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Economy / Finance
3237 posts
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…
German Stocks Surge Amid Ukraine War Hope
German stock market indices experienced gains on Thursday, with the DAX closing at 24,193 points, representing a 1.1…
Stocks Mixed Oil Prices Fall
US equity markets presented a mixed performance Thursday, with the Dow Jones Industrial Average closing at 43,969 points,…
Audi Union Leader Demands German Site Guarantees
The head of Audi’s Works Council, Jörg Schlagbauer, is seeking firm commitments regarding German facilities as the company…
German Exports Rise Imports Surge
German trade figures for June 2025 reveal a mixed picture, with export growth moderating while import volumes increased.…
US Travel Reputation Suffers
Booking Holdings CEO Glenn Fogel has expressed concerns regarding the perception of the United States as a travel…
Chemical Industry Faces Mounting Concerns
The business climate within Germany’s chemical industry has continued to deteriorate, according to the latest data released by…
Energy Giant Questions EU-US Deal
RWE, Germany’s largest energy company, has expressed skepticism regarding the recently agreed energy deal between Brussels and Washington.…
Public Banks Back City Utility Funding
German public banks are proposing a novel financing model designed to bolster the financial stability of municipal utilities,…
Tariffs Take Effect Trade Tensions Rise
Increased tariffs imposed by the United States, initially announced some time ago, went into effect early Friday morning.…
Used Cooking Oil Biodiesel Climate Claims Scrutinized
A recent study commissioned by the German Environmental Aid (DUH) is questioning the climate-friendliness of biodiesel derived from…
Stocks Surge Oil Prices Fall
US equities advanced on Wednesday, concluding a session of mixed signals and shifting geopolitical pressure. The Dow Jones…
AI Now Aids Half of Germans
A recent survey indicates a growing acceptance of artificial intelligence (AI) among German citizens. Conducted by the polling…
Retailers Struggle With Social Media
A recent survey by the German IT industry association, Bitkom, reveals significant challenges faced by German retailers in…
Stuttgart 21 Ruling No Immediate Impact
The Federal Ministry of Transport does not anticipate the recent ruling by the Baden-Württemberg Administrative Court concerning the…
Diesel Prices Drop Gasoline Holds Steady
Recent analysis from the German Automobile Club (ADAC) indicates a decrease in diesel prices across Germany compared to…
Stocks Retreat Earnings in Spotlight
The DAX index experienced a subdued trading day on Wednesday, ultimately remaining narrowly in positive territory despite an…
Italian Media Giant to Acquire ProSiebenSat.1
The executive leadership of ProSiebenSat.1 has approved the acquisition by the Italian media conglomerate MFE, formerly known as…
Dax Climbs Nears 24000
30 AM.. This represented a gain of 0.6 percent compared to the previous day’s closing level. Vonovia, Heidelberg…
Industry Orders Fall Signals Economic Headwinds
German Manufacturing Orders Decline in June, Driven by Lower Demand in Key Sectors Preliminary data released Wednesday by…
Audi to Build First US Factory
Audi is reportedly considering establishing a production facility in the United States, a move potentially accelerated by the…
Economist Slams Pension Plan
Leading economic advisor Veronika Grimm has voiced sharp criticism of the German government’s proposed pension package, slated for…
Gas Bill Relief Germany Sees 34 Billion Euro Cut
The German federal government is planning a relief package of approximately €3.4 billion for natural gas customers by…
Stocks Dip Trump Threatens Tariffs
US equity markets experienced a slight downturn on Tuesday, concluding a day of cautious trading. The Dow Jones…
Consultants Ascend to Power in German Corporate Giants
A significant trend is emerging within Germany’s top corporations, as former employees of consulting firms increasingly populate executive…
Stocks Rally Oil Prices Fall
The German stock market experienced a positive session on Tuesday, with the DAX index closing higher. At the…
Stocks Edge Higher Midday
The German stock market benchmark, the DAX, maintained a positive trajectory throughout Tuesday’s trading session, holding above previous…
Ukraine War Drives Up German Rents
Data from the Berlin-based research institute Empirica reveals a significant surge in advertised rental prices across Germany since…
Job Prospects Top Aid For Ukrainian Refugees
A recent study by the Ifo Institute has revealed that Ukrainian refugees prioritize countries offering strong job prospects…
Court Orders Deutsche Bahn to Cover Stuttgart 21 Overruns
The German national railway company, Deutsche Bahn, will bear the substantial additional costs associated with the Stuttgart 21…
Dax Rallies Market Rebounds
The German stock market opened Tuesday with modest gains, continuing a positive start to the trading week. Around…
Service Sector Sales Dip
Preliminary data released Tuesday by the German Federal Statistical Office (Destatis) indicate a slight contraction in Germany’s service…
Ukraine Group Slams Soders Benefit Cut Proposal
The head of the Allianz Ukrainischer Organisationen, Oleksandra Bienert, has strongly criticized a recent proposal by Markus Söder,…
Stocks Surge on Weaker Jobs Data
US equity markets surged on Monday, marking a robust start to the trading week. The Dow Jones Industrial…
Gas Power Plans Face Climate Union Pushback
Plans by German Minister for Economic Affairs, Katherina Reiche (CDU), to incentivize the construction of new natural gas-fired…
German Automakers Boost Self-Registrations
German automakers registered a significantly higher volume of vehicles under their own names during the first half of…
Klingbeil Defends Aid for Ukrainian Refugees
Finance Minister Lars Klingbeil has dismissed calls from CSU leader Markus Söder to abolish welfare benefits, known as…
German Stocks Surge Demand Rises
The German stock market opened the week with a significant upward trend. The DAX index closed at 23,757…
Ukraine Refugees Boost German Workforce
The number of Ukrainian refugees in employment subject to social security contributions has risen significantly, according to a…
German SMEs Face Tighter Credit
A new study released jointly by KfW and the Ifo Institute for Economic Research reveals a worsening of…
Apothecary Closures Threaten Germany
Germany faces a growing risk of pharmaceutical supply shortages and reduced access to essential medications, according to warnings…
Dax Climbs Mood Remains Positive
The DAX index experienced a sustained upward trajectory on Monday, continuing its positive start to the trading day…
Dax Rises After Friday Drop
The German stock market opened Monday with gains, rebounding from significant losses experienced on Friday. The leading index,…
5G Faces Reality Gap
Six years following the commencement of a multi-billion-euro 5G frequency auction, the rollout of the new mobile standard…
Auto Sector Sees Rising Optimism
Sentiment within Germany’s automotive industry has recently seen a positive shift, according to the latest data released by…
CDU Warns Against Cutting Aid to Ukrainian Refugees
Senior figures within the Christian Democratic Union (CDU) have voiced concerns regarding a proposal from Markus Söder, leader…
Housing Demand Needs Rethinking
Germany faces a growing crisis of affordable housing, exacerbated by rising expectations and an increasing demand for space,…
Benefit Costs Surge Union SPD Demand Tougher Rules
Rising costs associated with the German citizens’ allowance (Bürgergeld) are prompting calls for stricter measures against those perceived…
Nagel Studio Owners Fear Broad Suspicion
The German Association of Nail Technicians (VNDD) has voiced strong criticism of a draft bill proposed by Finance…
Restaurant Crisis Looms Tax Cut Falls Short
The German hospitality sector is facing mounting pressure from staffing shortages, rising costs and concerns about a potential…
Younger Consumers Willing to Pay More for Meat
A recent study by the German Institute for Economic Research (IW) reveals significant generational differences in attitudes towards…
German Retailers Push for Tariffs on Chinese Imports
The German retail association, the Handelsverband Deutschland (HDE), is calling for stricter measures against Chinese online marketplaces such…
Energy Bill Overpayments Hit Billions for Germans
Millions of households across Germany are facing inflated costs for electricity and gas due to remaining in standard…
Reform Hopes Face Reality Check
Government officials are tempering expectations regarding potential reforms to Germany’s social welfare system, acknowledging the complexity of coordinating…