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Economy / Finance
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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…
Experts Unite Against Bayaz’s Proposal, Call for Pension Reform
Experts and the IG Metall union have criticized a proposal by Baden-Württemberg’s Finance Minister, Danyal Bayaz, to introduce…
Fuel Frenzy: Middle East Tensions Send Gas Prices Soaring!
Oil Prices Rise at German Pumps Amid Middle East Tensions The prices at German gas stations have increased…
Fed Frenzy: Markets Hold Breath as Central Bank’s Next Move Looms Large
European Stock Market and Currency Markets Experience a Calm Trading Day The German Dax index opened the trading…
Package Market Defies Economic Downturn, Grows ‘Robustly’!
In a report presented in Berlin, the German Federal Association of Parcel and Express Logistics (BPEX) revealed that…
Germany’s Economy Under Fire as Tariff Binding Law Sparks Fury
A proposed law on tariff conformity, planned by German Federal Labor Minister Bärbel Bas, has sparked intense opposition…
Study Reveals Germany’s Hidden Financial Crisis
A recent study by the Ifo-Institut, N26 and the Technical University of Munich, based on anonymized bank data,…
A Make-or-Break Moment for the Dax?
30 am, a 0.04% decline from the previous day’s close. Airbus, MTU and Heidelberg Materials led the list…
US Decisions Doom Cologne Plant?
City Officials Criticize Ford’s Decision-Making Amid Crisis at Cologne Plant Cologne’s Mayor, Henriette Reker, has leveled severe criticism…
Germany’s Iron and Steel Exports to US Plummet 0.4%!
Germany’s Iron and Steel Exports to the US Decline Slightly in First Quarter of 2025 According to the…
Producer Prices for Services in Germany Surge to a 5-Year High
The German Statistical Office (Destatis) has reported a 2.8 percent increase in the prices of services in the…
4.9% More Permits in April, a New High!
New Residential Building Permits Issued in Germany in April 2025 According to the German Federal Statistical Office (Destatis),…
UK’s 3.4% Rate Still a Concern
Britain’s Consumer Prices Show Slight Softening in May Inflation Rate According to the UK’s Office for National Statistics,…
The Bonuses that Could Backfire?
A proposed tax incentive for retirees in the fight against the skilled labor shortage, as planned by the…
Building Turbo” Fails to Turbocharge Real Estate Industry’s Expectations.
In a move to address the pressing issue of affordable housing, the German Social Association (SoVD) has welcomed…
Why You Should Invest in the Continent Now
Economist Kenneth Rogoff of Harvard University advises investors to invest in Europe, citing the continent’s potential for growth.…
BREAKING: Wall Street in Free Fall as Trump’s War Threats Send Global Markets Reeling!
US Stock Markets Close Lower, Amid Global Market Volatility The US stock markets closed lower on Tuesday, as…
DAX Plunges into the Abyss of Uncertainty
Financial Markets Experience Volatility Amid Geopolitical Tensions The German Dax index closed at 23,435 points on Tuesday, a…
‘Tap Turned Off’ by 2028
The European Commission has outlined a plan to phase out the import of natural gas from Russia by…
DAX in Free Fall as FMC’s Shocking Cost-Cutting Plans Send Stocks Plunging!
30 pm, a decline of 1.3 percent from the previous trading day. The index was led by a…
86% of Germans Now Bank Online, a Record High!
German citizens’ online banking habits reach a new high, with 86 per cent of the population now using…
Economic Boom Ahead? Germany’s ZEW Index Soars to a 2-Year High!
Economic Outlook Improves in Germany and the Eurozone, According to ZEW Survey The Center for European Economic Research…
Trump’s G7 Exit Sparks Global Market Panic
30 am, a decline of 1.5 percent compared to the previous trading day’s close. Beiersdorf, Porsche and Brenntag…
More Women Working Fewer Hours
In a recent report, the German Federal Statistical Office (Destatis) revealed that, on average, full-time employees in Germany…
5.4 MILLION EMPLOYED IN GERMANY, 1.8% INCREASE IN JUST ONE YEAR!
The German Federal Statistical Office (Destatis) has reported a significant increase in the number of public sector employees…
Shocking Statistics Reveal the Harsh Reality of Aging with a Heavy Load of Debt
A new report from the German Federal Statistical Office (Destatis) has shed light on the debt levels of…
A Tepid Boost, But Still Off Track
Germany’s Companies to Focus on Climate Protection, but Pace Remains a Concern According to a recent survey by…
Mothers’ Rent: A Burden on the Young?
German CDU’s Chief of Social Affairs Johannes Winkel has expressed his opposition to the mothers’ pension, a key…
Will He Fire the Bahn Boss?
German Transport Minister Patrick Schnieder has announced a critical review of the Deutsche Bahn’s board of directors and…
Will Russwurm’s Power Play Save López’s Job?
Thyssenkrupp’s Board of Directors Expected to Approve CEO’s Contract Extension The employees of Thyssenkrupp are anticipating that the…
Will Germany’s Energy Crisis be Solved?
In a bid to clarify the German government’s planned power plant strategy, the Minister of Economics and Climate…
Can the Country Afford New Fossil Fuel Infrastructure?
Germany’s Ruling Coalition Faces Skepticism Over Plans for New Gas Power Plants Germany’s Social Democratic Party (SPD) has…
Markets Soar as Oil Prices Stabilize
Stock Markets Rebound as Tensions Ease, Oil Prices Dip The US stock markets recovered from last week’s decline…
Can the Market Recover from the Abyss?
Stock Market Index Edges Up at the Start of the Week The German Dax index closed at 23,699…
Germany’s Desperate Bid to Keep Workers in the Labor Market
A German think tank, the Institute for Employment and Vocational Research, is calling for new tools to retain…
A Recipe for Disaster?
A dispute has emerged between the German Trade Union Confederation (DGB) and the employers’ association over the government’s…
Dax Stays Afloat, But Will the Market’s Caution Crack?
The German Dax index opened the trading day with a slight positive start and maintained its upward trend…
EU Financial System on the Brink of a Global Stress Test?
European Financial Watchdog Advocates for System-Wide Stress Test of Financial System The European Securities and Markets Authority (Esma)…
Breaking News: EU’s 10% Tariff Compromise: Trump’s “Hidden Tax Increase for Americans”?
EU Commission Reportedly Open to 10% US Tariff as Trade War Prevention Measure According to the German business…
Can the Markets Survive the Escalating Conflict?
30 am, a 0.1% increase over the previous Friday’s close. The top performers in the market included Deutsche…
40% of Companies Already Using Artificial Intelligence
German Economy Drives Adoption of Artificial Intelligence The German economy is continuing to push the use of artificial…
Can Europe’s Stricter Rules Drive Industry to Abandon Ship?
German Industry Fears Climate Regulations May Drive Production Abroad, Hampering Global Efforts Sachsen-Anhalt’s Minister-President, Reiner Haseloff, has expressed…
A ‘Bankruptcy Declaration for Tax Fairness’?
A significant decline in the number of tax audits targeting high-income earners has been revealed, with the German…
Heating Oil Prices Soar After Two-Year Low Amid Middle East Tensions.
Energy Prices in Germany Rise Following Israeli Attack on Iran, Analyst Says According to a recent analysis by…
Minister of Finance Pledges to Speed Up Infrastructure Projects by Working Unconventional Hours
Germany’s Finance Minister, Lars Klingbeil, has expressed his intention to accelerate infrastructure projects, including working on weekends and…
On the Road to Recovery?
BASF Aims to Cut Costs at Ludwigshafen Site by Half a Billion Euros by Year’s End The German…
How Middle East Tensions Could Wreak Havoc on World Markets
Economic Fears Grow as Israel-Iran Tensions Escalate, Warns Trade Chief The escalating conflict between Israel and Iran is…
Insurers Pay Out €350 Million in Damages
Insurance Companies in Germany Pay Record High for Lightning Damages in 2024 According to the annual report of…
Study Debunks Myths on Flex Work
A recent study by the Institute of the German Economy (IW) has found that flexible work arrangements do…
CEO’s Game of Spin-Offs
Thyssenkrupp Considers Major Restructuring, Potential Spin-Off of Steel Division Thyssenkrupp’s CEO, Miguel López, has left the door open…
Red Cross Demands €18 Billion for Climate and Digital Resilience
A German Red Cross President Calls for Investment in Social Infrastructure The President of the German Red Cross,…
Global Markets in Freefall as Mideast Tensions Ignite Wall of Fear
Financial Markets Slump as Tensions in the Middle East Escalate The US stock markets closed significantly lower on…
What’s Next for the Market?
Financial Markets Experience Volatility as Israeli Military Action Against Iran Looms The German Dax index closed the week…
Contract Extension on the Horizon?
Thyssenkrupp CEO’s Contract Expected to be Extended Ahead of Schedule According to sources within the company, the contract…
The End of an Era in Dresden, the Birth of a High-Tech Hub
Volkswagen Drives Forward Reorientation of Dresden Plant In a significant development, Volkswagen is pushing ahead with the reorientation…
RETIREMENT REVOLT: SPD Leader Exposes CDU’s “Pension Cuts” Plan!
A senior Social Democratic Party (SPD) official has refuted the comments made by the German Federal Minister of…
Germany’s Quest for Independence from China’s Rare Earths
Germany’s Efforts to Secure Critical Resources Face Delays The German government has allocated one billion euros for the…
Oil Price Plummets, Stocks Crash, Gold Rises in Desperate Bid for Safety
30 pm, a 1.5% drop from the previous day’s close. Market analysts attribute the decline to the growing…
FUEL APOCALYPSE: Get Ready to Pay the Price for the Middle East Crisis
German motorists can expect higher fuel prices in the wake of the escalating military tensions between Israel and…
How Putin’s War Chest is Filling Up
Russian Exports Surge Despite Western Sanctions, Study Finds Despite the significant economic sanctions imposed by the West, Russia…
ECONOMIC APOCALYPSE: German Expert Warns of Catastrophic Consequences as Middle East Crisis Unfolds
Economic Experts Warn of Severe Consequences for German Economy and Markets Amid Escalating Middle East Tensions As the…
War in the Middle East Sends Shockwaves Through the World’s Financial Systems
30 am, a 1.3% decline from the previous day’s close. Most stocks on the list were trading in…
2% Growth Target in Reach, but Only with Reforms, Ifo Warns
German economic growth prospects are being reevaluated by the President of the Ifo Institute, Clemens Fuest. In a…
Is the Worst Behind Us?
According to preliminary data from the Federal Statistical Office (Destatis), the number of applications for corporate insolvency in…
Coffee and Sugar Soar, Fuels Dive
According to the German Federal Statistical Office (Destatis), the wholesale prices in May 2025 showed a 0.4 percent…
Inflation Rate Hits 2.1% in May, Energy Prices Stabilize
The German Federal Statistical Office (Destatis) has confirmed the inflation rate for May 2025, at 2.1 percent. This…
Merkel’s Successor Demands Rethink on Germany’s €130 Billion Investment Package
German Chancellor’s Investment Package Faces Complications Saxony’s Prime Minister, Michael Kretschmer of the Christian Democratic Union (CDU), has…
Billions Paid to Putin’s War Machine in the Name of ‘Energy Security’
European Union Continues to Import Russian Liquefied Natural Gas in Billions of Euros According to recent Eurostat data,…
US Markets Breathe a Sigh of Relief, Euro Soars to New Heights!
Financial Markets Post Slight Gains in Trading The US stock markets ended the day with a slight uptick,…
Can Europe Still Avoid the Crash?
Economic Experts Warn of Uncertainty Amid Global Trade Tensions Clemens Fuest, the head of the Ifo Institute, has…
Crafts: The Backbone of Germany’s Economy?
German President Frank-Walter Steinmeier Emphasizes the Importance of the Crafts for the German Economy German President Frank-Walter Steinmeier…
What’s Behind the Market Panic?
Financial Markets Experience Mixed Signals as DAX Index Slips The DAX index, a key indicator of the German…