German home-building collapses amid economic downturn
Building permits for apartments in Germany fell 27 per cent in 2023, the statistics office said, underscoring a downturn in demand in the construction and real estate…
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Popular articles tagged "German economy"
German oil refinery Schwedt ‘guaranteed’ by Poland
German Economy Minister Robert Habeck said in Warsaw that Poland had "given reassurances" that it will continue to provide the country's Schwedt refinery with crude…
EU economy to struggle this year while US and Asia grows: OECD
The European Union's economy is expected to struggle in 2024 as other global areas enjoy substantial growth, newly published research by the Organisation for Economic…
German companies begin four-day working week experiment
Some 45 German companies have made a radical change; their employees will be able to work one day a week less for the same salary.
Eurozone economy flatlined in 2023 with little hope of new life this year
The Eurozone economy stagnated last year, underperforming the rest of the world as former powerhouse Germany struggled with an industrial malaise that has no end…
Germany’s Scholz calls for completion of EU capital markets union
German Chancellor Olaf Scholz called on Sunday for the European Union to complete its creation of a banking and capital markets union, so the bloc can compete with…
Berlin’s still got it
Berlin, Germany Never write off Berlin. This is a city has been through a lot and it knows how to stay true to itself.
Germany’s shrinking economy to boost populist AfD further, say experts
Germany's already bleak economy looks set to contract further through 2024, economists have told Brussels Signal.
World trade hammered by Red Sea shipping attacks, says Germany’s IfW Kiel
Global trade declined by 1.
German house-building industry faces ‘bleak’ 2024
This year looks set to be “exceptionally weak” for residential construction in Germany, according to the Institute for Economic Research (ifo).
German Industry chief says AfD ‘is harmful to the future of our country’
The president of the Federation of German Industries says AfD is bad for business.
Eurozone most likely now in recession, data indicates
The Eurozone is now almost certainly in recession, data gathered by capital market group S&P Global appears to show.
Budget crisis ‘pushing German Government to edge of collapse’
Germany's Government risks collapse amid a budget crisis that has put coalition partners sharply at odds, according to political experts.
German states may have same ‘torpedoed budgets’ problem as national Government
Germany's federal states might see the Federal Constitutional Court (FCC) blow major holes in their budgets over creative debt constructions, as happened with the…
Tired of rising energy costs, Michelin and Goodyear to pull out of Germany
The "rapid" deterioration of the market outlook in Germany has led to Goodyear shutting two plants, one in Brandenburg and one in Hesse.
Largest solar-cell firm in Germany may decamp to US over energy costs
Meyer Burger Technology, a Swiss firm, said the decision on whether to pull its manufacturing out of Germany or not will be made “within weeks”
Germany to suspend debt brake amid budget crisis
Germany’s traffic-light coalition Government intends to rescue its 2023 budget - by taking on additional debt.
Germany freezes new spending as budget is hamstrung
In the midst of a severe fiscal crisis, the German Government has imposed a moratorium on virtually all new expenditure
Germans face energy-bill spike after subsidy funding ruled illegal
German citizens face a severe spike in their electricity bills this winter after a ruling by the country's Federal Constitutional Court
German government on the ropes after devastating budget ruling
Berlin faces a hole in the budget of up to 60 billion euros and potentially a total stop of the so-called "energiewende", the ongoing transition by Germany to a…
Two in three German companies relocate abroad amid energy chaos
Two out of three German companies have at least partly relocated their operations abroad because of Germany's ongoing energy chaos, says consultancy firm Deloitte.
Berlin’s state-owned companies have investment surge
Berlin's state-owned enterprises witnessed a remarkable resurgence in investment, reaching levels not seen since the post-reunification era.
The fall of the Berlin Wall was a great moment of liberation – but does it also divide Germany’s former good times from the current bad times?
The Berlin Wall was one of the starkest and most tangible emblems of the Cold War divide between East and West.
German labour market shows signs of cracking as economy struggles
German companies are thinking twice about hiring staff amid an increasingly uncertain economic environment, according to a study by the Ifo Institute.
Germany demolishes strict climate rules for housing
In a major concession to its housing industry, the progressive government in Germany has decided to drop tougher "climate efficiency" demands for new homes.
Statue of Merkel on horseback collapses after two years
A statue of former German Chancellor Angela Merkel on horseback has collapsed under its own weight. The 2.70 metre high, 1.
EU predicts German recession as bloc lowers growth estimates
The European Union has openly predicted that Germany's economy will end 2023 in recession, with Eurocrats shrinking growth estimates for the entire bloc on September…
Germany to push reforms aimed at curbing EU bureaucracy
Cabinet officials in Germany want to axe unnecessary EU bureaucracy.
Breton brags about new German chip factory as businesses leave EU in droves
European Union internal market tsar Thierry Breton has lauded the announcement of a new €15 billion microchip factory in Dresden, Germany, as dozens of other companies…
Germany’s industry chiefs sound alarm as economy tanks
Industry executives have warned that Germany has entered a phase of “de-growth” dominated by nosediving industrial production.