Browsing Tag
Despite
113 posts
22% of Restaurant Owners Seek Price Hikes Despite Lower VAT
A recent Dehoga survey of nearly 700 restaurants shows that 22 percent of owners intend to raise their prices,…
New Legal Requirement for Electronic Patient Record Lacks Enforcement Despite Effective Date
Since the legal duty that went into force on October 1 , 2025 requires doctors to fill the electronic patient record…
Union SPD Reject VAT Hike Despite Economist Warning
The Union and the SPD say that a rise in the value‑added tax (VAT), a scenario forecast by…
Two-Thirds of Consumers Plan 2026 Getaway Despite Price Surge
In a January 2026 Yougov survey commissioned by Postbank, two‑thirds of German consumers said they plan to travel…
DAX Opens Higher Despite No Trading in the US Markets
The DAX opened Monday with gains, trading at about 24,970 points – roughly 0.2 % above the Friday close.…
Rubio Calls for US‑Europe Unity at Munich Security Conference Despite Past Mistakes
At the Munich Security Conference, U.S. Secretary of State Marco Rubio called for stronger ties with Europe, framing his…
Bavarian Premier Markus Soder Warns of Break With US Despite Differences at Munich Security Conference
Markus Söder, the Bavarian premier and CSU chair, warned against a rupture with the United States, saying the fate…
Survey Finds Homeowners Poorly Protected From Extreme Weather Despite Rising Flood Threats
A survey conducted by the polling firm YouGov for insurer AXA reveals that many homes in Germany are…
IAB Director Forecasts Mild Drop in Unemployment by 2026 Despite Ongoing Labor Market Struggles
Bernd Fitzenberger, director of the Institute for Employment Market and Career Research (IAB), sees significant challenges on the…
German Government Threatens to Miss 2030 Climate Target Despite Court Ruling
The German federal government is on the verge of missing the legally mandated 2030 interim climate target, according…
Lithuania Urges European Plan B as PM Announces Security Backup Despite NATO Loyalty
Lithuania’s Prime Minister Inga Ruginiene has said that, despite the nation’s full commitment to NATO, it is already preparing…
German Services Sector Revenue Falls in November 2025 Despite 0.6 Percent YoY Gain
Germany’s service sector achieved a calendar‑ and seasonally adjusted real decline of 0.4 % in November 2025 and a nominal…
Audit Office Blames Waste In Doctor Appointment Arrangements As Waiting Times Remain Unchanged Despite 2.9 Billion Euro Spend
Despite the German federal audit office reporting additional spending of €2.9 billion, it finds no reduction in waiting times…
Coal Region Rail Investment Stalls Only Bitterfeld Station Completed Despite Billions
Germany’s new “Coal Region Investment Act” earmarks billions of euros to reshape the former brown‑coal mining belt, yet…
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…
Union Faction Satisfied With Coalition Summit Despite Limited Outcomes
Although the outcome was modest, the Union caucus expressed satisfaction with the coalition summit that took place last…
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,…
German Companies Unprepared for Conflict Despite Strong Cyber Defences Institute Says
The Institute of German Economic Research (IW) warns that businesses in Germany may not be adequately prepared for…
Deutsche Bahn Targets Sixty Percent Punctuality on Long Distance Trains Despite Record Number of Site Works
Despite a record number of construction sites, Deutsche Bahn aims to noticeably boost long‑distance service punctuality this year. Philipp…
Study Finds Germany Heavily Dependent on U.S. Defense Supplies Despite Rising Military Spending
Globally, two‑thirds of all defense‑sector startups are located in the United States. The superpower also dominates the large‑enterprise…
DAX Slides Further Into Big Losses Despite ZEW Data
at about 12 p..m. German time, Brent crude from the North Sea fetched $64.05 per barrel-an increase of eleven…
Disaster Costs Remain High Despite Dip
Despite a decrease from the previous year, global losses from natural disasters in 2025 remain exceptionally high, totaling…
Germany’s Gas Supply Secure Despite Winter Storm
“German Energy Regulator Confirms Secure Gas Supply Amidst Winter Challenges, Highlights Previous Investments” Despite current winter storm conditions…
Germany’s Gas Supply Secure Despite Cold
Germany’s largest power producer, RWE, has publicly asserted the nation’s gas supply is secure heading into winter, despite…
Gas Supply Secure Despite Cold
The President of the German Federal Network Agency (Bundesnetzagentur), Klaus Müller, has declared that Germany’s gas supply is…
Flights Won’t Get Cheaper Despite Tax Cut
The German government’s planned reduction in air travel tax, slated to take effect on July 1st, 2026, is…
HateAid Leaders Defiant Despite US Sanctions
The co-directors of the non-profit organization HateAid have dismissed U.S. travel bans imposed upon them as an attempt…
Loreal Will Stay in China Despite Animal Testing
L’Oréal Defends Chinese Market Presence Amid Animal Testing Concerns The world’s largest cosmetics company, L’Oréal, is facing renewed…
Parties Get More Funds Despite Smaller Parliament
Despite a reduction in the number of parliamentary representatives and the dissolution of both the Free Democratic Party…
Stocks Slip Despite Positive Data
German equities experienced a subdued trading session on Tuesday, with the benchmark DAX index remaining in negative territory…
CDU Lawmaker Backs Pension Plan Despite Doubts
The decision by CDU parliamentarian Daniel Kölbl to vote in favour of the federal government’s contentious pension reform…
Lufthansa Won’t Cut Routes Despite Tax Cut
The German aviation sector is experiencing a complex shift in strategy following a coalition agreement to reduce the…
SAP Plans Global Hiring Despite AI
SAP’s reassurances regarding potential job cuts linked to escalating artificial intelligence adoption within the company are facing scrutiny,…
Stocks Slide Despite Optimism
Thursday witnessed a significant downturn in the German DAX index, closing at 23,734 points – a decline of…
Deutsche Bahn Hires Thousands Despite Cuts
Despite announcing significant job cuts across the organization, German rail giant Deutsche Bahn is reportedly planning to hire…
Hospital Costs Surge Despite Budget Cuts
despite recent austerity measures announced by Health Minister Nina Warken (CDU), hospital expenditures are projected to reach a…
Health Premiums May Rise Despite Savings
The recently announced policy measures from the governing coalition regarding Germany’s statutory health insurance (GKV) system are insufficient…
Left Party Signals Dialogue Despite Criticism
The German Left Party (Die Linke) has signaled a surprising willingness to engage in dialogue with the center-right…
Stocks Slip Despite Rate Cut Hope
German equities experienced a downturn on Monday, reversing an initially cautious positive start to the trading day. Shortly…
Construction Orders Rise Despite Housing Dip
Construction sector order intake saw a moderate increase in July 2025, according to data released by the Federal…
Dresden Holds Hannover Despite Being a Man Down
The sixth round of 2. Bundesliga action concluded on Sunday with a 2-2 draw between Dynamo Dresden and…
Dax Falls Despite Positive Data
German equities continued a downward trend on Tuesday, following a weak morning start. By midday, the DAX index…
Leverkusen Downs Frankfurt Despite Being Down a Man
Bayer Leverkusen secured a crucial home victory against Eintracht Frankfurt on Friday evening, winning the Bundesliga match 3-1.…
RWE Sees Gas Situation Relaxed Despite Low Storage Levels
Despite lower gas storage levels across Germany, RWE CEO Markus Krebber remains optimistic. While acknowledging that storage levels…
German DAX Rebounds Despite Lingering Caution
30 PM local time, the index was calculated at approximately 23,750 points, representing a 0 Around 12:30 PM…
Germany Confirms Afghan Return Despite Deportation Concerns
Pakistani authorities have once again detained and deported Afghan nationals who had been granted acceptance for relocation to…
German Farms Report Strong Harvest Despite Weather
Germany’s agricultural sector has reported a largely positive harvest for 2025, despite challenging weather conditions throughout the growing…
Energy Chief Praises Renewables Boost Despite Cost Concerns
Germany’s leading energy association, the BDEW, is advocating for a more balanced discussion surrounding the country’s high electricity…
Nine in Ten Germans Feel Job Secure Despite Economic Concerns
Despite ongoing economic challenges in Germany, a significant majority of employees currently feel secure in their jobs, according…
US Stocks Climb Despite Economic Concerns
US equity markets experienced gains on Thursday, closing with positive results across major indexes. The Dow Jones Industrial…
Germany’s Creditworthiness Remains Strong Despite Debt
Germany’s creditworthiness remains robust despite increasing national debt, according to a senior Bundesbank official. Michael Theurer, a member…
Merz Refreshed After Holiday Despite Interruptions
Chancellor Friedrich Merz reports feeling refreshed following his summer break, despite multiple interruptions to his time off. Speaking…
Sandhausen Fights Hard Despite Leipzig Defeat
SV Sandhausen, a regional league side, faced a challenging encounter in the first round of the DFB-Pokal, ultimately…
German Business Starts Surge Despite Rising Closures
Germany’s business landscape demonstrated a mixed performance in the first half of 2025, according to data released Friday…
German Stocks Edge Higher Despite Underlying Risks
The German stock index, DAX, opened Wednesday with modest gains. By 9:30 AM local time, the index was…
Magdeburg Falls Braunschweig Despite Advantage
The opening matchday of the German second division concluded with 1. FC Magdeburg suffering a narrow 1-0 defeat…
Stocks Slip Despite Strong Earnings
The German stock market benchmark, the DAX, opened slightly weaker this Friday morning. As of 9:30 AM, the…
Mothers’ Pension Boost Secure Despite Budget Concerns
Government officials have confirmed the planned increase in pensions for mothers who gave birth before 2027 will proceed…
Renewables Hold Strong Despite Wind Drought
Renewable energy sources accounted for 54 percent of Germany’s gross electricity consumption in the first half of 2025,…
Söder Praises Klingbeil Despite Court Dispute
Despite recent difficulties surrounding the failed election for the Federal Constitutional Court, the leader of the Christian Social…
SPD: Parliament’s Oversight Committee is Still Effective, Despite Downsizing
German Politics Continue to Shape the Parliamentary Control Group The Social Democratic Party (SPD) views the Parliamentary Control…
FUEL SHOCK: Prices Soar Despite Calming of Middle East Tensions!
As of the middle of June, the cost of fuel has significantly increased compared to the previous week,…
Germans’ Cybercarelessness Soars Despite Rising Threats
Cybersecurity Concerns Persist in Germany as Public Awareness Fades Despite the ongoing high threat level, Germans are increasingly…
Industry Booms in April Despite Global Turmoil!
According to provisional results from the Federal Statistical Office (Destatis), Germany’s hospitality industry saw a real and seasonally…
Germany’s Defence Ministry Fails to Promote Women, Despite Pledges
Defense Minister Boris Pistorius Fails to Advance Women in Leadership Positions According to a confidential document from the…
Few Refugees Head Back Home, Despite End of War.
A year and a half after the end of the Syrian civil war and the fall of dictator…
Education Expenditures Stagnate at 9.5% of GDP Despite Nominal Increase
German government and private sector spent a record 398 billion euros in 2023 for education, research and science…
Stocks Soar Despite Tariff Turmoil!
European Stock Markets Maintain Positive Trend on Ascension Day The DAX index, a benchmark for the German stock…
Mercedes Sees the US as a Growth Market, Despite Tariffs
Mercedes-Benz CEO Optimistic on US Growth, Despite Trade Tensions The head of Mercedes-Benz, Ola Källenius, remains optimistic about…
Gasoline and Diesel Prices Soar Again, Despite Oil Price Dip!
Fuel Prices in Germany Rise Again, Despite Stabilizing Global Oil Market Berlin, Germany – The average price of…
Only 13% Women in Bundeswehr Despite Efforts
Former German Parliament Defense Spokesperson, Eva Högl (SPD), laments the lack of women in the Bundeswehr and their…
Saskia Esken to Lead Key Parliamentary Committee Despite Missed Cabinet Spot
Saskia Esken, the outgoing chairwoman of the Social Democratic Party (SPD), is set to become the chairwoman of…
US Retail Sales Surge Despite Tariff Uncertainty, Boosting Dax and Interest Rate Expectations.
Despite concerns over new tariffs, retail sales in the United States have once again increased slightly, exceeding the…
Agricultural Product Prices on the Rise in March Despite Seasonal Fluctuations
In March 2025, the producer prices of agricultural products were 1.5 percent higher compared to the same month…
Solidarity Wins: Germans Heat Less in 2022 Despite Energy Price Hikes
A study by the German Institute for Economic Research (DIW) Berlin has found that appeals for energy conservation…
Steinmeier Pushes for Gaza Aid Despite War Criminal Allegations
During his visit to Jerusalem, German President Frank-Walter Steinmeier urged Israeli Prime Minister Benjamin Netanyahu to allow aid…
‘We’re Both Professionals’ Despite Political Differences
Matthias Miersch, the chairman of the SPD parliamentary group, expects to work well with Union parliamentary group leader…
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…
Guttenberg: CDU-AfD Cooperation in 2029 Not Ruled Out Despite Opposition.
Former German Defense Minister Karl-Theodor zu Guttenberg has expressed his belief that a potential collaboration between the Union…
DBB Defends Civil Servants Linked to AfD Despite Extremist Label
Ulrich Silberbach, the president of the German Civil Service Association (DBB), has welcomed the statement made by Federal…
Spahn Calls for Merz to Remain Union’s Chancellor Candidate Despite First-Round Loss
Union’s Spahn Announces Second Round for Merz as Chancellor Candidate Jens Spahn, the chair of the Union parliamentary…
Germany’s CDU Leader Promises to Include Afghan Local Forces in Resettlement Plan Despite Union’s Stance on Voluntary Inclusion.
In Pakistan and Afghanistan, 32 former German military local staff members are currently waiting to come to Germany…
Niedersachsen’s Minister of Interior Rejects Racism Allegations Against Police Despite Deadly Shooting Incident
Niedersachsens Innenministerin Daniela Behrens (SPD) denies accusations of racism against the police following the fatal shootings in Oldenburg.…
Jusos Accept SPD’s Coalition Deal Despite Campaigning for Rejection
The SPD Basis votes in favor of the coalition agreement with the Union, despite Juso’s call for rejection…
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…
Tech Giants’ Earnings Reports Expected to Drive US Stock Markets Despite Trade Uncertainty
US stock markets showed caution on Monday. At the end of trading in New York, the Dow was…
Unfriendly” Countries’ Films Included in Moscow Film Festival Program Despite Tensions
According to experts, this year’s festival is the largest ever. Actors and directors from 50 countries, almost half…
Iran and US Plan to Continue Nuclear Dialogue Next Week Despite Trump’s Military Threat
Iran and the United States held talks in Oman on Saturday and agreed to meet again next week,…
Global Trade War Intensifies Despite Negotiation Talks
The “reciprocal” tariffs imposed by President Donald Trump on dozens of countries, including massive tariffs of 104 percent…
No Sanctions on Russian Black Gold Despite Ukraine Crisis!
The US NBC News reported on Sunday that Donald Trump had threatened to impose secondary tariffs on Russian…
Ukraine’s Kursk Invasion Marches On Despite Western Media Hype
US Decision to Suspend Intelligence Sharing with Ukraine Did Not Affect Control of Russian Region, Says President Ukrainian…
Railway Crossings: A Deadly Stalemate: Accidents Remain High Despite Reduced Crossings
The number of accidents at railway crossings in Germany has shown little decline in 2024. According to a…
Union Stands Firm on Fiscal Brake Despite Wehrmacht Debate
Despite the looming drastic increase in defense spending, the Union will largely maintain its stance on the debt…
Climate Marches to Go On, Despite Munich Auto Attack
The planned climate protests for Friday are set to take place in over 150 locations, despite the suspected…
DAX Soars to New Heights Despite US Inflation Fears!
On Wednesday, the Dax index closed with a gain. At the Xetra closing, the index was calculated at…
BREAKING: US Markets Plummet to New Lows Despite Tariff Reprieve – Can the Rally Be Revived?
US stock markets ended the day in the red on Monday. The Dow Jones was calculated at 44,421…
Bundestag Rejects Asylum Cap, Merkel’s Plan Fails Despite AfD Support
In the vote on the migration law proposed by CDU’s Friedrich Merz, a narrow majority of Bundestag members…
Ursula von der Leyen to Receive the Prestigious Karl Prize, Despite Scandals and Controversies
Ursula von der Leyen, the current President of the European Commission, has been nominated for the Charlemagne Prize,…
Wahl-Sicherheit: Germany’s Election Chief Confirms ‘Plan A-Okay’ Despite Time Crunch!
Despite the shortened deadlines, the organization of the advance Bundestag election appears to be running smoothly so far.…