Scholz Announces Measures to Combat German Steel Crisis
Facing an industrial crisis marked by job cuts in the steel and auto sectors, German Chancellor Olaf Scholz announced plans to extend unemployment benefits, cap energy costs, and seek EU protection against cheap foreign steel, while the opposition calls these measures insufficient and merely a show.
Scholz Announces Measures to Combat German Steel Crisis
Facing an industrial crisis marked by job cuts in the steel and auto sectors, German Chancellor Olaf Scholz announced plans to extend unemployment benefits, cap energy costs, and seek EU protection against cheap foreign steel, while the opposition calls these measures insufficient and merely a show.
Progress
44% Bias Score
Bavaria Increases BayernLB Stake to Meet EU Banking Rules
To meet European banking regulations, Bavaria will raise its stake in BayernLB from 75% to over 80%, converting a €1.7 billion silent contribution into core capital, a move that avoids further capital injections unlike in Hessen.
Bavaria Increases BayernLB Stake to Meet EU Banking Rules
To meet European banking regulations, Bavaria will raise its stake in BayernLB from 75% to over 80%, converting a €1.7 billion silent contribution into core capital, a move that avoids further capital injections unlike in Hessen.
Progress
40% Bias Score
German SME Outlook: Pessimism Rises Amidst Labor and Bureaucracy Challenges
A survey of over 1000 German SMEs from September 11th to October 10th, 2024, reveals that 27% anticipate worsening business conditions, primarily due to underutilized production capacity, bureaucratic burdens, and a skilled labor shortage, while 72% plan to allow employees to work beyond retirement ...
German SME Outlook: Pessimism Rises Amidst Labor and Bureaucracy Challenges
A survey of over 1000 German SMEs from September 11th to October 10th, 2024, reveals that 27% anticipate worsening business conditions, primarily due to underutilized production capacity, bureaucratic burdens, and a skilled labor shortage, while 72% plan to allow employees to work beyond retirement ...
Progress
52% Bias Score
"Bavarian Business Satisfaction Declines Despite Slight 2024 Improvement"
"A survey of 700 Bavarian companies reveals declining satisfaction with the state's business environment since 2013, despite a slight improvement in 2024, with bureaucratic hurdles, high energy costs, and labor shortages cited as major concerns, though 92% would still locate in Bavaria."
"Bavarian Business Satisfaction Declines Despite Slight 2024 Improvement"
"A survey of 700 Bavarian companies reveals declining satisfaction with the state's business environment since 2013, despite a slight improvement in 2024, with bureaucratic hurdles, high energy costs, and labor shortages cited as major concerns, though 92% would still locate in Bavaria."
Progress
36% Bias Score
German Housing Construction Crisis Deepens Amidst Weaker Industrial Orders
The Ifo Institute reported a 54% increase in housing construction order shortages in November, exacerbating a chronic crisis. German industrial orders also fell by 1.5% in October, despite a revised 7.2% increase in September due to large orders; experts predict a 0.1–0.2% GDP contraction in 2024.
German Housing Construction Crisis Deepens Amidst Weaker Industrial Orders
The Ifo Institute reported a 54% increase in housing construction order shortages in November, exacerbating a chronic crisis. German industrial orders also fell by 1.5% in October, despite a revised 7.2% increase in September due to large orders; experts predict a 0.1–0.2% GDP contraction in 2024.
Progress
40% Bias Score
German Economy Faces Deepening Crisis Amidst Mass Job Cuts
Major German companies, including Ford and Volkswagen, are announcing thousands of job cuts, exacerbating a weakening economy and prompting calls for systemic reforms to boost investment and address structural issues.
German Economy Faces Deepening Crisis Amidst Mass Job Cuts
Major German companies, including Ford and Volkswagen, are announcing thousands of job cuts, exacerbating a weakening economy and prompting calls for systemic reforms to boost investment and address structural issues.
Progress
52% Bias Score
Fuest Calls for Radical Shift in German Economic Policy
Ifo President Clemens Fuest calls for a German economic policy shift, prioritizing investments in defense, education, climate protection, and infrastructure while reducing social transfers and subsidies; he suggests longer working hours, increased immigration, market-based climate solutions, and nuc...
Fuest Calls for Radical Shift in German Economic Policy
Ifo President Clemens Fuest calls for a German economic policy shift, prioritizing investments in defense, education, climate protection, and infrastructure while reducing social transfers and subsidies; he suggests longer working hours, increased immigration, market-based climate solutions, and nuc...
Progress
36% Bias Score
Continental to Spin Off Automotive Division by 2025
Continental, a Dax-listed company, will spin off its loss-making automotive division, employing almost 96,400 people, by the end of 2025, focusing on its profitable tire business to improve investor appeal, following years of financial losses and a current cost-cutting program eliminating 7,150 jobs...
Continental to Spin Off Automotive Division by 2025
Continental, a Dax-listed company, will spin off its loss-making automotive division, employing almost 96,400 people, by the end of 2025, focusing on its profitable tire business to improve investor appeal, following years of financial losses and a current cost-cutting program eliminating 7,150 jobs...
Progress
44% Bias Score
German Pessimism Mounts Amidst Industrial Downturn
A YouGov survey reveals that 75% of Germans view the country's economic situation as bad or very bad, fueled by job cuts and plant closures in the industrial sector; pessimism is highest among potential AfD and BSW voters, while Green voters are the least pessimistic.
German Pessimism Mounts Amidst Industrial Downturn
A YouGov survey reveals that 75% of Germans view the country's economic situation as bad or very bad, fueled by job cuts and plant closures in the industrial sector; pessimism is highest among potential AfD and BSW voters, while Green voters are the least pessimistic.
Progress
56% Bias Score
German Economic Stagnation Fuels Public Anxiety, Impacts Election Outlook
A December 2023 Deutschlandtrend poll reveals that the German economy's stagnation is the top concern for 45% of respondents, significantly up from September 2021, affecting various political standings.
German Economic Stagnation Fuels Public Anxiety, Impacts Election Outlook
A December 2023 Deutschlandtrend poll reveals that the German economy's stagnation is the top concern for 45% of respondents, significantly up from September 2021, affecting various political standings.
Progress
44% Bias Score
Thyssenkrupp CFO Departs Amidst Restructuring, Deutsche Börse Announces Leadership Changes
Klaus Schulte, Thyssenkrupp's CFO, will join Deutsche Börse's executive board on January 1, 2025, while Thyssenkrupp faces further leadership departures amid a planned reduction of 11,000 jobs in its steel division by 2030, and Deutsche Börse appoints Christian Kromann and Clara-Christina Streit to ...
Thyssenkrupp CFO Departs Amidst Restructuring, Deutsche Börse Announces Leadership Changes
Klaus Schulte, Thyssenkrupp's CFO, will join Deutsche Börse's executive board on January 1, 2025, while Thyssenkrupp faces further leadership departures amid a planned reduction of 11,000 jobs in its steel division by 2030, and Deutsche Börse appoints Christian Kromann and Clara-Christina Streit to ...
Progress
8% Bias Score
Deutschland investiert zu wenig, obwohl die Ausgaben steigen
Eine IW-Studie zeigt, dass Deutschlands Bund trotz massiver Ausgabensteigerungen für Zukunftstechnologien wie Digitalisierung und Klimaschutz nur 2,7% der gesamtwirtschaftlichen Leistung in öffentliche Investitionen steckt, verglichen mit 3,6% im EU-Durchschnitt, da ein Großteil der Mittel nicht abg...
Deutschland investiert zu wenig, obwohl die Ausgaben steigen
Eine IW-Studie zeigt, dass Deutschlands Bund trotz massiver Ausgabensteigerungen für Zukunftstechnologien wie Digitalisierung und Klimaschutz nur 2,7% der gesamtwirtschaftlichen Leistung in öffentliche Investitionen steckt, verglichen mit 3,6% im EU-Durchschnitt, da ein Großteil der Mittel nicht abg...
Progress
48% Bias Score