German National Bank proposes letting go of strict fiscal policy
Germany's Bundesbank proposed a reform of the country's debt brake, allowing Berlin to borrow an additional €220 billion by 2030, a break from its traditional…
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German economy
Popular articles tagged "German economy"
Germany’s Bundesbank reports record €19.2bn loss
Germany's national bank has reported record losses of €19.2 billion, marking its first deficit since 1979.
German vice-chancellor’s brother under fire for alleged public funds ‘mismanagement’
The younger brother of Germany’s vice-chancellor and economics minister Robert Habeck (Greens), has come under fire for alleged wasteful spending of taxpayer money.
German unemployment hits almost 3 million as job market shrinks
Germany’s economy has continued its downward spiral as official figures from the Federal Employment Agency (BA) have revealed almost three million people were…
What does Germany think about being a nation — strong, assertive or weak?
Elon Musk’s recent address to the AfD party in Germany has reignited a centuries-old debate: What kind of Germany does Europe truly need?
Germany’s declining economy ‘helps it cut emissions’, think tank finds
Germany's declining economy is helping the country reach its goal of reducing emissions, a think tank report has found.
Germany ‘entering longest economic slump since WW2’
A forecast by the Handelsblatt Research Institute (HRI) has predicted that the German economy is set to suffer a third consecutive year of recession, something not…
German CDU leader Merz warns against ‘dangerous spiral of tariffs’
German Christian Democratic Union (CDU) leader Friedrich Merz has told news agency DPA he would support a new attempt at talks on a free trade deal with the US.
Mass exodus of companies shows Germany is ‘bankrupt’
The mass exodus of companies from Germany has shown the country was now effectively "bankrupt", the head of an industry organisation has said.
Merz or Scholz: German politics to continue on the same self-destructive path
The upcoming German elections will not only define the future of one of the two political and economic pillars of the European Union, they will also test the leadership…
Sweden slams German ‘green’ energy policy reliance on ‘weather gods’
The recent spike in energy prices has caused diplomatic friction between Sweden and Germany, with Sweden's Deputy Prime Minister Ebba Busch pointing the finger at…
German chemicals giant Evonik says 7,000 jobs on the line
A major restructuring and cost-cutting operation at Evonik, a publicly-listed German specialty chemicals company, could reduce its workforce by one-fifth.
Bribe people €1,000 in fuel to buy electric cars, German Green ministry suggests
Germany's Green-led ministry for economic affairs has argued in favour of bribing consumers with €1,000 in fuel credit to buy a new or used electric car.
Bosch, ‘absolutely unbearable,’ to cut up to 10,000 jobs as German economy slows
German industrial giant Bosch will lay off thousands more employees than it had already announced, it said on December 11.
Sportswear icon Adidas caught in EPPO tax evasion probe
Adidas, one of the largest and most recognisable sportswear companies in the world, is suspected of tax evasion and had its offices raided by investigators on the…
German Greens call for relaxing EU emissions fines on carmakers
Germany's Greens party economy minister Robert Habeck has called for the relaxing of fines on automotive emissions that were set to hit European Union carmakers…
Germany to see weakest growth of all industrialised countries in 2025, says OECD
Germany, traditionally the engine of the European economy, will have the weakest growth of all industrialised countries in 2025, the Organisation for Economic Co-operation…
Outdated software running Germany Inc goes for easy protection not innovation
Christian Democratic Union (CDU) leader and likely future chancellor Friedrich Merz is sidling cautiously up to the debt brake issue that just demolished the traffic…
German Government implodes, new elections expected in early 2025
Chancellor Olaf Scholz has subsequently confirmed that he will call for a motion of confidence in the government in January, a move that is almost certain to dissolve…
Leading German researchers fear $33 billion ‘Trump tariffs’
Germany needs to prepare itself for major problems after Donald Trump won the US presidency, a leading German economic research agency has warned.
Half a billion euros in German child-benefit sent outside the country, government says
More than €500 million in German child benefit allowance payments was sent outside the country in 2023, government data provided to local media outlets has shown.
US tobacco giant Philip Morris to close German plants as Europeans smoke less
US multinational tobacco giant Philip Morris has said it planned to close two German factories due to falling demand across Europe.
Germany wants to use India’s cheap labour market to reduce reliance on China
Chancellor Olaf Scholz leads a high-level delegation to New Delhi this week, betting that greater access to the vast Indian market can reduce Germany's reliance…
Head of German employers’ association warns ‘300,000 industrial jobs at risk’
Stefan Wolf, the head of the German employers’ association Gesamtmetall, has said hundreds of thousands of jobs in the metals and electricals industry are at risk.
Germany’s SPD plotting ‘wealth tax’ amid financial problems
Germany's ruling Social Democratic Party (SPD) is plotting the introduction of a wealth tax on assets amidst the country's worsening economic situation, local news…
German government threw €50 million at failed hydrogen train fleet
A prestigious train project in Germany, aimed at introducing a fleet of hydrogen-powered locomotives to the railway system, has fallen flat despite over €50 million…
German company insolvencies at highest level since 2010, thousands of jobs affected
Germany has reportedly experienced a near-record number of corporate insolvencies, with a major economics firm warning that insolvencies have hit their highest point…
Pot, black: Germany’s dodgy infrastructure leaves no space to attack Hungary’s spending
Germany's dodgy infrastructure spending has been put under the spotlight after politicians in the country used similar examples to claim Hungary was corrupt.
Eurozone factory activity sees fastest-ever decline in September
Manufacturing activity across the Eurozone declined at its fastest pace this year in September as demand waned sharply despite factories cutting their prices, a…
Economic stagnation ‘the best Germany can hope for’
Germany is about to downgrade its economic forecast for 2024, with authorities now hoping to register zero growth this year, according to a report from the international…