Browsing Tag
Despite
156 posts
Trump Keeps Naval Blockade on Iranian Ships Despite Tehran’s Temporary Pause
Following Iran’s announcement of a temporary lifting of its blockade on the Strait of Hormuz, US President Donald…
Higher Incentives Aim to Boost Voluntary Syrian Return Despite Slow Pace
The voluntary, subsidized return of Syrian nationals to their home country remains slow, nearly a year and a…
Winkel Seeks CDU Youth Wing Leadership Renewal Despite Age Limit Hit
Even though he will cross the age threshold of 35 for membership in the Young Union this autumn,…
Coalition Slashing Fuel Tax Despite Potential Price Drops
The planned cut of 17 cents in gasoline prices by the coalition remains in effect even if tank…
German Subsidies Offer Little Growth Boost Despite Massive 2026 Spending
According to a subsidy report presented in Berlin from the Freiburger institute, the German state plans to allocate…
Schalke Edges Through Scare Losing Bundesliga Battle Despite Numerical Advantage Deprivation
In the 2. Fußball-Bundesliga’s 29th matchday, SV Elversberg was defeated by FC Schalke 04 with a score of…
German Homes Remain Out of Reach Despite Price Drops For First-Time Buyers
Despite slightly lower prices, purchasing a home remains largely unaffordable for many first-time buyers in Germany. This is…
Dax Drops Despite Rising Oil Prices
The DAX remained in negative territory throughout the day on Thursday, continuing a weak start into the midday…
German Fuel Prices Expected To Remain High Despite Market Dip
Despite recent easing on the oil markets, economic advisor Gabriel Felbermayr expects gasoline prices in Germany to remain…
German Industry Warns Lingering Economic Troubles Despite Ceasefire
Despite a ceasefire in the Iran conflict, the German Chamber of Industry and Commerce (DIHK) has issued warnings…
OMV Chief Predicts Months Of Slow Energy Market Recovery Despite Geopolitical Easing
Alfred Stern, the CEO of the Austrian energy and chemical conglomerate OMV, stated that despite indications of a…
IEA Boss Forecasts Lingering Effects From Iran Conflict Despite Ceasefire Talks
Fatih Birol, the head of the International Energy Agency (IEA), anticipates that the repercussions of the conflict in…
Experts Doubt Quick Gas Price Drops Despite Iran Tensions
Monika Schnitzer, chairwoman of the Expert Council for Assessing Overall Economic Development, does not anticipate that the ceasefire…
Hapag Lloyd Avoids Strait of Hormuz Despite Ceasefire Amid Safety Concerns
Despite the agreement on a two-week ceasefire between the United States and Iran, the shipping company Hapag-Lloyd continues…
NRW Cities Find Federal Old Debt Aid Insufficient Despite Government Action
The large cities in North Rhine-Westphalia are pleased that the federal government has finally presented the long-promised core…
Höne Vows Stay Fixed On FDP Leadership Bid Despite Rivalry
Despite the candidacy of the FDP’s Deputy Chair, Wolfgang Kubicki, for the leadership of the Liberals, North Rhine-Westphalia’s…
Reiche Guarantees Germany Fuel Supply Secured Despite Oil Tanker Reversal
Although reports suggest that some of the first oil tankers traveling to Europe have been turned back to…
SPD Rejects Higher VAT, Sticks With Wealth‑Tax and Inheritance Increases Despite Lowered Growth Forecasts
Despite a sharp downgrade in Germany’s growth outlook, the SPD insists on retaining its push for higher taxes…
German Industry Still Thrives Despite Deep Structural Break Study Says
The German industry is experiencing a deep structural shift, but this does not amount to deindustrialisation. Three studies…
61 Percent Of Households Uninterested In Fiber Despite Rollout
A recent survey commissioned by the German Consumer Association’s national federation reveals that 61 % of households that are…
Social Democrats Lead Denmark Parliamentary Election Exit Poll Despite Steep Losses
According to the first exit poll, Denmark’s Social Democrats still lead in the parliamentary election, even though they…
SPD Secretary Tim Klüssendorf Vows to Stay in Coalition Despite Party’s New Election Loss
Despite the recent electoral setback for the party, SPD General Secretary Tim Klüssendorf ruled out a break in the…
Digital Minister Urges Caution Before Youth Social Media Ban Despite Positive Australian Tests
Digital Minister Karsten Wildberger (CDU) cautioned against a quick ban on social‑media use for minors during a debate.…
Mossad Ex‑Chief Rejects Quick Military End to Iran Conflict Despite Trump Claim
Former head of Israel’s foreign intelligence agency, the Mossad, Efraim Halevy, says he does not believe a quick…
Germany Sticks to Nuclear Exit Despite EU Atomic Energy Plans
The German federal government maintains its firm stance on phasing out nuclear power, even in the wake of…
Merz Calls Czechia Under Babis a Close Partner Despite EU Skepticism
German Chancellor Friedrich Merz (CDU) said that, even with the relatively EU‑skeptical stance of the new Czech government,…
German Frigate Nordrhein-Westfalen Set to Continue Med Unifil Mission Despite Middle East War Readiness Stays High
The German frigate Nordrhein-Westfalen continues its deployment in the Mediterranean as part of the UN Mission Unifil, regardless of the war…
Südekum Urges Delay of Fuel Rebates Despite Price Surge
Despite the continued rise in fuel prices caused by the conflict in Iran, Jens Südekum, an economist and economic…
Bundesbank President Rejects Gas Price Cap Despite Mixed Past Experience
The President of the German Bundesbank, Joachim Nagel, rejected direct interventions such as an oil‑price brake and pointed to…
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 States Hold Back on New Secondary Asylum Centers Despite Parliament’s Push
So far, many German states have reacted with great caution to the possibility that the Bundestag created on…
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…
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…
Stuttgart Advance to Europa League Round of 16 with 4‑2 Aggregate Over Celtic Despite Home Loss
Thanks to a 4‑1 victory in the first leg, VfB Stuttgart advanced to the Europa League last‑16 even though…
DAX Opens Slightly Lower Despite Nvidia’s Strong Numbers
The DAX opened the trading day on Thursday with a modest decline. By about 9:30 a.m., the index…
Health Minister Warken Stays Against Ending Phone Sick Notes Despite Party Call
Despite the decision made at the CDU party conference, Health Minister Nina Warken has no current plans to…
DAX Remains in Red at Midday Despite Strong Ifo Numbers
The DAX remained in the red until lunchtime on Monday after a weak start to the trading day.…
German Government Praises Sports Funding Despite Olympic Medal Decline
The German federal government still considers the nation’s sports funding to be “well positioned” even though the Olympic…
Germany Secures Third Spot in Global Economy 2025 Despite Ongoing Crisis
Despite a continuing economic crisis, Germany secured its place as the world’s third‑largest economy in 2025. According to…
Klingbeil Advisor Warns of Investment Stagnation Despite New Special Fund
Despite the new Special Fund for Infrastructure and Climate Neutrality (SVIK), economist Jens Südekum warns of a long‑term stagnation…
Klingbeil Says US Trade War Continues Despite Supreme Court Ruling
Bundesfinanzminister Lars Klingbeil (SPD) does not expect the Supreme Court’s customs ruling to permanently ease the trade dispute…
Dax Moves Into Green Despite Investor Reluctance
At 12:30 German time the DAX settled at 25,110 points, 0.3 % higher than yesterday’s close after a fairly…
EU Arms Keep Flowing to Russia via Third Countries Despite Sanctions
A new study by the Ifo Institute and Econpol Europe, released this Thursday, shows that EU‑originated military goods…
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…