Browsing Category
Economy / Finance
5749 posts
Logistics Industry Slams Late Energy Tax Cut Stall Until Early May
The logistics sector and the Federation of Taxpayers severely criticized the fact that the temporary reduction of the…
Grimm Slams Relief Plans Citing Energy Crisis Concerns
Financial expert and adviser to high-net-worth individuals, Veronika Grimm, criticized the German government’s relief packages for car owners.…
US Stock Markets Ease Gulf Strait Concerns With Gains
The start of the week saw gains across the US stock exchanges. At the close in New York,…
Flight Attendant Union Announces Two Day Lufthansa Strike
The cabin crew union, UFO, has announced a two-day strike against Lufthansa. According to the union, the strike…
German Stock Market Sees Slight Dip Telekom Under Pressure
The DAX saw slight losses at the start of the week. At the close of trading on Xetra,…
Lufthansa Braces for Airline Strike Stalemate Remains Deep With Unions
No quick resolutions are visible during the ongoing labor disputes at Lufthansa involving the specific unions for pilots…
DAX Drops Amid Profit Reporting Season Fears
The DAX continued trending downwards on Monday, remaining in negative territory even after a sluggish start. Around 12:30…
German Economy Slows Down Amid Middle East Instability
According to the Federal Government’s assessment, the economic momentum across Germany noticeably slowed during the first quarter, a…
Gas Station Association Slams New Fuel Discount Calling It A Short Term Fix
The gas station association believes that the coalition’s measure to lower fuel prices by 17 cents for two…
Dax Dips On US Iran Deal Failure Fueling Market Jitters
The DAX opened its trading session on Monday with losses, following the preliminary failure of negotiations between the…
Driving Costs Soar Fueled By Rising Gas Prices
The average cost of driving has risen considerably recently, mainly due to increased fuel prices. According to the…
German Domestic Tourism Surges Reaching 27 Million Overnights in February 2026
In February 2026, Germany’s accommodation providers recorded 27.7 million overnight stays from both domestic and international visitors. According…
Farm Producer Prices Plunge Notably in February 2026
Year-over-year changes in agricultural producer prices showed that in February 2026, prices were 10.9 percent lower compared to…
Lufthansa Pilot Strike Begins Snarling Air Travel
The two-day strike announced by the pilots’ union, Vereinigung Cockpit (VC), began on Monday morning at Lufthansa. Employees…
Iran Conflict Expected to Keep Electricity And Gas Prices High Says Eon
Filip Thon, the head of Eon Energy Germany responsible for the company’s domestic distribution business, stated that the…
Economist Cremer Demands 30 Percent Guarantee for Low Earners
In the ongoing debate about social state reforms, economist Georg Cremer is calling for changes to how deductions…
Pharmacists Demand Bigger Fee Hike Than Government Plans
During the current debate regarding an upcoming increase in fees for apothecaries, the Federal Association of German Pharmaceutical…
Greens Demand Stricter Scrutiny on Foreign Ownership of Critical German Infrastructure
The Green Party advocates for a significantly stricter regulatory review of acquisitions of companies deemed critical to national…
Land Prices Soar Ten Times Since 2015 in Germany
Over the past decade, the costs of building land in Germany have seen a significant increase, reaching nearly…
Auto Lobby Backs Minister Reiche in Government Policy Battle
The German Association of the Automotive Industry (VDA) is supporting Federal Minister for Economic Affairs, Katherina Reiche (CDU),…
Heilbronn Leads Germany in Purchasing Power According to New Analysis
According to a recent assessment released by the Institute of German Economics (IW), the city of Heilbronn possesses…
German Businesses Slash Cleaning Services Amid Energy Crisis Cutbacks
The ongoing energy and economic crisis is evidently affecting various sectors. According to an internal survey conducted by…
Lufthansa Cockpit Crew To Strike Monday And Tuesday
The Cockpit Union has called for a strike targeting the flight crew of the Lufthansa Group. According to…
Economy Advocates Climate Dividend Over Fuel Price Intervention
Before the federal government debates potential relief measures due to high fuel prices, economist Monika Schnitzer warned against…
Energy Crisis Fuels Call For Direct Payments To Welfare Recipients
Economist Lars Feld advocates for an extra payment to recipients of the basic income benefit, arguing it would…
Mixed US Markets See Oil Prices Drop Sharply
The US stock exchanges showed mixed performance on Friday. By the close in New York, the Dow saw…
Dax Stalls Near Yesterday Levels Investors Remain Cautious
As the trading week concluded, the Dax finished at the same level as the previous day. At the…
Italian Pipeline Sabotage Threatens Fuel Supply Across Southern Germany
An alleged attack on the electricity supply to the Transalpine Pipeline (TAL) in Italy at the end of…
Hamburg Mayor Demands Special Conference Amid Energy Price Crisis
Hamburg’s First Mayor, Peter Tschentscher (SPD), has called for an extraordinary ministerial conference, making him the second state…
Lindner Slams Government Over Lack of Gas Price Relief
Christian Lindner, the former chairman of the FDP and Federal Minister of Finance, criticized the black-red government’s hesitant…
US Inflation Jumps to 3 Percent 3 Marking Sharp Rise
The US Bureau of Labor Statistics reported on Friday that the inflation rate rose to 3.3 percent in…
Finance Ministry Slams Rich Says No Additional Revenue From Energy Hike
The Federal Ministry of Finance anticipates receiving smaller revenue from the value-added tax than the Federal Ministry for…
DAX Climbs Midday Gains Amid Investor Indecision
The DAX index was up at midday on Friday after a somewhat slow start to trading. Around 9:30…
IEA Warns of Diesel Kerosene Shortages Calls for Speed Limits
Fatih Birol, head of the International Energy Agency, expressed concerns about potential shortages of diesel and kerosene across…
Gasoline Price Task Force Awaits Key Findings Next Week
The task force established by the coalition parties to provide relief regarding fuel prices will only receive the…
DAX Starts Cautiously Energy Prices Remain Key Focus
30 AM, marking a slight increase of 0..2 percent from the previous day’s closing level. According to Andreas…
Iran Conflict Expected to Sustain Impact on German Fuel Prices
The head of the “Fuels and Energy Industry Association” Christian Küchen, anticipates that the impact of the Iran…
German Housing Prices Rise 3 Percent in February 2026
The prices for constructing new conventional residential buildings in Germany rose by 3.3 percent in February 2026 compared…
German Inflation Hits 27 Percent March Mark Reaching Higher Level Since Early Last Year
Germany’s inflation rate, measured by the change in the consumer price index (CPI) compared to the previous year,…
Economist Praises Klingbeil Reform Plans Amid Political Praise
Gabriel Felbermayr, an economist and director of the Austrian Institute of Economic Research (WIFO), praised Vice Chancellor Lars…
Economist Calls for European Gas Buying Cartel Amid Price Spikes
Faced with sharply rising procurement costs for natural gas, economist Gabriel Felbermayr is calling for European and Asian…
Economist Advocates Hike to Commuter Allowance
Economist Lars Feld has stated that an increase in the commuter allowance is advisable. Feld told the “Rheinische…
Rehlinger Demands Fuel Price Cap And VAT Cut Before Finance Summit
Ahead of a meeting with business associations and trade unions involving Finance Minister Lars Klingbeil (SPD), Saarländische Ministerpräsidentin…
Nursing Salaries See Significant Gains In Caregiving Fields
Wages for employees in care professions have increased considerably over recent years. This information comes from responses by…
US Markets Fall Oil Prices Jump Amid Mixed Signals
US stock markets gained ground on Thursday. By the close in New York, the Dow Jones stood at…
IG Metall Demands Quick Energy Price Relief Before Finance Minister Meeting
Before meeting with business associations and trade unions to discuss the economic situation stemming from the war in…
Tech Stocks Sink as Dax Drops Amid Profit Pressure
The DAX index dropped significantly on Thursday, closing the trading day at 23,807 points, marking a decline of…
German Homes Remain Out of Reach Despite Price Drops For First-Time Buyers
Despite slightly lower prices, purchasing a home remains largely unaffordable for many first-time buyers in Germany. This is…
EU Backs Efforts to Close Persistent Gender Pay Gap
Women will receive support from the EU in efforts to close the so-called gender pay gap. According to…
Dax Drops Despite Rising Oil Prices
The DAX remained in negative territory throughout the day on Thursday, continuing a weak start into the midday…
German Insolvencies Surge Signaling Deepest Recession Fears
The number of insolvencies for both sole proprietorships and corporations in Germany saw a surprisingly sharp increase in…
Germany’s Anti-Trust Body Predicts Sharp Gas Price Drops After US Iran Truce
Following the oil price drop due to the ceasefire agreement between the United States and Iran, the President…
Dax Opens Below 24000 Points Fragile Peace Lingers
The German DAX started the trading day on Thursday in decline. Around 9:30 AM, the leading index was…
Public Debt Jumps to 2661 Billion Euros Signaling Fiscal Concerns
As of the end of the fourth quarter of 2025, the public total budget was indebted for 2,661.5…
German Manufacturing Output Drops Moderately in February
Germany’s real industrial production in February 2026 fell by 0.3 percent compared to January, after adjusting for seasonality…
German Exports Rise February Shows Strong Trade Performance
German exports in February 2026, when adjusted for calendar and seasonal variations, rose by 3.6 percent compared to…
Truck Traffic Declines On German Highways Last Month
The usage of tolled heavy-duty trucks with at least four axles on federal motorways decreased by 0.3 percent…
German Self-Employed Report Increased Investment Plans for This Year
According to a recent survey from the Ifo Institute, 21 percent of self-employed individuals in Germany plan to…
Craft Trades to Offer Internships for Conscripts
The Central Association of German Crafts (ZDH) is encouraging the integration of practical work experiences within the military…
German Fuel Prices Expected To Remain High Despite Market Dip
Despite recent easing on the oil markets, economic advisor Gabriel Felbermayr expects gasoline prices in Germany to remain…
German Industry Warns Lingering Economic Troubles Despite Ceasefire
Despite a ceasefire in the Iran conflict, the German Chamber of Industry and Commerce (DIHK) has issued warnings…
US Stocks Surge Amid Fragile Iran Ceasefire
US stock markets experienced significant gains on Wednesday. By the close of trading in New York, the Dow…
German Stock Market Rallies Oil and Gas See Price Drops
The DAX gained significantly on Wednesday, closing at 24,081 points on the Xetra exchange. This represents a 5.1…
OMV Chief Predicts Months Of Slow Energy Market Recovery Despite Geopolitical Easing
Alfred Stern, the CEO of the Austrian energy and chemical conglomerate OMV, stated that despite indications of a…
IEA Boss Forecasts Lingering Effects From Iran Conflict Despite Ceasefire Talks
Fatih Birol, the head of the International Energy Agency (IEA), anticipates that the repercussions of the conflict in…
Experts Doubt Quick Gas Price Drops Despite Iran Tensions
Monika Schnitzer, chairwoman of the Expert Council for Assessing Overall Economic Development, does not anticipate that the ceasefire…
Hapag Lloyd Avoids Strait of Hormuz Despite Ceasefire Amid Safety Concerns
Despite the agreement on a two-week ceasefire between the United States and Iran, the shipping company Hapag-Lloyd continues…
Dax Soars Amid Middle East Tensions Easing
The German stock index, the Dax, maintained a strong upward trend on Wednesday afternoon, following an already exuberant…
One in Five German Businesses Feel Negative Impact From Climate Change
Over one in five companies in Germany, or 21 percent, are already being affected by the negative consequences…
DIW President Warns Iran War Truce Isn’t Peace Foresees Economic Risks
Marcel Fratzscher, head of the German Institute for Economic Research (DIW), warned about the possibility of renewed escalation…
Diesel Hits Record High Gasoline Close Following Price Stability Stun
A representative from ADAC told the dts news agency on Wednesday that, a week after entering effect, the…
DAX Surges To New Heights After Middle East Truce
The DAX opened on Wednesday with a significant jump, following the ceasefire in the Iran conflict. The leading…
EU Free Trade Push Could Revitalize Economy Counteracting US Tariffs
The conclusion of ongoing EU free trade negotiations could stimulate the EU’s economy and offset the damaging effects…
German Manufacturing Orders Boosted by 09 Percent in February
The real order intake in the German manufacturing sector rose by 0.9 percent in February 2026 compared to…
German Services Boom Sales Jump Driven by Tech and Transport
According to preliminary figures released by the Federal Statistical Office (Destatis) on Wednesday, the service sector in Germany…
Cartel Authority Investigates Gas Station Price Hiking Violations
The Federal Cartel Office is investigating initial breaches of the new regulation stipulating that gas station operators may…
Economic Expert Warns Against Fuel Price Caps and Increased Commuting Allowances
Michael Hüther, director of the employer-affiliated Institute of the German Economy (IW), advised against implementing price caps on…
US Stock Markets Show Mixed Signals Ahead of Iran Deadline
US stock markets presented a mixed picture on Tuesday. At the close in New York, the Dow was…
Tradesmen Demand Diesel Tax Break Amid Oil Crisis
Jörg Dittrich, President of the Central Association of German Crafts, has called for tax relief on diesel fuel…
Dax Slips Amid Tensions Iran Ultimatum Weighs On Markets
The DAX saw a noticeable decline on Tuesday, closing at 22,922 points, marking a 1.1 percent loss compared…
German Car Registrations Jump Significantly in March
In March 2026, a total of 294,161 new passenger cars were registered in Germany. According to the Federal…
Dax Gains Brighten Investor Mood After Slow Morning
The DAX experienced a slight increase on Tuesday afternoon after a subdued start to the trading day. Around…
German Economy Faces Steep Cuts Amid Iran Crisis Inflation Expected Near Five Percent
According to economist Isabella Weber, Germany faces profound economic difficulties due to the crisis involving Iran. Speaking to…
EU House Prices Climb Again Signal Continued Market Strength
House prices in the EU saw another notable increase recently. According to the EU statistics office, Eurostat, on…
DAX Dips After Easter Traders Eyes Trump Ultimatum
The DAX started the trading day on Tuesday with slight losses. At around 9:30 AM, the main index…
German Municipal Finances Record Historic Deficit Outpacing Revenue Growth
In 2025, the total public budget saw expenses increase by 6.0 percent and revenues rise by 5.2 percent…
German Auto Industry Mood Dims As Business Climate Cools
The business climate within Germany’s automotive sector appeared somewhat dampened during March. According to the Munich-based Ifo Institute,…
Berlin Left Calls For Fuel Subsidies To Aid Small Businesses
Elif Eralp, the leading candidate for the Berlin Left party, is calling for targeted relief measures to offset…
DGB Chair Slams SPD Over Retirement and Working Hours Politics
The chairwoman of the DGB, Yasmin Fahimi, voiced strong criticism regarding the key statements made by Vice Chancellor…
Greens and Left Slam Government Over Fuel Price Crisis Failure
As gasoline prices climb, the political opposition is criticizing the federal government harshly. Ines Schwerdtner, the leader of…
EV Charging Operator Cites Political Inconsistency Hindering Electromobility Future
Jeroen van Tilburg, the head of the charging station operator Ionity, has urged policymakers to create greater reliability…
GKV Chief Predicts Decline in Number of German Health Insurance Providers
Oliver Blatt, the chairman of the GKV-Spitzenverband (the central association for statutory health insurance providers), anticipates a continued…
NRW Landkreistag Warns Over Resistance to New Wind Turbines Demands Law Changes
Olaf Gericke, the president of the North Rhine-Westphalia district council, warned about increasing resistance towards new wind turbines…
Hope for End of War Boosts US Stock Market Gains
US stock markets experienced gains on Easter Monday. By the end of trading in New York, the Dow…
Germany Economy Ministry Weighs Options to Slash High Energy Costs
The Federal Ministry for Economic Affairs appears to have modeled several scenarios for how citizens could be financially…
German Startups Surge Reflecting Strong Growth Trend
Entrepreneurial activity in Germany showed an upturn last year, according to a preliminary analysis from the KfW development…
German Industry Fears Collapse of Key EU US Data Agreement
German economic associations have warned of severe consequences for businesses if the US government undermines the data agreement…
DGB Demands Coalition Talks on Reform Package
The German Trade Union Confederation (DGB) has called for joint discussions with the federal government concerning the planned…
Germany’s Economy Ministry Takes Clear Stance Against State Gas Reserves
The Federal Ministry for Economic Affairs and Climate Action is increasingly adopting a stance against establishing a potential…
German Employers Fear Economic Downturn Looms Large
The majority of German companies anticipate a further downturn in the economy. According to a survey conducted by…