Tag #German Economy

cnbc.com
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Germany Needs Economic Growth, Finance Minister Says

German Finance Minister Jörg Kukies, in a CNBC interview at the Davos World Economic Forum, highlighted the need for economic growth to address Germany's declining GDP in 2023 and 2024, advocating for targeted reforms to the debt brake and stronger trade ties with the U.S. while acknowledging the up...

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36% Bias Score

Decent Work and Economic Growth
welt.de
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Merz Vows Stable Government, Economic Growth Amidst German Election

Following the collapse of Germany's coalition government, a snap federal election is set for late February. Union Chancellor candidate Friedrich Merz pledges a stable government prioritizing economic growth, addressing concerns over job losses in manufacturing and the need to strengthen Germany's in...

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36% Bias Score

Decent Work and Economic Growth
lemonde.fr
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ThyssenKrupp Job Cuts Threaten Ruhr Region's Stability

ThyssenKrupp's planned elimination of 11,000 jobs, including 1,000 in Bochum, threatens the economic stability of the Ruhr region and the Social Democratic Party's base, impacting generations of families who have historically relied on the steel industry.

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52% Bias Score

Decent Work and Economic Growth
gr.euronews.com
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German Economic Sentiment Plunges Amid Recession Fears and US Trade Uncertainty

Germany's ZEW economic sentiment index dropped to 10.3 in January, reflecting concerns about recession, inflation, and US trade policy uncertainty under the new Trump administration, while the Eurozone shows more resilience; upcoming German elections add to political instability.

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40% Bias Score

Decent Work and Economic Growth
taz.de
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German Middle Class Bears Disproportionate Tax Burden Amid Rising Healthcare Costs

Germany's middle class pays over 40% of its income in taxes and social security, more than in any other European country, creating an economic disparity that is projected to worsen due to rising healthcare costs. A proposed solution to tax capital gains faces political opposition.

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52% Bias Score

Reduced Inequality
faz.net
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Commerzbank Considers Thousands of Job Cuts in Upcoming Strategy Update

Commerzbank plans to announce a new cost-cutting strategy on February 13th, potentially including several thousand job cuts, to improve its cost-income ratio and increase profitability amid declining interest rates; the bank's current workforce is reportedly not involved in the planning.

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52% Bias Score

Decent Work and Economic Growth
sueddeutsche.de
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Commerzbank and Unicredit Clash Over Unsolicited Takeover Bid

Unicredit's acquisition of approximately 28 percent of Commerzbank shares, including 9.5 percent direct ownership and 18.5 percent through financial instruments, has sparked a dispute with Commerzbank denying prior merger talks while Unicredit claims numerous meetings took place, and seeks the new G...

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52% Bias Score

Decent Work and Economic Growth
zeit.de
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Merz's Plan for Stable Government and German Economic Revival

Following the collapse of Germany's coalition government, a snap federal election is set for late February. CDU's chancellor candidate Friedrich Merz aims to form a stable government, prioritizing economic growth and industrial competitiveness, contrasting with the previous administration's internal...

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60% Bias Score

Decent Work and Economic Growth
cnbc.com
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DAX Hits Record High Despite Germany's Shrinking GDP

The DAX, Germany's blue-chip stock index, hit a record high on Monday despite Germany's GDP contracting for two consecutive years, a divergence driven by the DAX's strong export orientation and the outsized performance of a few key companies.

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36% Bias Score

Decent Work and Economic Growth
faz.net
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German Retail SMEs Face Severe Sales Crisis

German retail SMEs experienced significant sales drops in November (-1.1%) and December (-0.9%) 2023 compared to previous months, missing the usual Christmas sales boost, unlike the overall retail sector. December 2023 sales were 2.2% lower than in December 2022, following a 4.4% drop in December 20...

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44% Bias Score

Decent Work and Economic Growth
sueddeutsche.de
🌐 85% Global Worthiness
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US Replaces China as Germany's Top Trading Partner Amidst Trade War Concerns

In 2024, US-German trade reached €255 billion, exceeding trade with China by €8 billion, making the US Germany's top trading partner for the first time since 2016; however, this also raises concerns about potential trade conflicts and their impact on the German economy.

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44% Bias Score

Decent Work and Economic Growth
zeit.de
🌐 75% Global Worthiness
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FKB Airport Passenger Numbers Near Two Million, Driven by Ryanair Expansion

Karlsruhe/Baden-Baden Airport (FKB) passenger numbers are approaching two million in 2024, a four percent increase from 2023, driven by Ryanair's expansion and increased flight frequencies from Wizz Air, resulting in 90 percent average flight capacity. The airport expects to remain profitable withou...

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48% Bias Score

Sustainable Cities and Communities