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Economy / Finance
3019 posts
Southern Aegean Faces Tourism Strain
A new analysis of Eurostat data, released by the German Federal Statistical Office (Destatis), highlights significant disparities in…
German Homebuilding Costs Rise
Construction costs for newly built conventional residential buildings in Germany rose by 3.2 percent in May 2025 compared…
Tourism Sector Sees Limited Summer Heat Boost
The German hospitality sector is experiencing a modest improvement in sentiment as the peak travel season begins, but…
US-EU Trade Talks Get Extension
The German Chamber of Industry and Commerce (DIHK) has welcomed the extension of the negotiation timeline for a…
Sozialbeiträge May Surge
A leading economic advisor has cautioned that social security contributions in Germany could rise to as much as…
Construction Sector Blasts Coalition Delay
The construction industry association, HDB, has voiced sharp criticism regarding the perceived sluggish allocation of funds from the…
US Stocks Rise Fed Signals Caution
US equity markets saw gains on Wednesday, fueled by a generally positive trading session. The Dow Jones Industrial…
DAX Hits Record High
The German stock market experienced a significant surge on Wednesday, with the DAX index closing at 24,550 points,…
Volkswagen Extends China Chief’s Contract
Volkswagen has reportedly extended the contract of its China head, Ralf Brandstätter, by three years. The business daily…
Germany Presses EU Action Against X
Concerns are mounting regarding the social media platform X, formerly Twitter, following reports that its AI chatbot, Grok,…
German Antirust Fines Top 26 Million
The German Federal Cartel Office (Bundeskartellamt) levied fines totaling approximately €26 million against six companies and one individual…
Diesel Prices Surge Amid Rising Oil
Drivers across Germany are facing higher prices at the pump, with both gasoline and diesel costs rising over…
Half of Households Hold Over 100000 Euros
A new study released this week by the Institute for Economic Research (IW) reveals a significant correlation between…
Dax Reaches Record High
The German stock market benchmark, the DAX, continued its upward trajectory on Wednesday, building upon a positive start…
Verdi Calls Newspaper Strike
Journalists across Germany are preparing for multiple days of walkouts as union Verdi escalates its dispute with the…
DAX Rises Eyes Record High
The Dax index opened the trading day on Wednesday in positive territory. By 9:30 AM, the benchmark index…
SAP Flags AI Factory Concerns
The CEO of SAP, Christian Klein, has expressed reservations regarding the European Union’s plans for the construction of…
Truck Toll Usage Declines
Data released this week indicates a slight decrease in the distance traveled by toll-paying trucks with a minimum…
Tax Relief Misses Target Dampens Outlook
New calculations from the Ifo Institute reveal that excluding private households and parts of the business sector from…
ECB Hints at July Rate Pause
A leading voice within the European Central Bank (ECB) is suggesting a potential pause in interest rate cuts.…
German Auto Industry Seeks SME Focus on Energy Pricing
German automotive industry leaders are urging policymakers to ensure that small and medium-sized enterprises (SMEs) are not overlooked…
Power Price Concerns Grow
Concerns are emerging within the energy sector regarding the potential for market distortions arising from the proposed industrial…
German Winegrowers Fear Slope Vineyard Decline
German wine producers are expressing increasing concern over the viability of cultivating vineyards in steep-slope regions following the…
Germany Dismisses Digital Tax Proposal
The German Federal Minister for Economic Affairs, Katherina Reiche (CDU), has voiced opposition to a proposed digital tax…
Stocks Waver Trump Boosts Copper
US equity markets displayed cautious trading on Tuesday, concluding with mixed performance. The Dow Jones Industrial Average settled…
Stocks Rise Amid Tariff Concerns
The DAX index saw a positive performance on Tuesday, closing at 24,206 points – a 0.6 percent increase…
Economists Warn of Investment Delay
A new study from the Institute for Economic Research (IW), a research body closely aligned with employers, is…
Daimler Truck to Cut Thousands of Jobs
Daimler Truck, a leading manufacturer of commercial vehicles, announced plans to reduce approximately 5,000 positions in Germany by…
Dax Extends Gains Amid Trade Tensions
The DAX index demonstrated a positive trajectory on Tuesday, building upon a cautiously optimistic start to the trading…
Green Steel Project Faces Cost Concerns
Thyssenkrupp Steel acknowledges the possibility of cost increases associated with the construction of its “green steel” production facility…
US EU Trade Dispute Sees Progress
A resolution in the ongoing trade dispute between the European Union and the United States appears increasingly likely…
German Insolvencies Ease Slightly
A slight decrease in corporate and partnership insolvencies was recorded in Germany during June, according to data released…
Public Debt Rises in First Quarter
Preliminary data released Tuesday by the Statistical Federal Office (Destatis) indicates a rise in Germany’s public debt. As…
Dax Opens Slightly Higher
The German DAX index opened Tuesday’s trading session with modest gains. By 9:30 AM local time, the benchmark…
Norway’s Fund Eyes German Grid Investment
Sources indicate that Norway’s sovereign wealth fund, Norges Bank Investment Management, is considering a substantial investment in Germany’s…
German Exports Decline
German exports decreased by 1.4 percent in May 2025 compared to April, after seasonal and calendar adjustments, while…
Greens Accuse Government of Delaying Pension Reform
A leading figure within the Green Party has voiced concerns regarding the current government’s approach to social security…
Freelancer Confidence Rises
Business sentiment among self-employed individuals and small businesses in Germany has risen again in June, according to the…
Germany US Trade Dispute Sparks Controversy
A dispute over trade practices with the United States has ignited controversy within Germany, with members of the…
Germany Debates Debt Brake Reform Healthcare Funding Concerns
Concerns are being raised regarding the proposed funding model for Germany’s healthcare and long-term care insurance systems. Verena…
Green Party Warns of Tech Slowdown
Concerns are emerging regarding the potential impact of plans by Federal Minister for Economic Affairs, Katharina Reiche (CDU),…
Business Calls for Faster Reforms
As parliamentary discussions on the upcoming budget commence, leading representatives from German industry are urging the government to…
Germany Reconsiders Tech Tax
Debate surrounding a proposed digital services tax targeting US internet companies is facing cautious assessment within German political…
AOK Opposes Nursing Care Cuts
The head of the AOK Federal Association, Carola Reimann, has voiced strong opposition to potential benefit cuts within…
Nursing Funds Face Collapse
The DAK health insurance company is raising serious concerns about the financial stability of Germany’s long-term care insurance…
More Pensioners Relying on Basic Income
A growing number of retirees in Germany are increasingly reliant on basic social security benefits, according to recent…
Germany Warns of Local Finances Strain
Concerns are mounting regarding the financial strain on local municipalities in Germany, prompting calls for adjustments to taxation…
Tariffs Weigh on US Markets
US markets experienced losses on Monday, impacting key indices and commodity prices. The Dow Jones Industrial Average closed…
Border Checks Threaten Tesla Factory
New border controls between Germany and Poland are significantly impacting the Brandenburg economy, particularly affecting the Tesla facility…
Businesses Seek More Support for Struggling Apprentices
According to a new study by the Competency Center for Skilled Workforce (Kofa), a significant majority of German…
Trump Delays Tariffs to August 1
The United States is extending the deadline for potential tariffs, shifting the implementation date to August 1st. White…
Union Demands Tougher Heat Protection Penalties
Labor unions are calling for stricter enforcement and potential reforms regarding worker protection from heat stress in workplaces…
Germany Greens Left Push for Mask Scandal Probe
Pressure is mounting within the German Bundestag as the Green Party and the Left Party urge the Social…
Germany Aims for Nursing Care Insurance Stability
The statutory health insurance system is cautioning against deferring the substantial financial challenges facing long-term care insurance to…
DAX Surges Above 24000
The German stock market opened the week with gains, as the DAX index closed at 24,073 points, marking…
Benefits Costs May Rise Again
Government projections for expenditures on Germany’s citizen’s allowance (Bürgergeld) indicate a slower rate of decline than previously anticipated,…
KKR Sees Private Equity Shakeup
A significant shift is underway within the private equity sector, according to Philipp Freise, Co-Head of Europe at…
German Output Rises in May
German industrial production experienced a notable rebound in May 2025, according to preliminary data released by the Statistical…
US Tariffs Hit German States Unevenly
A new study by the Ifo Institute has revealed a disparate economic impact of US trade policy across…
Dax Rises At Start Of Trade
Frankfurt’s DAX index opened the trading day on Monday with gains, reflecting ongoing global economic uncertainty. By 9:30…
Retail Sales Growth Remains Modest
The German retail federation, the Handelsverband Deutschland (HDE), is maintaining its forecast of a slight increase in retail…
Dax Holds Gains Amid Caution
The German DAX index maintained a positive trajectory on Monday, building upon an optimistic start to the trading…
Poll Shows One in Five Workers Trained on AI
A recent survey conducted by the Bitkom, the German IT industry association, reveals a growing awareness and tentative…
EU Retail Sales Decline
Eurostat, the statistical office of the European Union, reported a decline in retail sales volume for May 2025…
Poland Tightens Border Controls Sparks German Business Worry
The Polish government’s decision to reinstate border controls at the Germany border, effective Monday, has sparked concern within…
Mask Purchase Costs Persist
A report by the German Federal Audit Court (BRH) has revealed ongoing financial repercussions stemming from the procurement…
Achleitner Proposes State Guarantees for Investment
Germany is exploring innovative approaches to attract private investment into critical infrastructure and defense projects, with a proposal…
NRW Cities Fear Infrastructure Funding Imbalance
Concerns are mounting among major cities in North Rhine-Westphalia (NRW), Germany, regarding the potential for inequitable distribution of…
Construction Union Seeks Heat Protection Pay
Discussions are underway regarding the implementation of heat-related work protections and compensation for employees across various industries in…
Nursing Insurance Faces 12 Billion Euro Shortfall
A report by Germany’s Federal Audit Court (BRH) has flagged a significant funding shortfall within the Social Care…
Care Insurance Faces 12 Billion Euro Shortfall
A report released by the German Federal Audit Court (BRH) has flagged a significant financial shortfall looming for…
Germany Investigates Cloud Dominance
The Federal Cartel Office (Bundeskartellamt) in Germany is intensifying its scrutiny of major cloud service providers, citing concerns…
Dax Falls Investors Eye Tariffs
The German DAX index experienced a decline on Friday, closing at 23,787 points, a 0.6% decrease from Thursday’s…
EU to Aid European Firms with Rare Earths
The European Commission has launched a new mechanism designed to assist European companies grappling with current disruptions in…
EU Urges Firm Stance in Trade Talks with US
Lars-Hendrik Röller, former chief economist to former German Chancellor Angela Merkel, is urging the European Union to adopt…
Dax Remains Weak Midday
The DAX experienced a continued decline on Friday, remaining in negative territory throughout the morning following a weak…
Dax Falls Amid Trump Spending Concerns
The DAX, Germany’s leading stock index, began trading on Friday morning with a slight decline. As of approximately…
Mobile Network Rules Unenforced
German mobile network operators are facing increasing demands for network expansion in Germany, yet to date, these requirements…
German Service Sector Sales Flat in April
Preliminary data from Germany’s Federal Statistical Office (Destatis) indicates that service sector revenue (excluding financial and insurance services)…
Industries See Order Decline in May
Germany’s manufacturing sector experienced a slight decrease in new orders during May 2025, according to preliminary data released…
Union Criticizes EU Climate Goal
German trade union confederation, the Deutscher Gewerkschaftsbund (DGB), has voiced concerns regarding the European Union’s proposed new climate…
Rail Repairs Face More Delays
Railway Network Overhaul Faces Further Delays, Minister Predicts Germany’s ambitious plan to overhaul its railway network is likely…
US Stocks Rise Nasdaq Gains
US Stock Markets Gain Momentum New York’s stock markets experienced gains on Thursday, with the Dow Jones Industrial…
Dax rises amid trade dispute wait
The DAX index closed with a gain of 0.6 percent on Thursday, reaching 23,934 points at the Xetra…
Germany Seeks Delay for EU AI Regulation
The German federal government is advocating for a postponement of the European Commission’s implementation of the European AI…
German Firms Favor Eastern Europe Over US
A recent survey of German business leaders indicates that the US’s trade threats are not deterring investment from…
Customcells Secures Investment from Consortium
Customcells, a battery manufacturer previously facing insolvency, has been acquired by a consortium led by existing investor Abacon…
US Jobless Rate Drops Slightly
The U.S. unemployment rate edged down to 4.1% in June, according to data released Thursday by the Labor…
Germany Defends Digital Tax Plan
Germany’s Minister of Culture, Wolfram Weimer, has strongly defended his plans for a digital tax, asserting the need…
Infrastructure Fund Costs Billions Annually
The infrastructure special fund, established by the governing coalition of the Christian Democratic Union (CDU) and the Social…
Power Grid Operators See High Profits
Analysis reveals high returns for German grid operators in 2023 A recent analysis by the Federation of German…
EU Greens Seek Penalties for Rent Not Offered
The European Parliament’s Green Party faction is urging the European Commission to implement measures addressing the escalating issues…
UN Seeks Deal After US Rejects Global Tax Floor
The United States’ rejection of a global minimum corporate tax has prompted renewed hope among activists that a…
Dax Remains Cautious Amid Trade Talks
The German stock index, DAX, displayed a cautious performance on Thursday, fluctuating slightly after a modest positive start…
Uniper to Cut 400 Jobs
Uniper to Implement Significant Workforce Reduction German gas supplier Uniper plans to reduce its workforce by approximately 400…
Berlin SPD pushes rent cap again
Berlin lawmakers have developed a draft law for Germany’s first societal ownership legislation, according to reports. The proposed…
SPD Still Pursues Broad Electricity Tax Cut
Following a meeting of the Coalition Committee, the Social Democratic Party (SPD) parliamentary group maintains its expectation of…
Dax Up US Jobs Data Watch
30 am, a 0..2 percent increase from the previous day’s close. Jochen Stanzl, chief market analyst at CMC…
China Trade Conflict Threatens German Industry
German businesses are increasingly facing threats due to the trade dispute between China and the United States, particularly…
Prostitutes’ Registration Number Climbs in Germany
Germany recorded approximately 32,300 registered sex workers at the end of 2024, according to data released by authorities.…