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Economy / Finance
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Taxpayer Group Demands Gasoline VAT Only on Net Price Excluding CO2 Fees
The Association of Taxpayers (Bund der Steuerzahler, BdSt) is urging the German federal government to change the way…
German Social Association Welcomes Coalition Fuel Price Taskforce Calls for Measures to Protect Low‑to‑Middle Incomes
The Sozialverband Deutschland (SoVD) welcomed the “fuel‑price taskforce” created by the governing coalition and called for measures to…
US Stocks Rally Monday While Oil Prices Plummet
On Monday the U.S. equity markets finished in the green. The Dow Jones Industrial Average closed at 46,946…
Commerzbank Prioritizes Employee Interests Amid Unicredit Takeover Review
In a message to staff, Commerzbank’s CEO Bettina Orlopp announced that when the bank examines Unicredit’s announced takeover bid…
DAX Rises, Traders Stay on Edge
At the start of the week the DAX finished higher, closing at 23 564 points – a gain of…
Oil Industry Stands Firm Against Antitrust Crackdown, Alerts to Fuel Shortage
The oil‑fuel industry has opposed a tightening of antitrust law and warned of shortages in gasoline and diesel…
Verdi Calls for Wednesday Strike at Berlin Brandenburg Airport
The union Verdi has called for a warning strike at Berlin‑Schönefeld (BER) Airport on Wednesday. The employers stalled…
Monika Schnitzer Challenges Government on Commerzbank Unicredit Bid Calls for Cross Border Consolidations
Monika Schnitzer, chair of Germany’s Economic Advisory Council, has publicly opposed the federal government’s stance on the potential…
Eurowings Pilots Union VC Greenlights Strike Plan to Secure Pension Reform
The pilots’ union Vereinigung Cockpit (VC), representing Eurowings crew at the airline, voted overwhelmingly in a shareholders‑style poll…
DAX steadies by midday as oil prices keep markets moving
30 p..m. local time-up 0.2 % from the previous Friday’s close.Commerzbank led the gains, buoyed by Unicredit’s takeover bid;…
SPD Rejects Unicredit’s Attempt to Acquire Commerzbank In Defense of Systemically Important Bank
The SPD parliamentary group has firmly rejected Unicredit’s bid to acquire the Commerzbank.“Commerzbank is a systemically important bank…
Verdi Calls for City Public Transport Strikes in Five German States
The service union Verdi has called for strikes in municipal public transport on the upcoming Thursday in several…
DAX Opens Flat As Commerzbank Scrutinizes Takeover Offer
The German market opened on Monday modestly and began the trading week without moving far from Friday’s close.…
Germany’s Low‑Wage Workforce Faces Rising Poverty, Study Finds
Nearly one in five paid employees in Germany worked in the low‑wage sector last year, the University of…
Unicredit Pitches Takeover Offer for Commerzbank
Unicredit, the Italian banking group, has announced a voluntary public exchange offer for all of Commerzbank’s shares. The…
Ifo Institute Signals Improving Housing Construction Climate
The mood in residential construction continues to improve. The Ifo business climate index rose from -20.8 in January…
DB Fernverkehr Cuts Crew Hours by 30 Minutes Amid Rising Delays
DB Fernverkehr, the long‑distance branch of Deutsche Bahn, cut the scheduled working hours of its travelling staff by…
Deutsche Bahn Pays 156 Million Euros in 2025 Compensation for Passenger Delays
Last year Deutsche Bahn (DB) paid a total of €156.1 million in compensation to its customers for the high lateness…
WTO Chief Warns of Biggest Trade Crisis in 80 Years
The director general of the World Trade Organization, Ngozi Okonjo‑Iweala, warns that global trade is currently in its…
German Health Insurers Urge Minister Warken to Slash Skyrocketing Drug Prices
Germany’s sickness funds have urged Health Minister Nina Warken (CDU) to take action on ever‑higher drug prices. “Drug prices…
German Shipping Sceptical Over Gulf Military Protection Plan
The German shipping association (VDR) took note of the government’s statements about a possible military deployment to protect…
Dittrich Urges Older Generations to Extend Working Lives Ahead of Pension Reform
Jörg Dittrich, president of the Central Association of the German Crafts Union, has called for the older generation…
U.S. Stock Markets Slide as Judge Halts Powell Investigation
The U.S. stock markets were lower on Friday. At New York’s closing, the Dow Jones Industrial Average stood at…
January 2026 Agricultural Producer Prices Down 10.1% From 2025 With December Down 8.3% and November 5.7%
In January 2026, producer prices for agricultural goods were 10.1 % lower than in January 2025. Compared with the same month…
Wholesale Prices Rise 1.2% Year‑over‑Year in February 2026
Wholesale sales prices in February 2026 were 1.2 % higher than in February 2025. The same rise was seen in January 2026…
German Corporate Insolvencies Jump 10.3% in 2025 to 24,064 Ten-Year High
In 2025 German district courts registered 24,064 company‑insolvency filings, a 10.3 % increase over the previous year. 2024 and…
Dax Stumbles as Zalando Steers Weekend Decline
The DAX slipped as the week drew to a close. At the Xetra closing bell it stood at…
DAX Slips Amid Chip Production Pressure
The DAX opened weaker on Friday. By 9:30 a.m., the index was calculated at about 23,315 points, 1.2 %…
Biontech investors Strüngmann plan to back Sahin Türeci’s new biopharma startup.
The Strüngmann brothers, founders of BionTech, intend to invest in the new company that departing executives Ugur Sahin and…
German Black-Red Coalition Condemns US Oil Release Russia Gains Triple Bonus
Politicians of Germany’s black‑red coalition sharply criticized the United States’ decision to temporarily ease trade restrictions on Russian…
DAX Holds at Yesterday’s Level by Noon Amid Market Tension
The DAX moved back toward yesterday’s level after a weak morning. By 12:30 p.m. German time it was trading…
Linke Push Oil Price Cap and 9 Euro Ticket to Ease Citizens Cost Burdens
Jan van Aken, the leader of Germany’s Left party, called for a cap on oil prices as a way…
Oil Shock From US Attack on Iran Spurs German Factory Pay Cut
The recent rise in energy prices caused by the US attack on Iran could slash earnings for many…
Germany Egg Production Grows 0.5% to 13.7 Billion in 2025
In 2025 German egg‑producing businesses with at least 3 000 hen houses manufactured about 13.7 billion eggs, a 0.5 % rise…
German Mushroom Harvest 2025 Grows 1 % to 78,400 Tons
In 2025 German farms that cultivated edible mushrooms on at least 0.1 ha of land harvested a total of…
German Chemical Industry Faces Ongoing Slump as Pharma Adds Small Growth in Q4 2025
The chemical and pharmaceutical industry in Germany remains in a difficult position. In Q4 2025 the chemicals sector recorded…
GPs Warn Budget Cuts Will Worsen Care Gaps Amid Rising Part‑Time Doctors
Faced with shortages in outpatient care despite a rise in the number of doctors, the Association of General…
DGB Urges 10-Year Extension of Industrial Electricity Cuts Amid Economic Stress
In light of the persistently tense economic climate, the German Confederation of Trade Unions (Deutscher Gewerkschaftsbund, DGB) has…
RWI Economist Warns of Skyrocketing Inflation If Iran War Extends Past Four Weeks
Torsten Schmidt, chief economist at the RWI Leibniz Institute for Economic Research, warned that if the war with…
Hubig Demands Year-Long Rule to Cap Daily Gas Price Hikes
Justizministerin Stefanie Hubig (SPD) says she wants the planned rule that will allow fuel stations to raise their prices…
CSU Promises New Tenant Safeguards in Heating Modernization Law
German CSU secretary‑general Martin Huber has pledged that the new building‑modernisation law will include tenant‑protection measures. “For us…
Oil Prices Alarm German Builders as Energy Costs Could Reverse Construction Recovery
The rise in energy prices could once again drive up construction costs in Germany. Matthias Frederichs, chief executive of…
German Poultry Union Says Egg Market Is Tight Yet Assures Easter Supply Will Remain Safe
The Central Association of German Poultry Farming (ZDG) says that the market supply of eggs is currently tight,…
U.S. Stock Markets Dip Sharply as Oil Prices Surge
The U.S. stock markets slid sharply on Thursday. By the close in New York, the Dow was quoted at…
Germany’s Solar Boom Hits 4.8 Million Panels and 106,200 MW by 2025
More and more German companies and households are turning to solar power for electricity generation. By the end…
German Households Pay Too Much for Their Power And Loyal Customers Are Systematically Disadvantaged
Data from a study commissioned by energy company Octopus Energy and conducted by RWTH Aachen show that loyal…
Tech Giants Now Under Pressure to Fund Journalism Through Digital Contributions
Calls for policy makers to require large technology firms to take a larger role in financing journalism are…
Dax Lags as Oil Prices Steer Market Focus
The German DAX slipped to 23,590 points by the close of Xetra trading on Thursday, down 0.2 % from…
Burda Chief Marc Al Hames Pushes for New Digital Tax
Marc Al‑Hames, the newly appointed chair of Hubert Burda Media’s board of directors, has called for a digital services tax. He…
DAX rises slightly as investors pinpoint bright outlook
The DAX moved into the green sector by mid‑afternoon after a sluggish opening. At about 12:30 p.m., the index…
Ifo Cuts Growth Forecast Amid Middle East Conflict
The Ifo Institute in Munich has lowered its growth forecast because of the war in the Middle East.…
DAX Opens Lower as Oil Prices Surge
The German stock index opened the trading day on Thursday in the red. By 9:30 a.m. the DAX was…
Lufthansa Pilots Strike Commences Majority of Flights Planned
On Thursday morning, the two‑day strike announced by the union Vereinigung Cockpit (VC) began at Lufthansa. Flights operated…
German Cartel Office Warns Of Political Pressure Undermining Competition Agency Independence
The head of Germany’s Federal Cartel Office, Andreas Mundt, warns that political influence is increasingly undermining competition authorities worldwide.…
German Union and SPD Clash Over “Surplus Profit” Tax as Fuel Prices Soar
Union and SPD representatives are at odds over how to capture excess profits in the petroleum sector in…
Grimm Criticizes New Single‑Per‑Day Gas Price Increase Rule
An economist who also serves on the supervisory board of Siemens Energy, Veronika Grimm, sharply criticized a proposal to restrict…
Iranian Immigrants Overachieve In German Work Market Integration
According to a new study by the employer‑centric Institute of the German Economy in Cologne, Iranian citizens in…
Crafts Union Welcomes Fuel Price Move, Urges More Steps
The president of the Central Association of German Crafts (ZDH), Jörg Dittrich, welcomed the ban on multiple daily price…
US Markets Split as Dow Lags While Others Rally
US stock markets ended the day in a mixed state. At the closing of New York trade, the Dow…
BMW Urges Rapid End to US Customs Deal
BMW chief Oliver Zipse is calling for a swift ratification of the U.S.-EU tariff pact that Brussels and Washington…
DAX Falls Sharply While Oil and Gas Prices Surge
On Wednesday the Dax fell sharply, trading at 23,640 points at Xetra’s close-down 1.4 % from the previous day’s…
Union Keeps Door Open for Fuel Profit Tax to Tackle Rising Gas Prices
Steffen Bilger, the first parliamentary managing director of the CDU’s Union faction in the Bundestag, said he does…
Fuel Station Association Welcomes Daily Price Increase Cap Promising Greater Reliability
The German fuel‑station interest group (TIV) welcomed the federal government’s proposal that price hikes would be limited to…
US Inflation Holds Steady at 2.4% in February
The United States reported a February inflation rate of 2.4 %, unchanged from January, according to the U.S. statistical…
DRV Projects Gulf Tourism Rises After War Ends
Albin Loidl, president of the German Association of Tour Operators (DRV), expects Gulf tourism to bounce back after the…
ADAC Warns Against Austria-Style Fuel Regulation Could Spur Higher Prices
The German automotive club ADAC has warned that the price regulation the federal government plans to introduce at…
DAX Stays in Red as Uncertainty Persists After Weak Midday Start
On Wednesday the DAX remained in the negative zone until midday, following an already weak start. At about…
Germany Businesses Dive Into AI as Nearly All Companies Embrace Automated Innovation
Nearly every company in Germany is now dealing with artificial intelligence (AI). A survey released by the IT‑industry…
Oil Prices Could Rise Twenty Percent After War Experts Warn Long Term Surge
Elliot Hentov, chief strategist for geopolitical issues at State Street, believes investors should anticipate a sustained rise in…
Germany Fuel Prices Soar as Oil Crisis Continues
Fuel prices at German service stations rose sharply in the second week after war broke out in the…
DAX Opens on Negative Notes Amid Volatile News Landscape
The German DAX began the trading day on Wednesday in the red. The index was quoted at roughly…
German Accommodation Bookings Hit 25.5 Million in January 2026 Up 1.2% from 2025
In January 2026, accommodation operators in Germany logged 25.5 million overnight stays by both domestic and international guests. The…
German Inflation Holds Steady at 1.9 Percent in February 2026 According to Destatis
Germany’s Federal Statistical Office (Destatis) confirmed the inflation rate for February 2026 at 1.9 %. An estimate had already been…
Ifo President Warns Against Premature State Intervention in Fuel Prices
Ifo President Clemens Fuest cautions against state actions aimed at lowering oil and gas prices for consumers. “Dampening…
German Exports Down 2 % in Jan 2026 While Imports Plunge 5 % Year‑on‑Year
exports fell by 2..3 % while imports dropped by 5.9 % compared with December. Yet, when measured against the same…
German Insolvency Cases Climb In February
In February the number of insolvencies among private individuals and corporate entities in Germany rose. According to the…
German Farmers Union Demands Suspension of Carbon Pricing Amid Rising Energy Costs From Iran Conflict
Because energy costs are rising as a result of the war in Iran, Joachim Rukwied, president of the German…
G7 Set to Release Strategic Oil Reserves Amid Energy Market Turmoil
Facing increasing volatility in energy markets, Monika Schnitzer, chair of the Economic Experts Council, has called for the release…
Neobrokers Push ETF Providers Into Standing Commissions After Provisions Free Era
The ETF account, which had long been a fee‑free area, is now being challenged by neobrokers that appear…
US Stock Markets Slightly Decline as Oil Prices Plunge
The U.S. stock markets eased slightly on Tuesday. At the close in New York, the Dow reported 47,707 points,…
Biontech Founders Resign to Launch New mRNA Venture by End 2026
Ugur Sahin and Özlem Türeci plan to step down from their leadership and board positions at BioNTech at the end…
VC Calls for Strikes at Lufthansa on Thursday and Friday
German union Vereinigung Cockpit (VC) announced on Tuesday that it is calling for strikes against Lufthansa. The planned…
Left Demands Volkswagen Board Hand Bonuses Over to Workers Instead of Executives
The Left party is calling on the Volkswagen board to forgo its bonus payments.Ines Schwerdtner, the party’s chairwoman,…
Dax Soars on Tuesday Powered by Infineon and Bayer
The DAX climbed sharply on Tuesday, closing at 23,969 points on the Xetra exchange – a gain of…
German Institutes Slash Forecasts Amid Iran War Pressure
German economic research institutes-including the Ifo Institute, the Institute for Macroeconomics at the Hans Böckler Foundation (IMK), the Forschungsinstitut RWI Berlin, and…
CDU Economic Council Urges Electricity Tax Cut Amid Iran War Energy Price Surge
In light of rising energy prices caused by the Iran conflict, the CDU’s Economic Council reminds the government…
German Health Insurance Strikes Deficit as Expenditures Outpace Income in 2025
The expenditures of statutory health insurers in 2025 rose far more than their contributions. According to preliminary statements,…
USA and Canada Lift Foot-and-Mouth Disease Import Bans Recognize Germany’s Freedom
The United States and Canada have lifted the foot‑and‑mouth disease (FMD) import restrictions on animals and animal products…
DAX Bounces Midday With Infineon Leading the Recovery
At 12:30 p.m. on Tuesday, the DAX continued its rebound with a reading of about 23,930 points-up 2.2 % from…
DAX Climbs as Investors Await Peaceful End to Conflict
The DAX opened the trading day on Tuesday morning noticeably higher. At around 9:30 a.m. the index was…
German Seaports Cargo 3.8% Surge in 2025 Braces for Robust Growth
German seaports handled a total of 284.4 million tonnes of cargo in 2025, up 3.8 % from the 273.9 million tonnes…
Volkswagen’s 2025 Profit Set to Drop by Half Amid Earnings Collapse
Volkswagen’s earnings collapsed last year. The company announced on Tuesday that its 2025 net profit fell to €6.9 billion,…
German Retail Sentiment Dips in February as Business Climate Worsens
The business climate for German retail firms fell sharply in February, according to the Ifo Institute in Munich.…
TIV Urges Gas Prices to Hit €2.50 as Oil Price Surges
The German roadside‑fuel interest group, the TIV, says it expects oil giants to immediately pass on the price…
Schnitzer Urges Release of Global Oil Reserve as Prices Set to Soar
Monika Schnitzer, the chair of the economic think‑tank, warns that oil and gas prices are likely to remain…
EU Sanctions Officer Warns Russian Economy Skids Toward Collapse
David O’Sullivan, the EU sanctions commissioner, warns that the Russian economy is on the brink of collapse. He…
Economist Veronika Grimm Warns of Inflation Rise as Oil Gas Prices Surge Amid Iran War
Veronika Grimm, a leading German economic forecaster, warns that the ongoing Iran conflict will push oil and gas…
German Public Majority Demands State Relief as Energy Prices Skyrocket Amid Middle East Tensions
Amid rising energy costs caused by tensions in the Middle East, a clear majority of Germans support state‑led…
US Stock Markets Rise as Oil Prices Turbulent
The US stock markets finished higher on Monday. At New York’s market close, the Dow Jones Industrial Average was…
DAX Falls Amid Energy Price Hopes for Relief
The DAX slipped into the week, closing on Xetra at 23,409 points – a decline of 0.8 % from…