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France private sector returns to growth at fastest rate in 25 months, PMI shows

France private sector returns to growth at fastest rate in 25 months, PMI shows

PARIS, Sept 23 (Reuters) - France's private sector grew in September at its fastest pace in just over two years, driven by a rebound in services demand, a business survey showed on Wednesday.
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German inflation to stay high, growth has slowed, Bundesbank says

German inflation to stay high, growth has slowed, Bundesbank says

FRANKFURT, Sept 21 (Reuters) - Inflation in Germany is set to remain elevated for some time due to higher energy costs linked to the Iran conflict and healthcare reforms due next year, the Bundesbank said on Monday.
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Porsche's decline from crown jewel to millstone for parent Volkswagen

Porsche's decline from crown jewel to millstone for parent Volkswagen

By Rachel More, Christoph Steitz and Christina Amann BERLIN/FRANKFURT, Sept 21 (Reuters) - Long Volkswagen's most reliable profit driver, luxury sports car maker Porsche has become its biggest problem, creating a road bump for CEO Oliver Blume's restructuring plans at Europe's biggest carmaker.
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Volkswagen to ramp up restructuring after profit warning

Volkswagen to ramp up restructuring after profit warning

By Christoph Steitz and Rachel More FRANKFURT/BERLIN, Sept 21 (Reuters) - Volkswagen will ramp up its restructuring programme, the head of its core brand said on Monday as German auto workers staged nationwide protests less than three days after the company's profit warning highlighted sectoral
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German Leader Stands Firm After Party's State Election Losses

German Leader Stands Firm After Party's State Election Losses

Friedrich Merz, Germany's leader, is maintaining his position despite significant losses for his Christian Democratic Union (CDU) party in recent state elections. The CDU experienced its worst result since World War II in Mecklenburg-Western Pomerania and Berlin. In Mecklenburg-Western Pomerania, the party received only 4.9% of the vote, falling below the threshold for parliamentary representation. In Berlin, the far-left Die Linke secured the most votes with 25.7%, while the far-right Alternative for Germany (AfD) made considerable gains in both states. Merz acknowledged the results as a 'disaster' for the political center but affirmed his commitment to his federal agenda of tax and welfare reforms, which he describes as an 'antidote to the poison of authoritarianism.'
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German auto workers stage protests as Volkswagen profit warning rocks sector

German auto workers stage protests as Volkswagen profit warning rocks sector

FRANKFURT, Sept 21 (Reuters) - German auto workers staged nationwide protests on Monday, less than three days after a shock profit warning by Europe's biggest auto maker Volkswagen highlighted the sector's unprecedented challenges from high costs and fierce Asian rivals.
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Amateur archaeologist finds Germany’s biggest hoard of ancient Roman silver coins

Amateur archaeologist finds Germany’s biggest hoard of ancient Roman silver coins

An amateur archaeologist has discovered a significant hoard of Roman silver coins in western Germany
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Exclusive-Lithuania plans key substation near Russia, fortified against explosive drones

Exclusive-Lithuania plans key substation near Russia, fortified against explosive drones

By Andrius Sytas and Marek Strzelecki VILNIUS/WARSAW, Sept 22 (Reuters) - Lithuania is planning defences against military drones at a key future power grid substation linking the Baltic states with western Europe in an area that intelligence sources say Russia could target with a false flag attack.
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Exit polls show Merz’s party suffering heavy losses in 2 German state elections

Exit polls show Merz’s party suffering heavy losses in 2 German state elections

Exit polls show Chancellor Friedrich Merz's party suffering heavy losses in two German state elections
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Merz vows to press ahead with reforms after historic state election defeat

Merz vows to press ahead with reforms after historic state election defeat

German Chancellor Friedrich Merz plans to stay in office despite his party's losses in two state elections
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Far-right tops another German state vote as Merz routed in worst result since 1949

Far-right tops another German state vote as Merz routed in worst result since 1949

By Oliver Denzer and Max Schwarz SCHWERIN, Germany, Sept 20 (Reuters) - The Alternative for Germany (AfD) took first place in state elections in northeastern Germany on Sunday, exit polls showed, delivering a "disaster" for Chancellor Friedrich Merz, who vowed to push ahead with his reform agenda.
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AfD leads as Merz rues 'disaster' in worst state election result in postwar Germany

AfD leads as Merz rues 'disaster' in worst state election result in postwar Germany

By Oliver Denzer and James Mackenzie SCHWERIN/BERLIN, Germany, Sept 20 (Reuters) - The far-right Alternative for Germany (AfD) took first place in state elections in northeastern Germany on Sunday, voting projections showed, delivering the worst result for Chancellor Friedrich Merz's mainstream