Tag #German Economy

dw.com
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Germany Faces Deep Economic Crisis and Multiple Security Threats in 2025

Germany's new federal government in 2025 will tackle economic crisis marked by high inflation and job losses at companies like Volkswagen, alongside challenges of illegal immigration, cybersecurity threats (especially from Russia), and strengthening democracy against internal and external threats.

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40% Bias Score

Decent Work and Economic Growth
dw.com
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Record German Employment in 2024 Amidst Economic Downturn

Germany reached record employment in 2024 with 46.1 million employed, exceeding 2023's figures by 72,000 despite an ongoing economic downturn; this increase, fueled by domestic participation and immigration, masks sector-specific job losses and doesn't negate the anticipation of further decline in 2...

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36% Bias Score

Decent Work and Economic Growth
zeit.de
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Rhineland-Palatinate Businesses Consider Relocation Amidst Economic Downturn

Facing a nearly 10 percent drop in industrial production, Rhineland-Palatinate businesses, particularly in machinery and chemicals, are considering relocating due to high energy costs, worker shortages, and bureaucracy, prompting concerns about the state's economic future and the planned climate pro...

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56% Bias Score

Decent Work and Economic Growth
taz.de
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German Household Wealth Rises Amidst Economic Uncertainty and Growing Inequality

German private household wealth grew to €9.3 trillion in 2024, a 6% increase from 2023, driven by a high savings rate (11.8%) reflecting economic uncertainty and concerns about job security; however, wealth remains highly concentrated, with the top 10% holding 56% of the total.

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28% Bias Score

Reduced Inequality
zeit.de
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Mixed Impact of 2025 German Financial Changes

Germany's 2025 financial adjustments include increased tax allowances, child benefits, and minimum wage, but also higher health insurance contributions, energy costs, and reduced asylum seeker allowances, creating varied impacts across income groups.

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44% Bias Score

Reduced Inequality
taz.de
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German Mid-Sized Businesses Anticipate Economic Downturn in 2025

A survey by the German Federation of Medium-Sized Businesses reveals that 80% of mid-sized companies expect a worsening economy in 2025; this comes amidst a backdrop of shrinking GDP, industrial crisis, and rising unemployment, prompting questions about the motives behind such claims.

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56% Bias Score

Decent Work and Economic Growth
dw.com
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German Auto Industry in Deep Recession Amidst E-Mobility Shift

Germany's automotive industry is in a deep recession in 2025, with Volkswagen planning job cuts and other automakers facing similar challenges; this is due to a combination of factors including a slow transition to e-mobility, increased global competition, and inconsistent government policies.

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32% Bias Score

Decent Work and Economic Growth
dw.com
🌐 85% Global Worthiness
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German Auto Industry in Recession Amidst EV Transition and Policy Uncertainty

The German automotive industry is in recession in 2025 due to a combination of factors including the transition to electric vehicles, inconsistent government policies, and increased competition from China, leading to thousands of planned job cuts and uncertainty about the future.

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44% Bias Score

Decent Work and Economic Growth
welt.de
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Record German Employment in 2024 Masks Underlying Economic Weakness

Germany's employment reached a record 46.1 million in 2024 despite economic recession, due to increased immigration and domestic workforce participation; however, job losses in manufacturing and construction offset gains in the service sector, leading to predictions of rising unemployment in 2025.

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44% Bias Score

Decent Work and Economic Growth
sueddeutsche.de
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€200 Million Lilium Rescue Faces Delays, Timeline Uncertain

Mobile Uplift Corporation plans to invest over €200 million in Lilium, with the deal expected to close in Q1 2024, facing potential delays due to required approvals and risks to employee and supplier retention, impacting the Lilium Jet's development timeline.

Progress

40% Bias Score

Decent Work and Economic Growth
zeit.de
🌐 75% Global Worthiness
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German Household Wealth Reaches Record High of €9.3 Trillion

German household wealth hit a record €9.3 trillion in 2024, a 6% rise from 2023, due to high savings (11.5% in 2024) and booming stock markets; further growth is predicted for 2025.

Progress

44% Bias Score

Reduced Inequality
welt.de
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Würth Group Founder Retires, Grandson Takes Helm Amidst Economic Uncertainty

Reinhold Würth, the 89-year-old founder of the Würth Group, is retiring at the end of 2024, handing over leadership to his grandson, Benjamin Würth. The company, facing economic headwinds, achieved over €20 billion in turnover in 2023, but anticipates decreased profits in 2024. Other leadership chan...

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36% Bias Score

Decent Work and Economic Growth