Browsing Tag
Price
217 posts
Henkel CEO Does Not Rule Out Price Hikes for Consumer Goods Next Year
Henkel CEO Carsten Knobel stated to RTL and ntv that he does not rule out raising prices for…
Edenhofer Warns Fuel Discounts Backfire Potentially Driving Price Spike
Economist Professor Ottmar Edenhofer argues that the temporary reduction of fuel prices, starting May 1st, will only grant…
German Inflation Hits 29 Percent Plunges Amid Global Price Surge
The annual increase in consumer prices in Germany accelerated again in April, maintaining an upward trend against the…
German Companies Boost Price Hikes Planned As Inflation Fears Swell
More businesses in Germany are planning to significantly raise their prices. According to the Institute for Forecasting (Ifo),…
Bundeskartellamt Finds Many Violations Of Gas Station Price Rules
The Federal Cartel Office has reported identifying a substantial number of violations concerning the rule that limits gas…
Union Rejects Price Freeze on Deutschlandticket Citing Fuel Price Stability
The Union has rejected the demands made by the state transport ministers to temporarily freeze the price of…
Minister Calls To Freeze Deutschlandticket Price Amid Energy Crisis
Amid current energy difficulties, there is a growing push to freeze the price of the Deutschlandticket at €63,…
Bad Minister Hauk Demands Gasoline Price Cap To Fight Fuel Surge
In response to sharply rising fuel costs, Baden-Württemberg Consumer Protection Minister Peter Hauk (CDU) is calling for the…
Stroller Ticket Hike Activists Demand Train Ticket Price Cuts Not Just Freezing
The announcement by Bahn executive Evelyn Palla that Deutsche Bahn will keep long-distance travel fares stable for one…
Germany Budgeting Industrial Electricity Price Under Caution
The Federal Ministry for Economic Affairs, under the leadership of Katherina Reiche (CDU), plans to subject the Industrial…
German MP Slams FIFA Price Gouging Says Stadium Gates Shut to Fans
Aydan Özoguz, the chairwoman of the parliamentary Sport Committee for the SPD, has sharply criticized FIFA’s ticketing policy…
Federal Council Approves Gas Price Cut Boosting Car Owner Savings
The Federal Council (Bundesrat) has given its approval to the fuel discount measure passed by the Bundestag. In…
CSU Politician Slams Gas Station Owners Over Fuel Price Hike
CSU MP and finance policy expert Mechthilde Wittmann reacted with frustration to claims made by gas station operators…
Airport Association Demands Fuel Discount for Airlines Amid Oil Price Fears
The German Airport Association (ADV) is urging the federal government to take action due to the significant rise…
US Stock Markets Dip Gold Price Drops Sharply
The US stock exchanges experienced a decline on Tuesday. At the close in New York, the Dow Jones…
Austria’s Fuel Price Model Drives Up German Gas Prices
Since the implementation of the Austrian model at German gas stations starting April 1, 2026, fuel prices have…
German Energy Minister Plan to Streamline Industrial Electricity Price Program
Federal Minister for Economic Affairs, Katherina Reiche (CDU), announced on Thursday that the German industrial electricity price, which…
German Government Unites on Industrial Electricity Price Details
The federal government has reached an agreement regarding the specific details for implementing an industrial electricity price. According…
DGB Demands Oil Summit Merz To Tackle Energy Price Concerns
The German Trade Union Confederation (DGB) is concerned that the oil and fossil fuel corporations will not pass…
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 Politician Demands Faster Gas Price Cut Ahead Of May Day
The CDU’s general secretary, Carsten Linnemann, has called for an acceleration in the introduction of the fuel discount,…
Iran War Fuels Sudan Crisis World Hunger Aid Warns of Steep Price Hikes
The World Hunger Aid organization has sounded the alarm regarding the devastating impact of the Iran War on…
Greens Slam Government Energy Price Measures Demand Climate Dividend Instead
The Greens in the Bundestag argue that the government’s measures to combat high energy prices are misplaced and…
German Minister Vows To Crack Down On Oil Giant Price Gouging With AntiTrust Laws
Federal Finance Minister Lars Klingbeil of the SPD announced that in the current economic crisis, he plans to…
State Minister Demands Fuel Price Relief Plan Before Weekend
Citing the persistently high prices for gasoline, the Minister-President of Saxony-Anhalt, Sven Schulze (CDU), is urging the federal…
Schulze Presses Merz For Quick Fuel Price Relief Amid Coalition Talks
Ahead of the coalition committee meeting scheduled for Sunday, Sachsen-Anhalt’s Minister-President, Sven Schulze (CDU), urged the federal government…
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…
Hamburg Mayor Demands Special Conference Amid Energy Price Crisis
Hamburg’s First Mayor, Peter Tschentscher (SPD), has called for an extraordinary ministerial conference, making him the second state…
Niedersachsen Minister Demands Gas Price Cap Slams Federal Government
Lower Saxony’s Minister-President, Olaf Lies of the SPD, sharply criticized Chancellor Friedrich Merz of the CDU and the…
Lindner Slams Government Over Lack of Gas Price Relief
Christian Lindner, the former chairman of the FDP and Federal Minister of Finance, criticized the black-red government’s hesitant…
Gasoline Price Task Force Awaits Key Findings Next Week
The task force established by the coalition parties to provide relief regarding fuel prices will only receive the…
Economist Calls for European Gas Buying Cartel Amid Price Spikes
Faced with sharply rising procurement costs for natural gas, economist Gabriel Felbermayr is calling for European and Asian…
Rehlinger Demands Fuel Price Cap And VAT Cut Before Finance Summit
Ahead of a meeting with business associations and trade unions involving Finance Minister Lars Klingbeil (SPD), Saarländische Ministerpräsidentin…
Left Party Demands 9 Euro Ticket Return And Energy Price Cap Amid High Costs
Given the persistent high prices for fuel and energy, the Left Party has called on the federal government…
IG Metall Demands Quick Energy Price Relief Before Finance Minister Meeting
Before meeting with business associations and trade unions to discuss the economic situation stemming from the war in…
SPD Demands Lower Energy Taxes Gas Price Cap and Superprofit Tax
SPD faction deputy Armand Zorn welcomed a possible increase in the commuter allowance and a reduction in the…
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…
Germany’s Anti-Trust Body Predicts Sharp Gas Price Drops After US Iran Truce
Following the oil price drop due to the ceasefire agreement between the United States and Iran, the President…
Merz Considers Boosting Commuter Allowance Amid Fuel Price Hikes
Considering the high prices of gasoline, Federal Chancellor Friedrich Merz (CDU) has expressed openness to raising the commuter…
German Stock Market Rallies Oil and Gas See Price Drops
The DAX gained significantly on Wednesday, closing at 24,081 points on the Xetra exchange. This represents a 5.1…
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…
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…
Diesel Hits Record High Gasoline Close Following Price Stability Stun
A representative from ADAC told the dts news agency on Wednesday that, a week after entering effect, the…
German Leaders Gather for Crisis Summit Amid Energy Price Fears
The German Federal Minister of Finance, Lars Klingbeil (SPD), has invited leaders from the German economy and labor…
Cartel Authority Investigates Gas Station Price Hiking Violations
The Federal Cartel Office is investigating initial breaches of the new regulation stipulating that gas station operators may…
Economic Expert Warns Against Fuel Price Caps and Increased Commuting Allowances
Michael Hüther, director of the employer-affiliated Institute of the German Economy (IW), advised against implementing price caps on…
Greens and Left Slam Government Over Fuel Price Crisis Failure
As gasoline prices climb, the political opposition is criticizing the federal government harshly. Ines Schwerdtner, the leader of…
Union Oppositor Demands Targeted Energy Price Relief for Families Workers and Mittelstand
Sepp Müller, the Deputy Parliamentary Group Chairman for the CDU and a member of the Task Force addressing…
Municipal Union Urges Temporary VAT Cut to Combat Energy Price Spikes
To counter rising energy costs, the Association of German Cities and Municipalities is calling for a temporary reduction…
Rail Union Demands Deep Ticket Discounts to Offset Fuel Price Crisis
The railway union EVG is demanding that the government implement a price reduction for train tickets amid the…
German CDU MP Demands Fixed Fuel Price Cap as Gas Prices Soar
Facing rising fuel prices, drastic measures are already being considered to protect consumers. Saxon CDU parliamentarian Florian Oest…
SPD General Secretary Demands Surplus Profit Tax and Daily Price Ceiling to Tackle Iran War‑Fueled Fuel Cost Surge
Tim Klüssendorf, the SPD Secretary‑General, says the rising fuel prices caused by the Iran conflict demand new actions…
Left Criticizes New Gas Station Price Rule as Ineffective
The Left criticized the delayed entry into force of the new pricing rule for petrol stations.“It first could…
German Companies Move Toward Price Hikes as More Firms Plan to Raise Prices
More German companies are now planning higher prices than ever. In March, the Ifo price‑expectation indicator rose to…
Reiche Delays Fuel Price Rule to April 4 to Smooth Implementation
Bundeswirtschaftsministerin Katharina Reiche (CDU) arranged for the new price regulation for petrol stations to take effect three days…
Reiche to Let Industry Emit More CO2 Cites Price Pressure on EU Emissions Market
German Economy Minister Katrin Reiche (CDU) said that industry will be allowed to emit more CO₂. In an…
SoVD Urges German Government to Slash Food VAT Amid Looming Food Price Hikes
Facing looming rises in food prices, the Social Association Germany (SoVD) has called on the federal government to…
SPD Demands Union Establish Food Price Monitoring Office in Germany
The SPD is urging the Union to set up the price‑watching body that the coalition agreement called for,…
German Left Pushes Rapid VAT Cut on Food to Alleviate Price Rises
Jan van Aken, the chairman of the Left party, urges a swift cut in the value‑added tax amid rising food…
Farmers’ Association Demands Diesel Tax Suspension Amid Energy Price Surge
Before the upcoming consultations of the CDU-SPD taskforce on high energy prices, the farmers’ association is demanding that…
Bundestag Approves Fuel Price Relief Package
The German parliament has approved the federal government’s fuel‑price package. The so‑called Fuel‑Price Adjustment Act was adopted on…
Henkel CEO Signals Price Hikes Amid Iran War
Carsten Knobel, the chief executive of Henkel, which manufactures detergents such as Persil and Pril in Düsseldorf, has indicated that…
Monika Schnitzer Opposes Fuel Price Caps Like Luxembourg’s
Monika Schnitzer, chair of the Wirtschaftsweisen panel, rejected the idea of setting maximum prices for gasoline and diesel…
Lars Klingbeil Eyes Luxembourg-Style Fuel Price Caps Amid Iran War Fueled Rise
SPD leader Lars Klingbeil said he will look at how Luxembourg is handling fuel‑price rises caused by the war…
EU Court Strikes Down German Rail Price Cap Rule Violating EU Law
Germany’s price‑cap rule for freight and passenger rail services in regional transport has been found to violate EU…
Expert Warns Over‑Optimistic Expectations for New Fuel Pricing Law’s Daily Price Increase Rule
Düsseldorf competition expert Justus Haucap cautions against over‑optimistic expectations for the new Fuel Adjustment Act, which aims to bring…
Economist Grimm Warns Against State Fuel Discounts, Argues Price Cuts Backfire
Veronika Grimm, a respected economist, has cautioned against state‑backed measures to lower fuel prices. She advised the “Redaktionsnetzwerk…
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…
SPD VICE SPEAKER SLAMS OIL INDUSTRY AT FUEL PRICE TASKFORCE
SPD deputy faction leader Armand Zorn criticized the representatives of the petroleum industry as “unacceptable and contradictory” during the…
Taxpayer Group Demands Gasoline VAT Only on Net Price Excluding CO2 Fees
The Association of Taxpayers (Bund der Steuerzahler, BdSt) is urging the German federal government to change the way…
German Social Association Welcomes Coalition Fuel Price Taskforce Calls for Measures to Protect Low‑to‑Middle Incomes
The Sozialverband Deutschland (SoVD) welcomed the “fuel‑price taskforce” created by the governing coalition and called for measures to…
Social Association Urges Drug Price Curb Amid Rising Med Costs
The social association SoVD has demanded political action to curb the rising prices of drugs. “It can’t continue…
75 Percent of Germans Blast Government for Failing to Curb Fuel Price Surge
The German federal government faces heavy criticism from citizens for its approach to tackling high petrol prices.According to…
Linke Push Oil Price Cap and 9 Euro Ticket to Ease Citizens Cost Burdens
Jan van Aken, the leader of Germany’s Left party, called for a cap on oil prices as a way…
Hubig Demands Year-Long Rule to Cap Daily Gas Price Hikes
Justizministerin Stefanie Hubig (SPD) says she wants the planned rule that will allow fuel stations to raise their prices…
MPs Demand Next-Week Rollout of Gas Price Cap
Members of the Christian Democratic Union (CDU) and the Social Democratic Party (SPD) have urged Federal Economy Minister…
Grimm Criticizes New Single‑Per‑Day Gas Price Increase Rule
An economist who also serves on the supervisory board of Siemens Energy, Veronika Grimm, sharply criticized a proposal to restrict…
Crafts Union Welcomes Fuel Price Move, Urges More Steps
The president of the Central Association of German Crafts (ZDH), Jörg Dittrich, welcomed the ban on multiple daily price…
Fuel Station Association Welcomes Daily Price Increase Cap Promising Greater Reliability
The German fuel‑station interest group (TIV) welcomed the federal government’s proposal that price hikes would be limited to…
German Government to Limit Daily Gas Station Price Hikes to Once Per Day
German economic minister Katherina Reiche (CDU) announced after a cabinet meeting that, in line with the “Austrian model”, gas…
German Justice Minister Hubig Caps Fuel Price Increases to One Per Day Amid Skyrocketing Costs
Because gasoline prices have risen sharply, Federal Justice Minister Stefanie Hubig (SPD) has urged that price increases be limited…
JUSO Seeks Fuel Price Cap to Support 49 Euro Ticket Amid Rising Gas Prices
German Green Party leader Philipp Türmer is calling for a price cap on gasoline amid steep fuels inflation.…
CDU Economic Council Urges Electricity Tax Cut Amid Iran War Energy Price Surge
In light of rising energy prices caused by the Iran conflict, the CDU’s Economic Council reminds the government…
CDU Calls for Competition Authority Action Against Fuel Pump Price Gouging
Deputy of the union parliamentary group, Sepp Müller (CDU), has called on the competition authority to step in…
TIV Urges Gas Prices to Hit €2.50 as Oil Price Surges
The German roadside‑fuel interest group, the TIV, says it expects oil giants to immediately pass on the price…
DAX Falls Amid Energy Price Hopes for Relief
The DAX slipped into the week, closing on Xetra at 23,409 points – a decline of 0.8 % from…
German Taskforce Warns Oil Companies Over Unexplained Fuel Price Surge
Sepp Müller, the co‑chair of the Bundestag Taskforce “Economic Effects of the Iran War” which comprises members of…
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…
Schulze Backing Taskforce to Tackle Fuel Price Surge
Sachsen‑Anhalt’s governor, Sven Schulze (CDU), welcomed the launch of a newly created federal task force formed by the governing…
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…
Linnemann Calls for Market Power Control Over Fuel Prices After Rejecting Fuel Price Cap
Carsten Linnemann, the CDU’s Secretary‑General, rejected a proposed fuel‑price cap and called for tighter oversight. He told RTL…
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,…
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…
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…
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…
Schwesig Urges Rapid Refilling of Gas Storage Amid Iran War Price Surge
Faced with rising energy prices triggered by the war in Iran, Mecklenburg‑Western Pomerania’s Minister‑President Manuela Schwesig (SPD) has urged…
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.…
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…
SPD Accuses Gas Stations Of Nickel And Dime Over Iran War Fuel Price Hikes
The SPD says that the rapid rise in fuel prices at gas stations-attributable to the Iran war-is unjustified.…
Milk Farmers Urge Minister Rainer to Act Against Milk Price Collapse
Milk farmers urge Federal Agriculture Minister Alois Rainer (CSU) to oppose the falling price of milk and to push…