Tag #German Economy

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welt.de

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Apr 29, 10:18

Germany's New Economics Minister Faces Stagnant Economy, Policy Conflicts

Germany's new Minister of Economics, Katherina Reiche, faces the challenge of reviving the stagnant economy, marked by high energy costs and bureaucracy, while navigating inter-ministerial conflicts over policy implementation and the energy transition.

Germany's New Economics Minister Faces Stagnant Economy, Policy Conflicts

Germany's new Minister of Economics, Katherina Reiche, faces the challenge of reviving the stagnant economy, marked by high energy costs and bureaucracy, while navigating inter-ministerial conflicts over policy implementation and the energy transition.

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Decent Work and Economic Growth

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What immediate economic challenges does Germany face, and what specific actions are expected from the new Minister of Economics, Katherina Reiche?

Germany's economy faces its third consecutive year without growth in 2025, leading to concerns of a structural crisis. High energy prices, taxes, bureaucracy, labor shortages, and lengthy planning processes are cited as major challenges. The new coalition government, including the newly appointed Minister of Economics Katherina Reiche, is under pressure to stimulate economic growth.

zeit.de

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Apr 28, 07:18

German Economists Urge Pension and Tax Reforms

DIW President Marcel Fratzscher and leading economist Monika Schnitzer urged Germany's new government to implement pension and tax reforms to ease the burden on younger generations, boost the economy, and address long-term challenges like demographic change and international competition.

German Economists Urge Pension and Tax Reforms

DIW President Marcel Fratzscher and leading economist Monika Schnitzer urged Germany's new government to implement pension and tax reforms to ease the burden on younger generations, boost the economy, and address long-term challenges like demographic change and international competition.

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Reduced Inequality

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What immediate economic actions do leading German economists recommend for the new government, and what are their potential short-term impacts?

DIW President Marcel Fratzscher and leading economist Monika Schnitzer urged Germany's incoming government for crucial reforms. Fratzscher advocated for pension and tax reforms to alleviate the burden on younger generations and boost the economy by easing tax burdens on businesses and individuals with low to middle incomes. Schnitzer emphasized structural pension reforms, measures to adapt workers to structural changes, and attracting skilled workers from other countries.

welt.de

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Apr 26, 07:14

Rheinland-Pfalz Businesses and Unions Demand Action Against US Tariffs

Businesses and unions in Rheinland-Pfalz are urging the government to take action against US tariffs impacting export-oriented sectors, calling for policies to shift focus to domestic demand and prevent job losses, particularly in the pharmaceutical, chemical, automotive, and food industries.

Rheinland-Pfalz Businesses and Unions Demand Action Against US Tariffs

Businesses and unions in Rheinland-Pfalz are urging the government to take action against US tariffs impacting export-oriented sectors, calling for policies to shift focus to domestic demand and prevent job losses, particularly in the pharmaceutical, chemical, automotive, and food industries.

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How are the US tariffs impacting specific sectors in Rheinland-Pfalz, and what broader economic policies are being advocated to address this?

The economic consequences of the US tariffs are causing a decline in export demand, prompting calls for a shift towards domestic demand-driven economic policies in Rheinland-Pfalz. This includes advocating for government support to help businesses navigate the crisis and maintain employment.

elpais.com

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Apr 24, 19:17

Germany's Stagnant Economy: 0% Growth Forecast for 2024

Germany's economy is projected to stagnate in 2024 after two years of recession, due to US trade policies and a lack of a functioning government; however, a new coalition government's economic stimulus plan aims for 1.0% growth in 2025.

Germany's Stagnant Economy: 0% Growth Forecast for 2024

Germany's economy is projected to stagnate in 2024 after two years of recession, due to US trade policies and a lack of a functioning government; however, a new coalition government's economic stimulus plan aims for 1.0% growth in 2025.

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What is the immediate impact of the revised German economic forecast, and what are the primary contributing factors?

Germany's economy will stagnate this year after two years of recession, according to Minister Robert Habeck. The government revised its growth forecast from 0.3% to 0.0%, citing Donald Trump's trade policies and the lack of a functioning government for months as major factors. A €500 billion infrastructure fund, including €100 billion for environmental protection, has been approved.

zeit.de

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Apr 23, 10:10

German Pharma Booms Despite Stagnant Economy, US Tariffs Loom

The German pharmaceutical industry expects a 2.5% revenue increase and 1,100 new jobs in 2024, driven by increased US exports due to preemptive stockpiling ahead of potential US tariffs on medical products, while the overall German economy is projected to stagnate in 2025.

German Pharma Booms Despite Stagnant Economy, US Tariffs Loom

The German pharmaceutical industry expects a 2.5% revenue increase and 1,100 new jobs in 2024, driven by increased US exports due to preemptive stockpiling ahead of potential US tariffs on medical products, while the overall German economy is projected to stagnate in 2025.

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What is the immediate impact of increased US demand for German pharmaceuticals on the German pharmaceutical industry?

The German pharmaceutical industry anticipates a 2.5% revenue increase and 2.9% production growth in 2024, with 1,100 new jobs, contrasting with the stagnant German economy. This growth is driven by increased exports, a stable domestic market, and preemptive stockpiling in the US due to threatened tariffs.", "This positive outlook is fueled by robust European and global demand for German pharmaceuticals and strategic stockpiling by US companies in anticipation of potential tariffs on medical products. US trade data and reports from freight carriers confirm increased pharmaceutical shipments to the US, mitigating potential tariff impacts.", "Despite the positive short-term outlook, potential US tariffs on medical products pose significant long-term challenges for the European pharmaceutical industry, potentially impacting profitability and access to vital inputs. The US remains a crucial export market for German pharmaceutical companies, representing almost 25% of total exports in 2024.

dw.com

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Apr 19, 16:10

Merz Outlines Plan to Strengthen German Economy

Germany's incoming chancellor, Friedrich Merz, plans to boost the country's economy through investments, tax cuts for SMEs, and a reliable energy supply, as part of a €1 trillion stimulus package, aiming to counter economic challenges and the US trade war.

Merz Outlines Plan to Strengthen German Economy

Germany's incoming chancellor, Friedrich Merz, plans to boost the country's economy through investments, tax cuts for SMEs, and a reliable energy supply, as part of a €1 trillion stimulus package, aiming to counter economic challenges and the US trade war.

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How does Merz's economic strategy address the challenges posed by the US trade war and global economic uncertainty?

Merz's economic plan, including a €1 trillion stimulus package for defense, infrastructure, and climate protection, is a response to the challenges facing the German economy—high energy prices, reduced global demand, and competition from China. This plan contrasts with the isolationist approach of the US administration, with Merz expressing hope for a new transatlantic free-trade accord.

elpais.com

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Apr 28, 10:12

Germany abandons 'Swabian housewife' austerity, adopts €1 trillion investment plan

Germany's long-held policy of strict fiscal discipline, symbolized by the 'Swabian housewife,' has ended with the adoption of a €1 trillion investment plan, signaling a shift in priorities toward addressing economic stagnation and geopolitical threats.

Germany abandons 'Swabian housewife' austerity, adopts €1 trillion investment plan

Germany's long-held policy of strict fiscal discipline, symbolized by the 'Swabian housewife,' has ended with the adoption of a €1 trillion investment plan, signaling a shift in priorities toward addressing economic stagnation and geopolitical threats.

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What are the immediate implications of Germany's abandonment of its strict deficit-zero policy?

The frugal 'Swabian housewife,' a symbol of German thrift, is considered 'dead' as Germany abandons its strict deficit-zero policy. A new investment plan of up to €1 trillion signals a shift from prioritizing balanced budgets to addressing economic stagnation and infrastructural needs. This marks a departure from the past, where balanced budgets were viewed as a virtue.

zeit.de

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Apr 26, 07:14

US Tariffs Threaten Rheinland-Pfalz Economy

Businesses and unions in Rheinland-Pfalz, Germany, are demanding government action to counter the negative impacts of US tariffs, which threaten jobs and economic stability, especially in export-oriented sectors such as pharmaceuticals and automotive parts.

US Tariffs Threaten Rheinland-Pfalz Economy

Businesses and unions in Rheinland-Pfalz, Germany, are demanding government action to counter the negative impacts of US tariffs, which threaten jobs and economic stability, especially in export-oriented sectors such as pharmaceuticals and automotive parts.

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What are the immediate economic consequences of the US tariffs on Rheinland-Pfalz?

The US tariffs are harming jobs in Rheinland-Pfalz, Germany, impacting export-dependent industries like pharmaceuticals, machinery, and automotive parts. Businesses and unions are urging the state government to mitigate these effects, focusing on domestic demand and job security.

dw.com

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Apr 25, 13:18

German Window Maker Meeth Declares Bankruptcy Amidst Rising National Insolvencies

Meeth, a 40-year-old German window manufacturer in Wittlich, declared bankruptcy due to a confluence of factors including a faulty computer system and a broader construction industry crisis characterized by increased costs, labor shortages, and reduced building permits, resulting in 90 job losses.

German Window Maker Meeth Declares Bankruptcy Amidst Rising National Insolvencies

Meeth, a 40-year-old German window manufacturer in Wittlich, declared bankruptcy due to a confluence of factors including a faulty computer system and a broader construction industry crisis characterized by increased costs, labor shortages, and reduced building permits, resulting in 90 job losses.

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What are the immediate consequences of Meeth's bankruptcy, and what does it indicate about the German economy?

Meeth, a German window and frame manufacturer, declared bankruptcy after nearly 40 years in business. The company, employing 90, faced multiple challenges including persistent errors in its computer system. Liquidator Alexander Jüchser failed to secure a new investor, resulting in employee layoffs and the company's closure by month's end.

welt.de

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Apr 23, 10:10

German Pharma Growth in 2024: Export Boom, Tariff Threat

Germany's pharmaceutical sector projects 2.5% revenue growth and 1,100 new jobs in 2024, driven by increased US exports due to tariff fears; however, potential US tariffs pose risks to supply chains and profitability.

German Pharma Growth in 2024: Export Boom, Tariff Threat

Germany's pharmaceutical sector projects 2.5% revenue growth and 1,100 new jobs in 2024, driven by increased US exports due to tariff fears; however, potential US tariffs pose risks to supply chains and profitability.

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What is the immediate impact of increased US demand on the German pharmaceutical sector and economy?

The German pharmaceutical industry projects a 2.5% revenue increase and 2.9% production growth in 2024, adding 1,100 jobs. This contrasts with the stagnant German economy and is driven by increased exports, a stable domestic market, and preemptive US stockpiling due to threatened tariffs.

zeit.de

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Apr 21, 07:12

German Workers Express Deep Concerns About Country's Economic Competitiveness

An EY survey of over 2,000 German employees reveals that 56 percent believe Germany's competitiveness has declined in the past five years, citing bureaucracy, high energy costs, and skills shortages as major weaknesses, while younger employees expressed more optimism.

German Workers Express Deep Concerns About Country's Economic Competitiveness

An EY survey of over 2,000 German employees reveals that 56 percent believe Germany's competitiveness has declined in the past five years, citing bureaucracy, high energy costs, and skills shortages as major weaknesses, while younger employees expressed more optimism.

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What are the most significant implications of over half of German employees believing the country's competitiveness has declined in the past five years?

A recent EY survey of over 2,000 German employees reveals that 56 percent believe Germany's competitiveness has worsened over the past five years, while only 12 percent saw improvement. This negative perception significantly impacts the nation's economic outlook.

faz.net

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Apr 19, 22:09

Germany's Infrastructure Funding: Digitalization Lag Hinders Modernization"

Germany's administration is struggling to handle a surge in infrastructure funding due to insufficient digitalization, resulting in slow approval processes and challenges with foreign investment.

Germany's Infrastructure Funding: Digitalization Lag Hinders Modernization"

Germany's administration is struggling to handle a surge in infrastructure funding due to insufficient digitalization, resulting in slow approval processes and challenges with foreign investment.

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Industry, Innovation, and Infrastructure

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What are the most significant immediate consequences of Germany's underpreparedness for increased infrastructure funding?

Germany's administration faces challenges in handling increased infrastructure funding due to insufficient digitalization and complex approval processes. Paper-based applications and German-only language requirements hinder efficiency, especially for foreign companies.

Showing 181 to 192 of 560 results