Tag #German Economy

welt.de
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Trump Re-election Spurs Supply Chain Concerns for German Businesses

A Bitkom survey shows that half of German companies expect to change their supply chains due to Trump's reelection, while 95% want reduced US dependence, highlighting economic concerns over potential trade disruptions and political instability.

Progress

52% Bias Score

Industry, Innovation, and Infrastructure
us.cnn.com
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Germany's Economy Contracts for Second Consecutive Year

Germany's economy shrank 0.2% in 2024, marking its first two-year recession since the early 2000s due to high labor costs, weak productivity, reduced Chinese demand, and potential US tariffs, impacting the wider European economy.

Progress

32% Bias Score

Decent Work and Economic Growth
cnnespanol.cnn.com
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Germany's Economy Contracts for Second Year, Raising Eurozone Concerns

Germany's economy shrank 0.2% in 2024, marking its second consecutive year of contraction and raising concerns about the broader European economy, particularly with upcoming elections and challenges such as high labor costs, reduced exports, and competition from China.

Progress

40% Bias Score

Decent Work and Economic Growth
nos.nl
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German Construction Sector Faces 50% Revenue Drop Amidst Economic Crisis

Germany's construction sector faces a 50 percent revenue drop in Mecklenburg-Vorpommern due to economic woes and bureaucratic inefficiencies, delaying infrastructure projects and creating uncertainty for companies like ASA-Bau; the upcoming elections will debate solutions.

Progress

52% Bias Score

Industry, Innovation, and Infrastructure
welt.de
🌐 75% Global Worthiness
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Low Stock Market Participation Persists in Germany Despite Efforts

In 2024, only 17.2% of Germans over 14 held stocks, down from previous years, due to risk aversion, economic uncertainty, and increased savings interest rates; despite this, younger investors (under 40) increased by 150,000.

Progress

44% Bias Score

Reduced Inequality
zeit.de
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CDU's Plan for 2% Annual Economic Growth by 2030

Germany's CDU party proposes a plan to achieve at least 2% annual economic growth by 2030, including a four-year tax reform starting in 2026, labor market adjustments, and lower energy prices, aiming for a 5-cent per kilowatt-hour reduction.

Progress

60% Bias Score

Decent Work and Economic Growth
faz.net
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Germany's Soaring Tax Burden: A 200 Billion Euro Increase and Future Projections

Germany's tax burden has risen significantly, reaching 39.3% of GDP in 2022, driven by factors like inflation, pension tax reforms, and an aging population; this is projected to increase further, reaching potentially 47% by 2029.

Progress

48% Bias Score

Reduced Inequality
it.euronews.com
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German Economy Contracts 0.2% in 2024 Amidst Cyclical and Structural Pressures

Germany's economy contracted by 0.2 percent in 2024, according to Destatis, due to cyclical and structural pressures including high energy costs, increased competition, and high interest rates; manufacturing and construction sectors experienced sharp declines, while the service sector showed growth.

Progress

48% Bias Score

Decent Work and Economic Growth
welt.de
🌐 85% Global Worthiness
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Germany's Economic Stagnation Amidst US Trade Threats

Germany's economy faces a potential crisis due to US trade conflicts and internal structural problems, with slow growth and a high savings rate despite decreased inflation. The 2024 GDP shrank while the rest of the Eurozone grew.

Progress

44% Bias Score

Decent Work and Economic Growth
faz.net
🌐 75% Global Worthiness
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Germany's Stagnant Economy: Exports, Investment, and Uncertainty

Germany's economy stagnated in 2024, with GDP only 0.3 percent higher than pre-pandemic levels due to decreased exports (-0.8 percent), weak consumer spending (0.3 percent increase), and subdued business investment (-6.5 percent) amid high energy prices and global uncertainty.

Progress

48% Bias Score

Decent Work and Economic Growth
dw.com
🌐 85% Global Worthiness
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German Election: Economy and Migration Dominate

Germany's upcoming snap election on February 23rd is dominated by migration and economic concerns, with the Social Democrats (SPD) focusing on increased investment and wages, the Greens on energy costs and electric vehicles, and the conservatives (CDU/CSU) on reducing spending and taxes.

Progress

36% Bias Score

Decent Work and Economic Growth
sueddeutsche.de
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German Insolvencies Surge to 15-Year High

German business insolvencies hit a 15-year high in Q4 2024, with 4215 companies and nearly 38,000 jobs affected, exceeding levels last seen after the 2009 financial crisis due to the lagged effects of low interest rates and pandemic subsidies.

Progress

36% Bias Score

Decent Work and Economic Growth