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Economy / Finance
4162 posts
Retirement Age Hike Sparks Outrage
A prominent social welfare organization has publicly challenged a recent proposal from the German government regarding pension reform.…
Schufa to Confront History of Jewish Founders
The Schufa Group, Germany’s largest credit reporting agency, has announced plans to comprehensively examine its historical origins, including…
EU-US Trade Deal Sparks Weakness Concerns
A leading German economic advisor has voiced concerns regarding the recently concluded EU-US customs agreement, suggesting it highlights…
Temu Faces EU Digital Services Act Concerns
The European Commission has launched formal concerns regarding the online marketplace Temu, alleging potential violations of the Digital…
Stocks Retreat After Tariff Deal Hopes Fade
European markets experienced a mixed performance on Monday, with the DAX index initially showing promise before retracting gains…
German Startups Embrace AI Revolution
A new survey reveals a surging adoption of artificial intelligence (AI) among technology start-ups in Germany, highlighting its…
Dax Rises After Trade Deal
The DAX index opened higher on Monday, gaining traction at the start of the trading day. As of…
BioNTech Expands Cancer Research Trials
Biotech firm BioNTech is accelerating its cancer research efforts in partnership with Bristol Myers Squibb (BMS), aiming to…
Prefab Housing Weathers Downturn Better
Construction of prefabricated homes experienced a decline in 2024, reflecting a broader slowdown in the construction sector. According…
German Exports See Modest Uptick
Recent data indicates a modest improvement in sentiment within Germany’s export sector. A survey released Monday by the…
Business Confidence Favors Stability
The recent setback in Intel’s planned semiconductor facility in Magdeburg has prompted a call for a shift in…
EU Food Approvals Stifle Innovation
European food startups and investors are voicing increasing concerns regarding the European Union’s approval process for novel foods,…
Fraudulent Benefit Claims Surge in Germany
Data released this week indicates a rise in instances of alleged fraudulent activity related to Germany’s citizen’s income…
Rent Debate Intensifies Blame Game Erupts
Calls for a potential adjustment to Germany’s retirement age have sparked significant criticism from within the parliamentary Green…
Business Calls for Faster Highway Completion
The German Chamber of Industry and Commerce (DIHK) has called on the current governing coalition to prioritize the…
Trade Truce Fragile Experts Warn
Despite a recent agreement on tariffs between the United States and the European Union, economists are cautioning against…
Pharmacy Group Backs Crackdown on Online Discounts
Concerns are mounting over the impact of online pharmacies offering discounts on prescription medications in Germany. The Federal…
Pensioner Pay Varies Widely Across Germany
Recent analysis from the German Pension Insurance Federation (Deutsche Rentenversicherung Bund), reported by “Bild am Sonntag”, reveals an…
VW Blames Global Turmoil for Profit Drop
Volkswagen Group’s recent second-quarter earnings decline has been attributed to a complex interplay of global challenges, according to…
Competition Watchdog Records Soaring Violations
The number of companies listed in the Federal Cartel Office’s Competition Register has seen a substantial increase, according…
Competition Violations Surge
The number of companies listed in Germany’s Federal Cartel Office’s competition register has increased significantly, according to information…
Competition Violations Surge
The number of companies listed in Germany’s competition register, maintained by the Federal Cartel Office, has seen a…
Competition Violations Surge
The number of companies listed in Germany’s national competition register, a database of businesses that have committed violations…
Heating Aid Reform Aims for Fairness
A leading figure within the Social Democratic Party (SPD) has voiced support for a more equitable distribution of…
Heating Aid Focuses on Lower Incomes
A leading figure within the Social Democratic Party (SPD) has voiced support for a more equitable distribution of…
Heating Aid Focuses on Lower Incomes
A leading figure within the Social Democratic Party (SPD) is advocating for a more equitable distribution of financial…
Online Pharmacy Discounts Face New Restrictions
The German Federal Ministry of Health, led by Minister Nina Warken (CDU), is planning a ban on online…
Business Calls for Easier Immigration
German businesses and industry associations are voicing concerns about a potential shortage of lower-skilled workers, even as the…
Home Office Tax Break Favors Top Earners
A recent analysis of German income tax statistics reveals a notable disparity in the benefits derived from various…
Qatar Threatens Gas Cuts Over EU Climate Rules
Qatar has reportedly warned European nations that it may halt natural gas deliveries if the European Union does…
Gas Power Expansion Risks Billions
The German Environment Agency (UBA) has voiced sharp criticism of plans by Federal Minister for Economic Affairs, Katherina…
Stocks Surge Records Shattered
US equity markets closed higher on Friday, buoyed by ongoing speculation surrounding potential trade agreements. The Dow Jones…
Germany Braces for Economic Slowdown
The German economy’s recent rebound may prove to be short-lived, according to Federal Minister for Economic Affairs, Katherina…
Stocks Slip Deadline Looms
The German stock market benchmark, the DAX, experienced a decline at the close of trading today, ending the…
Housing Boom Signals Social Change
A potential shift is underway in the provision of social housing in Germany, according to Federal Minister for…
Reich Calls for Increased German Work Effort
German Minister for Economic Affairs, Katherina Reiche of the Christian Democratic Union (CDU), has urged citizens to consider…
Left Demands Auto Industry Overhaul
Following a significant decline in profits reported by the Volkswagen Group for the second quarter, a leading German…
Dax Rebound VW Defies Losses
The German DAX index continued its downward trend throughout Friday morning following a weak start to the trading…
China Dependence Sparks German Concern
Following the recent EU-China summit, several German politicians are raising concerns regarding potential over-reliance on China for critical…
Counterfeit Euros Surge in Germany
The German Central Bank, Deutsche Bundesbank, removed approximately 36,600 counterfeit Euro banknotes from circulation within Germany during the…
German Economy Sees Limited Boost
German businesses reported a slight improvement in sentiment during July, according to data released Friday by the Ifo…
Stocks Slip Amid VW Profit Concerns
30 AM.. This represents a decline of 0.8 percent from yesterday’s closing level. Shares of Volkswagen were among…
Construction Orders Level Off
Construction sector order intake experienced a slight decrease in May 2025, according to data released by the Federal…
Volkswagen Profit Plummets
Volkswagen Group Reports Significant Earnings Decline in Second Quarter The automotive giant Volkswagen Group has announced a substantial…
BYD Dismisses EU Tariff Concerns
Chinese electric vehicle manufacturer BYD has refuted recent reports suggesting a shift in its European production strategy, indicating…
Pensioner Reliance on Aid Rising
A growing number of retirees in Germany are increasingly reliant on basic social security benefits, commonly known as…
Elderly Germans Need More Aid
A growing number of retirees in Germany are increasingly reliant on basic social security benefits, commonly known as…
Intel Abandons Magdeburg Chip Plant
Intel has announced a significant shift in its European expansion strategy, effectively pausing planned construction of a chip…
Tech Stocks Surge US Markets Waver
US stock markets presented a mixed performance Thursday, concluding with divergent results across key indices. The Dow Jones…
Train Drivers Prioritize Pay Hike
A recent vote by Deutsche Bahn (DB) employees affiliated with the GDL (Gewerkschaft Deutscher Lokomotivführer) has yielded surprising…
Dax Climbs Deutsche Bank Soars
The German stock market benchmark, the DAX, managed a modest gain on Thursday, closing at 24,296 points. This…
Tariff Law Threatens Bureaucracy Concerns
A new draft law proposed by the German government, designed to promote adherence to collective bargaining agreements among…
Eon Urges Stronger Infrastructure Protection
German energy infrastructure faces increasing scrutiny, prompting calls for heightened security measures. Leonhard Birnbaum, CEO of energy distributor…
ECB Holds Interest Rates Steady
The European Central Bank (ECB) has decided to pause its recent cycle of interest rate reductions, maintaining its…
Defense Industry Fears Skills Shortage
Germany’s defense industry finds itself at the cusp of a new era of growth, yet simultaneously grappling with…
Dax Rises Anticipation Builds for ECB Rate Decision
German equities continued their upward trend on Thursday, building on a positive start to the trading day. By…
Trump Uncertainty Dims Trade Deal Hopes
As a resolution to the trade dispute between the United States and the European Union appears increasingly likely,…
German Electronics Foresees 2025 Growth
The German electrical industry anticipates a return to growth by 2025, signaling a shift from recent challenging conditions.…
Dax Rises Investors Bet on Trade Deal
The DAX index opened Thursday’s trading session with gains, demonstrating positive momentum early in the day. By approximately…
US Market Losing Ground
A significant shift in global trade relations away from the United States is anticipated by nearly one-third of…
German Clinics See Revenue Rise Costs Surge
German medical practices experienced an average revenue of €804,000 per practice in 2023, according to data released by…
Volkswagen Seeks Streamlined Car Design
Volkswagen is initiating a significant restructuring of its automotive development processes, aiming to streamline complexity and enhance efficiency…
VW and Rivian Expand Software Partnership in Berlin
Volkswagen is significantly expanding its joint venture with US electric vehicle technology company Rivian, focusing on software development.…
Government Cuts Healthcare Funding Significantly
Germany’s state financing of healthcare expenditures decreased significantly in 2023, a shift largely attributed to the winding down…
Men Work Longer Hours Than Women
A significant portion of the German workforce regularly works beyond the hours stipulated in their employment contracts, according…
Heidelberg Materials Seeks Green Light for Carbon Storage
Heidelberg Materials, Europe’s largest cement producer, is urging the incoming German government to swiftly establish regulations and approvals…
Saxony Urges East Germany Focus in Military Buys
Following a recent decision by the German Federal Cabinet to expedite procurement processes for the Bundeswehr (German Armed…
NRW Refugee Cards Hesitation Grows
According to leading municipal associations, only approximately one-third of North Rhine-Westphalia’s (NRW) local authorities currently intend to implement…
Few NRW Towns Embrace Refugee Payment Cards
The rollout of a payment card system for refugees in North Rhine-Westphalia (NRW), Germany, is facing significant challenges…
Job Placements Drop Sharply
The volume of direct job placements facilitated by the Federal Employment Agency (BA) has significantly declined over the…
Stocks Rally on Tariff News
US equity markets rallied on Wednesday, driven by reports suggesting a potential trade agreement between the United States…
Sanctions Kill More Than Conflict Study Finds
A newly released study has found that economic sanctions imposed by the United States or the European Union…
Stocks Rally on Strong Earnings
The German stock market benchmark, the DAX, gained traction on Wednesday, closing at 24,240 points – a 0.8…
Left Party Demands More Consumer Energy Relief
Calls for Stronger Action on Energy Costs Spark Debate A dispute has emerged over the government’s approach to…
Gas Prices Inch Up
Despite stable crude oil prices, fuel costs in Germany have seen a slight increase, according to a recent…
German Stocks Rally Auto Sector Soars
The German DAX index continued its upward trend on Wednesday, building on a positive start to the trading…
Eutelsat Seeks German Partnership to Challenge Starlink
European satellite operator Eutelsat is seeking German participation within its organization as it navigates increased competition, particularly from…
Media Chief Urges Government Aid
A leading figure within the German media industry is calling on policymakers to provide substantive support for the…
Card Payments Surge in Germany
Germany’s payment landscape continues to evolve, with card payments experiencing a significant surge in 2024, according to data…
US Import Tariffs Set to Surge
Economists across Europe are forecasting a significant increase in customs duties on imports from the United States by…
Dax Rises on US-Japan Deal
The DAX index opened the trading day on Wednesday with gains, continuing a positive trend. By 9:30 AM,…
Highway Charging Fees Shock Motorists
A recent study by the ADAC, Europe’s largest automobile association, has highlighted significant discrepancies in pricing for electric…
Linnemann Urges Continued Jobcenter Support for Ukrainian Refugees
A senior figure within the Christian Democratic Union (CDU) is advocating for the continued involvement of employment agencies…
Left Demands Stronger Wage Deal
The leader of the Left party, Ines Schwerdtner, has called for revisions to the planned law on tariff…
Low Income Families Get Climate Tech Boost
The German Federal Minister for the Environment, Carsten Schneider (SPD), is developing new measures to alleviate the financial…
Oil Exploration Threatens Baltic Tourism
Concerns are mounting over potential oil and gas exploration activities planned near the island of Usedom in the…
EU Auto Row Threatens Trade War
The German automotive industry is issuing a stark warning against further escalation in the trade dispute between the…
Stocks Waver as Earnings Reports Loom
US equity markets presented a mixed performance on Tuesday, closing with varied results. The Dow Jones Industrial Average…
Oil Find Sparks Germany Poland Border Dispute
A significant oil discovery off Poland’s Baltic coastline, made by the Canadian firm CEP, appears to partially involve…
KKR Boosts German Investment Plans
KKR Co-Founder Signals Increased Investment in Germany Henry Kravis, one of the founding partners of global investment firm…
Stocks Slide Amid Listless Trading
Equities experienced a downturn Tuesday, with the DAX index closing at 24,041 points, representing a 1.1% decrease from…
Foreclosure Numbers Surge in Germany
The number of involuntary property auctions (foreclosures) in Germany has continued to rise in the first half of…
Stocks Slip As Dax Loses Momentum
The German DAX index continued its downward trend on Tuesday, sliding further into negative territory after a subdued…
Startups Weigh Exit Amid Funding Concerns
A concerning trend is emerging within Germany’s vibrant tech startup scene, with a significant number contemplating relocation due…
Stocks Slip Reporting Season Begins
The German DAX index commenced trading on Tuesday with losses, reflecting a period of cautious investor sentiment. By…
Heatwave Demand Fuels AC Surge
Several studies, including research conducted by the Ifo Institute, indicate a rapidly increasing global demand for air conditioning…
TK Chief Calls for Fewer Health Insurers
The head of Germany’s Techniker Krankenkasse (TK), Jens Baas, has advocated for a significant reduction in the number…
Economist Calls for Welfare State Overhaul
A leading economist is calling for a comprehensive overhaul of Germany’s social welfare system, citing inefficiencies and unintended…
Company Favors Spark Political Row
The leader of the Left party, Ines Schwerdtner, has voiced sharp criticism regarding a recent investment forum hosted…
Union Urges Realistic Expectations for Investment Plan
The leader of IG Metall, Christiane Benner, has voiced cautious support for a new investment initiative launched by…