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Economy / Finance
4164 posts
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…
US EU Trade Dispute Sees Progress
A resolution in the ongoing trade dispute between the European Union and the United States appears increasingly likely…
German Insolvencies Ease Slightly
A slight decrease in corporate and partnership insolvencies was recorded in Germany during June, according to data released…
Public Debt Rises in First Quarter
Preliminary data released Tuesday by the Statistical Federal Office (Destatis) indicates a rise in Germany’s public debt. As…
Dax Opens Slightly Higher
The German DAX index opened Tuesday’s trading session with modest gains. By 9:30 AM local time, the benchmark…
Norway’s Fund Eyes German Grid Investment
Sources indicate that Norway’s sovereign wealth fund, Norges Bank Investment Management, is considering a substantial investment in Germany’s…
German Exports Decline
German exports decreased by 1.4 percent in May 2025 compared to April, after seasonal and calendar adjustments, while…
Greens Accuse Government of Delaying Pension Reform
A leading figure within the Green Party has voiced concerns regarding the current government’s approach to social security…
Freelancer Confidence Rises
Business sentiment among self-employed individuals and small businesses in Germany has risen again in June, according to the…
Germany US Trade Dispute Sparks Controversy
A dispute over trade practices with the United States has ignited controversy within Germany, with members of the…
Germany Debates Debt Brake Reform Healthcare Funding Concerns
Concerns are being raised regarding the proposed funding model for Germany’s healthcare and long-term care insurance systems. Verena…
Green Party Warns of Tech Slowdown
Concerns are emerging regarding the potential impact of plans by Federal Minister for Economic Affairs, Katharina Reiche (CDU),…
Business Calls for Faster Reforms
As parliamentary discussions on the upcoming budget commence, leading representatives from German industry are urging the government to…
Germany Reconsiders Tech Tax
Debate surrounding a proposed digital services tax targeting US internet companies is facing cautious assessment within German political…
AOK Opposes Nursing Care Cuts
The head of the AOK Federal Association, Carola Reimann, has voiced strong opposition to potential benefit cuts within…
Nursing Funds Face Collapse
The DAK health insurance company is raising serious concerns about the financial stability of Germany’s long-term care insurance…
More Pensioners Relying on Basic Income
A growing number of retirees in Germany are increasingly reliant on basic social security benefits, according to recent…
Germany Warns of Local Finances Strain
Concerns are mounting regarding the financial strain on local municipalities in Germany, prompting calls for adjustments to taxation…
Tariffs Weigh on US Markets
US markets experienced losses on Monday, impacting key indices and commodity prices. The Dow Jones Industrial Average closed…
Border Checks Threaten Tesla Factory
New border controls between Germany and Poland are significantly impacting the Brandenburg economy, particularly affecting the Tesla facility…
Businesses Seek More Support for Struggling Apprentices
According to a new study by the Competency Center for Skilled Workforce (Kofa), a significant majority of German…
Trump Delays Tariffs to August 1
The United States is extending the deadline for potential tariffs, shifting the implementation date to August 1st. White…
Union Demands Tougher Heat Protection Penalties
Labor unions are calling for stricter enforcement and potential reforms regarding worker protection from heat stress in workplaces…
Germany Greens Left Push for Mask Scandal Probe
Pressure is mounting within the German Bundestag as the Green Party and the Left Party urge the Social…
Germany Aims for Nursing Care Insurance Stability
The statutory health insurance system is cautioning against deferring the substantial financial challenges facing long-term care insurance to…
DAX Surges Above 24000
The German stock market opened the week with gains, as the DAX index closed at 24,073 points, marking…