Tag #German Economy

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welt.de

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Jul 29, 10:15

EU-US Trade Deal Criticized: Germany Faces Economic Burden

The EU and US reached a trade agreement, but Germany's BDI criticizes it for imposing significant financial burdens on German and European export-oriented businesses, particularly impacting the automotive sector, despite preventing further escalation of trade tensions.

EU-US Trade Deal Criticized: Germany Faces Economic Burden

The EU and US reached a trade agreement, but Germany's BDI criticizes it for imposing significant financial burdens on German and European export-oriented businesses, particularly impacting the automotive sector, despite preventing further escalation of trade tensions.

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How does the EU-US trade deal affect the automotive industry, considering previous tariff levels and its long-term implications?

The agreement involves a 15% US tariff on most EU goods, slightly lower than previously imposed tariffs, particularly on cars. This deal, while preventing further escalation of trade tensions, is viewed negatively by German industry leaders due to anticipated economic burdens.

welt.de

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Jul 28, 13:17

Söder Calls for German Export Relief After EU-US Tariff Deal

Following a 15% tariff agreement between the EU and the US on most imports, CSU leader Markus Söder is advocating for German export relief through measures such as an industrial electricity price and reduced EU bureaucracy, warning against new EU industrial taxes.

Söder Calls for German Export Relief After EU-US Tariff Deal

Following a 15% tariff agreement between the EU and the US on most imports, CSU leader Markus Söder is advocating for German export relief through measures such as an industrial electricity price and reduced EU bureaucracy, warning against new EU industrial taxes.

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What immediate actions are being proposed to mitigate the economic impact of the new EU-US trade deal on German exports?

Following a recent EU-US trade deal, CSU leader Markus Söder is calling for German export relief. He stressed the need for measures like an industrial electricity price to offset increased tariffs and urged against new EU industrial taxes, advocating for reduced bureaucracy instead.

dw.com

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Jul 28, 10:12

US-EU Trade Deal Averts Higher Tariffs, but German Industry Raises Concerns

A new US-EU trade agreement, announced in Scotland, sets a 15% tariff on EU goods, averting a threatened 30% tariff; the deal includes exemptions for certain products and involves significant EU energy purchases and investments, though German industry expresses concerns.

US-EU Trade Deal Averts Higher Tariffs, but German Industry Raises Concerns

A new US-EU trade agreement, announced in Scotland, sets a 15% tariff on EU goods, averting a threatened 30% tariff; the deal includes exemptions for certain products and involves significant EU energy purchases and investments, though German industry expresses concerns.

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How do the reactions of the German government and German industry to this trade agreement differ, and what are the reasons for these differing perspectives?

The agreement includes tariff exemptions for aircraft, certain chemicals, and agricultural products. The US claims the EU agreed to purchase \$750 billion in energy and make \$600 billion in investments. This follows existing tariffs of 25% on EU cars, 50% on steel and aluminum, and 10% on other goods.

welt.de

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Jul 26, 13:12

High Costs Threaten Future of German Fruit Farming

Northern German farmers are successfully growing apricots, watermelons, and figs, but high labor costs and competition from cheaper imports create economic challenges, impacting local farm numbers and consumer prices.

High Costs Threaten Future of German Fruit Farming

Northern German farmers are successfully growing apricots, watermelons, and figs, but high labor costs and competition from cheaper imports create economic challenges, impacting local farm numbers and consumer prices.

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What are the main economic challenges facing fruit farmers in Northern Germany, and how does this impact consumers?

Apricots are now being grown in Northern Germany, utilizing protected foil tunnels and insect netting to reduce pesticide use. However, this method makes them significantly more expensive than imports, costing up to €3 more per kilogram compared to Spanish or Turkish apricots.

zeit.de

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Jul 24, 07:15

Thuringia Sees Six-Fold Surge in Business Investment Applications

Thuringian businesses applied for nearly €200 million in government grants for investments in the first half of 2025—a six-fold increase compared to the same period in 2024, signaling renewed confidence and a potential economic recovery.

Thuringia Sees Six-Fold Surge in Business Investment Applications

Thuringian businesses applied for nearly €200 million in government grants for investments in the first half of 2025—a six-fold increase compared to the same period in 2024, signaling renewed confidence and a potential economic recovery.

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How do the recent investment applications relate to previously reported concerns about investment uncertainty?

This increase in investment applications follows months of reported uncertainty and obstacles for businesses. The significant jump in funding requests, coupled with a recent federal investment initiative, suggests a shift in business confidence and a potential economic recovery for Thuringia. The state government is actively working to further stimulate growth through measures such as bureaucratic simplification and infrastructure modernization.

zeit.de

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Jul 24, 07:15

German Crafts President Warns of Social Security System Collapse

German Handwerkspräsident Jörg Dittrich warns of the imminent collapse of the German social security system due to insufficient reforms and rising social contributions, urging immediate action, including a review of early retirement options and the Bürgergeld system.

German Crafts President Warns of Social Security System Collapse

German Handwerkspräsident Jörg Dittrich warns of the imminent collapse of the German social security system due to insufficient reforms and rising social contributions, urging immediate action, including a review of early retirement options and the Bürgergeld system.

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Reduced Inequality

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What are the most significant challenges facing Germany's social security system, and what immediate actions are necessary to prevent a crisis?

German Handwerkspräsident Jörg Dittrich warns of impending collapse of social security systems due to insufficient reforms and rising social contributions, urging immediate action to avoid a crisis. He specifically criticizes the lack of concrete reform plans within the coalition agreement and the insufficient response to rising energy costs.

welt.de

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Jul 28, 10:12

EU-US Trade Deal: German Industry Voices Concerns Over Tariffs

The EU and US reached a trade agreement involving 15% tariffs, prompting criticism from German industry leaders who fear negative impacts on exports and competitiveness, while acknowledging the avoidance of further escalation.

EU-US Trade Deal: German Industry Voices Concerns Over Tariffs

The EU and US reached a trade agreement involving 15% tariffs, prompting criticism from German industry leaders who fear negative impacts on exports and competitiveness, while acknowledging the avoidance of further escalation.

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What are the immediate economic consequences for Germany resulting from the EU-US trade agreement, considering the imposed tariffs?

The EU-US trade agreement has been met with criticism from German industry leaders, who cite the 15% tariff as a significant negative impact on the export-oriented German industry, despite averting further escalation. The deal is considered a painful compromise, threatening the competitiveness of European exports and potentially impacting growth, prosperity, and jobs.

zeit.de

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Jul 28, 01:11

EU-US Trade Deal Averts Larger Conflict, but Concerns Remain for German Economy

The EU and US reached a trade agreement, reducing tariffs on most imports to 15 percent, averting a larger trade war but still causing concern for German businesses due to the remaining tariffs and the lack of an agreement on steel and aluminum.

EU-US Trade Deal Averts Larger Conflict, but Concerns Remain for German Economy

The EU and US reached a trade agreement, reducing tariffs on most imports to 15 percent, averting a larger trade war but still causing concern for German businesses due to the remaining tariffs and the lack of an agreement on steel and aluminum.

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What are the immediate economic consequences of the EU-US trade agreement for Germany?

A deal has been reached between the EU and the US, averting a trade conflict that would have severely impacted the German export-oriented economy, particularly the automotive industry. The agreement reduces tariffs on cars from 27.5 percent to 15 percent.

zeit.de

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Jul 27, 07:11

Automated Supermarkets in Schleswig-Holstein: Labor, Access, and Legislation

Approximately 20 automated supermarkets in Schleswig-Holstein, Germany, are operating without staff, prompting debate on labor laws and rural access; the state government is drafting legislation to regulate Sunday and holiday openings, with a proposed limit of 150 square meters in towns under 1500 i...

Automated Supermarkets in Schleswig-Holstein: Labor, Access, and Legislation

Approximately 20 automated supermarkets in Schleswig-Holstein, Germany, are operating without staff, prompting debate on labor laws and rural access; the state government is drafting legislation to regulate Sunday and holiday openings, with a proposed limit of 150 square meters in towns under 1500 i...

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What are the immediate impacts of the increase in automated, staff-free supermarkets in Schleswig-Holstein, and how do they affect rural communities and the retail labor market?

In Schleswig-Holstein, Germany, approximately 20 automated supermarkets are operating without staff, prompting a debate on labor laws and rural accessibility. These stores, using self-checkout systems and video surveillance, are welcomed by the Handelsverband Nord for addressing labor shortages and improving rural access to groceries. The Schleswig-Holstein state government is drafting legislation to regulate their Sunday and holiday openings.", A2="The rise of automated supermarkets in Schleswig-Holstein reflects a broader trend in Germany of addressing labor shortages in the retail sector, projected to reach 40,000 unfilled positions by 2030. The state government's proposed legislation aims to balance the benefits of increased rural access to goods with concerns over worker protection and Sunday trading laws, revealing a conflict between economic needs and social considerations. The debate highlights the evolving relationship between technology, employment, and traditional retail practices.", A3="The success of automated supermarkets in Schleswig-Holstein hinges on the upcoming state legislation, which will determine the extent of Sunday and holiday openings. Restrictions on store size and location in the proposed legislation (up to 150 square meters in towns under 1500 inhabitants) will limit the model's expansion. The FDP's counter-proposal to allow all automated stores to open on Sundays and holidays irrespective of size shows a disagreement on the balance between business and regulations.", Q1="What are the immediate impacts of the increase in automated, staff-free supermarkets in Schleswig-Holstein, and how do they affect rural communities and the retail labor market?", Q2="How does the debate surrounding Sunday and holiday openings for automated supermarkets reflect broader tensions between economic needs, labor protections, and traditional social norms in Germany?", Q3="What are the potential long-term consequences of the legislative decisions regarding automated supermarkets in Schleswig-Holstein, and how might these decisions influence future retail trends in Germany and beyond?", ShortDescription="Approximately 20 automated supermarkets in Schleswig-Holstein, Germany, are operating without staff, prompting debate on labor laws and rural access; the state government is drafting legislation to regulate Sunday and holiday openings, with a proposed limit of 150 square meters in towns under 1500 inhabitants, while the FDP proposes unrestricted openings for staff-free stores.", ShortTitle="Automated Supermarkets in Schleswig-Holstein: Labor, Access, and Legislation"))

faz.net

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Jul 25, 22:12

German Minister Urges Longer Working Hours Amidst Pension Reform Shortfalls

German Economy Minister Katherina Reiche urges Germans to work longer to address insufficient pension reforms, citing the need for more dialogue and compromise in increasingly polarized political debates.

German Minister Urges Longer Working Hours Amidst Pension Reform Shortfalls

German Economy Minister Katherina Reiche urges Germans to work longer to address insufficient pension reforms, citing the need for more dialogue and compromise in increasingly polarized political debates.

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What are the potential long-term societal and economic consequences of extending working lives in Germany, and how can these potential negative impacts be mitigated?

The long-term impact of Reiche's proposal could involve significant societal adjustments, potentially affecting retirement planning, work-life balance, and intergenerational equity. The success hinges on achieving a broad societal consensus and addressing concerns about fairness and potential negative consequences for specific demographic groups.

zeit.de

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Jul 24, 07:15

Germany's Delayed Infrastructure Fund Implementation Criticized

Rhineland-Palatinate's Minister of Economic Affairs, Daniela Schmitt, criticizes Germany's federal government for the slow implementation of a multi-billion-euro special fund for infrastructure, highlighting a lack of structural reforms and the exclusion of SMEs, causing frustration among businesses...

Germany's Delayed Infrastructure Fund Implementation Criticized

Rhineland-Palatinate's Minister of Economic Affairs, Daniela Schmitt, criticizes Germany's federal government for the slow implementation of a multi-billion-euro special fund for infrastructure, highlighting a lack of structural reforms and the exclusion of SMEs, causing frustration among businesses...

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How do the concerns raised by Minister Schmitt reflect broader issues of policy effectiveness and business-government collaboration in Germany?

Schmitt's criticism highlights a disconnect between the federal government's financial pledges and the practical implementation needed to utilize these funds effectively. The recent economic summit, while promising large-scale investments, lacked concrete details and failed to address the concerns of small and medium-sized enterprises (SMEs). This points to a broader issue of policy alignment with the realities faced by businesses.

welt.de

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Jul 24, 07:15

German Minister Criticizes Federal Government's Handling of Infrastructure Fund

Rhineland-Palatinate's Economic Minister Daniela Schmitt criticizes Germany's federal government for its unclear plans to use a multi-billion euro special fund, citing a lack of structural reforms alongside insufficient consultation of SMEs, exemplified by a recent tender suspension by the federal h...

German Minister Criticizes Federal Government's Handling of Infrastructure Fund

Rhineland-Palatinate's Economic Minister Daniela Schmitt criticizes Germany's federal government for its unclear plans to use a multi-billion euro special fund, citing a lack of structural reforms alongside insufficient consultation of SMEs, exemplified by a recent tender suspension by the federal h...

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How do the announced investments of major corporations compare to the needs and concerns of small and medium-sized enterprises (SMEs) regarding the special fund and its implementation?

Schmitt highlights the need for labor market reforms, flexible working hours, and skilled worker recruitment measures to effectively utilize the special fund. She contrasts the announced investments of major corporations (at least €631 billion by 2028) with a lack of inclusion for small and medium-sized enterprises (SMEs) and the recent, seemingly contradictory, suspension of tenders by the federal highway company. This demonstrates a disconnect between federal policy and business realities.

Showing 13 to 24 of 520 results