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Economy / Finance
3237 posts
Heating Aid Focuses on Lower Incomes
A leading figure within the Social Democratic Party (SPD) is advocating for a more equitable distribution of financial…
July 27, 2025
Online Pharmacy Discounts Face New Restrictions
The German Federal Ministry of Health, led by Minister Nina Warken (CDU), is planning a ban on online…
July 26, 2025
Business Calls for Easier Immigration
German businesses and industry associations are voicing concerns about a potential shortage of lower-skilled workers, even as the…
July 26, 2025
Home Office Tax Break Favors Top Earners
A recent analysis of German income tax statistics reveals a notable disparity in the benefits derived from various…
July 26, 2025
Qatar Threatens Gas Cuts Over EU Climate Rules
Qatar has reportedly warned European nations that it may halt natural gas deliveries if the European Union does…
July 26, 2025
Gas Power Expansion Risks Billions
The German Environment Agency (UBA) has voiced sharp criticism of plans by Federal Minister for Economic Affairs, Katherina…
July 26, 2025
Stocks Surge Records Shattered
US equity markets closed higher on Friday, buoyed by ongoing speculation surrounding potential trade agreements. The Dow Jones…
July 25, 2025
Germany Braces for Economic Slowdown
The German economy’s recent rebound may prove to be short-lived, according to Federal Minister for Economic Affairs, Katherina…
July 25, 2025
Stocks Slip Deadline Looms
The German stock market benchmark, the DAX, experienced a decline at the close of trading today, ending the…
July 25, 2025
Housing Boom Signals Social Change
A potential shift is underway in the provision of social housing in Germany, according to Federal Minister for…
July 25, 2025
Reich Calls for Increased German Work Effort
German Minister for Economic Affairs, Katherina Reiche of the Christian Democratic Union (CDU), has urged citizens to consider…
July 25, 2025
Left Demands Auto Industry Overhaul
Following a significant decline in profits reported by the Volkswagen Group for the second quarter, a leading German…
July 25, 2025
Dax Rebound VW Defies Losses
The German DAX index continued its downward trend throughout Friday morning following a weak start to the trading…
July 25, 2025
China Dependence Sparks German Concern
Following the recent EU-China summit, several German politicians are raising concerns regarding potential over-reliance on China for critical…
July 25, 2025
Counterfeit Euros Surge in Germany
The German Central Bank, Deutsche Bundesbank, removed approximately 36,600 counterfeit Euro banknotes from circulation within Germany during the…
July 25, 2025
German Economy Sees Limited Boost
German businesses reported a slight improvement in sentiment during July, according to data released Friday by the Ifo…
July 25, 2025
Stocks Slip Amid VW Profit Concerns
30 AM.. This represents a decline of 0.8 percent from yesterday’s closing level. Shares of Volkswagen were among…
July 25, 2025
Construction Orders Level Off
Construction sector order intake experienced a slight decrease in May 2025, according to data released by the Federal…
July 25, 2025
Volkswagen Profit Plummets
Volkswagen Group Reports Significant Earnings Decline in Second Quarter The automotive giant Volkswagen Group has announced a substantial…
July 25, 2025
BYD Dismisses EU Tariff Concerns
Chinese electric vehicle manufacturer BYD has refuted recent reports suggesting a shift in its European production strategy, indicating…
July 25, 2025
Pensioner Reliance on Aid Rising
A growing number of retirees in Germany are increasingly reliant on basic social security benefits, commonly known as…
July 25, 2025
Elderly Germans Need More Aid
A growing number of retirees in Germany are increasingly reliant on basic social security benefits, commonly known as…
July 25, 2025
Intel Abandons Magdeburg Chip Plant
Intel has announced a significant shift in its European expansion strategy, effectively pausing planned construction of a chip…
July 24, 2025
Tech Stocks Surge US Markets Waver
US stock markets presented a mixed performance Thursday, concluding with divergent results across key indices. The Dow Jones…
July 24, 2025
Train Drivers Prioritize Pay Hike
A recent vote by Deutsche Bahn (DB) employees affiliated with the GDL (Gewerkschaft Deutscher Lokomotivführer) has yielded surprising…
July 24, 2025
Dax Climbs Deutsche Bank Soars
The German stock market benchmark, the DAX, managed a modest gain on Thursday, closing at 24,296 points. This…
July 24, 2025
Tariff Law Threatens Bureaucracy Concerns
A new draft law proposed by the German government, designed to promote adherence to collective bargaining agreements among…
July 24, 2025
Eon Urges Stronger Infrastructure Protection
German energy infrastructure faces increasing scrutiny, prompting calls for heightened security measures. Leonhard Birnbaum, CEO of energy distributor…
July 24, 2025
ECB Holds Interest Rates Steady
The European Central Bank (ECB) has decided to pause its recent cycle of interest rate reductions, maintaining its…
July 24, 2025
Defense Industry Fears Skills Shortage
Germany’s defense industry finds itself at the cusp of a new era of growth, yet simultaneously grappling with…
July 24, 2025
Dax Rises Anticipation Builds for ECB Rate Decision
German equities continued their upward trend on Thursday, building on a positive start to the trading day. By…
July 24, 2025
Trump Uncertainty Dims Trade Deal Hopes
As a resolution to the trade dispute between the United States and the European Union appears increasingly likely,…
July 24, 2025
German Electronics Foresees 2025 Growth
The German electrical industry anticipates a return to growth by 2025, signaling a shift from recent challenging conditions.…
July 24, 2025
Dax Rises Investors Bet on Trade Deal
The DAX index opened Thursday’s trading session with gains, demonstrating positive momentum early in the day. By approximately…
July 24, 2025
US Market Losing Ground
A significant shift in global trade relations away from the United States is anticipated by nearly one-third of…
July 24, 2025
German Clinics See Revenue Rise Costs Surge
German medical practices experienced an average revenue of €804,000 per practice in 2023, according to data released by…
July 24, 2025
Volkswagen Seeks Streamlined Car Design
Volkswagen is initiating a significant restructuring of its automotive development processes, aiming to streamline complexity and enhance efficiency…
July 24, 2025
VW and Rivian Expand Software Partnership in Berlin
Volkswagen is significantly expanding its joint venture with US electric vehicle technology company Rivian, focusing on software development.…
July 24, 2025
Government Cuts Healthcare Funding Significantly
Germany’s state financing of healthcare expenditures decreased significantly in 2023, a shift largely attributed to the winding down…
July 24, 2025
Men Work Longer Hours Than Women
A significant portion of the German workforce regularly works beyond the hours stipulated in their employment contracts, according…
July 24, 2025
Heidelberg Materials Seeks Green Light for Carbon Storage
Heidelberg Materials, Europe’s largest cement producer, is urging the incoming German government to swiftly establish regulations and approvals…
July 24, 2025
Saxony Urges East Germany Focus in Military Buys
Following a recent decision by the German Federal Cabinet to expedite procurement processes for the Bundeswehr (German Armed…
July 24, 2025
NRW Refugee Cards Hesitation Grows
According to leading municipal associations, only approximately one-third of North Rhine-Westphalia’s (NRW) local authorities currently intend to implement…
July 24, 2025
Few NRW Towns Embrace Refugee Payment Cards
The rollout of a payment card system for refugees in North Rhine-Westphalia (NRW), Germany, is facing significant challenges…
July 24, 2025
Job Placements Drop Sharply
The volume of direct job placements facilitated by the Federal Employment Agency (BA) has significantly declined over the…
July 24, 2025
Stocks Rally on Tariff News
US equity markets rallied on Wednesday, driven by reports suggesting a potential trade agreement between the United States…
July 23, 2025
Sanctions Kill More Than Conflict Study Finds
A newly released study has found that economic sanctions imposed by the United States or the European Union…
July 23, 2025
Stocks Rally on Strong Earnings
The German stock market benchmark, the DAX, gained traction on Wednesday, closing at 24,240 points – a 0.8…
July 23, 2025
Left Party Demands More Consumer Energy Relief
Calls for Stronger Action on Energy Costs Spark Debate A dispute has emerged over the government’s approach to…
July 23, 2025
Gas Prices Inch Up
Despite stable crude oil prices, fuel costs in Germany have seen a slight increase, according to a recent…
July 23, 2025
German Stocks Rally Auto Sector Soars
The German DAX index continued its upward trend on Wednesday, building on a positive start to the trading…
July 23, 2025
Eutelsat Seeks German Partnership to Challenge Starlink
European satellite operator Eutelsat is seeking German participation within its organization as it navigates increased competition, particularly from…
July 23, 2025
Media Chief Urges Government Aid
A leading figure within the German media industry is calling on policymakers to provide substantive support for the…
July 23, 2025
Card Payments Surge in Germany
Germany’s payment landscape continues to evolve, with card payments experiencing a significant surge in 2024, according to data…
July 23, 2025
US Import Tariffs Set to Surge
Economists across Europe are forecasting a significant increase in customs duties on imports from the United States by…
July 23, 2025
Dax Rises on US-Japan Deal
The DAX index opened the trading day on Wednesday with gains, continuing a positive trend. By 9:30 AM,…
July 23, 2025
Highway Charging Fees Shock Motorists
A recent study by the ADAC, Europe’s largest automobile association, has highlighted significant discrepancies in pricing for electric…
July 23, 2025
Linnemann Urges Continued Jobcenter Support for Ukrainian Refugees
A senior figure within the Christian Democratic Union (CDU) is advocating for the continued involvement of employment agencies…
July 23, 2025
Left Demands Stronger Wage Deal
The leader of the Left party, Ines Schwerdtner, has called for revisions to the planned law on tariff…
July 23, 2025
Low Income Families Get Climate Tech Boost
The German Federal Minister for the Environment, Carsten Schneider (SPD), is developing new measures to alleviate the financial…
July 23, 2025
Oil Exploration Threatens Baltic Tourism
Concerns are mounting over potential oil and gas exploration activities planned near the island of Usedom in the…
July 23, 2025
EU Auto Row Threatens Trade War
The German automotive industry is issuing a stark warning against further escalation in the trade dispute between the…
July 23, 2025
Stocks Waver as Earnings Reports Loom
US equity markets presented a mixed performance on Tuesday, closing with varied results. The Dow Jones Industrial Average…
July 22, 2025
Oil Find Sparks Germany Poland Border Dispute
A significant oil discovery off Poland’s Baltic coastline, made by the Canadian firm CEP, appears to partially involve…
July 22, 2025
KKR Boosts German Investment Plans
KKR Co-Founder Signals Increased Investment in Germany Henry Kravis, one of the founding partners of global investment firm…
July 22, 2025
Stocks Slide Amid Listless Trading
Equities experienced a downturn Tuesday, with the DAX index closing at 24,041 points, representing a 1.1% decrease from…
July 22, 2025
Foreclosure Numbers Surge in Germany
The number of involuntary property auctions (foreclosures) in Germany has continued to rise in the first half of…
July 22, 2025
Stocks Slip As Dax Loses Momentum
The German DAX index continued its downward trend on Tuesday, sliding further into negative territory after a subdued…
July 22, 2025
Startups Weigh Exit Amid Funding Concerns
A concerning trend is emerging within Germany’s vibrant tech startup scene, with a significant number contemplating relocation due…
July 22, 2025
Stocks Slip Reporting Season Begins
The German DAX index commenced trading on Tuesday with losses, reflecting a period of cautious investor sentiment. By…
July 22, 2025
Heatwave Demand Fuels AC Surge
Several studies, including research conducted by the Ifo Institute, indicate a rapidly increasing global demand for air conditioning…
July 22, 2025
TK Chief Calls for Fewer Health Insurers
The head of Germany’s Techniker Krankenkasse (TK), Jens Baas, has advocated for a significant reduction in the number…
July 22, 2025
Economist Calls for Welfare State Overhaul
A leading economist is calling for a comprehensive overhaul of Germany’s social welfare system, citing inefficiencies and unintended…
July 22, 2025
Company Favors Spark Political Row
The leader of the Left party, Ines Schwerdtner, has voiced sharp criticism regarding a recent investment forum hosted…
July 22, 2025
Union Urges Realistic Expectations for Investment Plan
The leader of IG Metall, Christiane Benner, has voiced cautious support for a new investment initiative launched by…
July 22, 2025
Tax Revenue Soars Again
Germany’s tax revenues continue to rise significantly, according to the latest monthly report released by the Federal Ministry…
July 22, 2025
Commerzbank Chief Praises Investment Summit
The recent “Investment Summit” convened by the Chancellery has been hailed by Commerzbank CEO Bettina Orlopp as a…
July 21, 2025
Stocks Tread Lightly Ahead of Earnings
US stock markets registered a muted performance on Monday, concluding with the Dow Jones Industrial Average at 44,323…
July 21, 2025
EU Combustion Ban Sparks Industry Alarm
A leading figure within the German Christian Democratic Union (CDU), Manuel Hagel, has publicly voiced concerns regarding the…
July 21, 2025
Chem Managers Rate Employers Satisfactory
German chemical industry leaders appear largely unfazed by the current challenges facing the sector, according to a new…
July 21, 2025
Stocks Pause Ahead of Key Customs Data
The DAX index experienced a muted start to the trading week, closing marginally higher on Monday. At the…
July 21, 2025
Mid-Sized Firms Need Investment Focus
Following a recent investment summit convened by Chancellor Friedrich Merz (CDU) on Monday, the German Chamber of Industry…
July 21, 2025
Tourism Calls for Restaurant Tax Cut
The German government is urging federal states to swiftly agree on a reduction in value-added tax (VAT) for…
July 21, 2025
Boomer Boost Economy Extra Jobs
A recent study reveals a significant rise in the number of individuals receiving pensions who remain employed. According…
July 21, 2025
Construction Fuels German Economic Stability
The German construction industry is being highlighted as a key factor in maintaining economic stability, according to Federal…
July 21, 2025
Dax Slides Amid Summer Trading
European markets opened cautiously on Monday, with the leading DAX index experiencing a slight dip into negative territory…
July 21, 2025
German Firms Eye Summit With Hope
German companies are anticipating significant government support and streamlined processes following a high-profile meeting between Chancellor Friedrich Merz…
July 21, 2025
Fratzscher Urges Germany to Prioritize Execution Not Subsidies
Following a meeting between Chancellor Friedrich Merz and leading business executives at the Chancellery, Marcel Fratzscher, President of…
July 21, 2025
Dax Flat Amidst Trading Uncertainty
30 AM.. This level was only slightly above Friday’s closing value. Leading the gains were BASF, Siemens and…
July 21, 2025
Ifo Urges Prudent Use of Massive Debt
The head of the Ifo Institute in Munich, Clemens Fuest, is urging the German government to deploy the…
July 21, 2025
China’s Exports Threaten German Industry
German industry is voicing increasing concern over the surging export volumes from China, raising questions about the long-term…
July 21, 2025
Restaurant Sales Dip in May
Preliminary data released Monday by the Statistical Federal Office (Destatis) indicate a significant downturn in Germany’s hospitality sector…
July 21, 2025
German Giants Unveil Massive Investment Plan
A significant investment initiative, “Made for Germany” is gaining momentum, spearheaded by leading German business figures who hope…
July 21, 2025
Business Owners Eye Exit A Record High
A record number of business owners are seeking to transfer ownership of their companies, according to a new…
July 21, 2025
Trucking Faces Crisis Shortage Threatens Supplies
A potential Russian attack on a NATO member state could trigger a severe supply crisis in Germany, leaving…
July 21, 2025
Heating Transition Gains Momentum
Significant progress is being observed in Germany’s transition to renewable heating solutions, according to the German Energy Consultant…
July 21, 2025
EU Farm Chief Denies Environmental Policy Rollback
The European Commissioner for Agriculture, Christophe Hansen, has defended the ongoing reform of the European Agricultural Policy, responding…
July 21, 2025
Energy Transition Slowdown Sparks Warning
A leading European energy provider, Vattenfall, is cautioning against a slowdown in the transition to renewable energy sources…
July 20, 2025
Auto Industry Challenges EU Vehicle Ban
The German Association of the Automotive Industry (VDA) has voiced strong opposition to proposals from the European Commission…
July 20, 2025
US Trade Policy Risks Global Recession
Global economic uncertainty is escalating due to unpredictable policy decisions from the United States, according to Christian Kullmann,…
July 20, 2025