Tag #German Economy

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
zeit.de
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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
faz.net
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Rhine-Main Region Hosts High-Profile Reception at Davos

Frankfurt Rhein-Main – The Reception 2025", a two-hour reception on January 16th during the World Economic Forum in Davos, Switzerland, aims to attract investment and foster economic growth in the Rhine-Main region by hosting over 100 confirmed high-profile attendees, including German Finance Minist...

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52% Bias Score

Decent Work and Economic Growth
dw.com
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Germany's Economy Contracts for Second Consecutive Year Amidst Multiple Challenges

Germany's GDP contracted by 0.2% in 2023, following a previous decline; economists foresee weak recovery, while various factors—energy crisis, Chinese competition, and political uncertainty—contribute to the economic downturn, impacting consumer spending and industrial production.

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52% Bias Score

Decent Work and Economic Growth
zeit.de
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Germany's Stagnant Economy Faces Uncertainty in 2025

Germany's economy faces a challenging 2025 with projected growth at only 0.4 percent, following two years of recession due to factors including weak domestic and global demand, high energy costs, and high inflation; the upcoming elections and the potential impact of a second Trump presidency add fur...

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48% Bias Score

Decent Work and Economic Growth
sueddeutsche.de
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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
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Mynaric Faces Existential Crisis Amidst Financial Losses and Production Delays

The German laser communication startup Mynaric, listed on Nasdaq, faces an existential crisis due to a €93.5 million net loss in 2023 and delayed product deliveries, prompting consideration of a restructuring under the StaRUG.

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48% Bias Score

Industry, Innovation, and Infrastructure
dw.com
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Germany's GDP Shrinks for Second Consecutive Year

Germany's GDP contracted by 0.2% in 2024, marking the second consecutive year of negative growth, prompting comparisons to the 2002-2003 economic crisis, but with key differences in unemployment and public debt.

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56% Bias Score

Decent Work and Economic Growth
welt.de
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Habeck's Book: A Critique of Populism and a Call for Constructive Politics

Robert Habeck, German Vice-Chancellor and Green Party candidate, published "Den Bach rauf" shortly before the federal election, offering his perspective on political discourse, populism, and the challenges facing Germany. The book focuses on his experiences and beliefs rather than detailed policy pr...

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48% Bias Score

Peace, Justice, and Strong Institutions
faz.net
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German Household Assets Soar Amidst Growing Wealth Inequality

In Q3 2023, German household liquid assets surged by €200 billion to €9.004 trillion, fueled by increased savings (€73 billion) and asset appreciation (€124 billion), but this masks severe wealth inequality, with the top 10% owning over 70% of net assets.

Progress

48% Bias Score

Reduced Inequality
welt.de
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German Economy Contracts for Second Consecutive Year

Germany's economy shrank by 0.2 percent in 2024, following a 0.3 percent decline in 2023, due to weak consumer spending, a struggling construction sector, decreased exports to China, and political uncertainty stemming from recent elections.

Progress

52% Bias Score

Decent Work and Economic Growth