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.

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.

German Chancellor Olaf Scholz says Elon Musk’s support for the far-right in Europe is “completely unacceptable.”

German Chancellor Olaf Scholz, a member of the nation’s Social Democratic Party, has raised concerns over President-elect Donald Trump’s moves on border integrity. Scholz, who has been chancellor since 2021,

Elon Musk who supports right-leaning political leaders like Donald Trump has also been vocal about his dissent with left-leaning ones like Germany's Olaf Scholz

The heads of a number of German companies announced their intention to oppose the policies of Economy Minister Robert Habeck and German Chancellor Olaf Scholz with a demand to take measures to restore the country's economy.

The recent political activism of Elon Musk, especially his campaign for the far-right party, the AfD in Germany has incurred a lot of political backlash in Germany, triggering consumers to boycott Tesla automobiles.

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