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Economy / Finance
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EU Targets US Industries Over Tariff Dispute
The European Commission is preparing a comprehensive list of potential tariffs on US imports should negotiations with the…
Germany France Unite to Boost Startups
European finance ministers from Germany and France are collaborating to bolster conditions for entrepreneurs and foster the growth…
Stocks Slide Amid Inflation Fears
The German stock index, the DAX, experienced a decline on Tuesday, closing at 24,060 points. This represents a…
Holzmann Urges Tighter Eurozone Policy
As his term on the European Central Bank (ECB) Council draws to a close, Austrian Nationalbank Governor Robert…
Saarland Cheapest Gas Again
Fuel prices across Germany continue to vary significantly by region, with the Saarland again emerging as the most…
US Inflation Climbs to 2.7 Percent
The annual inflation rate in the United States has recently demonstrated a noticeable increase. Data released Tuesday by…
VW Plans China-Focused EVs and Unified Software
Volkswagen is accelerating its efforts to increase local capabilities and control within the Chinese market, according to comments…
Farm Groups Fear Losses After Wage Ruling
A legal review commissioned by the Ministry of Agriculture has determined that exemptions from minimum wage laws for…
Dax Rises Analysts Bullish
The DAX index maintained a positive trajectory on Tuesday, building on an encouraging start to the trading day…
German Economic Outlook Brightens
The Center for European Economic Research (ZEW) reported a continued recovery in German economic sentiment for July 2025,…
Hessen Rejects EU Market Watchdog Shift
The state government of Hesse is voicing opposition to European Union proposals that would transfer oversight of the…
Dax Rises Ahead of Key Data
The German stock market opened Tuesday morning with a positive trend. By 9:30 am local time, the benchmark…
Battery Storage Costs Ruling Sparks Debate
The Federal Court of Justice (BGH) in Karlsruhe has overturned a previous ruling, affirming the authority of the…
Overseas Flights Surge in Price
Data released Tuesday by the Statistical Federal Office (Destatis) indicates a rise in the cost of international air…
Wholesale Confidence Brightens
Business confidence in the German wholesale sector, dealing in raw materials, intermediate products, machinery and equipment, saw a…
EU Considers Tariffs on Temu for Revenue
the implementation of tariffs on goods imported from China, particularly through online retail platforms.. Speaking to the Mediengruppe…
Germany Presses US Trade Pressure
Franziska Brantner, leader of the Green Party, has urged Chancellor Friedrich Merz of the Christian Democratic Union (CDU)…
Stocks Pause Amid Tariff Concerns
US markets displayed a cautious performance on Monday, exhibiting a degree of resilience following recent trade-related announcements. The…
Business Groups Urge Pension Plan Halt
Employer associations are voicing strong criticism of the German government’s proposed pension reforms. Rainer Dulger, President of the…
Merz Plan Sparks Outcry Over Welfare Rent Caps
A proposal by Christian Democratic Union (CDU) leader Friedrich Merz to cap rental costs for individuals receiving citizen’s…
Stocks Slip Amid Tariff Watch
The DAX index experienced a decline at the start of the trading week, closing at 24,160 points –…
Oetker Buys German Baking Specialist Kathi
The Oetker Group has announced an agreement to acquire Kathi, a manufacturer specializing in baking mixes and flour…
EU Fights Back Against US Tariffs
The European Union is preparing retaliatory measures in response to the United States’ announcement of impending tariffs on…
New Economist Joins German Ministry
The German Ministry for Economic Affairs and Climate Action is undergoing a significant restructuring of its leadership, with…
Commerzbank Defends Independence Amid Unicredit Stake
The recent increase in UniCredit’s stake in Commerzbank to 20 percent appears to be having no immediate impact…
Dax Struggles Below 24000
The German DAX index remained in negative territory throughout Monday, failing to recover from a lackluster opening to…
Skills Shortage to Surge by 2028
A new study released Monday by the Institute for Economic Research (IW) projects a significant widening of the…
German Firms Exit X
A recent survey by the Bitkom, the German IT industry association, reveals a significant shift in the engagement…
Stocks Slip After Trump Tariff Threat
30 am.. This represented a decrease of 0.9 percent compared to the closing level observed on Friday. Among…
Minimum Wage Hike Could Impact Millions of Jobs
A significant portion of the German workforce is projected to be affected by planned increases to the statutory…
Farm Prices Surge in May
Agricultural producer prices rose by 2.4 percent in May 2025 compared to the same month of the previous…
Economist Urges Tough Stance Against Trump
The ongoing dispute between the European Union and the United States is intensifying, with discussions centering on potential…
Tax Simplicity Now Demanded
The German Tax Union (DSTG) is advocating for significant simplifications in the process of filing individual tax returns.…
Tech Giants Urge AI Rule Overhaul
Leading European corporations SAP and Siemens are calling for a fundamental overhaul of the European Union’s artificial intelligence…
Germany Backs EU Counter Tariffs Against US
Following a recent announcement by US President Donald Trump regarding the imposition of a 30% tariff on EU…
Steelworkers Agree on Turnaround Plan
A significant agreement has been reached between Thyssenkrupp Steel Europe and the IG Metall trade union, outlining a…
EU Indonesia Seal Landmark Trade Deal
A significant political agreement has been reached between the European Union and Indonesia regarding a Comprehensive Economic Partnership…
Businesses Should Know Reserve Soldier Status
Germany’s leading industry association, the DIHK (Deutscher Industrie- und Handelskammer), is advocating for businesses to be informed about…
Business Leaders Push Longer Workweek
The President of the German Chamber of Industry and Commerce (DIHK), Peter Adrian, has advocated for the elimination…
Greens Accuse Merz Fossil Nostalgia
Seventy days into the tenure of Friedrich Merz, leading figures within the Green Party are delivering a critical…
Trump May Reverse EU Tariffs
Economists are anticipating that US President Donald Trump’s threat of a 30% tariff on EU goods, set to…
Trade Deal Hope Remains Amid Trump Tariffs
European Commission President Ursula von der Leyen expressed continued optimism regarding a resolution to the escalating trade conflict…
Trump Unleashes Trade War EU Trembles
The United States is set to impose tariffs of 30 percent on imports from the European Union, effective…
Greens Demand Corporate Seizure Climate Fight
A prominent figure within Germany’s Green Youth movement is advocating for the nationalization of several major corporations as…
Military Surge Massive Arms Race Imminent
The German Armed Forces procurement agency is proactively preparing for the material requirements associated with planned personnel increases…
Union Demands Total Work Hour Tracking
A divergence in opinion is emerging between the German federal government and labor unions regarding upcoming legislation concerning…
Drug Prices About To Explode
European pharmaceutical manufacturers are voicing concerns over the potential imposition of significant tariffs on drugs exported to the…
Power Grid Collapse Looms
Germany’s largest grid operator, Tennet, is cautioning against potential delays in the construction of crucial power lines, highlighting…
Trump’s Trade War Threat Shakes Markets
US stock markets experienced a downturn on Friday, concluding the trading day with losses across major indices. The…
Stocks Plunge Oil Soars
The German stock market benchmark, the DAX, experienced a downturn at the close of trading on Friday, settling…
Port Workers Strike Averted Historic Deal Reached
A swift resolution has been reached in wage negotiations for approximately 11,000 employees at German seaports, marking the…
Dax Falls Sharply At Noon
The German stock market benchmark, the DAX, continued its downward trend on Friday, extending losses from a subdued…
Volkswagen Shuts Nanjing Plant
Volkswagen and its Chinese partner, SAIC, are reportedly planning to close their joint venture plant in Nanjing, located…
Germany Approves Investment Boost
The German Federal Council (Bundesrat) unanimously approved a growth stimulus package previously passed by the Bundestag on Friday.…
Europe’s New Construction Plunges
Construction of new homes across Europe is projected to decline in 2025, reaching 1.46 million units, a decrease…
Stocks Fall Amid Canada Tariff Concerns
Trading commenced on Friday with a weaker performance for the German DAX index. By 9:30 AM, the benchmark…
Wholesale Prices Edge Up
Wholesale prices in Germany increased in June 2025, marking a continued upward trend compared to the previous year.…
German Insolvency Applications Rise
Preliminary data released by the German Federal Statistical Office (Destatis) indicates a discernible shift in the nation’s insolvency…
Stocks Mixed Amid Trump Tariffs
US equity markets presented a mixed performance on Thursday, closing with varied outcomes for key indices. The Dow…
Stocks Dip Investors Eye Washington
The German stock market benchmark, the DAX, experienced a decline on Thursday, closing at 24,451 points. This represented…
Job Seekers Gain Negotiating Power
A recent survey conducted by the Ifo Institute in Munich and staffing agency Randstad suggests a notable shift…
Solar Installations Decline in Germany
The rate of residential solar panel installations in Germany has significantly slowed this year compared to previous periods.…
Emirates to Accept Cryptocurrency
Emirates, one of the world’s largest airlines, has announced a strategic partnership with cryptocurrency exchange Crypto.com, signaling a…
German Banks See Rising Crypto Interest
German savings banks, Sparkassen, are responding to growing customer demand by planning to integrate cryptocurrency trading and custody…
Dax Holds Gains Near Record High
The German DAX index experienced a mixed performance Thursday, initially building on a positive start to trading but…
MHP Announces Job Cuts
MHP, the Porsche subsidiary specializing in IT consulting, is implementing workforce reductions as part of a broader company…
German DAX Firms Issue Detailed Forecasts
Despite the challenging economic climate and uncertainties stemming from US trade policies announced by former President Donald Trump,…
German Rail Extends Renovation to 2036
Deutsche Bahn, Germany’s national railway company, has announced an extension to the timeline for the comprehensive renovation of…
DAX Opens Higher Investors Eye Earnings
30 am.. This represents a gain of 0.3 percent compared to the closing level of the previous trading…
German Inflation Remains at 2.0 Percent
The Statistical Federal Office (Destatis) has confirmed the inflation rate for June 2025 at 2.0 percent, a figure…
Southern Aegean Faces Tourism Strain
A new analysis of Eurostat data, released by the German Federal Statistical Office (Destatis), highlights significant disparities in…
German Homebuilding Costs Rise
Construction costs for newly built conventional residential buildings in Germany rose by 3.2 percent in May 2025 compared…
Tourism Sector Sees Limited Summer Heat Boost
The German hospitality sector is experiencing a modest improvement in sentiment as the peak travel season begins, but…
US-EU Trade Talks Get Extension
The German Chamber of Industry and Commerce (DIHK) has welcomed the extension of the negotiation timeline for a…
Sozialbeiträge May Surge
A leading economic advisor has cautioned that social security contributions in Germany could rise to as much as…
Construction Sector Blasts Coalition Delay
The construction industry association, HDB, has voiced sharp criticism regarding the perceived sluggish allocation of funds from the…
US Stocks Rise Fed Signals Caution
US equity markets saw gains on Wednesday, fueled by a generally positive trading session. The Dow Jones Industrial…
DAX Hits Record High
The German stock market experienced a significant surge on Wednesday, with the DAX index closing at 24,550 points,…
Volkswagen Extends China Chief’s Contract
Volkswagen has reportedly extended the contract of its China head, Ralf Brandstätter, by three years. The business daily…
Germany Presses EU Action Against X
Concerns are mounting regarding the social media platform X, formerly Twitter, following reports that its AI chatbot, Grok,…
German Antirust Fines Top 26 Million
The German Federal Cartel Office (Bundeskartellamt) levied fines totaling approximately €26 million against six companies and one individual…
Diesel Prices Surge Amid Rising Oil
Drivers across Germany are facing higher prices at the pump, with both gasoline and diesel costs rising over…
Half of Households Hold Over 100000 Euros
A new study released this week by the Institute for Economic Research (IW) reveals a significant correlation between…
Dax Reaches Record High
The German stock market benchmark, the DAX, continued its upward trajectory on Wednesday, building upon a positive start…
Verdi Calls Newspaper Strike
Journalists across Germany are preparing for multiple days of walkouts as union Verdi escalates its dispute with the…
DAX Rises Eyes Record High
The Dax index opened the trading day on Wednesday in positive territory. By 9:30 AM, the benchmark index…
SAP Flags AI Factory Concerns
The CEO of SAP, Christian Klein, has expressed reservations regarding the European Union’s plans for the construction of…
Truck Toll Usage Declines
Data released this week indicates a slight decrease in the distance traveled by toll-paying trucks with a minimum…
Tax Relief Misses Target Dampens Outlook
New calculations from the Ifo Institute reveal that excluding private households and parts of the business sector from…
ECB Hints at July Rate Pause
A leading voice within the European Central Bank (ECB) is suggesting a potential pause in interest rate cuts.…
German Auto Industry Seeks SME Focus on Energy Pricing
German automotive industry leaders are urging policymakers to ensure that small and medium-sized enterprises (SMEs) are not overlooked…
Power Price Concerns Grow
Concerns are emerging within the energy sector regarding the potential for market distortions arising from the proposed industrial…
German Winegrowers Fear Slope Vineyard Decline
German wine producers are expressing increasing concern over the viability of cultivating vineyards in steep-slope regions following the…
Germany Dismisses Digital Tax Proposal
The German Federal Minister for Economic Affairs, Katherina Reiche (CDU), has voiced opposition to a proposed digital tax…
Stocks Waver Trump Boosts Copper
US equity markets displayed cautious trading on Tuesday, concluding with mixed performance. The Dow Jones Industrial Average settled…
Stocks Rise Amid Tariff Concerns
The DAX index saw a positive performance on Tuesday, closing at 24,206 points – a 0.6 percent increase…
Economists Warn of Investment Delay
A new study from the Institute for Economic Research (IW), a research body closely aligned with employers, is…
Daimler Truck to Cut Thousands of Jobs
Daimler Truck, a leading manufacturer of commercial vehicles, announced plans to reduce approximately 5,000 positions in Germany by…
Dax Extends Gains Amid Trade Tensions
The DAX index demonstrated a positive trajectory on Tuesday, building upon a cautiously optimistic start to the trading…
Green Steel Project Faces Cost Concerns
Thyssenkrupp Steel acknowledges the possibility of cost increases associated with the construction of its “green steel” production facility…