Browsing Category
Economy / Finance
4165 posts
Green Steel or Economic Disaster?
Environmental and Climate Protection Minister Carsten Schneider of the Social Democratic Party (SPD) has defended the Green Steel…
Nord Stream 2: Berlin to Block Sale of Pipeline through Legislative Change, as US Investor Lurks in the Shadows
Germany’s Government Considers Strengthening Foreign Trade Act Amid Nord Stream 2 Pipeline Concerns The German government is reviewing…
DOLLAR SHOCKWAVE: Eurozone Investors in a Panic as DAX Index Plunges in Euro Terms!
European Stocks End Friday on a Positive Note, Despite Dollar’s Weakness The German Dax index continued its upward…
EU’s Failure to Impose New Sanctions
European Union and Green Party leaders have expressed outrage at the outcome of the EU summit without new…
A Fight for Decent Wages in Germany?
Berlin, Germany – A proposal by the Minimum Wage Commission has been met with criticism from the Left…
SPD’s Plan B
German Government’s Energy Tax Cut Plan Remains on Track The German Social Democratic Party’s parliamentary faction is confident…
Germany’s 15 Euro Dream Crushed as Wages to Rise ‘Just’ to 14.60 Euros in 2027
German Labor Commission Approves Minimum Wage Increase for 2027 In a unanimous decision, the German Minimum Wage Commission…
Will US Inflation Data Spark a Rally to 24,000?
European Stocks and US Inflation Data in Focus The German Dax index started the trading day on a…
SPD to Unleash Pressure on Reiche at Party Congress
SPD Demands Summit to Revive Sector The Social Democratic Party (SPD) is set to increase pressure on Economy…
3.1 Million ‘Stiller Reserve’ Workers Ready to Fill the Gap
According to the Federal Statistical Office, in 2024, approximately 3.1 million people in Germany, aged 15 to 74,…
Germany’s Sweet Cherries Expected to Surge 41% Above 10-Year Average!
German Fruit Growers Expect Higher Cherry Harvest this Summer According to a preliminary harvest forecast by the German…
Germany’s Job Market Hits a Speed Bump
German Businesses Grow Cautious in Staff Planning Again According to the Ifo Employment Barometer, German companies are becoming…
SPD Ponders State Intervention in Steel Industry
A German state’s party explores state involvement in steel companies, citing the need for a strategic stake in…
The Looming Jobocalypse
A top executive of the German Trade Association (HDE) has expressed concerns over potential government interference in the…
Automation Nation: DHL’s Shocking Plan to Revolutionize Germany’s Postal System by 2030!
DHL Plans to Expand Automated Post and Package Stations in Germany by 2030 The DHL Group intends to…
US Stocks Plunge as Trump’s Interest Rate Threat Looms
The US stock markets ended the day on a positive note, with the Dow Jones Industrial Average closing…
21,000 Seats Axed in Cost-Cutting Coup
German Railways, Deutsche Bahn, plans to significantly reduce its long-distance train fleet and seating capacity, according to a…
The Last Chance for Social Democracy?
A leading labor union official has called on the minimum wage commission to consider a proposal to increase…
Dax Crashes: US Economic Data Sends Shockwaves Through Global Markets
In a mixed bag of economic data from the United States, the German stock market index, the Dax,…
BREAKING: The Market’s Secret Shift – What’s Driving the Dax’s Unstoppable Rise?
30 pm, a 0.8 percent increase from the previous day’s close. Market analysts attribute the growth to the…
Bargain Hunters Flock in as Geopolitical Tensions Ease
The German stock market, as measured by the Dax, started the trading day on a positive note on…
GfK: Thriftiness Brakes Consumer Recovery
Consumer Sentiment in Germany Remains Unchanged in June, with a Slight Decline Predicted for July The GfK Consumer…
Third Consecutive Decline in Business Climate
Economic Sentiment in the German Auto Industry Remains Low, Ifo Institute Reports The Munich-based Ifo Institute for Economic…
Digital Rules to be Watered Down?
EU Commission Reportedly Concedes to US in Digital Markets Act Talks The European Commission has reportedly agreed to…
Amazon’s $1 Billion War on Counterfeiters
Amazon’s Counterfeit Crimes Unit Reveals Five-Year Progress in Combating Fake Goods Amazon’s Counterfeit Crimes Unit (CCU) has reported…
Economist Slams Backpedaling on Reform
German Economic Expert Criticizes Government’s Plan to Exempt Industry from Electricity Tax German economic expert Veronika Grimm has…
Will a National Digital Agency Unite the Country?
Germany’s Public Servants’ Union Calls for National Digital Agency The German Public Servants’ Union (DBB) is urging the…
Germany’s Economic Future at Stake
As the prolonged crisis in the metal and electro-industry persists, with eight consecutive quarters of no growth, IG-Metall…
A New Record High for the Chip Giant
Financial Markets Close with Mixed Results The US stock markets closed with a mixed performance on Wednesday, with…
Dax Falls Short – Investor Community Split
Investors Divided as Global Markets Diverge The German Dax index finished the trading day with a 0.6% decline,…
German Carmakers Explore Military Use of Self-Driving Tech
Automated Driving Technology Draws Interest from German Automakers and Defense Contractors German automotive manufacturers are reportedly exploring potential…
Will Germany’s Workers Have to Wait Longer for a Pay Rise?
A development in the German minimum wage commission’s decision-making process has emerged, potentially altering the expected timeline for…
What’s Behind the Market Mayhem?
The German Dax index initially showed a positive start to the trading day, but by midday, it had…
Leica’s $1,000 Smartphone: The Camera King Takes a Shot at the Mobile Market
Leica’s Century Milestone Marks a New Era in Smartphones As Leica, the renowned German camera tradition company, prepares…
Stocks Soar as Geopolitical Risks Melt Away!
30 am, a 0.2 percent rise from the previous day’s close. Siemens Energy, Rheinmetall and Qiagen led the…
Main Contract Input Plummets 8% in April
The German Federal Statistical Office (Destatis) has released the latest data on the construction industry, revealing a decline…
New Downturn Ahead?
Economic Expectations Dip Slightly in June, Ifo Institute Reports The Munich-based Ifo Institute, a leading economic research institution,…
Bas Rejects the Proposal, “Discrimination in the Name of Flexibility
Minister of Labor’s Residence Rejects Agricultural Minister’s Proposal for Seasonal Workers’ Exemption from Minimum Wage The residence of…
Funding Tied to Job and Location Security
A leading regional party in Germany’s most populous state has called for closer cooperation between the government and…
‘Climate-Friendly or Goodbye’ – SPD Demands Action
German Steel Production at a Crossroads, as Government Urged to Intervene The German steel industry is facing a…
Hospitals Demand Digital Surcharge to Fund Digitalization
Germany’s Hospital Association in North Rhine-Westphalia Urges Digital Surcharge on Medical Bills The Hospital Association in North Rhine-Westphalia…
BREAK: Ceasefire in the Middle East Sends US Stock Market Soaring!
US Stock Markets Surge as Truce in Israel-Iran Conflict Eases Fears The US stock markets closed with significant…
CDU: SPD’s Health Insurance Grab for the Wealthy is a Recipe for Social Chaos
German Union’s Labor Chief Rejects Higher Health Insurance Contributions for High-Earners The head of the Christian Democratic Employees’…
Government Betrays Economic Promise
German business leaders express dismay at the government’s decision not to reduce the electricity tax for all, as…
Index Soars as Economy Gains Confidence!
German Businesses Show Signs of Improvement in June, Ifo Index Reveals Germany’s business climate index, as measured by…
Market Mood Turns on a Dime
Financial Markets Remain Buoyant Amid Ongoing Global Tensions European stock markets continued their upward trend on Tuesday, with…
What’s Next?
30 am, a 1.7 percent increase from the previous day’s close. Heidelberg Materials, Siemens and Sartorius led the…
Dax Soars as Iran-Israel Ceasefire Calms Markets
The German Dax Index recorded gains on Tuesday, closing at 23,641 points at the Xetra market close, a…
Draft Law Takes First Step Towards a Stronger Economy
Germany’s Industry and Trade Association Welcomes Infrastructure and Climate Neutrality Fund Bill Germany’s Industry and Trade Association (DIHK)…
Germany’s Free Press Demands a Digital Tax on US Tech Giants to Save Journalism
A group of privately operated media houses in Germany are calling for a digital tax on US technology…
Government Opens Door to Exception
German Agriculture Minister Alois Rainer has expressed openness to the German Farmers’ Association’s demand to reduce the minimum…
Airbus Demands a Revolution in European Defense
In a rare display of candor, the head of Airbus, a leading European defense contractor, has urged a…
Oil in Free Fall, Stocks Soar!
US Stock Markets Post Gains on Monday The US stock markets closed with gains on Monday, with the…
Billion-Euro Bailout on the Horizon!
The German government is set to allocate billions of euros to stabilize the social insurance funds in the…
Oil Price Panic Grips Global Markets
European Stocks and Oil Prices Experience Volatility Amid Middle East Tensions As the trading week began, the German…
‘No Way to Exclude Them from a Poverty-Proof Wage’
German Social Democratic Party’s Secretary General Tim Klüssendorf has rejected the demand of the German Farmers’ Association to…
Sales Finally Bounce Back
Economic Indicators Suggest Stabilization in German Small and Medium-Sized Enterprises For the first time in two years, the…
Merkel’s Unapologetic Support for War Efforts
Berlin, Germany – In a speech at the “Tag der Industrie” in Berlin, German Chancellor Friedrich Merz emphasized…
German Industry in Free Fall if US Imposes New Tariffs.
A new trade package from the US is likely to particularly affect the German industry, according to simulations…
Panic Selling Grips European Markets as Oil Prices Soar
European Markets Open with Caution Amid Iran-Israel Tensions The German Dax index opened the trading day with a…
Will the Iran Crisis Spark a Global Sell-Off?
European Stocks and Currencies Remain Calm Amid US-Iran Tensions As the Dax index began the trading day, it…
Tax Breaks Favor the Big, Not the Small
A proposed investment boost by the German government primarily benefits larger companies, according to the German Association of…
Germany’s Big Business Pushes Back Against EU’s Supply Chain Red Tape
European Union’s Supply Chain Regulation Faces Pressure from German Businesses Nine top industry associations in Germany have issued…
German Farmers Demand Radical Overhaul
German agricultural leader calls for sweeping bureaucracy cuts ahead of Berlin conference Ahead of the upcoming German Farmers’…
Farmageddon: Germany’s Farmers Threatened by Minimum Wage Hike
German Farmers’ Leader Warns of Consequences of Minimum Wage Hike The head of the German Farmers’ Association, Joachim…
BREAKING: EU’s Green Claims Directive in Jeopardy: Consumer Advocates Sound the Alarm
European Commission’s Plans to Withdraw Green Claims Directive Spark Concern The European Commission’s unexpected plan to withdraw the…
Industry Chief Sees a Silver Lining in the Economy’s Future
German Industry Federation President Optimistic about Current Government The President of the German Industry Federation, Peter Leibinger, has…
Chemical Industry Demands Investment Boom
A German chemical industry association is urging a stronger focus on the development of waterways, a new policy…
Who’s to Blame for the Delay?
A trade union has expressed sharp criticism over the delay in the general overhaul of Deutsche Bahn’s rail…
Drone Wars: Airbus Unleashes the Future of European Air Defense in a Rush
Airbus Executive Calls for Expedited Development of European Air Defense System and Space Infrastructure In the face of…
Can Social Partners Avoid a Showdown on the Minimum Wage?
German labor union leader Christiane Benner has called on the social partners in the minimum wage commission to…
37% Increase in a Decade!
As the latest data from the pension insurance reveals, the statutory pension for over 21 million retirees has…
Stocks Plummet as Investors Flee to Safe Havens
Financial Markets End the Week with a Mixed Performance The US stock markets closed with a mixed performance…
IG Metall Rips Apart Thyssenkrupp’s Contract Extension
German labor union leader criticizes CEO contract extension In a recent interview with the Rheinische Post, Jürgen Kerner,…
Oil Price Plummets as Tensions Ease
European Stock Markets and Currencies Experience a Boost as Tensions Ease in the Middle East The German Dax…
Will a New US Plant be the Price of Peace with Trump?
Audi Considers New US Plant Amid Trump’s Tariffs In response to the tariffs imposed by US President Donald…
China’s Rare Earth Grip Tightens
German industrial federation urges swift EU action on rare earth exports The German industry federation, the Bundesverband der…
SPD’s Economic Wing Demands Radical Overhaul of German Red Tape
German bureaucratic red tape under scrutiny as coalition government faces pressure to reform The German government, comprising the…
a Bank Account
Financial Inclusion Remains a Challenge in Germany, Consumer Advocacy Group Finds A recent survey conducted by the Consumer…
BREAKING: Oil Price Crash: Dax Soars as Global Markets Breathe a Sigh of Relief!
Financial Markets Edge Up as Tensions in the Middle East Ease The German Dax index maintained its positive…
You Won’t Believe the 5th Highest Prices in the World!
Germany’s Households Pay the Fifth-Highest Electricity Prices in the World, Study Finds A recent analysis by the comparison…
Who Will Lead the Charge to Sustainability?
New Leadership Takes the Helm of the Green Economy Association In a move that is expected to bring…
Public Firms Struggle to Survive
Public Construction Industry Remains Under Pressure in May, Ifo Survey Reveals Despite a significant increase in the construction…
DAX Index Sees a Glimmer of Hope, But Volatility Remains at a 5-Year High
The German Dax index started the trading day on a positive note, with a reading of approximately 23,255…
US Tariffs: German Automakers Pay Half a Billion Euros in April
A deal on US tariffs likely, says German auto industry head The head of the German Association of…
Producer Prices in May Slightly Decreased
Manufacturers’ prices for industrial goods in May 2025 were 1.2 percent lower than in May 2024, according to…
Industry Booms in April Despite Global Turmoil!
According to provisional results from the Federal Statistical Office (Destatis), Germany’s hospitality industry saw a real and seasonally…
Manufacturing Boom: Order Stock Surges 4% in a Year, Lead Time Hits 10.7 Months!
According to preliminary figures from the Federal Statistical Office (Destatis), the adjusted order stock in the manufacturing industry…
Revenue Growth Surpasses Expectations!
German federal budget revenues continue to rise, with a moderate 2.6 percent increase in May compared to the…
Auto Industry Revs Up for Rearmament, But Cars Remain Priority
Germany’s Automotive Industry Offers Support, but Remains Focused on Car Production The German automotive industry has offered its…
Will 15 Euros Become the New Poverty Line?
In a recent interview, the head of the CDU’s social wing, Dennis Radtke, expressed his support for a…
Market Mayhem: Trump’s Fed Fury Sends US Stocks into Free Fall?
The US stock markets presented a mixed picture on Thursday, with the Dow Jones closing at 42,172 points,…
What’s Behind the Market Mayhem?
Stock Market Slumps as Investors Eye Middle East Tensions The German Dax index closed lower on Thursday, with…
BREAKING: Global Markets on the Brink of Chaos as Tensions Reach a Boiling Point
European Markets Experience Volatility Amid Escalating Middle Eastern Tensions The Dax index, a key indicator of the German…
Volvo CEO Stands Firm on EU’s 2035 Combustion Engine Ban
European Automakers Face Pressure as Volvo CEO Defends Emissions Ban The European Union’s plan to ban the sale…
Minister’s Warning on Pharmaceutical Independence
European Health Minister Calls for Increased Pharmaceutical Production on the Continent In a meeting of EU health ministers…
Stocks Plummet as Middle East Tensions Soar
30 am, a decline of 0.6 percent from the previous day’s close. Market analyst Andreas Lipkow attributed the…
Fed’s Rate Cut Outlook Sends US Stock Market into a Tizzy – Two Cuts Expected in 2023?
The US stock markets showed a mixed performance on Wednesday, with the Dow Jones Industrial Average closing at…
Is the Party Over for the Stock Market?
The Federal Reserve, the US central bank, has maintained its interest rate range of 4.25 to 4.5 percent,…
Dax in Freefall as Investors Eye Fed Decision Tonight
Markets in a State of Flux Ahead of Federal Reserve Decision The German Dax index closed lower on…