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Economy / Finance
5012 posts
Dax Steady on Unity Day
The German DAX index opened marginally higher on Monday, marking the Day of German Unity. Shortly after 9:30…
East West Pay Gap Narrows
As celebrations marking German Unity approach, labor unions are urging the governing coalition to intensify its efforts on…
Solar Cuts Threaten Home Power Profits
A new study suggests that the planned removal of feed-in tariffs for small-scale solar installations in Germany could…
Black Friday Now Tops Holiday Sales
The traditional pre-Christmas shopping period is no longer the most crucial phase for the Otto Group, a major…
East Germany Sees Job Growth Surge
A recent study by the Competence Center for Skilled Workers (Kofa) reveals a significant shift in the dynamics…
East West Income Gap Narrows
Recent data from the Federal Statistical Office (Destatis) indicates a gradual narrowing of the income gap between eastern…
Stocks Surge Oil Dips
US equity markets closed higher Thursday, extending a period of cautious optimism. The Dow Jones Industrial Average reached…
Tech Stocks Surge on AI Optimism
The Dax index experienced a significant increase on Thursday, closing at 24,423 points – a 1.3% gain compared…
VW Dresden Job Hopes Fall
Volkswagen is reportedly scaling back its workforce at the Dresden Glass Manufaktur facility, with projections indicating only approximately…
Tech Boost Drives DAX Higher
The German stock market benchmark, the DAX, continued its upward trajectory Thursday following a positive start to the…
East Germany Gains Ground Economist Says
Following 35 years of German reunification, a leading Düsseldorf-based economist is highlighting the emerging strengths of eastern Germany…
IWH Urges Shift From East Germany Aid
A leading economist has cautioned against targeted federal government support specifically aimed at the eastern German economy, arguing…
Dax Rises Market Turns Green
30 AM.. This represents a gain of 0.6 percent compared to the closing level of the previous day.…
Lufthansa Job Cuts Peak Expected 2027 2028
Lufthansa Group is embarking on a significant restructuring program involving the reduction of approximately 4,000 administrative roles by…
Germany Builds Space Industry
The German Federal Armed Forces are prioritizing partnerships with domestic and European Newspace companies in the development of…
Germany Boosts Space Industry With New Partnerships
The German Federal Armed Forces are prioritizing collaboration with domestic and European “Newspace” companies as they develop planned…
Women’s Workforce Participation Soars
Germany has witnessed a substantial increase in female workforce participation since its reunification in 1991. Data released this…
Germany Challenges Google’s Power
The German government is exploring measures to address the dominant role of Google in information distribution, aiming to…
Stocks Edge Lower After US Shutdown Threat
European markets opened with a subdued performance Wednesday, as the German DAX index began trading slightly down. Around…
Eurozone Inflation Creeps Up
Eurostat, the statistical office of the European Union, reported a slight increase in the annual inflation rate for…
East West Economic Gap Persists
Thirty-five years after German reunification, the economic gap between eastern and western Germany remains stubbornly persistent, according to…
Stocks Rise Oil Falls
US equity markets registered modest gains on Wednesday, concluding a session marked by ongoing political uncertainty stemming from…
Business Bills Pile Up
A growing number of businesses in Germany are experiencing payment delays, according to a recent analysis by credit…
Dax Rises on Pfizer Deal
European markets displayed a positive trajectory on Wednesday, with the German DAX index steadily recovering from a weaker…
Cleveland Fed Cautions Against Rate Cuts
Cleveland Federal Reserve Bank President, Beth Hammack, has cautioned against prematurely easing monetary policy in the United States.…
Macron Defends France’s Economic Strength
President Emmanuel Macron has dismissed concerns regarding France’s financial stability, asserting that the nation remains a solid and…
Tech Boost Lifts German Stocks
The German stock market index, the DAX, experienced a significant increase on Wednesday, closing at 24,114 points. This…
Germany Boosts Space Industry With New Strategy
The German Federal Armed Forces are set to significantly shift their approach to space program development, prioritizing partnerships…
East Germany Catches Up West Germany Still Divided
A new study from the German Institute for Economic Research (DIW Berlin) reveals a complex picture of economic…
Eastern Germans Face Higher Loan Rates
Analysis from Verivox, a comparison platform, reveals a discernible difference in borrowing costs for consumers in eastern Germany…
Stocks Rise Consumer Confidence Wavering
US equities advanced on Tuesday, demonstrating resilience despite mounting concerns surrounding a potential government shutdown. The Dow Jones…
Dax Rises MTU Scout24 Lead
The German stock market experienced a positive day of trading on Tuesday, with the DAX index closing at…
German Inflation Rises Again
Germany’s annual rate of consumer price inflation continued its upward trend in September 2025, according to data released…
Nahles Urges Government AI Focus
The head of the Federal Employment Agency (BA), Andrea Nahles, has urged the German government to prioritize the…
Stocks Waver As US Shutdown Looms
European markets displayed muted activity Tuesday, with the leading DAX index showing minimal fluctuation throughout the session. By…
Lufthansa Pilots Vote Yes to Strike
Lufthansa faces potential strike action following a decisive vote by its pilots. The Vereinigung Cockpit (VC) pilots’ union…
Jobcenter Fail Threatens Welfare Savings
A recent audit by Germany’s Federal Audit Court has identified persistent shortcomings in the performance of Job Centers…
Inflation Jumps Sharply
Early data released Tuesday from German states indicate a marked increase in the country’s inflation rate. While the…
Job Recovery Slows in Germany
Germany’s unemployment figures reveal a complex picture for September 2025. While the number of registered unemployed individuals decreased…
Dax Flat Investors Flock to Gold
European markets opened Tuesday with the DAX index showing little change, trading around 23,720 points – a marginal…
Import Costs Fall Again
Import prices decreased by 1.5 percent in August 2025 compared to August 2024. This follows declines of -1.4…
Jobs Steady August 2025
Employment figures released by the Federal Statistical Office (Destatis) indicate a slight contraction in the German labor market…
Retail Sales Edge Down Slightly
Preliminary data released by the German Federal Statistical Office (Destatis) reveals nuanced shifts in retail sales during August…
Household Energy Bills Ease
Household energy costs in Germany experienced fluctuating trends during the first half of 2025, according to data released…
Union Defends Wage Agreement Law
The German Confederation of Trade Unions (DGB) has defended the planned Loyalty to Collective Agreements Act, rejecting criticism…
Chemical Industry Sees Slight Mood Boost
A slight improvement in sentiment has been observed within Germany’s chemical industry sector, according to data released Tuesday…
Stocks Rise Amid Shutdown Fears
US equity markets experienced gains on Monday, concluding the trading day with positive results. The Dow Jones Industrial…
Stocks Stalled Oil Prices Fall
German stock markets exhibited a muted performance at the start of the trading week. The Xetra index closed…
Bosch Considers Factory Closures
Bosch, the prominent German engineering and technology company, has indicated it will not rule out workforce reductions or…
Dax Climbs Above Key Resistance
The Dax index continued its positive start to the trading week on Monday, extending gains throughout the morning…
Germany Debates Welfare Benefits for EU Nationals
Concerns regarding potential welfare fraud perpetrated by organized groups originating from other EU member states have spurred debate…
German Industry Faces Job Losses
The German industrial sector is facing a “very serious situation” according to Michael Vassiliadis, leader of the IG…
Dax Rises Gold Hits Record
30 am – a 0..3 percent increase from the previous day’s closing level. Market analysts suggest a potential…
Lufthansa Cuts 4000 Jobs by 2030
Lufthansa Group announced plans Monday to reduce its workforce by 4,000 employees by the end of the decade.…
Self-Employed Mothers Protection Plan Set for Early 2026
The German government is planning to extend legal protections for freelance and self-employed mothers, with a potential implementation…
Steel Industry Rescue Demands Intensify
The Social Democratic Party (SPD) is calling for increased governmental support for Germany’s struggling steel industry, citing significant…
Military Spending Boosts German Economy
The Hesse State Premier, Boris Rhein, has called for an end to the ongoing debate surrounding inheritance tax,…
Construction Slowed By Red Tape
Construction of roads and housing projects in Germany is being significantly hampered by excessive bureaucratic processes, according to…
Carmaker Shift Fuels Supplier Job Fears
The automotive supply sector is facing a wave of job losses following Bosch’s recent announcement of 13,000 redundancies,…
Merkel Successor Sparks Combustion Engine Debate
The Social Democratic Party (SPD) has strongly condemned a recent proposal by Chancellor Friedrich Merz (CDU) to reconsider…
Greens Push for Household Help Subsidies
The Green Party is advocating for government-funded vouchers to subsidize household services, including cleaning, cooking, care for family…
Germany Eyes Wider Net for Pension Funding
To ensure the long-term viability of the pension system as the large birth cohorts retire, the chair of…
Estonia Seeks Seizure of Russian Assets
Estonian Prime Minister Kaja Kallas has advocated for the confiscation of assets frozen within the European Union belonging…
Germany Urges Hydrogen Pipeline for European Energy Independence
The head of Germany’s state-owned KfW development bank, Stefan Wintels, has advocated for enhanced European energy autonomy and…
Full-Time Benefit Boost for Welfare Recipients
The chair of the German Confederation of Trade Unions (DGB), Yasmin Fahimi, has proposed a premium for recipients…
Early Retirement Plan Sparks Outrage
The President of the German Caritasverband, Eva Maria Welskop-Deffaa, has voiced strong criticism regarding the German government’s proposed…
Stocks Surge On Inflation Data
US equity markets concluded Friday with gains, driven by encouraging inflation data and signaling potential shifts in monetary…
Greens Push for Electric Vehicle Boost
Concerns are mounting within Germany regarding the future of its automotive industry, prompting calls for increased governmental support…
Tesla Faces Union Accusations
The leader of the IG Metall trade union, Christiane Benner, has voiced strong criticism regarding Tesla’s approach to…
Stocks Surge on US Spending Data
The German stock market concluded the week on a positive note, with the DAX index gaining traction throughout…
Renters Face Rising Evictions
Concerns are growing over a rise in “self-use” eviction notices – where landlords claim they or family members…
Gamers Spend Big on Games
A recent survey conducted by the Bitkom industry association reveals the significant financial investment German residents make in…
Stocks Edge Higher Insurance Focus
The German stock market benchmark, the DAX, maintained a positive trend throughout Friday morning, although it relinquished a…
Deutsche Bahn Unveils 2026 Timetable
Deutsche Bahn has unveiled its new timetable for 2026, marking a significant expansion and standardization of its long-distance…
Stocks Rally on Rate Hope
30 AM.. This represented a gain of 0.5% compared to the previous day’s closing value. Despite a cautious…
Job Cuts Loom for German Firms
German businesses are increasingly factoring in leaner staffing models, according to a recent survey released Friday by the…
EU Car Ban Debate Resurfaces
The German Social Democratic Party (SPD) has indicated a willingness to discuss potential adjustments to the European Union’s…
Stocks Slip Amid AI Concerns Shutdown Fears
US equity markets experienced a downturn Thursday, closing with losses across key indices. The Dow Jones Industrial Average…
EU to Counter Chinese Imports
The European Union is poised to implement a series of protective measures in response to escalating trade tensions…
Holiday Hiring Surge at DHL
Logistics giant DHL is preparing to recruit thousands of delivery personnel to manage the surge in demand during…
Germany Debates Auto Industry Aid After Job Cuts
The announcement by automotive supplier Bosch regarding the planned reduction of 13,000 jobs has prompted calls for increased…
Union Calls for EV Aid Supplier Support
German automotive suppliers are facing increasing strain, prompting calls for government intervention to ensure their stability during a…
Commerzbank Facing Unwanted Takeover Risk
A significant risk has emerged concerning Commerzbank’s ongoing share buyback program, as highlighted by New York-based investor Metronuclear.…
Business Fears Rising Far-Right Support
Concerns are growing within the German business community regarding the potential impact of further support for the Alternative…
Tech Shares Drag Down German Index
The German DAX index experienced a decline on Thursday, closing at 23,535 points, representing a 0.6% decrease compared…
Xiaomi Drives into Germany Auto Ambitions Rise
Xiaomi is poised to enter the European automotive market, targeting a launch in 2027 and prioritizing Germany as…
SAP Faces EU Antitrust Probe
The European Commission has formally launched an investigation into SAP, a major software company, to assess potential distortions…
Dax Struggles Investors Eye Data
European markets experienced a subdued trading session on Thursday, with the German DAX index remaining in negative territory…
Bosch Cuts 13000 Jobs
Bosch, the technology and engineering giant, announced on Thursday plans to eliminate an additional 13,000 positions globally. The…
AI Giant Considers Nuclear Power
OpenAI’s CEO, Sam Altman, has highlighted the potential of nuclear power as a crucial energy source to support…
Lower Energy Bills Boost Households 2026
German businesses and households are likely to see a decrease in electricity prices next year, stemming from anticipated…
Rompf Exit Regret Sparks Union Praise
The appointment of Dirk Rompf as the new head of DB Infrago, the infrastructure division of German rail…
Rompf No Longer DB-Infrago CEO
Dirk Rompf will not assume the role of CEO of Infrago, the infrastructure division of Deutsche Bahn (DB),…
Economists Urge Caution on Growth Forecast
Leading German economic research institutes are cautioning policymakers against misinterpreting a newly released growth forecast for the upcoming…
Germany Turkey Döner Deal Reached
A dispute concerning the designation of “Döner” as a protected traditional specialty has concluded between Turkey and Germany.…
Bosch Plans Major Job Cuts
Bosch, a leading global automotive supplier and technology company, is reportedly planning a significant reduction in its workforce,…
German Economy Sees Slight Growth Boost
Leading German economic research institutes have modestly revised upwards their forecast for economic growth this year. The updated…
Empty Homes Fuel Housing Crisis
A significant number of federally owned properties, including apartments, remain unused despite a critical shortage of affordable housing…
German Exports See Optimism Rise
Sentiment is improving within Germany’s export sector, according to the latest data from the Ifo Institute. September saw…
Dax Opens Lower Direction Uncertain
The German benchmark index, the DAX, commenced trading on Thursday with losses, reflecting ongoing uncertainty amongst investors. Shortly…