• German chancellor Merkel says too much leniency doesn't help as positive examples of Ireland and Spain show

Market news

14 August 2017

German chancellor Merkel says too much leniency doesn't help as positive examples of Ireland and Spain show

  • Says german car industry has to recognise that times are changing, otherwise foreign competitors will build e-cars

  • We have to ensure that not the wrong side ends up paying bill of emissions scandal

  • Will meet representatives from municipalities with high nox emissions before election

European stocks closed: FTSE 100 +43.93 7353.89 +0.60% DAX +151.06 12165.12 +1.26% CAC 40 +60.75 5121.67 +1.20%
Dollar rises 1 percent vs Swiss franc, touches session high of 0.9715 franc
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