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Economy / Finance
2748 posts
Self-Employed and Civil Servants to Pay Contributions
In the ongoing debate about long-term financing of the pension system, Federal Minister of Labor Bärbel Bas (SPD)…
Ford in Cologne hit by Strike Call over Job Cuts and Management Criticisms
The IG Metall has called for a strike at the Ford works in Cologne. The work stoppage is…
Infineon Soars, Rheinmetall Falters
The Dax has continued its strong start to the week, remaining in the green until midday on Monday.…
German Industry Losing Punch in Global Competition, Ifo Report Warns
The competitiveness of German industry is declining on the global stage, according to a recent report from the…
Sanctions vs. Russia: Green Party Politician Sees Long-Term Impact
Grünen-Politiker Omid Nouripour believes that sanctions against Russia will eventually take effect. “It’s always the case that sanctions…
Hope for Global Markets
The Dax has started the trading week strongly on Monday morning. At around 9:30 am, the leading index…
China and US agree to gradually reduce tariffs in historic trade deal
China and the United States have agreed to gradually reduce their respective tariffs, according to a joint statement…
55% of Germans Say Economic Conditions Are Unfair, Survey Finds
According to a survey conducted by the Allensbach Institute on behalf of the Stiftung Familienunternehmen and reported by…
Work Minister Skeptical of Switching to Weekly Maximum Working Hours
Federal Employment Minister Bärbel Bas (SPD) urges caution in implementing a weekly rather than daily maximum working hours…
Monika Schnitzer: Civil Servants’ Pension Integration is ‘Meaningful’ for Future Generations
Monika Schnitzer, one of the “economic sages” of the German government, has called for the integration of civil…
Call for welfare insurance scheme and publicly managed ‘citizen’s fund’
The German Green Party has criticized the proposals put forward by Federal Minister of Labour Bärbel Bas (SPD)…
DHL Sees Profit in US-China Trade War Tariffs
DHL Could Benefit from Trump’s Trade War and Tariffs, Says CEO The logistics giant DHL could potentially benefit…
Greens Demand Immediate Action on Special Fund for Infrastructure and Climate Protection
Green Party’s Fraktionspresidentin Katharina Dröge has urged Federal Finance Minister Lars Klingbeil (SPD) to immediately propose the implementation…
Schleswig-Holstein’s Minister President Urges Federal Government to Ease Business Restrictions Before Summer Break
Schleswig-Holstein’s Ministerpräsident Daniel Günther (CDU) urges the new federal government to take initial steps to relieve businesses before…
Caritas Applauds Pension Debate, Blames Coalition Rift for Delayed Action.
Caritas President Eva Maria Welskop-Deffaa Supports Debate on Future of Pensions Caritas President Eva Maria Welskop-Deffaa has voiced…
Verdi calls for immediate action to prevent care collapse
On the occasion of the International Day of Caregivers, the service union Verdi has called on the newly…
Bas’s Pensions Plan Praised by DIW, But Warns of High Reform Costs
DIW Chief Marcel Fratzscher has praised the pension proposal by Federal Labor Minister Bärbel Bas (SPD) but pointed…
Ines Schwerdtner’s Vision for Class-Based Representation
Linken-Chefin Ines Schwerdtner aims to make her party a class-oriented organization and fight for the interests of workers.…
Linken Leader Warns of Loneliness Epidemic Due to Social Exclusion
Linken-Chef Jan van Aken has expressed concern over the increasing sense of isolation due to social exclusion. “Loneliness…
Merz Warns of Intensified Sanctions if Russia Rejects 30-Day Ceasefire
According to German Chancellor Friedrich Merz (CDU), the European Union, the United Kingdom and the United States are…
Connecting Renewables and Hydrogen for a Resilient Europe
Saarland’s Minister-President Anke Rehlinger (SPD) has proposed the idea of a European Union for renewable energies and hydrogen.…
Stock Markets Dip as Investors Await Trade Deal with China
US stock markets experienced a slight decline on Friday. At the end of trading in New York, the…
Dax Soars to Record High on Trade Dispute Optimism
At the end of the week, the Dax experienced growth. By the close of Xetra trading, the index…
Transport associations demand tougher measures from the new government
Transport associations call on the new black-red federal government to take a more decisive stance against fraud involving…
Dax Soars to Record Highs Amidst Friendly US Deal and Economic Optimism
The Dax continued to rise on Friday after opening at record levels. At around 12:30 pm, the leading…
Dax Soars to Record High, Analysts See Potential for Further Growth
The Dax opened the trading day on a positive note on Friday morning. At around 9:30 am, the…
Statistical Office: Insolvency Applications Spike in April
In April 2025, the number of filed bankruptcy cases in Germany increased by 3.3 percent compared to the…
New Transport Minister Urged to Stop Airlines Leaving Germany for Affordable Air Tickets
The federal states are urging the new Transport Minister, Patrick Schnieder (CDU), to stop the exodus of airlines…
US Stocks Soar on Hopes of Trade Deal with UK
US stock markets closed higher on Thursday. The Dow Jones Industrial Average ended the day in New York…
Trump Claims Big Win on Trade Deal with UK, but London Plays it Down
US President Donald Trump announced a trade deal with the United Kingdom on Thursday. However, the British government…
Dax Soars in Afternoon Trading; Infineon Surges Amid Trade War News
On Thursday, the Dax continued to rise after a friendly start earlier in the day. By around 12:30…
EU Eases CO2 Emission Rules for Cars, Vans Amidst Criticism
On Thursday, the European Parliament approved a relaxation of CO2 emission rules for new cars and trucks. With…
Fed’s Uncertain Path Leaves Markets Confused.
US stock markets closed higher on Wednesday after a rollercoaster day. The Dow Jones Industrial Average ended the…
Vattenfall CEO warns against unrealistic electricity price promises.
Vattenfall Germany CEO Warns Against Unrealistic Promises on Lowering Electricity Prices Vattenfall, a major European energy company, has…
Germany’s March exports soar, imports dip, boosting trade surplus
In March 2025, German exports increased by 1.1 percent compared to February 2025, adjusted for calendar and seasonality,…
Manufacturing Industry Sees Record Production Surge in March 2025
According to preliminary data from the Federal Statistical Office (Destatis), real (price-adjusted) production in the manufacturing industry rose…
Siemens Energy, Heidelberg Materials and Qiagen Lead the Charge
The Dax experienced a stronger start to trading on Thursday. Around 9:30 AM, the leading index was calculated…
Company Bankruptcies Surge to 20-Year High in Germany Despite Job Losses
In April 2024, the number of insolvencies of person and capital corporations in Germany unexpectedly rose significantly. According…
Renault CEO Warns of Chinese Competition
The CEO of the car manufacturer Renault expects further restructuring for automotive conglomerates in the current crisis of…
Dax Soars: Trump-EU Trade Rapprochement Hopes Boost European Markets
On Thursday, the Dax experienced significant growth. At the Xetra trading close, the index was calculated at 23,352.69…
Free Trade Over Tariffs
Bundeskanzler Friedrich Merz (CDU) plans to try and convince US President Donald Trump to abandon tariffs in favor…
US Central Bank Keeps Interest Rate Unchanged, Inflation Remains Elevated.
The US central bank, the Federal Reserve, has left its key interest rate unchanged at a range of…
Uniper Urges Faster Approvals for Gas Power Plants Amidst Energy Crisis
Uniper CEO calls for faster approval processes for gas power plants Michael Lewis, CEO of the Düsseldorf-based power…
Investors on the Sidelines
On Wednesday, the Dax experienced a decline. At the end of Xetra trading, the index was calculated at…
Businesses Warn of Major Disruptions
The plans of the new Federal Minister of the Interior, Alexander Dobrindt (CSU), for stricter border controls are…
Fuel Prices Plummet to Annual Low, Drivers Rejoice
The ADAC has reported that fuel prices have reached a new annual low. According to their findings, the…
FMC, Fresenius and Porsche Surge, Zalando and Sartorius Lag.
The Dax started the day at the previous day’s level on Wednesday and then slipped into negative territory…
BMW Profit Plunge Overwhelms Dax’s Stagnation
The Dax opened on Wednesday with little change. At 9:30 am, the Frankfurt stock exchange’s display showed approximately…
Online Platforms Hit New Highs
In 2024, guests from both domestic and international destinations booked a total of 60.4 million overnight stays in…
Processing industry order intake soars in March, driven by electrical equipment and pharmaceuticals
In March 2025, the seasonally and calendar-adjusted order intake in the processing industry increased by 3.6 percent compared…
Germany’s New Government Faces Sharp Criticism for Weak Start and Party Tactics
Moritz Schularick, the President of the Institute for World Economy (IfW), has sharply criticized the failed start of…
Bärbel Bas Resigns HKM Board Seat Amid Thyssenkrupp Threat
Bundesarbeitsministerin Bärbel Bas (SPD) has resigned from her board position at Hüttenwerke Krupp Mannesmann (HKM). Bas stated in…
A Crisis in the Market?
US stock markets declined on Tuesday. At the end of trading in New York, the Dow was calculated…
Dax Plummets After Chancellery Election Turmoil
On Tuesday, the Dax experienced losses. At the end of the Xetra trading, the index was calculated at…
EU Targets Complete Ban on Russian Gas Imports by 2027
The European Commission has proposed a plan to phase out imports of Russian gas, oil and nuclear material…
Dax Plummets in Afternoon Due to Chancellor Election Uncertainty
The Dax experienced a significant decline on Tuesday, following a slightly weaker start. By midday, the index was…
Dax Weakens as Investors Seek Non-Cyclical Stocks Amid Trade Tensions
The Dax started the trading day on Tuesday with a slight decline. At around 9:30 am, the leading…
Up 4,048 Euros in 10 Years!
According to data from the Federal Statistical Office (Destatis) released on Tuesday, full-time employees in health and care…
Almost Half of Self-Employed Face Challenges
According to their own statements, nearly half (48.4 percent) of self-employed individuals in April reported having too few…
Gesamtmetall Calls for Immediate Tax Reductions to Boost Competitiveness
Stefan Wolf, President of the Association of the German Metal and Electrical Industry Gesamtmetall, urges the newly appointed…
Investors Flee to Safe Haven
US stock markets declined on Monday. At the end of trading in New York, the Dow was calculated…
Dax Surges as Investors Hope for Economic Impulses from New Coalition
On the first day of the week, the Dax made significant gains. At the end of Xetra trading,…
Dax Soars Higher Amid Hope for Loose Monetary Policy
The Dax has continued to rise into the green area on Monday. By around 12:30, the leading index…
Auto suppliers brace for leaner profits amid global challenges
The global automotive supplier industry continues to face challenges. Stagnating production volumes, geopolitical uncertainty, increasing competition and rising…
Dax Soars Past 23,000 Mark, Oil Plummets to Record-Low Prices
The Dax started the trading week cautiously on Monday morning. At around 9:30 am, the leading index was…
US Tariffs Hit Auto Industry, Business Climate Plummets
The business climate index of the German automotive industry has slightly decreased in April 2025, falling to -30.7…
Employer Boss Wants to Cut Social Benefits, Cap at 40%!
Rainer Dulger, president of the employers’ association, calls for more intervention in the welfare state from the black-red…
Verdi Calls for Ban Process Against AfD, Demands Restriction of Party Members in Public Service
Following the re-evaluation of the AfD by the Constitutional Protection, Verdi service sector union chief, Frank Werneke, has…
Die Linke’s Ines Schwerdtner Calls for a ‘Party of the Class’ to Fight the AfD
Ines Schwerdtner, Co-Bundesvorsitzende der Linke, aims to establish the party as “the party of the class.” She stated…
Study Reveals
A new survey by the consulting firm McKinsey reveals that electric cars are once again in demand in…
Bundeswehr Should Focus on Drones, Not Traditional Arms
Former Airbus CEO Tom Enders warns the new German government against indiscriminately spending billions on armament and focusing…
US Stocks Surge as China Signals Open Door for Talks
The US stock markets saw significant gains on Friday. At the close of trading in New York, the…
Dax Soars Past 23,000 Points, Easing Economic Worries
At the end of the week, the Dax made significant gains. At the Xetra closing, the index was…
What Does It Mean for Investors?
The unemployment rate in the United States remained at 4.2 percent in April, according to the US Department…
EU and Indonesia Trade Talks Accelerate Amidst US Customs Policy Concerns
The European Union sees good prospects for quickly concluding trade talks with Indonesia. Talks have recently “made very…
Dax Rises Amid Airbus, MTU, Siemens Energy and SAP Stocks; BASF Slumps Post-Qualified Results
The Dax continued to be in the green on Friday after an already strong start to the trading…
Data transfers to China deemed insufficient
Ireland’s Data Protection Commission imposes a €530 million fine on TikTok. The Commission announced on Friday that TikTok…
Germany’s Energy Burden
A study by Enportal, an energy procurement advisor for businesses in Germany, shows that network fees are becoming…
2.2 Percent in April
Inflation in the Eurozone remains stable at 2.2 percent in April 2025 The annual inflation rate in the…
Dax Soars on Strong German Stocks, Tech Giants Disappoint
The Dax made a strong start to the trading day on Friday morning. At around 9:30 am, the…
Experts Warn of Rising Earnings and Economic Impact
There is a potential increase in black market work in Germany due to the proposed rise in the…
US Stock Markets Surge as Tech Stocks Soar!
US stock markets have risen on Thursday. At the end of trading in New York, the Dow was…
SoVD Shocked by Top Manager Salary Gap in Germany Amidst Pandemic Impact.
The Sozialverband Deutschland (SoVD) has sharply criticized the gap in salary development between employees and top managers. “I…
DIW Warns of Recession and Calls for Action
DIW President Marcel Fratzscher warns of the consequences of a struggling US economy for Germany and calls on…
Condos, Homes Skyrocket 1.1%, 2.9% in First Quarter of 2025
The prices of residential properties and single and double-family homes in Germany have experienced a significant increase for…
Warning: Nursing Insurance at Risk of Mass Bankruptcies – Urgent Action Needed
Anne-Kathrin Klemm, chairwoman of the BKK-Dachverband, is urging the new government to stabilize the financial situation of many…
Meat Industry Cheers as Meat Subsidies Rejected, New Minister Announced
Deutschland’s food and meat industry representatives welcome the appointment of Alois Rainer (CSU) as the new state agriculture…
Stock markets soar despite signs of weaker economy
US stock markets have risen on Wednesday. At the end of trading in New York, the Dow was…
US GDP Data Causes US Stock Market to Dip, Boosting Dax
On Wednesday, the Dax experienced an increase. At the Xetra trading close, the index was calculated at 22,497…
Greenpeace Slams Meat Tax Proposal of Upcoming Agriculture Minister
Greenpeace criticizes designee Federal Minister of Agriculture Alois Rainer (CSU) for advocating against higher taxes on meat and…
Imports Fuel Decline, Consumer Spending Weakens.
The US economy surprisingly contracted by 0.3 percent in the first quarter of 2025, marking the first negative…
Social Association: Pension Increase Insufficient for Many
The Social Association of Germany welcomes the pension increase that was introduced by the Federal Cabinet on Wednesday,…
Inflation rate drops to 2.1 percent, but core inflation remains high in April 2025
The annual increase in consumer prices in Germany has once again slightly slowed down in April 2025, according…
Verdi Union Demands 15 Euro Minimum Wage Starting Next Year
The head of the services union Verdi, Frank Werneke, expects the minimum wage to be at 15 euros…
Diesel and Super E10 Fall Below Previous Week’s Highs.
Diesel and Super fuel prices have decreased after the increase in the previous week. Super E10 has become…
Dax Surges Amid Reporting Season, Postpones Punitive Tariffs Worries
The Dax remained in the green area on Wednesday after a friendly start until midday. At around 12:30…
Pension Increase: July 1st Brings Higher Payments for Retirees
The outgoing federal government has brought the pension increase announced by Federal Minister of Labor Hubertus Heil (SPD)…
Inflation Rate Stays Steady Across Germany in April.
The nationwide annual inflation rate, which stood at 2.2 percent in March, is expected to have remained relatively…
Germany’s GDP Upslightly in Q1 Despite Year-on-Year Decline.
The gross domestic product (GDP) in Germany increased by 0.2 percent, seasonally and calendar-adjusted, compared to the previous…
Germany’s Unemployment Rate Soars to 6.3% Despite Seasonal Decline
The number of unemployed people in Germany has risen by 182,000 to 2.932 million in April compared to…