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Economy / Finance
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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…
German Industry Group Lowers Expectations for Power Price Relief
The president of the Association of German Chambers of Industry and Commerce (DIHK), Peter Adrian, has expressed tempered…
US Stocks Mixed Nasdaq Slides
US equity markets presented a mixed picture Friday, with the Dow Jones Industrial Average closing at 44,946 points,…
German Markets Dip Oil Prices Fall
European markets exhibited a mixed performance at the close of trading Friday, with Germany’s DAX index finishing marginally…
German Politicians Demand Russia’s Assets Be Seized For Ukraine Defense
A growing chorus of prominent German politicians are advocating for the complete and immediate utilization of Russian central…
German Market Steady Alaska Eyes Turn
European markets displayed cautious optimism midday Friday, with the DAX maintaining gains established in early trading. Around 12:30…
German DAX Gains Ahead of Alaska Talks
European markets experienced a modest positive start to the trading day Friday, with the DAX rising slightly to…
Thyssenkrupp CEO Open to State Investment in Shipbuilding
Thyssenkrupp’s CEO, Miguel López, has indicated an openness to potential state participation in its planned listing of the…
German Employment Holds Steady in Second Quarter
Germany’s employment figures for the second quarter of 2025 show a slight overall increase, though with notable sectoral…
German Business Starts Surge Despite Rising Closures
Germany’s business landscape demonstrated a mixed performance in the first half of 2025, according to data released Friday…
German State Leader Seeks Climate Policy Relief for Key Industries
The Premier of Saxony-Anhalt, Reiner Haseloff, is calling for a fundamental reassessment of climate policy amidst growing concerns…
Amthor Targets 16 Billion Euro Bureaucracy Cut
Philipp Amthor, State Secretary in Germany’s newly formed Digital Ministry, has announced ambitious plans to significantly reduce bureaucratic…
Tech Tax Details Remain Unclear
Plans for a potential digital levy on large corporations remain largely undefined, according to a recent response from…
Defense Agency Backs Tax Cuts For Arms Industry
The President of the Federal Office for Equipment, Information Technology and In-Service Support of the German Armed Forces…
US Stocks Mixed as Inflation Concerns Persist
US equity markets presented a mixed performance on Thursday. At the close of trading in New York, the…
Train Drivers Hail Rail Chief’s Dismissal
The German Locomotive Drivers’ Union (GDL) has welcomed the decision by Federal Transport Minister Volker Wissing to remove…
German Inflation Boosts European Markets
German equity markets experienced gains on Thursday, with the DAX index closing at 34,378 points – a rise…
German Regulator Backs EU Oversight of Crypto Exchanges
Germany’s financial regulator, BaFin, is advocating for the inclusion of cryptocurrency firms within the scope of direct oversight…
Consumers Demand Relief From Energy Tax
Germany’s leading consumer protection group, the Verbraucherzentrale Bundesverbands (VZBV), is urging the government to lower electricity tax for…
RWE Opposes Splitting Germany Into Five Electricity Price Zones
The chief executive of German energy giant RWE, Markus Krebber, has voiced opposition to proposals from European transmission…
Berlin Brandenburg Fuel Prices Hit Record High
Motorists in Berlin and Brandenburg are currently facing the highest fuel prices in Germany, according to a recent…
German Markets Rise Amid Trump-Putin Talks
German equity markets maintained positive momentum mid-day Thursday, building on earlier gains. The DAX index reached approximately 24,275…
Faster Depreciation Fuels Economic Growth
A leading German economic research institute is advocating for the permanent implementation of accelerated depreciation allowances, currently available…
German DAX Eyes Record High After Strong Start
30 AM local time – a gain of roughly 0..4 percent from the previous day’s closing level. Heidelberg…
Fiber Rollout Jumps Nearly Ten Percent Year-Over-Year
Germany’s fiber optic expansion is gaining momentum, with coverage increasing by 9.6 percentage points in the past year.…
VW Could Build Tanks for Germany says Bundeswehr Chief
The President of the Federal Office for Procurement of the German Armed Forces (BAAINBw), Anette Lehnigk-Emden, has indicated…
German Minister Calls For Political Innovation
Germany’s Federal Minister for Digitalisation and Building, Verena Hubertz, has voiced concerns regarding a perceived lack of innovation…
Northern Leaders Demand End To Uniform Power Pricing
Leading political figures from several northern German states are advocating for a restructuring of Germany’s unified electricity price…
Wholesale Prices Rise Slightly Year-Over-Year
Wholesale prices in Germany increased by 0.5 percent in July 2024 compared to the same month last year,…
ING urges banks to speed up Wero payment system creation
ING board member Pinar Abay is urging European banks to accelerate efforts and demonstrate greater flexibility in establishing…
Wall Street Rallies on Rate Cut Hopes
U.S. equity markets experienced gains on Wednesday, closing with positive momentum. The Dow Jones Industrial Average finished the…
German Stocks Edge Higher Despite Underlying Risks
The German stock index, DAX, opened Wednesday with modest gains. By 9:30 AM local time, the index was…
German Stock Rally Led by Rheinmetall
The German DAX index continued its upward trajectory midday Wednesday, reaching 24,230 points – a 0.9 percent increase…
Germany’s SPD Open to Switzerland Joining EU
A leading figure in the German Parliament’s Social Democratic Party (SPD) has expressed openness to Switzerland joining the…
German Stocks Rise Oil Prices Fall
German stock market indices registered gains on Wednesday, with the DAX closing at 24,186 points, representing a 0.7…
Germany Faces Soaring Power Demand By 2045
Germany faces a substantial increase in electricity demand through 2045, according to a new study by consultancy firm…
Northvolt Troubles May Cost Taxpayers Millions More
The potential financial risk to German taxpayers stemming from the current crisis at battery manufacturer Northvolt may be…
Few Firms Plan To Scale Back Remote Work
A recent survey indicates that the prevalence of remote work options within German businesses is expected to remain…
German Inflation Holds Steady At 2 Percent
The Federal Statistical Office (Destatis) has confirmed an inflation rate of 2.0 percent for July 2025. This figure…
Solar Firms Brace For Bankruptcies
The German solar industry anticipates a rise in company insolvencies as the rate of new solar panel installations…
Hospitals Demand Funds For Heat Protection
Healthcare facilities, nursing associations and patient advocacy groups are jointly calling for increased investment in heat protection measures…
Teen Jobs Surge Students Balancing School and Work
The number of students aged 15 to 18 engaging in part-time or holiday work is demonstrably increasing in…
Green Minister Questions Carbon Capture for Gas Plants
Lower Saxony’s Environment Minister Christian Meyer has indicated a cautious approach towards carbon capture and storage (CCS) technology,…
German Industry Losing Ground To Rivals
A recent survey conducted by the Ifo Institute in Munich indicates that approximately one in four German industrial…
AC Demand Soars 75 Percent Since 2019
Demand for air conditioning units in Germany has risen significantly over the past five years, according to data…
US Stocks Surge on Cooling Inflation
US stock markets experienced significant gains on Tuesday, with the Dow Jones Industrial Average closing at 44,449 points,…
Dax Steady Eyes Economic Data
German stock market’s benchmark DAX index exhibited minimal movement at the start of trading Tuesday. Around 9:30 AM…
German Work Hours Hit Record High Fueled by Women
Recent analysis from the Federal Institute for Population Research (BiB) indicates that average weekly working hours per capita…
Car Industry Urges US to Cut Tariffs
The German automotive industry reports no discernible relief from the recently agreed-upon trade deal between the European Union…
German Economic Outlook Worsens Sharply
Economic expectations for Germany have demonstrably cooled, according to the latest survey data released Tuesday by the Centre…
German DAX Slides Trading Quiet
German equity markets experienced a moderate decline on Tuesday, with the DAX closing at 23,940 points, a decrease…
US Inflation Holds Steady Core Prices Rise
U.S. inflation remained steady in July, according to data released Tuesday by the relevant statistical agency. The consumer…
German Dax Slides Amid Investor Concerns
Germany’s benchmark DAX index experienced a shift into negative territory by midday Tuesday, following a cautious opening. Around…
Faith Fueled Faster Gulf Coast Recovery
A new study from the Leibniz Institute of Economic Research Halle (IWH) indicates that businesses located in areas…
Green Party Leader Questions Early Retirement Benefit
The co-leader of the German Green Party, Franziska Brantner, has publicly questioned the continued viability of the scheme…
Strauss Calls For Stronger European Brand Identity
The co-chief executive of German workwear firm Strauss is advocating for a stronger economic branding of Europe. In…
Expert Calls For Benefit Cuts To Save Pensions
A leading German economist, Veronika Grimm, has advocated for a reassessment of social security benefits in light of…
Expert Backs Raising Retirement Age
A prominent German economic advisor has voiced support for a proposal gaining traction within the government – the…
Labor Chief Pushes Targeted Welfare Reform
A leading official at Germany’s Federal Employment Agency (Bundesagentur für Arbeit) has emphasized the necessity of adapting the…
German Economist Warns of Fresh Economic Downturn
A prominent German economic advisor has cautioned that Germany could face a further economic downturn in 2025. Veronika…
Nasdaq Hits Record High Stocks Rally
U.S. equity markets posted gains Friday, closing with positive momentum. The Dow Jones Industrial Average finished the session…
Civil Service Union Rejects Extended Working Life Proposal
The head of the German Civil Service Federation (DBB), Volker Geyer, has rejected a proposal to extend the…
Left Demands State Control of Energy Prices
The co-leader of Germany’s Left Party, Ines Schwerdtner, is calling for state-controlled price regulations on electricity and gas…
German Stocks Ease Ahead of Weekend
German stock market index, the DAX, experienced a slight decline at the close of trading Friday, settling at…
Bosch and VW to Bring Self-Driving Cars to the Masses Next Year
Bosch and Volkswagen are collaborating to transition automated driving from a specialized feature to a widely accessible technology,…
German DAX Flatlines Munich Re Slides
Frankfurt’s DAX index exhibited a cautious trading pattern on Friday, remaining largely directionless by midday. Around 12:30 PM…
Minister Doubts Pension Reform Passage This Term
Germany’s Minister for Labour and Social Affairs, Bärbel Bas, has expressed skepticism regarding the timely implementation of recommendations…
Pension Payments Face Increased Tax Burden
In 2024, approximately 22.3 million people in Germany received pension benefits totaling around 403 billion euros. According to…
Civil Servants Should Work Five Years Beyond Retirement Age
The Pestel Institute has entered the debate surrounding working life and retirement age with a proposal aiming for…
German Customs Delays Boost Gold Prices
Frankfurt’s DAX index opened slightly lower Friday morning. Around 9:30 AM local time, the benchmark index was calculated…
Truck Traffic Rises on German Highways
The volume of toll-paying heavy goods vehicles – specifically those with four or more axles – traversing German…
German Firms Report Order Slump
Recent surveys indicate a persistent lack of incoming orders for a significant portion of German businesses, signaling a…