Economics
Deutsche Bank Troubles Dent Europe’s Economic Engine
- Beleaguered companies damage Germany’s role as European anchor
- Corporate blow comes at key moment for nation and for region
Deutsche Gives Germany's Economy a Further Thumping
This article is for subscribers only.
Germany is taking a battering just as the region needs Europe’s economic and political powerhouse the most.
With Deutsche Bank AG and Volkswagen AG facing multi-billion-dollar bills in the U.S. for bad behavior, they risk undermining an economy that is one of the few centers of global growth. The transatlantic tussles coincide with Chancellor Angela Merkel’s dimmed political fortunes, as an anti-immigration party to her right siphons off voters.