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Economy / Finance
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Economist Calls for European Gas Buying Cartel Amid Price Spikes
Faced with sharply rising procurement costs for natural gas, economist Gabriel Felbermayr is calling for European and Asian…
Economist Advocates Hike to Commuter Allowance
Economist Lars Feld has stated that an increase in the commuter allowance is advisable. Feld told the “Rheinische…
Rehlinger Demands Fuel Price Cap And VAT Cut Before Finance Summit
Ahead of a meeting with business associations and trade unions involving Finance Minister Lars Klingbeil (SPD), Saarländische Ministerpräsidentin…
Nursing Salaries See Significant Gains In Caregiving Fields
Wages for employees in care professions have increased considerably over recent years. This information comes from responses by…
US Markets Fall Oil Prices Jump Amid Mixed Signals
US stock markets gained ground on Thursday. By the close in New York, the Dow Jones stood at…
IG Metall Demands Quick Energy Price Relief Before Finance Minister Meeting
Before meeting with business associations and trade unions to discuss the economic situation stemming from the war in…
Tech Stocks Sink as Dax Drops Amid Profit Pressure
The DAX index dropped significantly on Thursday, closing the trading day at 23,807 points, marking a decline of…
German Homes Remain Out of Reach Despite Price Drops For First-Time Buyers
Despite slightly lower prices, purchasing a home remains largely unaffordable for many first-time buyers in Germany. This is…
EU Backs Efforts to Close Persistent Gender Pay Gap
Women will receive support from the EU in efforts to close the so-called gender pay gap. According to…
Dax Drops Despite Rising Oil Prices
The DAX remained in negative territory throughout the day on Thursday, continuing a weak start into the midday…
German Insolvencies Surge Signaling Deepest Recession Fears
The number of insolvencies for both sole proprietorships and corporations in Germany saw a surprisingly sharp increase in…
Germany’s Anti-Trust Body Predicts Sharp Gas Price Drops After US Iran Truce
Following the oil price drop due to the ceasefire agreement between the United States and Iran, the President…
Dax Opens Below 24000 Points Fragile Peace Lingers
The German DAX started the trading day on Thursday in decline. Around 9:30 AM, the leading index was…
Public Debt Jumps to 2661 Billion Euros Signaling Fiscal Concerns
As of the end of the fourth quarter of 2025, the public total budget was indebted for 2,661.5…
German Manufacturing Output Drops Moderately in February
Germany’s real industrial production in February 2026 fell by 0.3 percent compared to January, after adjusting for seasonality…
German Exports Rise February Shows Strong Trade Performance
German exports in February 2026, when adjusted for calendar and seasonal variations, rose by 3.6 percent compared to…
Truck Traffic Declines On German Highways Last Month
The usage of tolled heavy-duty trucks with at least four axles on federal motorways decreased by 0.3 percent…
German Self-Employed Report Increased Investment Plans for This Year
According to a recent survey from the Ifo Institute, 21 percent of self-employed individuals in Germany plan to…
Craft Trades to Offer Internships for Conscripts
The Central Association of German Crafts (ZDH) is encouraging the integration of practical work experiences within the military…
German Fuel Prices Expected To Remain High Despite Market Dip
Despite recent easing on the oil markets, economic advisor Gabriel Felbermayr expects gasoline prices in Germany to remain…
German Industry Warns Lingering Economic Troubles Despite Ceasefire
Despite a ceasefire in the Iran conflict, the German Chamber of Industry and Commerce (DIHK) has issued warnings…
US Stocks Surge Amid Fragile Iran Ceasefire
US stock markets experienced significant gains on Wednesday. By the close of trading in New York, the Dow…
German Stock Market Rallies Oil and Gas See Price Drops
The DAX gained significantly on Wednesday, closing at 24,081 points on the Xetra exchange. This represents a 5.1…
OMV Chief Predicts Months Of Slow Energy Market Recovery Despite Geopolitical Easing
Alfred Stern, the CEO of the Austrian energy and chemical conglomerate OMV, stated that despite indications of a…
IEA Boss Forecasts Lingering Effects From Iran Conflict Despite Ceasefire Talks
Fatih Birol, the head of the International Energy Agency (IEA), anticipates that the repercussions of the conflict in…
Experts Doubt Quick Gas Price Drops Despite Iran Tensions
Monika Schnitzer, chairwoman of the Expert Council for Assessing Overall Economic Development, does not anticipate that the ceasefire…
Hapag Lloyd Avoids Strait of Hormuz Despite Ceasefire Amid Safety Concerns
Despite the agreement on a two-week ceasefire between the United States and Iran, the shipping company Hapag-Lloyd continues…
Dax Soars Amid Middle East Tensions Easing
The German stock index, the Dax, maintained a strong upward trend on Wednesday afternoon, following an already exuberant…
One in Five German Businesses Feel Negative Impact From Climate Change
Over one in five companies in Germany, or 21 percent, are already being affected by the negative consequences…
DIW President Warns Iran War Truce Isn’t Peace Foresees Economic Risks
Marcel Fratzscher, head of the German Institute for Economic Research (DIW), warned about the possibility of renewed escalation…
Diesel Hits Record High Gasoline Close Following Price Stability Stun
A representative from ADAC told the dts news agency on Wednesday that, a week after entering effect, the…
DAX Surges To New Heights After Middle East Truce
The DAX opened on Wednesday with a significant jump, following the ceasefire in the Iran conflict. The leading…
EU Free Trade Push Could Revitalize Economy Counteracting US Tariffs
The conclusion of ongoing EU free trade negotiations could stimulate the EU’s economy and offset the damaging effects…
German Manufacturing Orders Boosted by 09 Percent in February
The real order intake in the German manufacturing sector rose by 0.9 percent in February 2026 compared to…
German Services Boom Sales Jump Driven by Tech and Transport
According to preliminary figures released by the Federal Statistical Office (Destatis) on Wednesday, the service sector in Germany…
Cartel Authority Investigates Gas Station Price Hiking Violations
The Federal Cartel Office is investigating initial breaches of the new regulation stipulating that gas station operators may…
Economic Expert Warns Against Fuel Price Caps and Increased Commuting Allowances
Michael Hüther, director of the employer-affiliated Institute of the German Economy (IW), advised against implementing price caps on…
US Stock Markets Show Mixed Signals Ahead of Iran Deadline
US stock markets presented a mixed picture on Tuesday. At the close in New York, the Dow was…
Tradesmen Demand Diesel Tax Break Amid Oil Crisis
Jörg Dittrich, President of the Central Association of German Crafts, has called for tax relief on diesel fuel…
Dax Slips Amid Tensions Iran Ultimatum Weighs On Markets
The DAX saw a noticeable decline on Tuesday, closing at 22,922 points, marking a 1.1 percent loss compared…
German Car Registrations Jump Significantly in March
In March 2026, a total of 294,161 new passenger cars were registered in Germany. According to the Federal…
Dax Gains Brighten Investor Mood After Slow Morning
The DAX experienced a slight increase on Tuesday afternoon after a subdued start to the trading day. Around…
German Economy Faces Steep Cuts Amid Iran Crisis Inflation Expected Near Five Percent
According to economist Isabella Weber, Germany faces profound economic difficulties due to the crisis involving Iran. Speaking to…
EU House Prices Climb Again Signal Continued Market Strength
House prices in the EU saw another notable increase recently. According to the EU statistics office, Eurostat, on…
DAX Dips After Easter Traders Eyes Trump Ultimatum
The DAX started the trading day on Tuesday with slight losses. At around 9:30 AM, the main index…
German Municipal Finances Record Historic Deficit Outpacing Revenue Growth
In 2025, the total public budget saw expenses increase by 6.0 percent and revenues rise by 5.2 percent…
German Auto Industry Mood Dims As Business Climate Cools
The business climate within Germany’s automotive sector appeared somewhat dampened during March. According to the Munich-based Ifo Institute,…
Berlin Left Calls For Fuel Subsidies To Aid Small Businesses
Elif Eralp, the leading candidate for the Berlin Left party, is calling for targeted relief measures to offset…
DGB Chair Slams SPD Over Retirement and Working Hours Politics
The chairwoman of the DGB, Yasmin Fahimi, voiced strong criticism regarding the key statements made by Vice Chancellor…
Greens and Left Slam Government Over Fuel Price Crisis Failure
As gasoline prices climb, the political opposition is criticizing the federal government harshly. Ines Schwerdtner, the leader of…
EV Charging Operator Cites Political Inconsistency Hindering Electromobility Future
Jeroen van Tilburg, the head of the charging station operator Ionity, has urged policymakers to create greater reliability…
GKV Chief Predicts Decline in Number of German Health Insurance Providers
Oliver Blatt, the chairman of the GKV-Spitzenverband (the central association for statutory health insurance providers), anticipates a continued…
NRW Landkreistag Warns Over Resistance to New Wind Turbines Demands Law Changes
Olaf Gericke, the president of the North Rhine-Westphalia district council, warned about increasing resistance towards new wind turbines…
Hope for End of War Boosts US Stock Market Gains
US stock markets experienced gains on Easter Monday. By the end of trading in New York, the Dow…
Germany Economy Ministry Weighs Options to Slash High Energy Costs
The Federal Ministry for Economic Affairs appears to have modeled several scenarios for how citizens could be financially…
German Startups Surge Reflecting Strong Growth Trend
Entrepreneurial activity in Germany showed an upturn last year, according to a preliminary analysis from the KfW development…
German Industry Fears Collapse of Key EU US Data Agreement
German economic associations have warned of severe consequences for businesses if the US government undermines the data agreement…
DGB Demands Coalition Talks on Reform Package
The German Trade Union Confederation (DGB) has called for joint discussions with the federal government concerning the planned…
Germany’s Economy Ministry Takes Clear Stance Against State Gas Reserves
The Federal Ministry for Economic Affairs and Climate Action is increasingly adopting a stance against establishing a potential…
German Employers Fear Economic Downturn Looms Large
The majority of German companies anticipate a further downturn in the economy. According to a survey conducted by…
Lufthansa Warns Over Fuel Shortages Amid Middle East Tensions
The Lufthansa Group is concerned that a prolonged conflict in the Middle East could lead to shortages in…
Pension at Seventy Unlikely Expert Says Retirement Age Increases Premature
Renten economist Axel Börsch-Supan argues that raising the retirement age to 70 years is unnecessary. Speaking to “Welt…
German Industry Hiring Slows Down Job Listings Drop Two Years Running
The number of jobs advertised in Germany’s industrial sector has fallen significantly for the second consecutive year. According…
Fordering Relief Hubig Cites High Fuel Prices Strain on Households
Justice Minister Stefanie Hubig (SPD) has called for effective reliefs to address the high costs of gasoline and…
Grimm Warns Stagnation Likely Amid Oil Crisis and Iran Tensions
According to Veronika Grimm, a supervisory board member at Siemens Energy, economic stagnation is not unlikely in the…
German Minister Proposes Federal Corporation for Affordable Housing
Finance Minister Lars Klingbeil (SPD) plans to tackle the severe housing market issues by establishing a “Federal Company…
German Holiday Homes Prices Surge 10% in Elite Coastal and Alpine Locations
Holiday apartments in Germany’s top vacation destinations are rising in price, especially in the most exclusive coastal and…
US Unemployment Rate Falls to 4.3% in March
The U.S. unemployment rate slipped slightly to 4.3 percent in March, according to the Department of Labor’s release on…
Jay Leno Predicts Combustion Engines Face Same Fate As Horses
Former late‑night host Jay Leno warns that gasoline cars may face a fate similar to that of horses. “They…
Bavaria’s Municipalities Raise Property Tax 10% Following Reform
Bavarian municipalities took advantage of the property‑tax reform last year to raise revenues significantly.According to figures released by…
US Stocks Rise as Oil Prices Plunge
The U.S. equity markets closed higher on Wednesday. At New York’s close the Dow Jones Industrial Average settled at…
Ricarda Lang Urges Remote Work as Fuel Savings Tool
In light of sharply rising fuel prices, Green Party politician Ricarda Lang is calling for a statutory right to…
Economist Ulrike Malmendier Sparks Crisis Talk Between Reiche and Habeck
Economist Ulrike Malmendier has called for a discussion between Federal Minister of Economic Affairs Katharina Reiche (CDU) and her former…
US Stocks Mixed As Oil Prices Surge
On Thursday, U.S. markets displayed mixed results. At close, the Dow Jones Industrial Average stood at 46 505 points,…
DAX Drops Amid Iran Conflict Fears
On Thursday the DAX slipped. At the close of Xetra trading, the index was calculated at 23,168 points,…
Easter Egg Shortage Looms as Germany Faces Empty Shelves Ahead of Spring
Germany is facing empty egg shelves in supermarkets right before Easter. Analyst Margit Beck of Marktinfo Eier & Geflügel (MEG) told…
DAX Rides Red Trend As Volatility Persists
At around 12:30 pm German time on Thursday, the DAX slipped further into red territory, trading at 22 825 points-about…
Dax Opens on Good Friday in Red While Trump Sets the Tone
The DAX opened trading on Thursday with losses. At about 9:30 a.m. the index was measured at roughly 22,930…
IFALPA Slams Lufthansa Over Termination of Cockpit Alliance Waiver Deal
The International Federation of Air Line Pilots’ Associations (IFALPA) has criticized Lufthansa for terminating the exemption agreement with…
Diesel Prices Hit All Time High With Austria Model Launch
On the day the so‑called Austria model was rolled out, gas prices in Germany hit a new all‑time…
KfW Warns Iran War Sinks German Mittelstand Spirits
The conflict in Iran is weighing heavily on German SMEs. In March the business climate index for small…
German Chemical Industry Sees Sharp Drop in Business Confidence in March
The business climate in Germany’s chemical industry has deteriorated sharply in March. The Ifo Institute’s industry indicator slipped…
German IT Leaders Question Feasibility of AI Gigafactories Due to Funding Challenges
Leading figures in Germany’s IT sector say that the establishment of an AI gigafactory in the country is…
Digital Ministry Plans Central Startup Hub to Simplify Business Launches
The Digital Ministry, headed by Karsten Wildberger of the CDU, plans to launch a central business‑founding platform this…
DAX Climbs Sharply After Strong Start No Euphoria Yet
At 12:30 on Wednesday, the DAX was trading at 23,140 points, a level that is 2.0 % above the…
German Fuel Prices Rise Again Ahead of New Station Rule Diesel Hits 2.316 Euro per Liter
Fuel prices in Germany rose again just before the new station regulation came into force. According to an…
Record German Municipal Deficit Hits 31.9 Billion Euros in 2025
In 2025, core and extra‑household finances of German municipalities and municipal associations posted a financing deficit of €31.9 billion,…
US Markets Rally on Hope for Gulf De-escalation
The U.S. stock markets added strongly on Tuesday. By the close of New York trading, the Dow was quoted…
German Employment Declines Again in February 2026 with 45.5 Million Workers
In February 2026, about 45.5 million people living in Germany were employed. According to provisional estimates from the Federal Statistical…
German Households Pay 12.23 Cents per kWh Natural Gas Prices Spike in Second Half 2025
In the second half of 2025 private households in Germany paid an average of 12.23 cents per kilowatt‑hour for…
LinkedIn Says Users Should Skip “AI Junk” as CEO Warns of Social Media AI Risks
LinkedIn’s chief, Ryan Roslansky, has warned about the pitfalls of AI‑generated content on social networks. “Just pressing a button…
Dax Rises as Oil Prices Keep Climbing
On Tuesday the DAX gained. At the close of Xetra trading the index stood at 22,680 points, up…
German Import Prices Drop 2.3% in Feb 2026 Before Iran War
In February 2026, German import prices were 2.3 % lower than the same month a year earlier, while they rose…
Electronic Tip Options Face Skepticism as Only 29 Percent of Germans Find Them Practical
The option to suggest a tip when paying electronically is now common in many shops and restaurants, but…
Economist Truger calls for action against inflation as Gulf war triggers price shock
Economist Achim Truger is calling for a macro‑economic response to the looming price shock triggered by the Gulf…
Sixt Warns Rental Prices Will Rise as EU Pushes Fleet Electrification
The EU’s proposed rules to electrify commercial vehicle fleets are expected to drive up rental car prices, according…
Lufthansa Mulls Pulling 20 Jets From Service Amid Iran War Fallout
Lufthansa is reviewing the possibility of keeping about 20 of its aircraft grounded as a precautionary measure in…
Three-quarters of German early retirees would work longer if conditions were improved
Three out of every four early retirees in Germany would be willing to extend their working lives if…
DAX Rises into Green as Rheinmetall Leads the Surge
The DAX turned upside‑turned into the green zone by mid‑afternoon after a steady start. At about 12:30 p.m.…
Evonik CEO Reverses Stance, Urges EU to Reform or Scrap Emissions Trading Scheme
In late November, Evonik’s CEO Christian Kullmann urged the EU Commission to either abolish the European Emissions Trading System…