the long term unemployment rate refers to the share of unemployed persons since 12 months or more in the total number of active persons (those who are either employed or unemployed) in the labour market. This page provides the latest reported value for - Germany Long Term Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Gasoline Prices in Germany decreased to 1.26 USD/Liter in April from 1.40 USD/Liter in March of 2020. Gasoline Prices in Germany averaged 1.57 USD/Liter from 1995 until 2020, reaching an all time high of 2.14 USD/Liter in March of 2013 and a record low of 0.91 USD/Liter in December of 2000. This page provides the latest reported value for - Germany Gasoline Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Germany recorded a Current Account surplus of 7.10 percent of the country's Gross Domestic Product in 2019. Current Account to GDP in Germany averaged 3 percent from 1980 until 2019, reaching an all time high of 8.60 percent in 2015 and a record low of -1.80 percent in 2000. The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Germany Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Disposable Personal Income in Germany increased to 508.45 EUR Billion in the fourth quarter of 2019 from 506.88 EUR Billion in the third quarter of 2019. Disposable Personal Income in Germany averaged 226.59 EUR Billion from 1960 until 2019, reaching an all time high of 508.45 EUR Billion in the fourth quarter of 2019 and a record low of 22.96 EUR Billion in the first quarter of 1960. This page provides the latest reported value for - Germany Total Disposable Income - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Zew Economic Sentiment Index in Germany increased to 28.20 in April from -49.50 in March of 2020. Zew Economic Sentiment Index in Germany averaged 21.05 from 1991 until 2020, reaching an all time high of 89.60 in January of 2000 and a record low of -63.90 in July of 2008. In Germany, the ZEW Economic Sentiment Index measures the level of optimism that analysts have about the expected economic developments over the next 6 months. The survey covers up to 350 financial and economic analysts. The index is constructed as the difference between the percentage share of analysts that are optimistic and the percentage of analysts that are pessimistic about the development of the economy. Therefore, the ZEW indicator measures the confidence on a scale of -100 (all analysts expect the economy to deteriorate) up to 100 (all analysts expect it to improve). A 0 value indicates neutrality. This page provides the latest reported value for - Germany Zew Economic Sentiment Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Retail Sales in Germany decreased 2.80 percent in March of 2020 over the same month in the previous year. Retail Sales YoY in Germany averaged 0.59 percent from 1995 until 2020, reaching an all time high of 9.70 percent in May of 2000 and a record low of -7.90 percent in February of 2009. In Germany, the year-over-year change in Retail sales compares the aggregated sales of retail goods and services during a certain month to the same month a year ago. This page provides the latest reported value for - Germany Retail Sales YoY - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Fiscal Expenditure in Germany increased to 376.86 EUR Billion in the third quarter of 2019 from 371.87 EUR Billion in the second quarter of 2019. Fiscal Expenditure in Germany averaged 320.37 EUR Billion from 1991 until 2019, reaching an all time high of 509.66 EUR Billion in the fourth quarter of 1995 and a record low of 222.14 EUR Billion in the second quarter of 1999. Fiscal expenditure refers to the sum of government expenses, including spending on goods and services, investment and transfer payments like social security and unemployment benefits. Fiscal expenditure are part of government budget balance calculation. This page provides - Germany Fiscal Expenditure- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Retail Sales in Germany decreased 5.60 percent in March of 2020 over the previous month. Retail Sales MoM in Germany averaged 0.04 percent from 1994 until 2020, reaching an all time high of 4.60 percent in December of 2006 and a record low of -6.10 percent in January of 2007. In Germany, the Retail sales report provides an aggregated measure of sales of retail goods and services over a specific time period. In Germany, Retail sales are seasonal, volatile and relatively important to the overall economy. This page provides the latest reported value for - Germany Retail Sales MoM - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Job Vacancies in Germany decreased to 626.42 Thousand in April from 691.14 Thousand in March of 2020. Job Vacancies in Germany averaged 367.70 Thousand from 1950 until 2020, reaching an all time high of 891.70 Thousand in June of 1970 and a record low of 57.80 Thousand in December of 1982. In Germany, Job Vacancies refers to unfilled job openings which are immediately available, and for which active recruitment steps are being taken on the survey reference date. This page provides - Germany Job Vacancies - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Remittances in Germany remained unchanged at -1358 EUR Million in the fourth quarter of 2019 from -1358 EUR Million in the third quarter of 2019. Remittances in Germany averaged -888.29 EUR Million from 1980 until 2019, reaching an all time high of -601 EUR Million in the first quarter of 1991 and a record low of -1358 EUR Million in the first quarter of 2019. In Germany, Remittances refers to net migrants’ and short-term employee income transfers (personal remittances). This page provides - Germany Remittances - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Imports from Germany in China decreased to 7619800 USD THO in April from 8299900 USD THO in March of 2020. Imports from Germany in China averaged 8252355.08 USD THO from 2014 until 2020, reaching an all time high of 13860000 USD THO in February of 2020 and a record low of 4938736 USD THO in February of 2016. This page includes a chart with historical data for China Imports From Germany.

Exports to Germany in China increased to 7752200 USD THO in April from 5654600 USD THO in March of 2020. Exports to Germany in China averaged 6128177.09 USD THO from 2014 until 2020, reaching an all time high of 9624200 USD THO in February of 2020 and a record low of 4032429.60 USD THO in February of 2014. This page includes a chart with historical data for China Exports To Germany.

Exports to Germany in New Zealand increased to 119.72 NZD Million in March from 94.10 NZD Million in February of 2020. Exports to Germany in New Zealand averaged 62.42 NZD Million from 2014 until 2020, reaching an all time high of 119.72 NZD Million in March of 2020 and a record low of 31.77 NZD Million in November of 2014. This page includes a chart with historical data for New Zealand Exports to Germany.

Central Bank Balance Sheet in Germany increased to 1864.10 EUR Billion in March from 1714.70 EUR Billion in February of 2020. Central Bank Balance Sheet in Germany averaged 992.68 EUR Billion from 2007 until 2020, reaching an all time high of 1864.10 EUR Billion in March of 2020 and a record low of 365.50 EUR Billion in February of 2007. This page provides the latest reported value for - Germany Central Bank Balance Sheet - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Factory Orders in Germany decreased 15.60 percent in March of 2020 over the previous month. Factory Orders in Germany averaged 0.33 percent from 1952 until 2020, reaching an all time high of 27.10 percent in June of 1975 and a record low of -15.70 percent in July of 1975. Factory Orders in Germany are reported using monthly changes in the volume of new orders received by manufacturers. Factory Order figures in Germany can be very volatile and misleading because they are heavily affected by geopolitical events, temporary shocks in demand and business deals which may only happen once. This page provides the latest reported value for - Germany Factory Orders - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The stocks of goods held by firms in Germany decreased by 2.70 EUR Billion in the fourth quarter of 2019. Changes in Inventories in Germany averaged 2.86 EUR Billion from 1991 until 2019, reaching an all time high of 11.49 EUR Billion in the second quarter of 2011 and a record low of -10.14 EUR Billion in the third quarter of 2019. In Germany, changes in inventories are often a leading indicator for the overall performance of the economy. This page provides the latest reported value for - Germany Changes in Inventories - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Interbank Rate in Germany increased to -0.25 percent in April from -0.42 percent in March of 2020. Interbank Rate in Germany averaged 4.57 percent from 1965 until 2020, reaching an all time high of 14.57 percent in August of 1973 and a record low of -0.42 percent in September of 2019. In Germany, the interbank rate is the rate of interest charged on short-term loans made between banks. This page provides the latest reported value for - Germany Three Month Interbank Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Cost of food in Germany increased 3.60 percent in March of 2020 over the same month in the previous year. Food Inflation in Germany averaged 1.51 percent from 1992 until 2020, reaching an all time high of 8.22 percent in March of 2008 and a record low of -3.09 percent in October of 2009. This page provides the latest reported value for - Germany Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The benchmark interest rate In the Euro Area was last recorded at 0 percent. Interest Rate in the Euro Area averaged 1.86 percent from 1998 until 2020, reaching an all time high of 4.75 percent in October of 2000 and a record low of 0 percent in March of 2016. This page provides - Germany Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Its posturing as a self-righteous pacifist is unconvincing

Berlin’s property boom is the setting for Cüneyt Kaya’s film

Profits also dented by strikes in France, UK election and Australian bushfires

Patrick Jenkins and guests discuss Germany's concession that could unblock progress towards a eurozone banking union, investor moves against Deutsche Bank chairman Paul Achkleitner, and what's behind the recent spate of personnel changes in investment banking. With special guest Lorenzo Bini Smaghi, chairman of Société Générale.

Contributors: Patrick Jenkins, financial editor, Martin Arnold, Frankfurt bureau chief, Olaf Storbeck, Frankfurt correspondent, Jonathan Guthrie, Lex editor, David Crow, banking editor, and Laura Noonan, US banking editor. Producer: Fiona Symon

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Patrick Jenkins and guests discuss the health of German banks in the wake of bearish comments from Moody's and the Bundesbank, Unicredit's potential share buyback and why European banks appear to be retrenching in the US. With special guest Magdalena Stoklosa head of European banks research at Morgan Stanley.

Contributors: Patrick Jenkins, financial editor, David Crow, banking editor, Olaf Storbeck, Frankfurt correspondent, and Laura Noonan, US banking editor. Producer: Fiona Symon

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Plaintiffs plan fresh challenge against central bank’s emergency bond-buying programme

ECJ issues rare warning over EU legal order after German judges question its superiority

German media group Axel Springer is seeking to go private with the help of US investor KKR. Katie Martin discusses what both sides stand to gain from the move with Arash Massoudi and Tobias Buck.

Contributors: Suzanne Blumsom, executive editor, Katie Martin, capital markets editor, Arash Massoudi, corporate finance and deals editor, and Tobias Buck, Berlin correspondent.

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