One of Germany’s oldest breweries goes bust after more than 350 years
Eichbaum Brewery, founded in 1679 in the town of Bad Windsheim in Bavaria, announced that it will cease production later this year.
Popular articles tagged "German economy"
Eichbaum Brewery, founded in 1679 in the town of Bad Windsheim in Bavaria, announced that it will cease production later this year.
In the April-to-June period, there were 4,996 insolvencies of partnerships and corporations.
Ministers argue the spending surge is needed to revive the economy after years of weak growth, modernise ageing infrastructure and rapidly strengthen armed forces.
McKinsey’s 65-page study shows that Germany is investing almost nothing in additional production capacity.
Germany's small firms are facing challenges in the shift to carbon-neutral production, grappling with high energy costs and insufficient electricity supply for electrification…
Class 1 reactors could be restarted for well under €1 billion each, while Class 2 plants would require between €1 billion and €3 billion.
The plans would roughly double the previously announced target of around 50,000 job reductions, already called historic at the time due to its impact.
The broader project has received additional international funding, but Germany has been a major contributor.
Around 350 jobs are affected at the Dietenhofen site, which specialised in the manufacture of the popular toys.
The suggestion forms part of ongoing coalition talks with the CDU/CSU on a broader reform package and may cause friction within the government.
He noted that discussions with international investors barely mention possible AfD successes in upcoming state elections in eastern Germany.
The European Union is an empire. This empire is now failing economically and civilisationally.
The errors occurred because cabling work began before the final technical planning for the new digital signalling system was complete.
Germany faces significant budgetary challenges, including high energy costs, defence spending needs, and the costs of the green transition.
The downgrade is attributed primarily to the economic fallout from the Iran conflict, including sharply higher energy prices.
In 1969, Switzerland’s Beznau plant went online after roughly four years of construction. France built its nuclear fleet in the 1970s on a similar schedule.
The push has come as Germany's long-standing reluctance to confront China has appeared to soften.
German biotech company Biontech has announced it will cease the production of Covid-19 vaccines in Germany and close down most of its domestic production sites.
A year on from the day he became the first German leader to need a second Bundestag vote to take office, Merz has presided over a stagnant economy, a coalition at…
A 63-year-old woman and a 77-year-old man, both German citizens, died at the scene.
While employment in once key industrial sectors is in decline Germany is seeing a significant increase in people working for the state.
The Social Democratic Party (SPD) in the German capital of Berlin has announced plans to set up a special investigative unit to examine thousands of rental contracts…
Several high-ranking German economists have expressed scorn and criticism of Germany’s federal budget plan for 2026 to 2030.
Merz has stated that the state pension will be reformed into what he described as “basic cover” for old age and will no longer be sufficient to maintain living…
Germany’s finance ministry has countered claims by leading economists who accused the government of having misspent most of a debt-financed “special fund”…
The German economics ministry has significantly lowered its growth outlook for Europe’s largest economy, halving its forecast for 2026 and also revising up inflation…
German Chancellor Friedrich Merz (Christian Democratic Union, CDU) has spoken out in favour of far-reaching reforms of the country’s creaking public pension system.
The Minister-President of Lower Saxony has suggested that Volkswagen should consider allowing Chinese manufacturers to produce vehicles in underutilised German plants…
Germany’s airlines and airports are sounding the alarm as dwindling jet fuel stocks threaten to cause a collapse in air travel in the coming months.