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  Bloomberg Chancellor Angela Merkel’s government is working on targets to cut pollution on Germany’s roads that may effectively force carmakers to switch most of their sales to electric vehicles by the end of the next decade. Merkel’s chancellery is reviewing a draft of her coalition’s Climate Protection Plan 2050, which would require fossil-fuel emissions cuts of 45% for cars ...

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German unemployment declined before Britain’s shock leave vote

  Bloomberg German unemployment extended its decline in June, signaling economic growth remained robust before Britons unexpectedly voted to exit the European Union. The number of people out of work fell by a seasonally adjusted 6,000 to 2.69 million, data from the Federal Labour Agency in Nuremberg showed on Thursday. German companies shrugged off the risk of the U.K. quitting ...

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Hollande bullish on French economy

  PARIS / AFP President Francois Hollande said he expected the French economy to perform better than expected this year and add at least 200,000 new jobs, as the deeply unpopular leader shifts into campaign mode ahead of next year’s elections. In an interview published Wednesday on the website of Les Echos daily, the Socialist president also repeated a promise ...

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