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Economy / Finance
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German Handcraft Union Criticizes Proposed Building Energy Law Overhaul
Jörg Dittrich, president of the Zentralverband Deutsches Handwerk (ZDH), warned that the reforms to the Building Energy Act could…
US Stocks Dip as Gold Price Rises Steadily
U.S. stock markets slipped on Tuesday. At close in New York the Dow Jones Industrial Average settled at 49,241-down…
German Majority Supports Ending The Eight Hour Workday Rule
According to a recent survey by Forsa for RTL and ntv, most Germans are open to changing how daily…
German Finance Ministry Eyes EU Minimum Share for Infrastructure to Protect National Interests Under Buy European Rules
In the German federal government, willingness to adopt “Buy European” rules grows as a means to safeguard domestic…
IAB Records Record Total Working Hours Amid Merz’s Low‑Worktime Claim
Bernd Fitzenberger, director of the Institute for Employment Research (IAB), rebuts German Chancellor Friedrich Merz’s claim that Germans…
Dax Slips Slightly As Zalando Shares Take a Tumble
On Tuesday the DAX slipped to 24,781 points at the close of Xetra trading, down 0.1 percent from the…
EU Commission Aims to Loosen Emission Caps for Industry, Weakening ETS
The European Commission plans to weaken the EU Emissions Trading System for the energy sector and industry (EU‑ETS‑1),…
State Stake Paves Faster Grid Expansion, Tennet CEO Meyerjurgen Says
Tim Meyerjürgens, the chief executive of Tennet Germany, underscored the advantages of the announced government entry into the company. “If…
EU Commission Investigates Chinese Wind Turbine Company Over Alleged Foreign Subsidies
The European Commission has launched investigations against the Chinese wind‑power company Goldwind.The inquiry focuses on the allegation that…
German Fuel Prices Surge in January After December
Fuel prices in Germany rose sharply in January compared with December. According to an ADAC report released on…
DAX Slides Back on Morning Gains as Euro Slightly Weakens
The DAX slipped most of the gains it had made in the first part of the trading day.…
Paris Prosecutors Raid French X Offices in Internet Crime Inquiry
On Tuesday, the internet‑crime division of the Paris prosecutor’s office had the French offices of the social‑media platform…
German Companies Reuse 80% of Old IT Equipment, Study Finds
Most companies in Germany claim they ensure that decommissioned IT equipment is either reused or disposed of in…
DAX Breaks Through 25,000 Mark as Investors Shake Off Uncertainty
30 a..m., 1.2 % above the previous close. Siemens Energy, Daimler Truck and Siemens led the winners list, while Merck, Zalando…
German Ski and Snowboard Imports Drop 30 Percent Over a Decade
Over the past decade, German imports of skis and snowboards have fallen by 29.8 %. In 2024, the country…
Germany Leads EU With Oldest Workforce
Germany has the steepest age profile among workers in the European Union. According to the German Federal Statistical…
German Industrial Firms Report One‑Third Declining Competitiveness
Nearly one in three industrial firms in Germany reports a decline in its competitiveness, a survey by the…
BDEW Calls for Strategic Gas Reserve to Secure Germany’s Energy Future
In the debate over future gas supply security, the German Association of Energy Utilities (BDEW) supports the creation…
German Regulator Declares Gas Supply Stable Despite Low Storage
Klaus Müller, president of Germany’s Federal Network Agency (Bundesnetzagentur), has made it clear that he will not describe the…
CDU Business Wing Chair Criticizes “Lifestyle” Label on Part‑Time Bill Headline Change Needed
The chairwoman of the CDU’s economic wing, Gitta Connemann, broke with her party leaders by publicly addressing the controversial…
German Minister Accuses CDU of Assaulting Welfare and Deplores Privatized Dental Care
The criticism of the CDU’s proposals to trim the social state continues to rise in the SPD.Mecklenburg‑Vorpommern’s minister‑premier…
Özdemir Plans EU Rules to Tackle Chinese Automakers Ahead of Baden-Württemberg Vote
Cem Özdemir, the Greens’ top candidate for Baden‑Württemberg’s state election, has said that, if he wins, he could…
EU’s Weakened Combustion Ban Undermines EV Market, Sparks Sales Uncertainty and Potential Losses
A recent study suggests that the European Union’s change in policy on banning internal combustion engines is creating…
DIW Economist Calls for Gas Conservation as German Storage Levels Drop
Claudia Kemfert, an energy economist at the German Institute for Economic Research (DIW), urged the public to conserve…
Child Protection Group Calls for Enforcement of Current Laws Over Social Media Ban for Under‑16s
Faced with the debate over a social‑media ban for users under 16, the German Children’s Protection Association is…
Reichinnek Blasts CDU Social Reform Plan as Kick in the Face
Heidi Reichinnek, head of the West German Social Democratic Party’s parliamentary group, sharply criticized the CDU Economic Council’s…
US Stocks Rise as Tech Gains Offset Commodity Tumbles
U.S. stock markets gained on Monday. At the close in New York, the Dow Jones Industrial Average settled at…
German Chemical Industry Mood Improves Slightly in January
The sentiment of the German chemical industry saw a modest improvement in January. The Ifo Chemical Industry Index…
Trump Announces Trade Deal With India As Modi Agrees to Shift Oil Purchases From Russia To USA And Venezuela
Donald Trump stated that he had reached an agreement with Indian Prime Minister Narendra Modi on a new…
Dax Rises at Week Start Signals Strong Recovery
The DAX began the week on a positive note, finishing the Xetra session at 24,797 points-a rise of…
CDU Candidate Gordon Schnieder Opposes Söder’s Extra Work Plan and Dental Coverage Cuts in Rhineland‑Palatinate
Gordon Schnieder, the CDU’s leading candidate in Rhineland‑Palatinate, criticised proposals from CSU chairman Markus Söder to add an extra…
Germany’s Anti-Russia Raid Seen As Proof of Sanctions Effectiveness by CDU Vice Chairman Von Notz
The deputy chair of the Green parliamentary group, Konstantin von Notz, sees the recent raid on suspected illegal exports…
CDU Secretary Opposes Plan To Remove Dentist Coverage Calls For Future Agenda
Carsten Linnemann, the CDU’s general secretary, rejected the demands of the party‑aligned “CDU‑Wirtschaftsrat” (economic council) that dental visits should…
Rhein Resists CDU Business Union Cutback Demands
Hessian Minister President Boris Rhein (CDU) has opposed the latest demands of the Mittelstands‑und‑Wirtschaftsunion (MIT) and the CDU’s Economic…
DAX Bounces Into Green as European Data Drives Momentum
The DAX, after a weak start to Monday’s trading day, moved into positive territory by midday. Around 12:30 p.m.…
DAX Drops into Losses as Risk‑Averse Investors Pull Back
30 a..m., a 0.4 % decline from Friday’s close. At the top of the sector list were Deutsche Telekom, Hannover Re,…
German Beer Sales Drop 6% to Record Low of 7.8 Billion Liters in 2025
In 2025 sales of beer by German breweries and storage facilities fell by 6.0 percent, or 497.1 million liters, to…
German Retail Sales Surge 2.7% Real in 2025
In 2025, German retail generated a real sales increase of 2.7 % and a nominal rise of 3.8 % compared…
Volkswagen South Carolina Factory Cost Surges 50%
Volkswagen’s new automobile plant in South Carolina is turning out to be costlier than initially expected. According to…
Nationwide Strikes in Local Public Transport Begin as Verdi Union Walkouts Hit Almost All German States
On Monday morning, the strikes announced by the union Verdi began across all German states, with the exception…
German Building Retrofit Rate Falls to Record Low in 2025
The share of buildings that have been energy‑retrofit in Germany fell further in 2025, reaching a new low.…
Germany’s Markus Söder Calls For Extra Working Hours To Drive Growth
Markus Söder, the Bavarian premier and head of the CSU, argues that German workers should, on average, work more…
CDU Economic Council Pushes for Workers Agenda Strikes Harder on Berlin
The CDU’s Economic Council has stepped up pressure on the federal government, demanding a new “Agenda for workers”.…
Germany Warns About Remote Access Threats to Chinese Electric Cars
The Federal Office for the Protection of the Constitution (BfV) has warned that networked Chinese electric vehicles carry…
German Economics Institute President Moritz Schularick Calls for War Czar at Chancellor Office to Coordinate Germany Economics Defence and Foreign Policy
Moritz Schularick, president of the Institute for World Economics in Kiel, has called for greater coordination of Germany’s…
Greens Push State‑Managed Citizen Fund to Reshape Private Pensions
The Green Party’s parliamentary group has put forward a proposal to replace Germany’s current private pension scheme with…
German Heating Market Plunges 627,000 Units Sold Hit Lowest Since 2010
Last year the heating‑industry in Germany sold 627,000 units, the lowest figure since 2010. According to the annual…
CSU Demands SPD Concessions on Federal Wage Loyalty Act
Alexander Hoffmann, the head of the CSU state groups, has called on the social democrats to make concessions…
U.S. Markets Slide as Gold Falls Below Resistance
U.S. stock markets dipped on Friday. At the close in New York, the Dow Jones Industrial Average was…
December Import Prices Fall 2.3 Percent YoY Largest Drop Since March 2024
Import prices fell by 2.3 percent in December 2025 compared with December 2024, marking the largest year‑on‑year decline since March 2024 (-3.6 percent…
DAX Closes Week Higher Fueled By SAP and Adidas Gains
The German DAX finished the week higher, ending at 24,539 points at Xetra’s close, up 0.9 % from the…
Employment Falls Slightly in December as German Workforce Shrinks by 5,000
In December 2025, about 45.9 million people who reside in Germany (domestic concept) were employed. According to provisional calculations from…
Only One in Four Choose Part‑Time Work in 2024 as Personal Desire Tops Reasons
The reasons behind working part‑time are varied and differ between men and women. In 2024 the most common…
Germany’s Unemployment Surges 177,000 From December, Exceeding 3 Million Amid Seasonal Trend
The number of people without work in Germany rose by 92,000 in January 2026 compared with January 2025. Against the…
Unemployment climbs in Lower Saxony and Bremen as seasonality kicks in
In January the number of people out of work rose in both Lower Saxony and Bremen compared with the…
Thuringia Faces Rising Unemployment in January
Unemployment in Thuringia climbed in January. The Federal Employment Agency reported that 74,146 people were registered as unemployed…
DAX Remains Bullish Into Noon As Adidas Drives Gains
The DAX remained in positive territory on Friday after a robust start to the session. By about 12:30 p.m.…
Trump Nominates Kevin Warsh as New Fed Chairman
On Friday, U.S. President Donald Trump announced that he has nominated former Federal Reserve Board member Kevin Warsh…
Bosch Faces Steep Profit Drop Operating Earnings Halve to 1.7 Billion Euros
In 2025, automotive supplier Bosch reported a sharp drop in its operating profit. The company announced on Friday…
January Inflation Rises Again as Country Data Suggests Higher Cost of Living
Germany’s overall annual inflation rate, which stood at 1.8 % in December, appears to have risen again in January,…
Hamburg Unemployment Climbs to 97,264, Highest January Level Since 2006
Hamburg’s unemployment figure rose to 97,264 in January, the most jobless people in the city for a January…
GDP Grows 0.3 Percent in Q4 2025 Driven by Private and Public Spending
Germany’s gross domestic product grew 0.3 % in the fourth quarter of 2025 compared with the third quarter when…
DAX Rises to a Strong Start Ahead of GDP Inflation Data
The German DAX opened the Friday trading day on a positive note. At about 9:30 am the index was…
Verdi Calls for Nationwide Municipal Transport Strikes Monday
Verdi, the service‑sector union, announced on Friday that it is calling for a nationwide strike on Monday among…
German Government Faces Uncertain Costs for New Gas Power Plants, EU Deal Leaves Consumers in Limbo
After reaching a framework agreement with the European Commission on building new gas power plants, it remains unclear…
US Stock Market Mixed As Microsoft Shares Plunge
U.S. stock markets showed mixed results on Thursday. At the close in New York, the Dow Jones Industrial Average…
German Finance Ministry Rejects Mandatory Wero Payment System for Merchants
The Federal Ministry of Finance, headed by Minister Lars Klingbeil (SPD), welcomes projects like the payment service “Wero”.However,…
DAX Slides Sharply as Oil and Gas Prices Surge
The German DAX sank steeply on Thursday. At the Xetra closing, the index traded at 24,309 points, a…
Greenland Economy Minister Denies Trump‑Claimed US ‘Framework Agreement’
Greenland’s Minister for Economy, Naaja Nathanielsen, rejected President Donald Trump’s claims that a concrete framework agreement would grant the…
DAX Continues to Slide Through Noon Amid Missing Positive News
The DAX slipped into further negative territory by mid‑afternoon on Thursday, ending the day at around 24,610 points…
Germany Economy Ministry Confident Gas Supplies Secure Even Amid Low Storage Levels
Germany and the Federal Network Agency say there is no gas shortage this winter. In a written reply…
Dax Weak Opening Drives SAP Shares Down
The DAX opened weak early in German trading on Thursday morning. At about 9:30 a.m., the index was…
German Airports Record 207.2 Million Passengers in 2025
In 2025 Germany’s main airports recorded 207.2 million passengers, a 3.9 % increase over 2024 according to Destatis. The total…
Germany’s Ifo Study Shows Only Minor Easing in Company Order Demand Yet One‑Third Still Strained
The order situation for companies in Germany remains tight. According to the Ifo Institute, about one‑third of firms…
Unions Threaten Strikes Over Proposed Work Hours Law Loosening
Unions have sharply criticized the federal government’s plans to amend the Working Hours Act and warned that protests…
Dow and S&P 500 close flat while Nasdaq gains
U.S. equities largely held steady in Wednesday’s trading session. At the close in New York, the Dow Jones Industrial…
US Federal Reserve Holds Interest Rate Steady After Three Cuts Ends Tightening Cycle
The Federal Reserve announced a pause after three interest‑rate cuts, keeping the federal funds target range at 3.50 %-3.75 %…
Dax slides amid strong gains for Daimler Truck and Infineon
The DAX slipped on Wednesday, closing at 24,823 points – a 0.3 % decline from yesterday’s close. It opened…
Sahra Wagenknecht Rejects Ending Eight-Hour Workday
Sahra Wagenknecht criticises the planned elimination of the daily maximum working hours, calling it a mistake. She argues that…
Experts Warn China’s 2025 5% Growth May Mask Only 2–3% Real Increase
China’s GDP is expected to grow 5 % in 2025, according to government figures, but experts warn that the…
German Bank Raid Alleged Money Laundering
Investigators appear to have raided Deutsche Bank over a money‑laundering complaint. Beginning Wednesday morning, federal police, acting on behalf…
BGH Bans Profitable Subletting When Renters Profit Beyond Their Own Living Costs
The Federal Court of Justice ruled that profitable subletting of residential premises is prohibited when the tenant earns…
DAX dips to pre‑session level as markets await US Federal Reserve decision
The DAX slipped into the negatives after a cautious start that afternoon. By roughly 12:30 p.m., the index stood…
Left Party Urges Social Housing Income Tax Reform as 2026 Growth Forecast Drops
In light of the federal government’s revised, lower growth forecast for 2026, the Left parliamentary group leader Heidi…
German Health Insurers Demand Spending‑Linked Reforms Amid Insurance Crisis
The Association of Replacement Funds (vdek) has called for a strict alignment of the statutory health insurance (GKV)…
German Government Unveils Six‑Point Plan To Combat Economic Downturn
The German federal government plans to tackle the current economic crisis with reforms across six distinct areas, according…
DAX launches flat as dollar confidence wanes
The DAX opened essentially unchanged on Wednesday morning. At around 9:30 local time the benchmark index was calculated at 24,915…
Germany Ifo Barometer Signals Slower Layoff Plans as Companies Cut Fewer Jobs
Businesses in Germany are increasingly less inclined to reduce staff. The Ifo Employment Barometer climbed to 93.4 points…
Women Increasingly Choose STEM Degrees as Gender Gap Persists
Women are still far less likely than men to choose a degree in mathematics, computer science, natural sciences…
German Consumers Warm Up As Confidence Rises Slightly At New Year
Consumer confidence in Germany is easing slightly at the start of the year. Both the outlook for the…
Yardeni Forecasts S&P 500 to Hit 10,000 by 2029 Despite Tariffs and Geopolitical Uncertainty Investors Urged to Hold US Shares
Despite tariffs and geopolitical uncertainties, investors should not be tempted to book early losses on U.S. equity markets,…
DAX Stalls by Noon Amid Hesitation for New Momentum
The DAX continued to trade without a clear trend on Tuesday after a cautious start to the session.…
Greens Slam CDU’s Economic Policy Just Before 2026 Annual Report Debut by Minister Katherina Reiche
Shortly before minister Katherina Reiche (CDU) is set to present the 2026 annual economic report, the Greens deliver a…
CDU Pushes for Minimum Wage Exemptions for Seasonal Farm Workers
The Union appears to be preparing a fresh push to exempt seasonal farm workers from the minimum wage.…
Green Party Pushes for Full-Time Rights Amid Part-Time Debate
Ricarda Lang, a social‑policy advocate from the Green Party, has urged that the current debate over a statutory…
US Markets Split as Gold and Oil Jump Amid Uneven Day
U.S. stocks opened the day in a mixed picture. By the close in New York, the Dow Jones Industrial…
NRW Labour Minister Laumann Calls for Direct Hiring of Food Delivery Workers
North Rhine‑Westphalia’s labour minister, Karl‑Josef Laumann (CDU), has called for a mandatory direct‑employment rule for food‑delivery workers. Speaking to…
DAX Falters as Euro Strength Hurts Exporters
The DAX slipped on Tuesday. At the close of Xetra trading the index was quoted at 24,894 points,…
German and Austrian Central Bank Presidents Warn US Fed Independence Loss Sparks Global Risk
German central bank chief Joachim Nagel and Austrian chief Martin Kocher both point out that the possible loss of the…
Vegetable Industry Braces for €250 Million Loss as Meat‑Alternative Name Ban Looms
Balpro, the lobby and industry association for food suppliers, has estimated that a forthcoming ban on using the…