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Economy / Finance
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Healthcare Apprentices Earn Top Pay
Apprentice earnings in Germany vary significantly depending on the chosen profession, with those in health and care roles…
German Exports Face Growing Headwinds
Recent data indicates a cooling in sentiment within Germany’s export-oriented industries. A survey released Tuesday by the Munich-based…
Health Fund Warns of Rising Premiums
Germany’s statutory health insurance system faces potential contribution increases if reforms aren’t implemented, according to Oliver Blatt, head…
Mobile Brothels See Slight Rise in Germany’s Lower Saxony
The number of mobile brothels operating on roads within the German state of Lower Saxony has seen a…
Flix Plans High-Speed Rail to Beat Deutsche Bahn Prices
Munich-based transportation company Flix is poised to challenge Deutsche Bahn’s dominance in the German long-distance rail market with…
Germany Canada Forge Critical Minerals Deal
German Chancellor Friedrich Merz is set to receive Canadian Prime Minister Mark Carney on Tuesday for discussions centered…
Parties Unite to End Insurance Contribution Double Taxation
A cross-party consensus is building in Germany regarding the taxation of direct insurance policies, with both the conservative…
Wall Street Slides After Rate Hike Hopes Fade
US stock markets experienced a pullback on Monday, reversing some of the gains seen following remarks from Federal…
Union Lawmaker Urges Swift Heating System Plan
A leading voice from Germany’s conservative bloc has cautioned against abrupt changes to heating system subsidies, while simultaneously…
German Dax Slides Amid Quiet Trading
European markets experienced a cautious start to the week, with Germany’s DAX index closing at 24,273 points, a…
Commerzbank Nears Deal on Job Cuts
Commerzbank is reportedly nearing an agreement with employee representatives regarding the implementation of its strategic restructuring plan. Management…
German DAX Slides Further Midday Lackluster Ifo Data
German stock index, the DAX, experienced a downturn midday Monday, continuing a trend established earlier in the trading…
UniCredit Boosts Commerzbank Stake Further
UniCredit continues to increase its direct stake in Commerzbank, now holding approximately 26 percent, the Italian banking group…
German DAX Starts Week Lower
European markets experienced a muted start to the week, with Germany’s DAX index opening lower Monday morning. Around…
German Business Confidence Slightly Rises
Recent data indicates a slight improvement in German business sentiment. The ifo Business Climate Index rose to 89.0…
Tesla Expansion in Grünheide Faces Doubt
Expansion plans for Tesla’s Gigafactory in Grünheide, Brandenburg, are facing increasing uncertainty, according to a recent report. While…
Construction Orders Fall Slightly in June
New data released Monday indicates a complex picture for Germany’s construction sector in June 2025. While overall new…
Lufthansa Plans Centralized Airline Control
Lufthansa Group is poised to implement a significant organizational restructuring starting in early next year, according to an…
Tax Professor Slams Government Over Cum-Ex Scandal
A leading German tax expert is urging the new federal government to intensify efforts to combat so-called “cum-cum”…
AI Could Boost Productivity With Fewer Workers
Germany’s leading economic advisor, Monika Schnitzer, believes artificial intelligence presents significant opportunities for economic growth and potential wage…
German Economic Advisor Criticizes Government Spending Plans
Germany’s leading economic advisor, Monika Schnitzer, has publicly critiqued the current coalition government’s budgetary and economic policies, voicing…
Benefits Cuts Proposed for Jobless Germans
Leading figures within the CDU/CSU and SPD are signaling a potential shift in approach to Germany’s “Bürgergeld” –…
Rural Trades Furious At Government Promises Unfulfilled
A promised turnaround in economic sentiment by summer, as suggested by Chancellor Friedrich Merz, appears not to have…
Rural Tradesmen Angry at Government Promises Unfulfilled
Germany’s skilled trades sector is reporting a lack of discernible improvement in economic sentiment despite pre-summer pledges from…
Germany’s refugee distribution aids integration experts say
A recent assessment of the integration of refugees who arrived in Germany during the 2015 influx suggests a…
FlixBoss Rules Out Leading German Rail
Andre Schwämmlein, co-founder and CEO of mobility provider Flix, has stated he will not be pursuing the position…
Farmers Fear EU-US Trade Deal Impact
European farming organizations have voiced concerns regarding the potential ramifications of a recently proposed trade deal between the…
Powell Signals Rate Cuts Boosting US Stocks
U.S. equity markets experienced significant gains Friday, with the Dow Jones Industrial Average closing at 45,632 points, representing…
German DAX Gains Commerzbank Lags Behind
European markets experienced a positive close to the week, with Germany’s DAX index finishing at 24,363 points –…
German Economy Shrinks More Than Expected
Germany’s Gross Domestic Product (GDP) decreased by 0.3 percent in the second quarter of 2025 compared to the…
German Economy Faces Stagnation This Year
Following a sharper-than-initially-estimated contraction in the German economy during the second quarter, economic advisor Veronika Grimm has expressed…
Germany Well Prepared For Winter Gas Supply
Germany appears well-prepared for the upcoming winter gas supply, according to Timm Kehler, Managing Director of the German…
Foreign Workers Boost Cologne Job Numbers
The number of foreign nationals employed in Germany continues to rise, with approximately seven million foreign workers contributing…
German DAX Rebounds Slightly Amid Caution
Equities on the DAX index experienced a muted trading day Friday, shifting into positive territory by midday after…
Union Plan To End Phone Sick Days Faces Union Fury
Germany’s leading trade union confederation, the DGB, has strongly criticized proposals from CDU General Secretary Carsten Linnemann regarding…
German Stocks Fall Ahead of Jackson Hole Speech
European stock markets exhibited modest declines in early trading Friday, with the DAX opening with a loss of…
German Housing Confidence Surges in July
Sentiment within the German housing sector showed marked improvement in July, according to data released Friday by the…
German Minister Pushes For AI Computing Boost
Germany is seeking to bolster its capacity in artificial intelligence, with Digital Minister Karsten Wildberger emphasizing the need…
Employers Escalate Criticism Of Wage Law
German employer associations are intensifying their criticism of the proposed “Tariff Adherence Act” with Steffen Kampeter, Managing Director…
Wall Street Slides Fed Cools Rate Cut Hopes
US stock markets experienced a downturn on Thursday. At the close of trading in New York, the Dow…
German DAX Waits Ahead of Central Bank Meeting
European markets exhibited a cautious start to the trading day Thursday, with the Dax opening largely unchanged. Around…
Germany Splits on Carbon Capture for Gas Plants
A developing disagreement within the German federal government centers on the potential deployment of carbon capture and storage…
German Trade Hopes Lift Shares Slightly
European markets experienced modest gains on Thursday, with the DAX closing at 24,293 points, a rise of 0.1…
No Charges Filed Against Former Prosecutor in Cum-Ex Scandal
Following a comprehensive review of a criminal complaint, German prosecutors have decided against launching a formal investigation into…
Wildberger’s Deregulation Drive Gets Thumbs Up
Germany’s National Regulatory Control Council (NKR) has offered a positive assessment of Digital Minister Karsten Wildberger’s initiative to…
Greens Oppose Restaurant Tax Cut
Germany’s Green Party has voiced sharp criticism of the government’s proposed reduction in value-added tax (VAT) on food…
US and EU Announce New Trade Framework
The European Union and the United States have released a joint statement outlining a framework for future transatlantic…
German DAX dips as investors await cues
The German DAX index experienced a shift into negative territory by midday Thursday, following a cautious open. Around…
Employers Rarely Highlight Family-Friendly Policies
A recent study by the Bertelsmann Foundation indicates that German employers infrequently highlight family-friendly policies in their job…
Sick Pay Costs German Firms Over 82 Billion Euros
German employers shouldered approximately 82 billion euros in costs related to employee sick leave in 2024, a figure…
Tesla Evacuates Staff After Battery Cell Fire
Production at Tesla’s Gigafactory in Grünheide, Germany was temporarily disrupted Monday following a fire incident within a battery…
Ottobock Eyes Billion-Euro IPO Soon
Ottobock, a leading prosthetic manufacturer, is reportedly preparing for an initial public offering (IPO) on the German stock…
German Towns See Record Business Tax Revenue
German municipalities achieved a record high in trade tax revenue in 2024, totaling approximately 75.3 billion euros, according…
German Firms Face Growing Skills Shortage
A recent economic survey published Thursday indicates that the shortage of skilled labor is intensifying for businesses across…
German Tax Revenue Continues to Rise
German tax revenues continued to rise in July, although at a slower pace than observed in previous months.…
Nasdaq dips US markets mixed
US equity markets presented a mixed performance Wednesday, with the Dow Jones Industrial Average closing at 44,938, a…
Factory Prices Fall Slightly In July
German producer prices for industrial products decreased by 1.5 percent in July 2025 compared to the same month…
German Hospitality Revenue Dips in First Half of 2025
Germany’s hospitality sector experienced a downturn in revenue during the first half of 2025, according to data released…
German Economy Reliant on Red Sea Trade Route
Approximately ten percent of all imports to Germany arrive by sea via the Red Sea – encompassing the…
German Stocks Fall Oil Prices Jump
European markets experienced a moderate downturn on Wednesday, with the DAX closing at 24,277 points, a decrease of…
Porsche Scales Back Battery Unit Workforce
Porsche is reportedly planning significant restructuring of its battery subsidiary, Cellforce Group, potentially leading to the dismissal of…
German DAX Slides Investors Eye Clues
European stocks exhibited cautious trading activity mid-Wednesday, with Germany’s DAX index experiencing a slight downturn. By approximately 12:30…
German Stocks Dip Ahead of Jackson Hole Speech
European stock markets opened Wednesday with modest declines, as the DAX, Germany’s leading stock index, began the day…
German Exports Dip Slightly in First Half of 2025
Germany’s exports totaled €786.0 billion in the first half of 2025, a decrease of 0.1 percent compared to…
UK Inflation Surges To 3.8 Percent
The pace of consumer price increases in the United Kingdom accelerated recently, according to data released Wednesday by…
Nasdaq Leads US Market Dip
US equity markets presented a mixed performance Tuesday, with the Dow Jones Industrial Average closing at 44,922 points…
German Soybean Farms See Acreage Surge
Germany is witnessing a significant shift in agricultural practices, driven by increasingly frequent periods of drought and a…
German Stocks Flat No Peace Breakthrough
European markets exhibited cautious trading activity Tuesday morning, with the DAX maintaining a relatively stable position. Around 9:30…
German stocks surge Rheinmetall lags
Germany’s DAX index closed Tuesday with gains, reaching 24,423 points – a 0.5 percent increase from the previous…
German DAX Rises Midday Equity Stories Drive Gains
Germany’s benchmark DAX index experienced a shift in trading on Tuesday, moving into positive territory by midday despite…
Average Grain Harvest Expected This Year
Germany’s agricultural sector anticipates an average grain harvest in 2025, according to recent assessments by the German Farmers’…
Self-Employed Fear Retirement Security
A new study from the Ifo Institute reveals a significant level of uncertainty among Germany’s self-employed and micro-entrepreneurs…
German Factory Orders Stall in June
German manufacturing orders remained stable in June 2025, according to data released Tuesday by the Federal Statistical Office…
German Grain Quality Falls Amid Weather Woes
Fluctuating weather patterns, characterized by a dry spring followed by a wet summer, are reportedly impacting the quality…
Germany Faces Chemical and Pharma Supply Chain Disruptions
Germany’s chemical industry association (VCI) has cautioned that escalating global conflicts could potentially disrupt the country’s access to…
Coalition Deal Must Hold Says Minister Amid Tax Debate
A debate regarding potential tax increases for high-income earners and wealthy individuals is unfolding within the German federal…
Union Leader Calls For Nationalizing Key Utilities
The head of the German Civil Service Federation (dbbf), Volker Geyer, has rejected calls for restraint in public…
Solar Industry Faces Insolvencies Job Losses
The head of the German Federal Association of Solar Crafts is cautioning that the potential removal of feed-in…
US Investors Wait and See Ahead of Ukraine Talks
US equity markets exhibited limited movement Monday, concluding the trading day with modest adjustments. The Dow Jones Industrial…
Dax Slides as Peace Hopes Fade
European markets experienced moderate declines at the start of the week, with the DAX closing at 24,314 points,…
EU AI Factory Plan Faces Industry Skepticism
Growing concerns are emerging within the technology sector regarding the European Union’s plan for large-scale artificial intelligence data…
German Rail Punctuality Hits New Low
Deutsche Bahn reports a further decline in punctuality for July 2025. Just 59.4 percent of long-distance travelers reached…
Startup Struggles Vary Across Germany
A recent survey of German tech startups reveals a nuanced picture of the current economic landscape, with experiences…
German DAX Slides Lower Amid Weak Trading
European stock markets experienced a subdued trading session Monday, with Germany’s DAX index remaining in negative territory by…
Experts Predict Inflation Will Stay High
Global inflation is expected to remain persistently elevated in the coming years, according to a recent survey conducted…
German Stocks Dip Trump-Ukraine Talks Loom
European stock markets experienced a slightly subdued start to the week, with the DAX opening lower on Monday…
German Construction Permits Rise in First Half
Recent data from the Federal Statistical Office (Destatis) indicates a positive trend in German construction activity. In June,…
German Apple Harvest Expected To Hit Record High
German fruit growers are anticipating a significantly above-average apple harvest in 2025, projecting approximately 1.009 million tonnes. This…
Chinese Hybrid Car Exports Surge in Europe
European markets are witnessing a significant surge in plug-in hybrid vehicle (PHEV) imports from China during the first…
Austrian Rail Boss Dismisses DB Night Train Revival
The head of long-distance travel for Austrian Federal Railways (ÖBB), Kurt Bauer, has advised Deutsche Bahn (DB) against…
German Banks Urge Faster Digital Wallet Rollout
Germany’s banking association is urging accelerated progress on the nation’s planned digital wallet initiative, cautioning against repeating shortcomings…
German Electricity Costs Vary Widely By Region
A new analysis reveals significant disparities in electricity costs across Germany, with consumers in some regions paying considerably…
German Power Prices Vary Widely By Region
Significant disparities in electricity costs are impacting consumers across Germany, with prices varying considerably between federal states, according…
German Pharmacies Demand Action on Foreign Discount Drugs
The president of the German Pharmaceutical Association (ABDA), Thomas Preis, has called on Federal Health Minister Nina Warken…
DeepL reportedly explores potential IPO
Artificial intelligence translation company DeepL has parted ways with its Chief Financial Officer, Markus Harder, according to sources…
German Leaders Demand Reforms To End Economic Crisis
Leading business executives and prominent economists are voicing concerns that Germany risks prolonged economic stagnation without significant structural…
SPD Pushes For Tax Relief For Middle Class Families
A key figure within Germany’s Social Democratic Party (SPD) is continuing to advocate for income tax reform focused…
German Economic Slowdown Hits IT Jobs
A recent study by the Cologne Institute for Economic Research (IW) indicates a growing impact of Germany’s subdued…
US Tariffs Won’t Lower German Coffee Prices
Analysts predict German coffee consumers will not see price reductions despite recently imposed U.S. tariffs on Brazilian coffee.…
Wizz Air Boosts German Flights By 30 Percent
Wizz Air, one of Europe’s largest low-cost airlines, is significantly expanding its operations within Germany. The airline intends…