Browsing Tag
Economy
213 posts
Trumpf CEO Warns German Economy Facing Difficult Times
Nicola Leibinger-Kammüller, CEO of the Swabian engineering firm Trumpf, painted a grim picture of the current German economy.…
Hesse Economy Minister Stands Firm Against Tax-Free One Thousand Euro Bonus
Hessian Minister of Economic Affairs, Kaweh Mansoori (SPD), defended the planned tax-free €1,000 bonus following a rejection by…
US Tariffs Threaten German Economy Ifo Warns of Potential Recession
Slowing economic growth in Germany is being warned of the Munich-based Ifo Institute, particularly if the European Union…
CDU Economy Council Slams Merz Over Weak Leadership Failure
Astrid Hamker, the President of the CDU Business Council, stated to Focus magazine that she expects significantly greater…
Merz Pledges Boost for German Maritime Economy
While discussing the necessity of strengthening Germany’s maritime economy, Chancellor Friedrich Merz (CDU) asserted on Wednesday at the…
Federal Reserve Keeps Key Interest Rate Unchanged for Economy
The Federal Reserve has kept its key interest rate unchanged, maintaining the target range between 3.5% and 3.75%,…
German Economy Minister Aims to Bolster Oil Infrastructure After Energy Crisis
Energy Minister Katherina Reiche (CDU) announced that, in response to the energy crisis, the government must secure new…
Germany Economy Needs Innovations Policy Boost to Unlock Full Potential
The German economy possesses the inherent potential to navigate the challenges of transformation, but realizing this potential requires…
Economists Present Ten Point Plan to Modernize German Economy
Economists Markus Brunnermeier and Stefan Kolev have presented a comprehensive strategy aimed at modernizing Germany’s economic position. This…
IMF Cuts Growth Forecasts for Germany and World Economy
The International Monetary Fund (IMF) has once again slightly downgraded its economic forecast for Germany. The experts in…
German Economy Slows Down Amid Middle East Instability
According to the Federal Government’s assessment, the economic momentum across Germany noticeably slowed during the first quarter, a…
Economy Advocates Climate Dividend Over Fuel Price Intervention
Before the federal government debates potential relief measures due to high fuel prices, economist Monika Schnitzer warned against…
Minister Reiche Rejects Inheritance Tax Hike Cites Damage to Economy
Defense Minister Katherina Reiche (CDU) has rejected calls for increasing the inheritance tax. Speaking to “Focus”, the CDU…
Germany’s Economy Ministry Remains Quiet on Further Energy Price Relief Talks
The Federal Ministry for Economic Affairs is remaining cautious regarding potential further measures to address persistently high energy…
EU Free Trade Push Could Revitalize Economy Counteracting US Tariffs
The conclusion of ongoing EU free trade negotiations could stimulate the EU’s economy and offset the damaging effects…
German Economy Faces Steep Cuts Amid Iran Crisis Inflation Expected Near Five Percent
According to economist Isabella Weber, Germany faces profound economic difficulties due to the crisis involving Iran. Speaking to…
Germany Economy Ministry Weighs Options to Slash High Energy Costs
The Federal Ministry for Economic Affairs appears to have modeled several scenarios for how citizens could be financially…
Germany’s Economy Ministry Discusses Iran Crisis Fallout Over Easter Weekend
The Federal Ministry for Economic Affairs (BMWE) is analyzing various potential consequences stemming from the Iran crisis over…
IEA Recommendations Mesmerize German Economy Ministry
The recommendations from the International Energy Agency (IEA) regarding the need to reduce oil price pressure are reportedly…
Germany’s Economy Ministry Takes Clear Stance Against State Gas Reserves
The Federal Ministry for Economic Affairs and Climate Action is increasingly adopting a stance against establishing a potential…
SPD Economy Wing Demands VAT Cut for Healthy Food
The SPD’s economic faction, the “Seeheimer Kreis” is calling for the removal of the value-added tax on healthy…
Oil Crisis Forces Economy Minister Grimm to Call for Speed Limit
Economist Veronika Grimm suggested a nationwide speed limit in light of the energy crisis. “It wouldn’t cause harm-perhaps…
Union Leaders Urge Strict Austerity Reforms Amid Weakening Economy
Leading fiscal policymakers of the CDU/CSU Union have urged the federal government to adopt a strict savings and…
Econ Advisor Jens Südekum Warns German Economy of Inflation Surge Amid Iran Crisis Impacting Growth
Jens Südekum, the well‑known economist who advises SPD finance minister Lars Klingbeil, cautions that the flare‑up in Iran could have…
German Economy Expert Predicts Growth Potential Will Double With New Reform Agenda
Economist and personal adviser to Finance Minister Lars Klingbeil, Jens Südekum, says he expects the reform agenda unveiled this…
German Economy Ministry Rules Out Petrol Shortage
The German Federal Ministry of Economics, headed by CDU’s Katherina Reiche, has ruled out any danger of a gasoline…
Germany Eyes 21% VAT Increase To Stabilize Economy
The German federal government is reportedly working internally on a two‑percentage‑point increase in the standard value‑added tax (VAT)…
IHK Warns German Economy Heavily Hit by Rising Energy Prices Amid Middle East Conflict
Helena Melnikov, the chief executive of the German Federation of Industry and Commerce (DIHK), warned that the war…
Unrest Builds in Germany’s Economy Ministry as Employees Sign Statements
Tensions are mounting inside the Federal Ministry of Economy, headed by Katherina Reiche (CDU). Sources say that several employees…
Germany’s Economy Minister Katherina Reiche to Wrap Up Fuel Price Package by Early April Amid Accusations of Oil Industry Price Hikes
Federal Minister of Economics Katherina Reiche (CDU) has criticised the petroleum industry amid sharply rising fuel prices. “It…
German Economy Outlook Sours Sharply in ZEW Survey After Middle East War
The ZEW survey on German economic expectations for March 2026 showed a severe deterioration because of the Middle East war.…
Mecklenburg-Vorpommern Economy Minister Wolfgang Blank Seriously Injured in Autobahn 20 Crash
In a serious traffic accident on the A20 motorway, Mecklenburg‑Vorpommern’s Minister of Economics, Wolfgang Blank, was badly injured, the…
EU Sanctions Officer Warns Russian Economy Skids Toward Collapse
David O’Sullivan, the EU sanctions commissioner, warns that the Russian economy is on the brink of collapse. He…
Germany Economy Minister Katherina Reiche Deepens Ties with Israel in Video Summit
German Federal Minister of Economy Katharina Reiche (CDU) is visibly deepening Germany’s ties to Israel. In a video…
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,…
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…
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…
Union Urges Moderation as Nationwide Public Transport Strikes Threaten German Economy
Just before the nationwide warning strikes in the public transport system, the Union issued a warning about the…
Apollo Economist Remains Optimistic About US Economy Amid Tariff Uncertainty
Apollo chief economist Torsten Slok remains optimistic about the United States economy, even as new uncertainty surrounds U.S. tariff…
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…
German Economy Ministry Reaffirms Gas Security Amid US‑Iran Tensions
The Federal Ministry of Economics maintains that Germany’s gas supply remains secure, even amid tensions between the United…
Spahn and Röttgen Say Time of Illusions Is Over Europe Must Cut US Dependence Boost Its Own Security and Economy
According to leading CDU politicians, Europe must reduce its dependence on the United States and strengthen its own…
Carnival Forecasts €2 Billion Revenue Boost for Economy
The economy can expect a revenue level during this carnival season comparable to that of the previous year.…
German Economy Minister Aims to Hurdle Renewable Energy Rollout
The Federal Ministry of Economic Affairs is preparing regulatory amendments that could make the expansion of renewable energy…
Klingbeil Urges Germany to Overhaul Its Economy to Drive Growth and Sustainability
The federal finance minister demanded fundamental reforms in Germany, declaring that “we need structural reforms”. He spoke to…
Germany’s Economy Loses Nearly €1 Trillion in Ongoing Crisis Damage, Study Reveals
According to a study released on Sunday by the German Institute for Economic Research (IW), Germany’s economy has…
Germany’s Economy Minister Pushes Rapid Tax Cuts for Businesses and Workers
German federal economics minister Katherina Reiche (CDU) urged swift tax relief for companies and workers.Speaking to “Bild am Sonntag”,…
Germany’s Economy Ministry Plans to Cut Renewable Energy Priority in Power Grid
The Federal Ministry of Economic Affairs is planning to rethink key elements of Germany’s renewable energy expansion. According…
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…
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…
EU-India Trade Deal Could Boost EU Economy by Billions
The planned trade agreement between the EU and India is expected to generate significant welfare gains, according to…
German Economy Ministry Targets Rapid Building Energy Law Reform
The Ministry of Economics says it is aiming to reform the Building Energy Act (GEG) “quickly” and remains…
NRW Economy Minister Urges States to Take Center Stage in Germany’s Defence Pivot
Nordrhein‑Westfalia’s economy minister, Mona Neubaur of the Greens, is demanding that the federal government bring the states into the…
Reiche’s Micromanagement Sparks Rising Criticism in Economy Ministry
Criticism of Katherina Reiche’s leadership of the federal Ministry of Economic Affairs is growing both inside the ministry and…
Inflation Cools US Economy
The US Bureau of Labor Statistics released data Tuesday indicating that inflation remained stubbornly persistent in December, holding…
Merz Faces Pressure to Boost German Economy
Pressure is mounting within the conservative CDU/CSU parliamentary group for leader Friedrich Merz to accelerate concrete measures aimed…
Stocks Surge Economy Booms
US Markets Advance Amid Conflicting Economic Signals New York saw a modest rally on Tuesday, with the Dow…
German Economy Slows Forecast Revised
The German economy is facing a protracted period of stagnation and declining competitiveness, according to a revised forecast…
Stress Costs Economy Billions
The escalating levels of stress impacting the German population are generating significant economic and political concerns, according to…
Germany’s Economy Flatlines
Germany’s economy stagnated in the third quarter of 2025, marking a concerning development for Europe’s largest economy and…
EU Economy Gets a Boost
The European Commission has revised upwards its growth forecasts for the Eurozone and the wider European Union, signaling…
Economy Minister Backs Government Pension Plan
The government’s proposed pension package continues to generate internal friction within Germany’s ruling coalition, with Economics Minister Katarina…
Heraeus Warns Merkel Threatens Weak Economy
A growing chorus of influential German business leaders is voicing escalating criticism of the current governing coalition between…
Merz and Mauritanian President Discuss Economy Energy
Berlin and Nouakchott have engaged in a high-level dialogue, with German Chancellor Friedrich Merz and Mauritanian President Mohamed…
Minijobs Axed Economy Risks
A prominent voice within Germany’s economic policy landscape is cautioning against the proposed elimination of “Minijobs” the country’s…
Economy Sees Slight Growth Boost for 2025
Germany’s independent panel of economic advisors has revised upward its growth forecast for the current year, signaling a…
German Economy Outlook Dims
Germany’s economic outlook, as reflected in the ZEW’s November 2024 survey, reveals a nuanced picture of cautious optimism…
German Economy Remains Cautious
The recent tentative agreement between the United States and China, aimed at easing export restrictions on rare earth…
Boomer Retirements Threaten German Economy
The German economy faces a looming crisis stemming from the retirement of the Baby Boomer generation, according to…
Military Spending Boosts German Economy
The Hesse State Premier, Boris Rhein, has called for an end to the ongoing debate surrounding inheritance tax,…
German Economy Sees Slight Growth Boost
Leading German economic research institutes have modestly revised upwards their forecast for economic growth this year. The updated…
Germany’s Economy Stuck Faces Slow Recovery
Germany’s economic recovery remains sluggish, according to a new autumn forecast released by the Institute for Economic Research…
German Economy Slowdown Forecast for Next Year
The Leibniz Institute for Economic Research Halle (IWH) has released its autumn forecast, projecting global production to increase…
German Economy Shrinks More Than Expected
Germany’s Gross Domestic Product (GDP) decreased by 0.3 percent in the second quarter of 2025 compared to the…
German Economy Faces Stagnation This Year
Following a sharper-than-initially-estimated contraction in the German economy during the second quarter, economic advisor Veronika Grimm has expressed…
German Economy Reliant on Red Sea Trade Route
Approximately ten percent of all imports to Germany arrive by sea via the Red Sea – encompassing the…
Germany Targets Shadow Economy Crackdown
The German government is set to intensify efforts to combat undeclared work, with a draft bill approved by…
EU Economy Shows Slight Growth
Eurostat data released this week indicates a slowdown in economic growth across the European Union during the second…
German Economy Sees Slight Growth Boost
The International Monetary Fund (IMF) has slightly revised upward its global economic growth forecasts, including a modest adjustment…
German Economy Sees Limited Boost
German businesses reported a slight improvement in sentiment during July, according to data released Friday by the Ifo…
Boomer Boost Economy Extra Jobs
A recent study reveals a significant rise in the number of individuals receiving pensions who remain employed. According…
German Economy Sees Mixed Signals After Government Shift
The newly formed German government has laid important groundwork in security policy, according to Ifo Institute President Clemens…
Rhine Low Water Could Hurt Economy
Concerns are growing that persistent low water levels in the Rhine River, Germany’s most crucial inland waterway, could…
Jobs Vanish Germany’s Economy in Crisis
Germany’s labour market showed stability in May 2025, with employment figures remaining largely consistent month-on-month. Provisional data released…
SHOCK Inflation Plunge German Economy Saved
The rate of annual consumer price increases in Germany has seen a slight moderation in June 2025, according…
German Imports Plunge Shockwaves Through Economy
German import prices decreased by 1.1 percent in May 2025 compared to the same month the previous year,…
German Retail Sales PLUMMET Shockwaves Hit Economy
German retail sales experienced a decline in May 2025, according to preliminary data released by the Federal Statistical…
Green Party Leader Threatens to Upend German Economy
Germany’s Green Party Leader Urges Minimum Wage of 15 Euros Germany’s Green Party leader, Felix Banaszak, has called…
Budget Boom: Germany’s Economy to Get a Much-Needed Boost?
Economic Boost Expected from Germany’s New Federal Government Budget The German economy could receive a significant boost from…
SPD’s Politicization of Pay Threatens Saxony’s Economy?
German Politician Warns Against Politicizing Minimum Wage Sachsen-Anhalt’s Minister-President Reiner Haseloff, a member of the Christian Democratic Union…
Index Soars as Economy Gains Confidence!
German Businesses Show Signs of Improvement in June, Ifo Index Reveals Germany’s business climate index, as measured by…
Draft Law Takes First Step Towards a Stronger Economy
Germany’s Industry and Trade Association Welcomes Infrastructure and Climate Neutrality Fund Bill Germany’s Industry and Trade Association (DIHK)…
Germany’s Economy Under Fire as Tariff Binding Law Sparks Fury
A proposed law on tariff conformity, planned by German Federal Labor Minister Bärbel Bas, has sparked intense opposition…
Germany on High Alert as Strait of Hormus Becomes a Flashpoint for Global Economy
Germany Warns of Potential Trade Disruptions Amid Tensions in the Middle East Germany’s government is cautioning against the…
ELECTRICITY REVOLUTION: Saxon PM Demands a Fixed Price of 5-9 Cents per kWh to Save the German Economy
German State Premier Demands Cap on Industrial Electricity Prices The premier of the German state of Saxony, Michael…
Crafts: The Backbone of Germany’s Economy?
German President Frank-Walter Steinmeier Emphasizes the Importance of the Crafts for the German Economy German President Frank-Walter Steinmeier…
German Economy to Surge 0.4% in 2025?
Economic Forecasts Revising Upward for Germany and the Eurozone The Leibniz Institute for Economic Research in Halle (IWH)…
Ifo Institute Sees Economy Bouncing Back
The German economy is expected to experience a moderate upswing, according to the latest forecast from the Ifo…
Red Flag for Economy?
According to the latest data, the traffic performance of heavy goods vehicles with at least four axles on…
Economists Slam ‘Investment Booster’ as Insufficient to Revive German Economy
Economists Criticize Investment Package as Insufficient to Revive German Economy Leading economists have expressed skepticism about the investment…