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Economy / Finance
4722 posts
Strawberry Harvest Plummets to Historic Low
Initial estimates from Germany’s Statistical Federal Office (Destatis) indicate a significantly reduced strawberry harvest for the current year.…
Factory Prices Continue to Fall
Producer prices for industrial products declined by 1.3 percent in June 2025 compared to June 2024. This represents…
Housing Approvals Plummet in Germany
Official data released Friday by the Statistical Federal Office (Destatis) indicates a fluctuating landscape in German residential construction…
Ifo Slams Economic Policy Priorities
A prominent economist has delivered a mixed assessment of the German government’s economic and financial policies, particularly regarding…
Hubertz Eyes Apartments in Empty Offices and Stores
The German government is prioritizing innovative strategies to address housing shortages, focusing on repurposing vacant commercial spaces and…
Construction Starts Plummeting
A significant decline in residential construction starts has been observed in Germany, according to a recent report by…
Stocks Surge US Markets Hit Record High
US equity markets saw a positive performance on Thursday, fueled by encouraging economic data. The Dow Jones Industrial…
Industry Deals Risk US EU Trade War
Concerns are mounting within German industry regarding potential negotiations between the United States and the European Union aimed…
Stocks Surge on US Retail Data
The German DAX index experienced a significant increase on Thursday, closing at 24,371 points – a gain of…
DZ Bank Expands Global Reach
The German cooperative banks’ leading institution, DZ Bank, is embarking on an ambitious international expansion strategy, aiming to…
Trump Dollar Devaluation Risks Global Backlash
Renowned economic historian Harold James has cautioned against the potential for a currency crisis should the Trump administration…
Rürup Slams Proposed Pension Tax
Prominent pension expert Bert Rürup has cautioned against a proposed supplementary levy on income from retirement benefits targeted…
Germany Urges Speed in Resource Security
The German government’s international cooperation agency, GIZ, is emphasizing the urgency of securing access to essential raw materials.…
Dax Holds Steady Amid Earnings Season
The German stock market opened positively on Thursday, maintaining a bullish trend through midday trading. The leading DAX…
Dax Rises Investors Eye Opportunities
The DAX index opened Thursday’s trading session with gains, reflecting a positive sentiment among investors. By 9:30 AM,…
Study Finds Infrastructure Spending Misses Mark
A recent study by the Ifo Institute suggests that increased state investment in infrastructure requires a more targeted…
Industry Orders Rise Slightly
Germany’s manufacturing sector saw a modest increase in order backlogs during May 2025, according to preliminary data released…
Party Calls for Food Price Watch
A leading figure within the German Left Party is calling for increased state oversight of food prices, arguing…
Workers Report High Job Motivation
A recent study by professional services firm EY, surveying 2,000 German employees, reveals a complex picture of workforce…
Stocks Surge After Powell Comments
US markets saw gains on Wednesday, bolstered by comments from President Trump regarding the Federal Reserve. The Dow…
Stocks Dip Ahead of US Earnings
The DAX experienced a slight downturn on Wednesday, closing at 24,009 points – a 0.2% decrease compared to…
Economist Praises “Boomer Tax” Idea
The chair of the Expert Council for Economic Affairs (SVR), Monika Schnitzer, has expressed support for a proposed…
Taxpayer Group Slams Generational Tax Plan
A proposal for a supplementary levy targeting high earners in retirement, dubbed a “Boomer-Soli” (roughly translating to “Boomer…
Dax Rallies Midday Led by Zalando
Trading on the Frankfurt Stock Exchange saw a turnaround on Wednesday, shifting from a sluggish morning start to…
Gas Prices Fall Diesel Remains High
Fuel prices across Germany have recently decreased, offering a slight relief for drivers. According to a recent analysis…
Electric Car Sales Surge in Germany
Germany has witnessed record-breaking electric vehicle (EV) registrations in the first half of 2025, according to data released…
Boomer Tax Sparks Debate
A proposal for a special levy on higher retirement incomes, dubbed a “Boomer-Soli” has been put forward by…
Price Controls Challenge Fails at Germany’s Top Court
The Federal Constitutional Court has rejected two constitutional complaints filed by pharmaceutical companies challenging measures aimed at drug…
Daimler Truck Presses On With Job Cuts
Daimler Truck’s Chairwoman, Karin Radström, is maintaining her plans for workforce reductions despite significant opposition from the company’s…
Dax Dips Fed Rate Hike Doubt
The DAX index commenced trading on Wednesday with minor losses. By 9:30 AM Central European Time, the leading…
Housing Market Optimism Rises
Sentiment in Germany’s residential construction sector experienced a noticeable improvement in June, according to the latest data from…
Bundesbank Hints at ECB Rate Pause
Bundesbank President Joachim Nagel has signaled a preference for a pause in interest rate hikes ahead of the…
Stocks Waver Amid Inflation Fears
US stock markets presented a mixed performance on Tuesday, closing with varied results. The Dow Jones Industrial Average…
EU Targets US Industries Over Tariff Dispute
The European Commission is preparing a comprehensive list of potential tariffs on US imports should negotiations with the…
Germany France Unite to Boost Startups
European finance ministers from Germany and France are collaborating to bolster conditions for entrepreneurs and foster the growth…
Stocks Slide Amid Inflation Fears
The German stock index, the DAX, experienced a decline on Tuesday, closing at 24,060 points. This represents a…
Holzmann Urges Tighter Eurozone Policy
As his term on the European Central Bank (ECB) Council draws to a close, Austrian Nationalbank Governor Robert…
Saarland Cheapest Gas Again
Fuel prices across Germany continue to vary significantly by region, with the Saarland again emerging as the most…
US Inflation Climbs to 2.7 Percent
The annual inflation rate in the United States has recently demonstrated a noticeable increase. Data released Tuesday by…
VW Plans China-Focused EVs and Unified Software
Volkswagen is accelerating its efforts to increase local capabilities and control within the Chinese market, according to comments…
Farm Groups Fear Losses After Wage Ruling
A legal review commissioned by the Ministry of Agriculture has determined that exemptions from minimum wage laws for…
Dax Rises Analysts Bullish
The DAX index maintained a positive trajectory on Tuesday, building on an encouraging start to the trading day…
German Economic Outlook Brightens
The Center for European Economic Research (ZEW) reported a continued recovery in German economic sentiment for July 2025,…
Hessen Rejects EU Market Watchdog Shift
The state government of Hesse is voicing opposition to European Union proposals that would transfer oversight of the…
Dax Rises Ahead of Key Data
The German stock market opened Tuesday morning with a positive trend. By 9:30 am local time, the benchmark…
Battery Storage Costs Ruling Sparks Debate
The Federal Court of Justice (BGH) in Karlsruhe has overturned a previous ruling, affirming the authority of the…
Overseas Flights Surge in Price
Data released Tuesday by the Statistical Federal Office (Destatis) indicates a rise in the cost of international air…
Wholesale Confidence Brightens
Business confidence in the German wholesale sector, dealing in raw materials, intermediate products, machinery and equipment, saw a…
EU Considers Tariffs on Temu for Revenue
the implementation of tariffs on goods imported from China, particularly through online retail platforms.. Speaking to the Mediengruppe…
Germany Presses US Trade Pressure
Franziska Brantner, leader of the Green Party, has urged Chancellor Friedrich Merz of the Christian Democratic Union (CDU)…
Stocks Pause Amid Tariff Concerns
US markets displayed a cautious performance on Monday, exhibiting a degree of resilience following recent trade-related announcements. The…
Business Groups Urge Pension Plan Halt
Employer associations are voicing strong criticism of the German government’s proposed pension reforms. Rainer Dulger, President of the…
Merz Plan Sparks Outcry Over Welfare Rent Caps
A proposal by Christian Democratic Union (CDU) leader Friedrich Merz to cap rental costs for individuals receiving citizen’s…
Stocks Slip Amid Tariff Watch
The DAX index experienced a decline at the start of the trading week, closing at 24,160 points –…
Oetker Buys German Baking Specialist Kathi
The Oetker Group has announced an agreement to acquire Kathi, a manufacturer specializing in baking mixes and flour…
EU Fights Back Against US Tariffs
The European Union is preparing retaliatory measures in response to the United States’ announcement of impending tariffs on…
New Economist Joins German Ministry
The German Ministry for Economic Affairs and Climate Action is undergoing a significant restructuring of its leadership, with…
Commerzbank Defends Independence Amid Unicredit Stake
The recent increase in UniCredit’s stake in Commerzbank to 20 percent appears to be having no immediate impact…
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,…