Browsing Tag
Sector
37 posts
Construction Sector Misses Funding Boost
The German construction industry is facing a deepening crisis of confidence, with the sector’s leading body accusing Chancellor…
Merz Backs German Steel Sector
The German steel industry faces an existential crisis, Chancellor Friedrich Merz acknowledged at a “Steel Summit” held at…
Auto Sector Mood Brightens
The automotive sector in Germany is exhibiting signs of tentative recovery, though underlying concerns persist, according to the…
Steel Sector Job Losses Loom
A looming crisis within Germany’s steel industry threatens hundreds of thousands of jobs and casts doubt on the…
Service Sector Sales Dip
Service Sector Performance Signals Emerging Economic Concerns in Germany Preliminary data released Wednesday by the Federal Statistical Office…
Boost for German Care Sector
The German government’s commitment to the struggling care sector has been underscored by Health Minister Nina Warken, who…
US Tariffs Threaten Engineering Sector
The German engineering sector is bracing for a potentially devastating blow as the United States government prepares to…
Insurance Sector Braces for Major Shift
Germany’s insurance sector is facing escalating challenges across all areas, according to Oliver Willmes, CEO of Ergo Deutschland.…
Luksic Joins Digital Sector
A significant shift is underway within German political circles as former Free Democratic Party (FDP) officials increasingly transition…
Care Sector Reform Faces Criticism
The German Association of Elderly and Disabled Care (VDAB) has delivered a sharp critique of the preliminary findings…
Auto Sector Faces Scrutiny
Germany’s ambitions in electric mobility and renewable energy are facing a stark reality check, with Schleswig-Holstein’s Minister-President Daniel…
Auto Sector Sentiment Dives Again
The Ifo Institute’s automotive industry business climate index experienced a significant decline in September, reversing gains observed in…
German Service Sector Sales Dip
Preliminary data released by Destatis, the German Federal Statistical Office, paints a concerning picture of Germany’s service sector…
Pistorius Calls for State Power in Arms Sector
The German Defense Minister, Boris Pistorius, has advocated for a more significant role for the state within the…
Craft Sector Fears Soaring Social Costs
The president of the German crafts sector, Jörg Dittrich, is calling for a comprehensive overhaul of the nation’s…
Housing Sector Gloom Returns
The residential construction sector experienced a renewed downturn in sentiment during August, according to the Ifo Institute’s latest…
Craft Sector Soars Revenue Business Numbers Fall
German craft businesses demonstrated resilience in 2023, generating a total turnover of €766 billion. According to data released…
Construction Sector Calls for Housing Action
A broad coalition of industry stakeholders in the construction and real estate sectors is urgently warning of a…
Construction Sector Calls for Migration Debate Nuance
The German construction industry is calling for a more nuanced public discourse surrounding migration, highlighting the sector’s reliance…
Construction Sector Feels Overlooked
The German construction industry is expressing concerns over a perceived lack of engagement from Chancellor Friedrich Merz, according…
Taxpayers’ Group Urges Cuts to Public Sector Jobs and Perks
The president of the German Taxpayers Association, Reiner Holznagel, has called on the federal and state governments to…
Construction Sector Demands Tariff Loyalty Law Changes
The Central Association of the German Construction Industry (ZDB) has voiced significant concerns regarding the current draft of…
Service Sector Sales Dip
Preliminary data released Tuesday by the German Federal Statistical Office (Destatis) indicate a slight contraction in Germany’s service…
Auto Sector Sees Rising Optimism
Sentiment within Germany’s automotive industry has recently seen a positive shift, according to the latest data released by…
Trade Deal Misses Key Service Sector
A leading German economist has voiced concerns regarding the recently concluded trade agreement between the United States and…
German Stocks Rally Auto Sector Soars
The German DAX index continued its upward trend on Wednesday, building on a positive start to the trading…
Debate Rises Over Public Sector Hiring Rules
The recent decision by the Rhineland-Palatinate Interior Minister, Michael Ebling, to restrict the access of Alternative for Germany…
Tourism Sector Sees Limited Summer Heat Boost
The German hospitality sector is experiencing a modest improvement in sentiment as the peak travel season begins, but…
Construction Sector Blasts Coalition Delay
The construction industry association, HDB, has voiced sharp criticism regarding the perceived sluggish allocation of funds from the…
German Service Sector Sales Flat in April
Preliminary data from Germany’s Federal Statistical Office (Destatis) indicates that service sector revenue (excluding financial and insurance services)…
Health Minister Sees Ignorance as Strength to Drive Reforms in Healthcare Sector
Nina Warken, the new Health Minister of Germany, sees her lack of prior knowledge in the field as…
A Bold Step in Financing the Defense Sector
The Deutsche Bank has expressed its support for partially guaranteeing bank loans to defense firms. In a guest…
Germany’s Price Boom Stalls, But Expectations Vary by Sector
Economic Indicators Remain Unchanged in February, According to Ifo Survey The Ifo economic expectations index remained nearly unchanged…
Nationwide Strikes Imminent as Verdi Union Warns of Action in Public Sector
The German public sector union, Verdi, has announced plans for a nationwide strike, with the possibility of expanding…
Germany’s Service Sector Sees Slight Slump
Germany’s service sector (excluding financial and insurance services) generated a calendar- and seasonally adjusted real (price-adjusted) 0.3% less…
Farmageddon: Germany’s Farming Sector Sees Shocking Profit Plunge!
German Farming in Germany has recorded a significant decline in profits in the recent 2023/24 fiscal year. The…
BOMBSHELL: German Charity Warns of Crippling Cuts in Social Sector – What’s Next for the Vulnerable?
Caritas President Eva Maria Welskop-Deffaa warned of cuts in the social sector. “The political promise that our social…