The coronavirus pandemic has shown Europe is too reliant on other countries for some medical supplies, and European states should work together to further diversify international supply chains, German Economy Minister Peter Altmaier said in an interview with global media.
The clouds darkened over Europe's slowing economy on Wednesday as the German government slashed its growth forecast and said concerns about a chaotic Brexit and trade tensions were holding back the continent's powerhouse. Germany's Economy Ministry said Wednesday it was cutting its 2018 forecast to 1% from 1.8% in its previous outlook issued last fall.
Germany and Bolivia will join forces for the extraction of lithium, as Europe's largest economy moves to secure supplies for battery-powered vehicles, which are believed to be looming over, the German government announced Wednesday.
The German highest court suspended Friday a parliamentary committee's right to approve urgent actions by the Euro zone's bailout fund, potentially delaying decision-making in Europe's top economy on key moves to tackle the bloc's crisis