Browsing Tag
Sector
69 posts
Eon Boss Demands Energy Market Reform After Power Sector Turmoil
Eon CEO Leonhard Birnbaum has urged the German government to take decisive action following recent major disruptions in…
Construction Sector Criticizes Government For Neglecting Housing And Infrastructure
The German construction industry has publicly criticized the ruling coalition (the “black-red” bloc) for insufficient progress on housing…
German Service Sector Sales Jump in February Outpacing January Gains
According to preliminary figures released by the Federal Statistical Office (Destatis), the service sector in Germany-excluding finance and…
German Stock Market Plummets Midday Auto Sector Faces Pressure
The German market index, the DAX, which initially had a positive start to the trading week on Monday,…
February Construction Orders Jump 7point6 Percent Signaling Major Sector Revival
The real, price-adjusted order intake in the general construction sector increased by 7.6 percent in February 2026 compared…
Stocks Dip Fuel Costs Pressure Aviation Sector
US stock markets saw a dip on Monday. By the close in New York, the Dow Jones index…
German Industrial Orders Rise February Shows Growth in Manufacturing Sector
The real order backlog within Germany’s manufacturing industry rose by 1.0 percent in February 2026 compared to January…
Interest Rate Worries Dampen Housing Sector Mood Index
The sentiment within the residential construction sector worsened again in March. The corresponding Ifo business climate index dropped…
Public Sector Workers Demand 1000 Euro Bonus for Government Employees
The German civil service union has demanded that the planned tax-free 1,000-euro bonus be paid out to all…
Trump Champions American Oil and Gas Sector
Donald Trump promoted American oil and gas on his platform, “Truth Social” on Saturday, stating, “Countless empty oil…
40 Percent of German Public Sector Workers Clock Overtime, Officials Report Growing Frustration
According to a special analysis of the “Good Work” index from the German Confederation of Trade Unions (DGB),…
German Customs Launches Over 800 Investigations into Construction Sector
The customs authorities announced on Thursday that they have opened more than 800 investigations following a nationwide focus…
German Services Sector Rises 2.1% Real and 3.9% Nominal Revenue in 2025
In 2025, Germany’s services sector generated a real sales increase of 2.1 % and a nominal rise of 3.9 %…
German Travel Sector Faces Sharp Drop in US Bookings as ICE Aggression and New Entry Rules Loom
The German tourism industry reports a sharp drop in demand for trips to the United States following reports…
Verdi Secures 5.8 Percent Pay Raise for Public Sector Employees Across German States
The services union Verdi and the employers of the German Länder have reached a collective‑agreement for public‑sector employees…
DIW Demands Productivity Drive Wage Negotiations Amid Germany Public Sector Pay Storm
Amid ongoing collective bargaining disputes-including at Deutsche Bahn and within the public sector-the German Institute for Economic Research…
Hamburg Prepares for Public Sector Strike Ahead of Third Negotiation Round
A day before the third round of wage negotiations in the public sector of Germany’s federal states, Verdi…
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…
Health Sector Employment Rises to 6.2 Million by Year‑End 2024, Up 102 000 (1.7%)
By the end of 2024, about 6.2 million people were employed in the German health sector.That figure represents a…
Verdi Urges Health Sector Strikes Amid Employer Standoff in State Wage Talks
Verdi, the service‑sector union, has called for a nationwide sector strike in the health sector on Tuesday. The…
Verdi Demands Major Pay Hikes for Public Sector Workers
The public sector in Germany’s states faces mounting pressure as labor union Verdi intensifies its demands ahead of…
German Service Sector Sales Dip
Service Sector Slowdown Raises Concerns About German Economic Momentum Preliminary data released by Destatis, Germany’s Federal Statistical Office,…
Union Demands Offer for Public Sector Workers
The stalemate in public sector wage negotiations across German states intensifies, with Verdi union leader Frank Werneke issuing…
Public Sector Retirements Ease
Germany’s public sector pension obligations continue to escalate, raising concerns about long-term fiscal sustainability, according to newly released…
German Auto Sector Sees Modest 2026 Sales Rise
The German automotive industry anticipates a modest two percent rise in new car registrations by 2026, a figure…
Service Sector Sales Dip Slightly
Preliminary data released by Destatis, the Federal Statistical Office, reveals a nuanced and potentially concerning picture of Germany’s…
Germany Considers Public Sector Hiring Freeze
A growing fiscal pressure on public services is prompting a significant policy shift, spearheaded by Hesse’s Minister-President Boris…
Construction Sector Sees Order Surge
Germany’s construction sector is signalling a potential recovery, with September 2025 data revealing a significant surge in new…
Verdi Threatens Public Sector Strikes
The prospect of widespread strikes looms over Germany’s public sector as union Verdi intensifies its stance in ongoing…
Public Sector Workers Demand Pay Hike
The public sector workforce in Germany is poised for a significant showdown as Verdi, the country’s largest service…
Aviation Sector Cheers Tax Relief Deal
The German aviation sector has welcomed the agreement reached late Thursday within the governing coalition, signaling a significant…
Chemical Sector Mood Dives
The German chemical industry is experiencing a significant and concerning downturn, according to the latest data from the…
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…