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Economy / Finance
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DAX Drops Early as Market Volatility Rises
The German stock index DAX opened Thursday morning in the red. At about 9:30 a.m. local time the benchmark…
German Services Sector Rises 2.1% Real and 3.9% Nominal Revenue in 2025
In 2025, Germany’s services sector generated a real sales increase of 2.1 % and a nominal rise of 3.9 %…
US Trade Expert Says Iran War Is Not a Threat to Global Economy
Adam Posen, a U.S. trade expert and president of the Peterson Institute for International Economics in Washington, DC,…
Greens Urge European Energy Security Taskforce Amid Iran War Impacters
In light of the war in Iran and its repercussions around the Persian Gulf, Green Party leader Franziska…
German Green Leader Dzienus Calls Citizen Income Reform a Vote of Misery Against the People
Greens member Timon Dzienus has slammed the planned re‑design of Bürgergeld into a new form of basic security as…
Welfare Now Covers One in Three Nursing Home Residents According to DAK Study
More and more residents in nursing homes are unable to cover their individual contributions and must rely on…
German Employers Push Back Salary for First Day of Illness Amid Rising Sick Leave Crisis
In light of rising absenteeism in Germany, employers’ association president Rainer Dulger argues that workers should not receive wages…
Bas Praises New Basic Security as Socially Fair Ahead of Bundestag Vote
Before the Bundestag vote on Thursday to approve the new citizen‑funding reform, Federal Labour Minister Bärbel Bas (SPD)…
German Social Association Slams Bürgergeld Reform Over Housing and Job Training Cuts
Just before the Bundestag’s final vote on reforming the Bürgergeld into basic security, the Social Association Germany (SoVD)…
SPD Calls on Antitrust Office to Investigate Fuel Price Hike Amid Iran Crisis
SPD General Secretary Tim Klüssendorf has urged the Federal Cartel Office to investigate the recent price hikes for gas,…
German Statutory Health Insurers Post €3.5 Billion Surplus in 2025 Despite Rising Expenditures
Despite notably higher expenditures, statutory health insurance funds concluded 2025 with a surplus of €3.5 billion, according to figures…
German Heating Law Sparks Fury As Heidi Reichinnek Calls It a Double Slam of Stupidity
Heidi Reichinnek, the chairwoman of the Left party’s parliamentary group, has called the proposed amendments to the Building…
SPD Pushes to Freeze Daily Fuel Price Hikes Amid Iran War Surge in Prices
Facing further rises in gasoline and diesel prices triggered by the war in Iran, the SPD intends to…
US Stocks Rise on Wednesday as Market Eyes Hopeful Iran Negotiations
The U.S. stock markets finished higher on Wednesday. At the close in New York, the Dow Jones Industrial…
German Leader Urges Over‑Profit Tax on Oil Giants After Fuel Price Surge
Due to the sharply rising gasoline prices that have begun with the onset of the Iran war, Bremen’s…
Tech Elite Frame AI as Salvation, Religious Overtones Exposed
In Heidelberg, religious studies scholar Inken Prohl argues that the futuristic visions of tech elites concerning artificial intelligence contain…
EU Nears Agreement to Ban Meat‑Alternative Names for Veggie Products
The long‑debated EU ban on using food‑meat names for plant‑based products may actually be on its way. According…
Left Party Says Costs of Basic Income Reform Exceed Expected Savings
The Left party sharply criticized the federal government’s proposal to reform the citizens’ income system. Social policy spokesperson…
Germany Environment Minister Calls for Fossil‑Fuel Independence Amid Iran Conflict
Federal Environment Minister Carsten Schneider (SPD) urged a new direction for Germany’s energy policy in light of the war…
DAX jumps as hope for Iran war recovery fuels gains
The DAX rose sharply on Wednesday. At the close of Xetra trading it stood at 24,205 points, up…
Hapag Lloyd Doubts Trump’s Rapid Military Escort of Merchant Ships Through the Hormuz Strait
Silke Lehmköster, fleet chief of Hapag‑Lloyd, does not think a rapid military escort of merchant vessels through the Strait…
Schleswig-Holsteins Premier Urges Rapid Renewable Expansion Amid Energy Crisis and Iran War
Schleswig‑Holstein’s Minister‑President Daniel Günther (CDU) has called for a rapid expansion of renewable energy in light of the war…
Leonardo Positions for FCAS Failure, Targets Airbus in New Jet Alliance
Leonardo, the Italian defence company, is preparing for a scenario in which the German‑French Future Combat Air System…
New Economic Adviser Considers Fuel Price Caps to Stem Inflation Risk from Iran War
Gabriel Felbermayr, Austria’s new economics secretary, says that he is not ruling out upper limits for gasoline prices at…
Ifo President Fuest Calls Tank Discount Harmful to Economy
Clemens Fuest, president of the Ifo institute, criticised a government intervention at the fuel pump. “A petrol discount would…
DAX Builds Gains as Investor Confidence Surges
The DAX accelerated its recovery from the market open until noon. By 12:30 p.m. it stood at 24,180…
Reduced Restaurant VAT to 7 Percent Not Felt by Customers as Prices Stay Steady
Two months after the German government lowered the VAT rate for restaurants from 19 % to 7 %, the expected…
DAX Starts Mild Recovery Effort While Nervousness Persists
The DAX opened on Wednesday morning with a modest gain after a series of sharp losses over the…
Fuel Prices in Germany Jump 12 Cent per Liter After Iran War Outbreak
The fuel prices at German petrol stations have spiked dramatically since the outbreak of war in Iran. A…
German SMEs Show Renewed Spirit for Innovation
In the period from 2022 to 2024, 41 percent – equivalent to 1.6 million firms – reported making at least…
Auto Industry Business Outlook Improves Again In February
The business climate in Germany’s auto industry continued to improve in February. The Ifo business climate indicator rose…
Malmendier Urges End to Long Iran Conflict
Former economist Ulrike Malmendier warns that a protracted Iran war would carry serious economic and political fallout for the…
Iran Plays Its Cards Effectively Threatening Global Economy If Hormuz Strait Blocked Amid War Escalation
Security expert Peter Neumann warns that global economic fallout could follow if the conflict escalates after Iran blocks the…
DIHK Warns of Rising Economic Risks as Iran War Worsens and German Gas Stores Run Low
DiHK President Peter Adrian has expressed concern about the economic risks posed by the Iran conflict, particularly the…
US Stocks Plunge on Middle East Tension, Rally Back Strong
On Tuesday, U.S. stock markets fell again amid the escalating tensions in the Middle East, recording sharp early…
US Fund Managers Dump Europe Amid Iran War and Energy Shock
Ulrike Rondorf, head of investment strategy at Lampe Asset Management, attributes the sharp sell‑off in European equity markets…
BundesKartellamt Flags Early Gasoline Price Hikes Before Iran War, Urges Drivers to Check Pump Prices
The president of Germany’s Federal Cartel Office, Andreas Mundt, urged motorists to scrutinise fuel prices before they fill up.…
Middle East Tensions Send DAX to Crash
The DAX slid steeply on Tuesday as worries over the Middle East intensified. At Xetra’s close the index finished…
Greens Urge German Cartel Office to Intensify Gas Station Price Investigation
The Greens have asked Germany’s Federal Cartel Office to scrutinise the current fuel‑price spikes at German service stations…
DAX Accelerates Slide While Markets Remain Highly Volatile
The DAX continued to decline on Tuesday, slipping into the red by mid‑day after an already very weak…
Germany’s Part‑Time Employment Rate Hits New Record in 2025
In 2025 the share of part‑time workers in Germany reached a new high, rising by 0.4 percentage points…
TUI CEO Acknowledges No Push for Gulf Tourism Safety Rating Before Iran Conflict
The CEO of the travel company Tui, Sebastian Ebel, made it clear that the tour operators had not pressured…
Euro Zone Inflation Climbs to 1.9 Percent in February 2026
The European Union’s statistical office, Eurostat, announced that the annual inflation rate for the eurozone rose to 1.9 percent…
German Gas Prices Could Spike to €2.60 As Trade Expert Warns of International Pressure
Considering the international situation, trade expert Gerrit Heinemann from the University of the Lower Rhine warns that gasoline prices…
Gas Prices Surge 25% as Middle East Conflict Escalates
The ongoing escalation in the Middle East has pushed gas prices higher still, with a roughly 25 % jump…
DAX Slumps as Iran Conflict Focus Drives Market Down
The DAX opened the trading day on Tuesday with sharp losses. By 9:30 am the index stood at about…
TUI Launches Evacuation Operations Today As Middle East Tensions Escalate
Faced with escalating tensions in the Middle East, Tui CEO Sebastian Ebel announced retrieval operations for German tourists stranded…
Women Still Rarely Serve as Primary Earners in German Couple Households
In Germany it is still rare for women to bring in more income to a shared household than…
Felbermayr Hopes Iran Regime Shift Boosts German Growth Amid War‑Related Supply Woes
German economist and appointed economic adviser Gabriel Felbermayr warned that the war in Iran would have short‑term negative effects…
German Telecom Association Warns Of Deutsche Telekom’s Growing Market Dominance During Fiber Rollout
VATM, the German telecommunications association, has warned that Deutsche Telekom’s growing dominance in the fibre‑optic market could undermine competition…
Iran War Drives Rising Food Prices According to Münchner Economist
Monika Schnitzer, the economist from Munich, warns that the conflict with Iran is likely to raise prices across…
Survey Shows Narrow Majority Back EU’s Harder Stance in US Customs Dispute
In the ongoing tariff dispute with the United States, a slim majority of Germans favor a forceful response…
US Markets Hold Steady After Iran Attack
The U.S. stock markets were relatively flat on Monday. By the close of New York trading, the Dow…
EU Weaken Buy-European Rules In New Draft
The European Commission is scaling back one of its most significant industrial‑policy initiatives, according to a new draft…
Juso Leader Calls for EU Digital Defiance Against US Hegemony with Open Source Alternatives
Juso chief Philipp Türmer appealed for a tougher stance from Europe in response to German Chancellor Friedrich Merz’s visit to Washington.…
Pilots Back Off Strike Plans as Global Political Tensions Rise, Cockpit Union Cites International Concerns
During this week the Cockpit pilot union (VC) has chosen not to carry out any work‑stop actions. “Given…
Klingbeil Tightens Market Watch Amid Middle East War Unrest
Due to turmoil in international financial and commodity markets sparked by the Middle‑East conflict, German Finance Minister Lars…
DAX Plummets Amid Iran Tensions While Markets Show Resilience
The Dax opened this week with a substantial retreat, closing at 24,638 points – a fall of 2.6 %…
Coalition Seals Deal on Citizen Basic Income Reform Ahead of Bundestag Vote
Union and SPD have reportedly settled the remaining disagreements over the Bürgergeld reform. According to reports in “Stern”…
German Grid Agency Predicts Rising Gas Prices Amid Iran Conflict and Global Market Pressure
According to Klaus Müller, chief of the Bundesnetzagentur, a conflict in Iran is likely to push German gas prices…
Gas Prices Surge 25 % After Middle East Tensions as EU Spot Hits 48 Euros per MWh
After the escalation in the Middle East, gas prices surged by roughly 25 % on Monday. At noon, European…
SAP Announces Major Board Restructuring Amid Strategic Shift
The board of software manufacturer SAP appears to be undergoing another reshuffle. According to the “Handelsblatt” Tuesday issue,…
DAX Slips Slightly Amid Middle East Tensions Investors Stay Calm
30 p..m., which was roughly 1.9 % below the previous day’s close. The top performers were Deutsche Börse, Rheinmetall, and…
Starlink Plans 150 Mbps 5G Mobile Service
SpaceX is reportedly planning a mobile service that could deliver speeds of up to 150 Mbps. Two senior SpaceX…
Dax Starts Weak as Investors React to Middle East Conflict
The DAX opened the trading day on Monday with sharp losses. By 9:30 a.m. the benchmark was priced at…
German Retail Sales Dip 0.9% in January 2026
Retail sales in Germany fell 0.9 % in real terms after calendar‑ and seasonally adjusting, from December to January 2026.…
German Home‑Office Share Steady at 24.3 Percent of Workers in February
In February, 24.3 % of all workers in Germany reported working at least partly from home, according to the…
RWE Rejects Mini Reactor Investment Saying SMRs Not Economically Viable
Markus Krebber, head of RWE, says that investing in small modular reactors (SMRs) is not economically feasible at…
Green Party Unveils New Economic Blueprint Boasting 5-Cent Energy Prices To Close Deal With Business
One year after the tough defeat in the federal election, the Greens aim to heal the rift between…
Axel Börsch‑Supan Urges Civil Servants to Join Germany’s Statutory Pension Fund
Economist and pension specialist Axel Börsch‑Supan argues that Germany’s civil servants should be integrated into the statutory pension…
Economists Warn of Big Economic Fallout for Europe If Iran War Spreads
Economists warn of significant economic fallout for Europe if the conflict between Iran, Israel, and the United States…
Employers Blast Ongoing Public Transport Strikes Demand Government Action and Strike Law Reforms
Amid ongoing strikes in public transport, employers’ associations are calling for a decisive federal response and changes to…
Economist Hüther Blasts Merz Over Slashing CO2 Pricing, Calls Carbon Market Essential
Economist Michael Hüther sharply criticized Chancellor Friedrich Merz (CDU) for questioning CO₂ pricing.Hüther told the “Neue Osnabrücker Zeitung” (Monday…
German Minister Katherina Reiche Says Heat Pump Subsidy Likely to Continue After 2029
Germany’s economy minister, Katherina Reiche of the CDU, made it clear that state subsidies for heat pumps will not…
Reiche Says State Subsidies for Heat Pumps Will Continue Beyond 2029
Economy Minister Katherina Reiche (CDU) made it clear that state funding for heat pumps will not be abandoned…
Germany Seizes Control of Rosneft German Subsidiaries Under New Export Law
The federal government has ordered a trustee arrangement for the German Rosneft subsidiaries Rosneft Deutschland GmbH (RDG) and…
Brorhilker: Cum‑Ex Schemes Still Run Unpunished in Germany
Despite high‑profile tax scandals such as Cum‑Ex and Cum‑Cum, criminals from Germany’s financial sector still frequently escape punishment.…
German Car Dealerships Fear Revenue Loss in 2026 Despite New EV Subsidy 42 Percent Expect Decline While 20 Percent Hope for Improvement
Despite the electric‑vehicle subsidy that began at the turn of the year, German car dealers remain largely pessimistic…
EU pledges for U.S. energy imports outstrip current import volumes
Last year the European Union imported energy raw materials worth 58.8 billion euros from the United States-about 66.4 billion US dollars at the…
EU Commission Green‑Lights DB Cargo Rehabilitation
The EU Commission has approved a restructuring assessment for DB Cargo. This was reported by “Welt am Sonntag” on…
Paramount Triumphs Over Warner, Seals Deal to Take Over Warner Discovery
In the acquisition race for U.S. media conglomerate Warner Discovery, Paramount emerged victorious. The two companies announced on Friday…
German Auto Dealers Blast New E‑Car Bonus, Say Launch Uncertainty Sows Customer Doubt
The Association of German Car Dealers (VAD) has issued strong criticism of the new electric‑car subsidy scheme. The…
German Rail and GDL Reach 5% Wage Rise in Two-Step Agreement
Deutsche Bahn and the union of German locomotive drivers (GDL) have reached an agreement to raise salaries by a…
German Dax Stalls While Market Breadth Slumps
The German stock index, the DAX, failed to find a clear direction on Friday after a rather muted…
US Markets Fall Sharply While Netflix Shares Leap
The U.S. stock markets fell sharply on Friday. By the close in New York the Dow was at 48,978…
Trump Bans Federal Agencies From Partnering With Anthropic
President Donald Trump announced on Friday that all U.S. federal agencies must end any collaboration with the AI…
Dax Holds Steady as Oil Prices Surge, Weekends End With Mild Dip
The DAX slipped slightly at the end of the week. At the Xetra close, the index was calculated…
Gabriel Felbermayr Urges New US Europe Customs Deal
Economist and trade‑policy expert Gabriel Felbermayr argues the EU should negotiate a fresh customs agreement with the United States.…
Adam Posen: EU Poised to Benefit from Trump Tariff Verdict
Adam Posen, president of the Peterson Institute for International Economics in Washington, views the European Union as a…
German Inflation Drops to 1.9 Percent in February
Germany’s yearly rise in consumer prices slowed once more in February 2026. The federal statistical office reported an…
EU Commission to Temporarily Implement Mercosur Trade Deal
On Friday, European Commission President Ursula von der Leyen announced that the Commission will move forward with a provisional implementation of…
Germany Employment Slips in January 2026 to 45.5 Million Down 14 000 From Previous Month
In January 2026, about 45.5 million people living in Germany were employed. Destatis’ provisional figures show the seasonally adjusted employment…
German Unemployment Rises 81,000 in February from Previous Year Despite January Decline
The number of unemployed people rose in February compared with the same month last year, but fell from…
Deutsche Bundesbank Reports Sharp Decline in Counterfeit Currency
The German Bundesbank reports a drop in counterfeiting activity.In 2025, nearly 68 000 counterfeit euro banknotes were identified in…
DAX Opens Steady Ahead of Unemployment and Inflation Releases
The German market opened a little lower on Friday morning. By 9:30 a.m., the DAX was calculated at…
Imports Decline 2.3% YoY at 2026 Start as Prices Continue Falling
In January 2026 German import prices were 2.3 % lower than they had been a year earlier, the same year‑on‑year…
Germany real wages climb 1.9% in 2025 while nominal wages soar 4.2% year‑on‑year
In 2025 nominal wages in Germany were 4.2 % higher than in 2024, while consumer prices rose 2.2 % over…
German Railways and GDL Reach Wage Accord Averting Strikes
DB and the GDL have reached a compromise in wage negotiations that avoids industrial action. Both parties will…
German Armsmaker Renk Builds Factory in Poland to Strengthen Eastern Europe Presence
A German defence firm, Renk AG, is expanding its footprint in Eastern Europe by building up service and…
German Airbus Workers Call for End to FCAS Dispute Reject Dassault Collaboration
The demands for ending the long‑standing dispute over the Future Combat Air System (FCAS) are growing louder. Within…