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Economy / Finance
4154 posts
Carmaker Shift Fuels Supplier Job Fears
The automotive supply sector is facing a wave of job losses following Bosch’s recent announcement of 13,000 redundancies,…
Merkel Successor Sparks Combustion Engine Debate
The Social Democratic Party (SPD) has strongly condemned a recent proposal by Chancellor Friedrich Merz (CDU) to reconsider…
Greens Push for Household Help Subsidies
The Green Party is advocating for government-funded vouchers to subsidize household services, including cleaning, cooking, care for family…
Germany Eyes Wider Net for Pension Funding
To ensure the long-term viability of the pension system as the large birth cohorts retire, the chair of…
Estonia Seeks Seizure of Russian Assets
Estonian Prime Minister Kaja Kallas has advocated for the confiscation of assets frozen within the European Union belonging…
Germany Urges Hydrogen Pipeline for European Energy Independence
The head of Germany’s state-owned KfW development bank, Stefan Wintels, has advocated for enhanced European energy autonomy and…
Full-Time Benefit Boost for Welfare Recipients
The chair of the German Confederation of Trade Unions (DGB), Yasmin Fahimi, has proposed a premium for recipients…
Early Retirement Plan Sparks Outrage
The President of the German Caritasverband, Eva Maria Welskop-Deffaa, has voiced strong criticism regarding the German government’s proposed…
Stocks Surge On Inflation Data
US equity markets concluded Friday with gains, driven by encouraging inflation data and signaling potential shifts in monetary…
Greens Push for Electric Vehicle Boost
Concerns are mounting within Germany regarding the future of its automotive industry, prompting calls for increased governmental support…
Tesla Faces Union Accusations
The leader of the IG Metall trade union, Christiane Benner, has voiced strong criticism regarding Tesla’s approach to…
Stocks Surge on US Spending Data
The German stock market concluded the week on a positive note, with the DAX index gaining traction throughout…
Renters Face Rising Evictions
Concerns are growing over a rise in “self-use” eviction notices – where landlords claim they or family members…
Gamers Spend Big on Games
A recent survey conducted by the Bitkom industry association reveals the significant financial investment German residents make in…
Stocks Edge Higher Insurance Focus
The German stock market benchmark, the DAX, maintained a positive trend throughout Friday morning, although it relinquished a…
Deutsche Bahn Unveils 2026 Timetable
Deutsche Bahn has unveiled its new timetable for 2026, marking a significant expansion and standardization of its long-distance…
Stocks Rally on Rate Hope
30 AM.. This represented a gain of 0.5% compared to the previous day’s closing value. Despite a cautious…
Job Cuts Loom for German Firms
German businesses are increasingly factoring in leaner staffing models, according to a recent survey released Friday by the…
EU Car Ban Debate Resurfaces
The German Social Democratic Party (SPD) has indicated a willingness to discuss potential adjustments to the European Union’s…
Stocks Slip Amid AI Concerns Shutdown Fears
US equity markets experienced a downturn Thursday, closing with losses across key indices. The Dow Jones Industrial Average…
EU to Counter Chinese Imports
The European Union is poised to implement a series of protective measures in response to escalating trade tensions…
Holiday Hiring Surge at DHL
Logistics giant DHL is preparing to recruit thousands of delivery personnel to manage the surge in demand during…
Germany Debates Auto Industry Aid After Job Cuts
The announcement by automotive supplier Bosch regarding the planned reduction of 13,000 jobs has prompted calls for increased…
Union Calls for EV Aid Supplier Support
German automotive suppliers are facing increasing strain, prompting calls for government intervention to ensure their stability during a…
Commerzbank Facing Unwanted Takeover Risk
A significant risk has emerged concerning Commerzbank’s ongoing share buyback program, as highlighted by New York-based investor Metronuclear.…
Business Fears Rising Far-Right Support
Concerns are growing within the German business community regarding the potential impact of further support for the Alternative…
Tech Shares Drag Down German Index
The German DAX index experienced a decline on Thursday, closing at 23,535 points, representing a 0.6% decrease compared…
Xiaomi Drives into Germany Auto Ambitions Rise
Xiaomi is poised to enter the European automotive market, targeting a launch in 2027 and prioritizing Germany as…
SAP Faces EU Antitrust Probe
The European Commission has formally launched an investigation into SAP, a major software company, to assess potential distortions…
Dax Struggles Investors Eye Data
European markets experienced a subdued trading session on Thursday, with the German DAX index remaining in negative territory…
Bosch Cuts 13000 Jobs
Bosch, the technology and engineering giant, announced on Thursday plans to eliminate an additional 13,000 positions globally. The…
AI Giant Considers Nuclear Power
OpenAI’s CEO, Sam Altman, has highlighted the potential of nuclear power as a crucial energy source to support…
Lower Energy Bills Boost Households 2026
German businesses and households are likely to see a decrease in electricity prices next year, stemming from anticipated…
Rompf Exit Regret Sparks Union Praise
The appointment of Dirk Rompf as the new head of DB Infrago, the infrastructure division of German rail…
Rompf No Longer DB-Infrago CEO
Dirk Rompf will not assume the role of CEO of Infrago, the infrastructure division of Deutsche Bahn (DB),…
Economists Urge Caution on Growth Forecast
Leading German economic research institutes are cautioning policymakers against misinterpreting a newly released growth forecast for the upcoming…
Germany Turkey Döner Deal Reached
A dispute concerning the designation of “Döner” as a protected traditional specialty has concluded between Turkey and Germany.…
Bosch Plans Major Job Cuts
Bosch, a leading global automotive supplier and technology company, is reportedly planning a significant reduction in its workforce,…
German Economy Sees Slight Growth Boost
Leading German economic research institutes have modestly revised upwards their forecast for economic growth this year. The updated…
Empty Homes Fuel Housing Crisis
A significant number of federally owned properties, including apartments, remain unused despite a critical shortage of affordable housing…
German Exports See Optimism Rise
Sentiment is improving within Germany’s export sector, according to the latest data from the Ifo Institute. September saw…
Dax Opens Lower Direction Uncertain
The German benchmark index, the DAX, commenced trading on Thursday with losses, reflecting ongoing uncertainty amongst investors. Shortly…
Hybrid Work Gains Ground
Recent data from the Federal Statistical Office (Destatis) reveals a continuing, albeit evolving, prevalence of remote work in…
East Germany Faces Industrial Decline Warning
Concerns are mounting over the potential for further industrial decline in eastern Germany, prompting a strong warning from…
Ex-Job Agency Head Urges Benefit Loophole Closure
A former head of the Federal Employment Agency, Detlef Scheele, is calling for legislative changes to the Bürgergeld…
Consumer Confidence Rebounds
Consumer confidence in Germany showed signs of stabilization in September, halting a three-month decline fueled by improved expectations…
Construction Orders Rise Despite Housing Dip
Construction sector order intake saw a moderate increase in July 2025, according to data released by the Federal…
VW Eyes Unified Software Across All Powertrains
The Volkswagen Group is evaluating the potential development of a unified operating system applicable to both electric and…
Utilities Urge Billions for Heat Network Expansion
The Association of Municipal Utilities (VKU), representing a significant number of energy suppliers, has cautioned that insufficient federal…
Stocks Slide Amid US Budget Concerns
US equity markets experienced a decline on Wednesday, following a week of gains spurred by an interest rate…
Potato Harvest Set for Silver Jubilee
Germany anticipates a potentially record-breaking potato harvest in 2025, the Federal Ministry of Agriculture reported this week. Preliminary…
Germany Beckons Investors Safe Haven
Tennet Deutschland, a leading electricity transmission network operator, has welcomed the investment of three new partners, signaling confidence…
Potato Harvest Set for Historic High
Germany anticipates a potentially record-breaking potato harvest in 2025, the Federal Ministry of Agriculture reported on Wednesday, signaling…
Record Potato Harvest Looms
Preliminary data from the German Federal Ministry of Agriculture indicates the potential for a significantly robust potato harvest…
Dax Rises Zalando Rheinmetall Lead
The German stock exchange experienced a positive trading day on Wednesday, with the DAX index closing at 23,667…
Potato Harvest Set for Record High
Preliminary data from the German Federal Ministry of Agriculture indicates the potential for a potato harvest in 2025…
Potato Harvest Set for Silver Jubilee High
Preliminary data from the German Federal Ministry of Agriculture indicates the potential for a potato harvest in 2025…
Potato Harvest Set for Silver Jubilee High
Preliminary data from the German Federal Ministry of Agriculture indicates the potential for a potato harvest in 2025…
Potato Harvest Set for Silver Anniversary High
Germany anticipates a potentially record-breaking potato harvest in 2025, the Ministry of Food and Agriculture announced this week.…
Business Leaders Urge Policy Shift
Leading representatives of German industry associations are urging the federal government to implement rapid reforms of the social…
Housing Prices Surge in Germany
According to figures released Wednesday by the Statistical Federal Office, residential property prices in Germany increased by an…
Stocks Slip Amid Weak Data
European markets experienced a subdued performance Wednesday, with the leading German index, the DAX, remaining in negative territory…
Home Prices Surge in Germany
According to data released Wednesday by the Statistical Federal Office, residential property prices in Germany increased by an…
Home Prices Surge in Germany
According to data released Wednesday by the Federal Statistical Office, residential property prices in Germany experienced an average…
Construction Faces Major Skills Shortage in Germany
A significant shortage of skilled workers is threatening to derail infrastructure projects funded by Germany’s Special Fund for…
Housing Prices Surge in Germany
Recent data released by the Statistical Federal Office indicates a continuing upward trend in residential property prices across…
German Business Confidence Dips
Business confidence in Germany has unexpectedly weakened, according to the latest data released by the Ifo Institute. The…
Dax Opens Lower
The German stock market benchmark, the DAX, commenced trading on Wednesday with losses. Around 9:30 am local time,…
Home Prices Surge in Germany
The Federal Statistical Office reported on Wednesday that residential property prices in Germany increased by an average of…
Zoom Fatigue Debunked
A recent study from Johannes Gutenberg University Mainz challenges the widely held belief in “Zoom fatigue” suggesting that…
Home Prices Rise Again
According to data released Wednesday by the Federal Statistical Office, residential property prices in Germany rose by an…
Lufthansa Axes Routes Cites Rising Costs
Lufthansa Airlines’ CEO Jens Ritter has cautioned that the company may be forced to discontinue further flight routes…
Starlink Could Reach Millions in Germany
A recent study suggests the potential reach of Elon Musk’s Starlink satellite internet service in Germany is significantly…
Youth Debt Crisis Looms
Consumer advocates are raising concerns about a growing trend of debt accumulation among young people, particularly linked to…
Business Groups Demand Reform After Budget Reveal
The German government’s proposal for the 2026 budget and subsequent financial plan to 2029, unveiled by Finance Minister…
Stocks Slip Powell Flags No Easy Path
US stock markets experienced a downturn on Tuesday, concluding the trading day in New York with the Dow…
Chinese Firm Plans Luxury EV Plant in Germany
Chinese technology firm Dreame is planning to establish a luxury electric vehicle manufacturing facility in Brandenburg, Germany, strategically…
Wildberger Seeks Lighter Business Reporting
A comprehensive modernization agenda is being developed in Germany to streamline state operations and enhance efficiency, according to…
Stocks Rally Oil Prices Surge
The German stock index, the DAX, experienced a positive session on Tuesday, closing at 23,611 points. This represented…
Bahn Appointment Sparks Union Clash
Following the appointment of Evelyn Palla as the new CEO of Deutsche Bahn, a leading rail union has…
Bahn Confirms Palla as New CEO
The Supervisory Board of Deutsche Bahn has confirmed Evelyn Palla as the new CEO of the national railway…
Tech Boosts German Market
The German DAX index continued its upward trajectory on Tuesday, building on a positive start to maintain gains…
Lidl Plus Wins Court Battle
The Higher Regional Court of Stuttgart has dismissed a lawsuit filed by the Federation of German Consumer Associations…
Stocks Rise Amid Regional Market Splits
The German DAX index opened Tuesday’s trading session with gains, demonstrating a slight upward trend. Shortly after 9:30…
Workers Demand Eight-Hour Day
A recent survey reveals widespread opposition among members of the IG BCE, a major industrial trade union representing…
New German Suburbs Surge Past 300
Germany has witnessed the emergence of 309 new urban districts since the year 2000, extending to the end…
Eurofighter Future Faces Doubt
Concerns are mounting within Airbus and among German political circles regarding the future development of the Future Combat…
EU Indonesia Trade Deal Reached
The European Union and Indonesia have concluded negotiations on a comprehensive Economic Partnership Agreement (EPA), as announced by…
Economic Woes Hit Workplace Morale
A recent survey by the Institute of German Economics (IW Köln) has revealed a correlation between a company’s…
CSU Demands EU Migration Controls
Concerns regarding potential social welfare fraud involving citizens of other European Union member states have prompted the Christian…
Stocks Surge Nasdaq Hits Record
US equity markets saw gains on Monday, closing with a mixed performance influenced by policy announcements and shifting…
PorscheVW Drag Down German Stocks
The German stock market benchmark, the DAX, experienced a decline at the start of the trading week. Closing…
Rail Union Demands Overhaul
The German Locomotive Drivers’ Union (GDL) has voiced concerns that the current strategic realignment of Deutsche Bahn is…
Germany Fights to Protect Wine Production
Germany is planning to launch an initiative within the EU Agricultural Council to reinstate the permitted use of…
German Rail Reform Goals Face Industry Skepticism
German rail industry representatives have expressed reservations regarding the ambitious plans outlined by Federal Transport Minister Patrick Schnieder…
Siemens Calls for Faster Reforms
The CEO of Siemens, Roland Busch, has urgently called for an acceleration of economic reforms in Germany, warning…
Union to Oppose Bahn’s New CEO
The German rail and transport union, EVG, has announced its intention to vote against the nomination of Evelyn…
Stocks Slide Automakers Hit
European markets experienced a subdued start to the trading week on Monday, with the German DAX index remaining…
Economics Education Fuels Future Entrepreneurs
A new study conducted by the Ifo Institute and the Johannes Gutenberg University Mainz reveals a significant correlation…
Cherry Harvest Sweetens German Farms
German fruit growers have reported a strong cherry harvest for the summer of 2025. According to final estimates…