German economic growth to be hit by Ukraine crisis, Ifo head says

(Reuters) - German economic growth will shrink towards zero in the second quarter due to the Ukraine crisis and the tough new economic sanctions imposed on Russia from 0.8 percent in the first quarter, the head of Germany's Ifo institute said on Saturday.

Bundesbank Cuts Prices Forecast as ECB Fights Low Inflation

The Bundesbank cut its inflation forecast for Germany this year, reflecting the euro area’s battle with subdued price pressures.

German Economy Strengthens as Industry Survey Beats Estimate

German manufacturing and services strengthened more than economists forecast this month, adding to signs that the euro area’s largest economy is underpinning the region’s recovery.

German economy may stagnate as crisis drags on powerhouse

The German economy could grind to a standstill by the end of the year amid the combined impact of the debt crisis and the global slowdown, the Bundesbank has warned.

Draghi to Explain ECB Strategy to German Parliament

FRANKFURT—European Central Bank President Mario Draghi offered to appear before Germany's parliament to explain the bank's new bond-buying strategy, his latest attempt to convince skeptical Germans that the ECB's open-ended commitment to purchase bonds of Spain and other struggling euro countries is necessary to help resolve Europe's debt crisis.

ECB plan pushes euro to two-month high against dollar

The euro has strengthened to a two-month high against the US dollar, as the European Central Bank's bond-buying plans continued to please the markets.

Euro architect Otmar Issing: Some members could leave

Some members of the eurozone may have to leave the bloc as the debt crisis continues, according to one of the architects of the euro.