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Economy / Finance
2396 posts
Investment Program on the Brink of Collapse?
The Central Association of German Crafts is urging the swift implementation of the investment program approved by the…
3/4 of Companies Use 28% Less Paper
German Companies Ditch Paper at Alarming Rate, Survey Finds A recent survey by the German IT industry association…
Dax Stays Calm in the Face of Trade War
Financial Markets Stabilize as Frankfurt Stock Exchange Opens The Frankfurt Stock Exchange opened with a steady start on…
Heat Pumps Heat Up Germany’s New Homes, Natural Gas in Decline
Germany sees significant shift to renewable energy in new buildings, with heat pumps playing a major role. According…
Germany’s Richest 1%: Millionaire Count Surges Amid Pandemic
According to the Federal Statistical Office, in 2021, approximately 34,500 of the 194,000 tax-payers in Germany with a…
TARIFF TERROR: US Steel and Aluminum Tariffs Send Global Markets Reeling
US Steel and Aluminum Tariffs Rise to 50 Percent, Affecting Global Trade As announced by US President Donald…
German Unions Slam ‘Second-Class Workers’ Right’ for Older Employees
German Trade Union Federation Rejects Proposal for Looser Protection for Older Workers The German Trade Union Federation (DGB)…
Succession Crisis Looms Large
German Industry Leader Warns of Mass Exodus of Entrepreneurs if New Government Fails to Act The president of…
Job Market Magic Ignites Bull Run
Stock Markets Rise as US Job Data Surprises to the Upside The US stock markets closed on a…
DAX Turns Positive, But Summer Dullness Looms Over European Markets
Markets in Germany and Europe Show Caution Amid Summer Heat The German Dax index, a benchmark for the…
20,000 Employees Already Out the Door, the End of an Era?
Volkswagen AG Makes Progress in Restructuring Efforts, Reaches Milestone in Early Retirement Agreements Volkswagen AG has made significant…
Eurozone Inflation Plummets to 1.9%: Is the ECB’s Target Finally in Sight?
European Inflation Rate Declines in May, Reaches 1.9% The European Union’s statistics agency, Eurostat, reported a decrease in…
German Investments in the US Plummet to Historic Lows
German Businesses Invest Less in the US under Trump Administration, Data Suggests According to a new analysis by…
Dax Plunges into the Abyss as Hedge Funds Bet on Doom
30 am, a decline of 0.3 percent compared to the previous day’s close. Vonovia, MTU and Deutsche Telekom…
OECD Warns of Global Slowdown
The Organization for Economic Cooperation and Development (OECD) has issued a warning about a slowdown in the global…
US Tariffs Wreak Havoc on German Carmakers
German Automaker Industry’s Business Climate Index Continues to Decline The German automobile industry’s business climate index, as measured…
766 Million Euro Hole in German Economy
A recent report by the German Customs Office has revealed a significant increase in the financial damage caused…
COLD TRUTH: Respiratory Illnesses Wreak Havoc on NRW Workforce, Absences Skyrocket
A significant spike in respiratory illness cases in North Rhine-Westphalia, a federal state in western Germany, has led…
Oil Price Soars on OPEC+ Deal, US Stocks Calm Down on Stimulus Hopes
The US stock markets closed with gains on Monday, with the Dow Jones Industrial Average calculated at 42,305…
German Inland Shipping Workers to Get a 7.4% Pay Bump in a Year!
German employees of the inland waterway shipping industry are set to receive a pay increase, as the service…
ECB Rate Cut and German Government’s Fiscal Policy in Focus
The German Dax index opened the new trading week with losses, closing at 23,930 points, a decline of…
Ryanair’s $100 Billion Bet on Germany’s Lower Fees
Ryanair Considers Expanding German Operations, Hinging on Reduced Taxes and Fees Ryanair’s CEO, Eddie Wilson, has sent a…
Valeo CEO Demands ‘Local Parts’ Rule to Save the Day
European Automaker Supplier Chief Advocates for Local Content Rule in European Car Production The head of the French…
Amazon’s Grip on Prices Sparks Antitrust Fears in Germany
German antitrust authorities have raised concerns over Amazon’s pricing restrictions on its marketplace, deeming them “competition-poorly-thought-out”. According to…
EU Slaps Record-Breaking Fine on Food Delivery Giants for Secret Deal
The European Commission has imposed a fine of 329 million euros on food delivery services Delivery Hero and…
US Tax Plan Ignites Trade War Fears!
European Stock Markets and Currencies in Focus as US Fiscal Policy Concerns Mount The German Dax index continued…
Trump’s Economic Blunder Exposed
Economic Experts Warn of Negative Consequences of US Tariffs on Economy and Budget According to the Ifo Institute,…
Tariffs Trigger Market Panic
Financial Markets in Frankfurt Experience Early Losses on Monday The Frankfurt stock exchange opened the trading day on…
Coffee Crisis: Prices Skyrocket by 31.2% in 4 Years – What’s Behind the Jolt?
Consumer Prices for Coffee Rise Sharply in Germany According to the German Federal Statistical Office (Destatis), the prices…
KfW’s Plan to Arm the Continent
European State-Backed Lender Explores Defense Industry Cooperation with European Partners The state-backed lender is exploring the possibility of…
Thyssenkrupp’s Bleak Future for Steel Division
Thyssenkrupp Steel’s New Leadership Pursues Social Plan for Displaced Workers Thyssenkrupp Steel’s management is seeking to establish a…
‘Let Us Survive’ on the European Market
German Farmers’ Association President Sees Industry as Prepared for Climate Changes, but Demands More Entrepreneurial Freedom The president…
ENBW CEO Warns of Overbuilding and Costly Mistakes
Energy Executive Questions Ambitious Plans for New Gas Power Plants Georg Stamatelopoulos, the head of German energy company…
Federal Aid Demanded Before Summer Break
Germany’s Hospital Association Urges Swift Financial Aid as Summer Break Looms The Die Krankenhausgesellschaft Nordrhein-Westfalen (KGNW), Germany’s hospital…
AI Won’t Steal Your Job, It’s an Opportunity for a New Career
The debate over the impact of artificial intelligence (AI) on the job market continues, with opinions divided among…
Meat’s Last Stand?
Rügenwalder Mühle’s New Chief Emphasizes Meat Alternatives The newly appointed head of the Rügenwalder Mühle, Jörg Pfirrmann, has…
Dependence on Western Tech Leaves Military in a Bind
Russian Military’s Reliance on Western Chip Technology Raises Concerns Internal documents from a Russian arms firm, reviewed by…
Germans Waste Big on Electricity After Relocations
As millions of households in Germany move annually, many are likely to overpay for electricity due to a…
Frei’s Scorching Call to Seize the Day
German Minister of State Thorsten Frei Calls for Intensified Debate on Seized Russian State Assets In a recent…
Will the German Government’s Plan Pay Off?
In a move seen as a positive signal, the German Association of Driving Schools (BVF) has welcomed the…
German Industry on Brink of Collapse as China’s Export Restrictions Bite
A German industry has expressed alarm over the restrictions imposed by China on the export of rare earths.…
EU Warns Against National Isolation, as Germany Prepares to Go Solo
European Economic Research Centre Warns Against National Isolation in Digital Tax Talks The Centre for European Economic Research…
Corporate Tax Cuts Won’t Save the Economy, But a Step Back in Civilization is Real
A top union official has expressed skepticism over the German government’s plan to reduce the corporate tax burden,…
Medium-Sized Enterprises in Free Fall
According to a new report by KfW-Research, the number of German mid-sized enterprises operating abroad has significantly decreased,…
The End of the Bull Run?
Financial Markets Experience Mixed Trading as US-China Trade Tensions Linger The US stock markets displayed a mixed performance…
Consumer Advocate Open to Digital Tax in Germany
Consumer Advocates Call for Digital Tax on US Tech Giants Consumer protection organization, Verbraucherzentrale Bundesverband (VZBV), has expressed…
DAX’s Winning Streak Ends, But US Economic Data Shines
The German stock market, as measured by the Dax, ended the week on a positive note. The index…
Can the Country Catch Up and Become a Digital Powerhouse?
In a recent interview, Ralf Wintergerst, the President of the German digital industry association Bitkom, expressed optimism about…
Will Half of Medical Experts Be Replaced in a Decade?
Berlin’s Former Charité Head Expects Artificial Intelligence to Revolutionize Medicine Berlin’s former Charité head, Karl Max Einhäupl, believes…
A Fairer System on the Horizon?
German Digital and State Modernization Ministry welcomes the initiative of Culture Minister Wolfram Weimer to introduce a tax…
20,000 Jobs on the Line?
Thyssenkrupp’s Restructuring Plans Raise Concerns Over Thousands of Job Cuts The proposed restructuring plans of Thyssenkrupp’s CEO, Miguel…
Inflation Stagnates: Germany’s Price Hike Mystery Unraveled?
Germany’s Consumer Price Index Remains Steady in May 2025 According to the Federal Statistical Office, the annual rate…
Tariff Tornado: Europe’s Economy at Risk of Devastation
Washington’s Tariffs Threaten to Have Far-Reaching Consequences, Warns Bremen’s Chief Executive Bremen’s government leader, Andreas Bovenschulte of the…
Greenwashing or Green Progress?
As the global push for climate action intensifies, a group of 40 German companies, including those listed on…
DAX Soars to New Heights at Noon, But Will the Data Flood Bring a Crash?
European and US Economic Data in Focus as Markets Await Key Releases The German Dax index continued its…
Germany’s Unemployment Fund Faces a Multi-Billion Euro Crisis
In a move to counter expected rising unemployment, the German federal government plans to provide a loan of…
Inflation Stagnates, But Don’t Breathe a Sigh of Relief Just Yet
German inflation rates likely to remain steady in May, early data suggests. According to initial numbers from the…
Will Inflation Data Spark a Shift in the Market’s Focus?
30 am, a 0.4 percent increase from the previous day’s close. Market analysts, however, remain cautious, citing the…
Rossmann’s Shocking Call for a New Era of Corporate Taxes
German retail chain executive calls for corporate tax reform, citing progressive taxation model. Raoul Roßmann, the head of…
Retail Apocalypse: April Sales Plummet 1.1%!
According to the Federal Statistical Office, the turnover of single-store retail businesses in Germany decreased by 1.1% in…
Tariffs and Structural Woes Take a Toll
Chemical Industry’s Business Climate Deteriorates in May, Ifo Index Shows The business climate in Germany’s chemical industry has…
A $10 Billion Bet on a US Deal
Volkswagen Engages in Direct Talks with US Government to Settle Tariff Dispute, Offers Additional Investments in the US…
Can Germany’s Defense Industry Deliver?
A senior executive of the German Association of the Security and Defense Industry has expressed a positive view…
Market Mayhem: Stocks Soar, Then Stumble, as Trump’s Tariffs Face Uncertain Fate
Financial Markets Experience Volatile Trading, Ending in Positive Note US stock markets exhibited a mixed performance on Thursday,…
Tariffs Will Lose, Consumers Will Pay the Price
Henkel CEO Carsten Knobel Expects a Positive Resolution to the US Tariff Dispute Henkel’s CEO, Carsten Knobel, has…
The Battle for a More Equal Parenting in Germany
A German labor union in the state of North Rhine-Westphalia is expressing concern over the low number of…
Dax Dives into Deflation – Trump’s Loss Fails to Revive Rally.
The German DAX index closed at 23,933.23 points on Thursday, a decline of 0.44 percent from the previous…
Can a Cruise Ship Builder Sink or Swim in the Frigate Market?
German shipyard Meyer Werft in Papenburg, rescued by the federal government and the state of Lower Saxony, is…
A ‘Brainchild of the Political Bubble’?
German Trade Union Federation’s Leader Criticizes the New German Government’s Labor Reforms The head of the German Trade…
DGB Chair Issues Ultimatum: ‘Clear Jump’ to 60% of Median Wage or Government Intervention
German Trade Union Leader Warns of Potential Obstacles to Minimum Wage Increase The head of the German Trade…
Stocks Soar Despite Tariff Turmoil!
European Stock Markets Maintain Positive Trend on Ascension Day The DAX index, a benchmark for the German stock…
Trump’s Tariffs May Only Be the Beginning
A leading economic institute director has cautioned against misconstruing the recent court decision on the US tariffs as…
BREAKING: EU’s Fate in the Balance as Chinese Counterfeits Flood the Market
A German trade association has urged the country’s finance minister to push for faster and more effective measures…
The Uyghur Workers Behind Your Global Goods
A new investigation by a coalition of international media outlets has uncovered a massive scale of forced labor…
Will the Customs Conflict Finally Subside?
In the ongoing trade dispute between the United States and the European Union, the German Industry and Trade…
Dax Soars as Trump’s Tariff Defeat Sends Global Markets into a Frenzy
Financial Markets in Frankfurt Experience Initial Gains on Easter Monday The Frankfurt Stock Exchange saw a positive start…
Mercedes Sees the US as a Growth Market, Despite Tariffs
Mercedes-Benz CEO Optimistic on US Growth, Despite Trade Tensions The head of Mercedes-Benz, Ola Källenius, remains optimistic about…
Tariffs Tumble: US Court’s Bombshell Ruling Brings Trump’s Global Trade War to a Screeching Halt
A US court has largely deemed the global tariffs imposed by President Donald Trump to be unlawful. The…
Google and Co. in the Crosshairs
Germany’s government, led by the black-red coalition, is considering a bold move to tax digital internet giants like…
The $64 Billion Question
Global Markets Experience Mixed Performance as Investors Await Earnings Reports The US stock markets closed the day with…
Coalition to Unleash 500 Billion Euro Infusion Before Summer’s End?
Berlin, Germany – The newly formed coalition of CDU, CSU and SPD has announced plans to swiftly introduce…
Lagarde Rumors Send Shockwaves Through Markets
The German Dax index fell on Wednesday, closing at 24,038 points, a decline of 0.8 percent from the…
Tariff Truce: German Auto Giants in Secret Talks with US to Avoid $10 Billion Hit
In a bid to ease the ongoing trade tensions, the German automotive industry is in intense negotiations with…
FUEL SURPRISE: Prices Plummet Before the Holiday!
German fuel prices have recently seen a decline, with the national average price of Super E10 and diesel…
The End of the Bull Run is Nigh?
Financial Markets Maintain Positive Sentiment Amid Global Uncertainties The German DAX index opened the day on a positive…
BREAKING: Commerzbank Defies the Norm, Abandons Office Quotas Forever!
Commerzbank Sets a New Standard in Flexible Working Arrangements In a move that sets it apart from its…
Unemployment on the Rise, No End in Sight
German labor market data shows a mixed picture in May 2025, with an increase in unemployment and a…
Will the Dax Index Keep Soaring?
30 am, a 0.3% increase from the previous day’s close. Rheinmetall, Qiagen and Airbus led the list of…
ECB Warns of New Inflation Storm
European Central Bank Chief Economist Philip Lane Warns of New Challenges Ahead The European Central Bank’s (ECB) Chief…
Energy Prices Crash 11.2%
Germany’s Import Prices Drop in April, Energy Sector Drives the Change The German Federal Statistical Office (Destatis) reported…
Germany’s Workforce Hits a Plateau, Unemployment on the Rise
Germany’s Labor Market Remains Stable in April, with Slight Increase in Employment According to the German Federal Statistical…
Business Climate Improves, but Price Hikes Loom
Economic Sentiment in German Retail Sector Shows Slight Improvement in May According to the Ifo Institute in Munich,…
10,000 and Counting: Skilled Worker Visa Hits One-Year Milestone
According to a recent analysis by the German Centre for Integration and Migration Research, the first year of…
CDU Warns of ‘Unfair’ Citizen’s Allowance Abuses
A senior official of Germany’s Christian Democratic Union (CDU) has cautioned the country’s Labor Minister, Bärbel Bas of…
A Glimmer of Hope in the Trade War?
Financial Markets Soar as US-China Trade Tensions Ease US stock markets surged on Tuesday, with the Dow Jones…
Thyssenkrupp’s CEO: ‘It’s Not a Breakup, It’s a Separation’ – But Can He Sell the Spin-Off Plan to the Employees and Shareholders?
Thyssenkrupp’s CEO Defends Plans to Spin Off Five Business Segments into Independent Companies Thyssenkrupp’s CEO, Miguel López, has…
Is the US the Key to a Sustained Bull Run?
The German stock market index, Dax, reached a new record high on Tuesday, closing at 24,226 points at…
German Social Insurances Wasting a Quarter of a Trillion on Red Tape
German Social Insurance Funds Spend 25 Billion Euros on Administrative Costs Annually According to a recent report by…
Germany’s Tech Giants Unite to Build the AI Gigafactory of the Future?
Technology Giants in Germany Consider Joint AI Gigafactory Venture Several major German technology companies are reportedly planning to…
Dax Soars: Is Germany’s Economic Resurgence the Start of a New Era?
Financial Markets Maintain Optimistic Tone as German Index Rises The German Dax index continued its upward trajectory on…