Tag #German Economy

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dw.com

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Apr 10, 22:10

Stagnant German Economy Faces Challenges Despite New Government Spending Plans

Germany's economy is stagnating, with minimal growth predicted for 2024 and 2026 due to various factors including US tariffs, high energy costs, declining exports, and an aging population; a new coalition government plans to address this with increased public debt for investments, but experts warn o...

Stagnant German Economy Faces Challenges Despite New Government Spending Plans

Germany's economy is stagnating, with minimal growth predicted for 2024 and 2026 due to various factors including US tariffs, high energy costs, declining exports, and an aging population; a new coalition government plans to address this with increased public debt for investments, but experts warn o...

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Decent Work and Economic Growth

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What are the key factors contributing to the current stagnation of the German economy and what are the immediate implications?

The German economy has stagnated for three years, with minimal growth and declining exports. This is reflected in the Joint Economic Forecast, which predicts only 0.1% GDP growth in 2024 and 1.3% in 2026. US tariffs, though currently paused, pose a significant threat to further growth.

zeit.de

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Apr 9, 22:13

Rewe CEO Predicts Supermarket Transformation Driven by Consumer Impatience and Health Focus

Rewe CEO Lionel Souque forecasts a shift in supermarket shopping, with self-checkout and "Pick & Go" systems gaining importance while traditional checkouts persist. Increased demand for healthy food and home delivery of non-food items will reshape product offerings, as Rewe's 2024 revenue reached €9...

Rewe CEO Predicts Supermarket Transformation Driven by Consumer Impatience and Health Focus

Rewe CEO Lionel Souque forecasts a shift in supermarket shopping, with self-checkout and "Pick & Go" systems gaining importance while traditional checkouts persist. Increased demand for healthy food and home delivery of non-food items will reshape product offerings, as Rewe's 2024 revenue reached €9...

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Responsible Consumption and Production

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How is the changing consumer preference for healthy food and convenience impacting Rewe's product assortment strategy?

This shift reflects broader trends in consumer behavior, indicating a preference for convenience and speed. The rising importance of healthy eating is also reshaping supermarket offerings, with increased focus on fresh produce and alternative products. Conversely, the trend shows customers shifting towards home delivery for items like detergents and beverages.

zeit.de

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Apr 4, 13:18

Germany's Public Finance Deficit Rises to €104.4 Billion in 2024

Germany's public finance deficit rose to €104.4 billion in 2024, up from €91.7 billion in 2023, primarily due to increased social spending and military procurement, impacting municipalities and the federal government despite a reduction in the federal deficit.

Germany's Public Finance Deficit Rises to €104.4 Billion in 2024

Germany's public finance deficit rose to €104.4 billion in 2024, up from €91.7 billion in 2023, primarily due to increased social spending and military procurement, impacting municipalities and the federal government despite a reduction in the federal deficit.

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What were the main factors contributing to the increase in Germany's public finance deficit in 2024?

Germany's public finances recorded a €104.4 billion deficit in 2024, exceeding the €91.7 billion deficit in 2023. This is due to increased social spending and military procurement, impacting municipalities and the federal government.

taz.de

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Apr 4, 22:13

Proposed German Holiday Cut to Boost Economy: A Counterargument

A proposal to eliminate a German public holiday, preferably in summer, to generate €8.6 billion and offset demographic challenges, is opposed by the author who argues more holidays would boost productivity and consumption.

Proposed German Holiday Cut to Boost Economy: A Counterargument

A proposal to eliminate a German public holiday, preferably in summer, to generate €8.6 billion and offset demographic challenges, is opposed by the author who argues more holidays would boost productivity and consumption.

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What are the immediate economic and social consequences of potentially eliminating a public holiday in Germany, and how significant is the projected revenue increase in the context of the country's demographic challenges?

Humankapital", a term used by Wirtschaftswoche to describe low-wage workers, faces a potential loss of a summer holiday. This proposal, from economic experts and supported by the Institut der deutschen Wirtschaft (IW), aims to generate an additional €8.6 billion in revenue and offset the effects of an aging workforce.

taz.de

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Apr 3, 22:15

German Coalition Talks Stalled by Financing Dispute

Coalition talks between Germany's SPD and CDU/CSU are deadlocked due to disagreements over financing election promises, creating a projected double-digit billion-euro deficit and delaying government formation, potentially impacting economic stability and social welfare programs.

German Coalition Talks Stalled by Financing Dispute

Coalition talks between Germany's SPD and CDU/CSU are deadlocked due to disagreements over financing election promises, creating a projected double-digit billion-euro deficit and delaying government formation, potentially impacting economic stability and social welfare programs.

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What are the long-term implications of the current impasse on German economic stability and social welfare programs?

The failure to form a German government before Easter, as promised by Friedrich Merz, underscores the deep-seated divisions between the SPD and CDU/CSU. The inability to resolve the financial issues within the coalition negotiations suggests an ongoing struggle to balance fiscal responsibility with social welfare spending and potentially a weakening of the political consensus within Germany. The high dependence of Eastern German pensioners on state pensions, at 97%, adds pressure for a solution.

welt.de

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Apr 3, 16:15

Thuringia to Incur €313 Million in New Debt for Budget

Thuringia will borrow up to €313 million to fund its budget, marking its first new debt since the COVID-19 pandemic, due to a recalculation of the debt brake, enabling loans to offset economic downturns. The move is supported by the state government for investments in municipalities, schools, and in...

Thuringia to Incur €313 Million in New Debt for Budget

Thuringia will borrow up to €313 million to fund its budget, marking its first new debt since the COVID-19 pandemic, due to a recalculation of the debt brake, enabling loans to offset economic downturns. The move is supported by the state government for investments in municipalities, schools, and in...

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Quality Education

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How does Thuringia's approach to debt compare to other German states, and what are the underlying economic factors driving this decision?

The decision to incur debt reflects a broader trend among German states and the federal government to utilize loans for infrastructure projects and economic stimulus. Thuringia's move is justified by the need to address economic shortfalls while simultaneously investing in crucial sectors, though it faces opposition from the AfD.

zeit.de

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Apr 10, 13:20

German Inflation Exacerbates Wealth Inequality

A German Bundesbank study reveals that while average household wealth nominally increased by 2.6 percent to €324,800 between 2021 and 2023, the bottom half experienced a real decrease of over 20 percent due to inflation from the war in Ukraine, exposing significant wealth inequality.

German Inflation Exacerbates Wealth Inequality

A German Bundesbank study reveals that while average household wealth nominally increased by 2.6 percent to €324,800 between 2021 and 2023, the bottom half experienced a real decrease of over 20 percent due to inflation from the war in Ukraine, exposing significant wealth inequality.

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What is the specific impact of inflation on German households, and how does this vary across different wealth levels?

The inflation stemming from the war in Ukraine disproportionately impacted lower-income households in Germany. Between 2021 and 2023, the net assets of the lower half of the population decreased by over 20 percent after adjusting for inflation. This contrasts with a nominal increase of 2.6 percent in average household wealth to €324,800, but this average is skewed by high net worth individuals.

welt.de

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Apr 8, 10:12

US Tariffs Threaten 15% Drop in German Exports to US

US President Trump's new tariffs on imports from all trading partners, including a 10 percent levy on all goods entering the US, threaten a 15 percent decrease in German exports to the USA, according to the German Finance Minister and the ifo Institute, increasing the risk of recession for both coun...

US Tariffs Threaten 15% Drop in German Exports to US

US President Trump's new tariffs on imports from all trading partners, including a 10 percent levy on all goods entering the US, threaten a 15 percent decrease in German exports to the USA, according to the German Finance Minister and the ifo Institute, increasing the risk of recession for both coun...

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What are the immediate economic consequences for Germany due to the new US tariffs?

The imposition of US tariffs on imports threatens significant export losses for the German economy, potentially leading to a 15 percent decline in exports to the US and increased recession risk, according to German Finance Minister Jörg Kukies and the ifo Institute.

zeit.de

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Apr 4, 07:15

German DAX Companies Pay Near-Record Dividends Despite Profit Decline

DAX companies announced nearly record-high dividends totaling €54 billion for 2024, a slight decrease from the previous year despite a 20% profit decline, with 14 companies setting new records, while the auto sector experienced significant cuts.

German DAX Companies Pay Near-Record Dividends Despite Profit Decline

DAX companies announced nearly record-high dividends totaling €54 billion for 2024, a slight decrease from the previous year despite a 20% profit decline, with 14 companies setting new records, while the auto sector experienced significant cuts.

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Reduced Inequality

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How do the dividend payouts of German DAX companies reflect the current state of the German and global economies?

Despite Germany's economic struggles, DAX companies, generating 80 percent of their revenue internationally, maintained or increased dividends in many cases, demonstrating their strength in global markets and their commitment to shareholder returns. The high payout ratio of 56 percent of profits shows confidence in future prospects.

dw.com

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Apr 3, 16:15

Trump's Tariffs Threaten German Economy

Germany's export industry faces a potential economic downturn due to Trump's global tariff increases, with projected losses of billion Euros and 150,000 jobs; the EU is urged to implement countermeasures and seek new trade agreements.

Trump's Tariffs Threaten German Economy

Germany's export industry faces a potential economic downturn due to Trump's global tariff increases, with projected losses of billion Euros and 150,000 jobs; the EU is urged to implement countermeasures and seek new trade agreements.

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What are the immediate economic consequences for Germany and the EU resulting from Trump's global tariff increases?

Germany's export-oriented industries view Trump's global tariff offensive as the start of a trade war, urging a unified EU response and new free trade agreements. The BGA warns of severe consequences for global trade and advocates for a strong EU counter-response.

dw.com

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Apr 3, 22:15

Post-Election Shift in German Politics: CDU/CSU Plummets, AfD Soars

Post-election polls reveal a dramatic shift in German public opinion: CDU/CSU support plummeted to 26%, while AfD support hit a record 24%, prompting delays in coalition negotiations and concerns about economic impacts of US tariffs.

Post-Election Shift in German Politics: CDU/CSU Plummets, AfD Soars

Post-election polls reveal a dramatic shift in German public opinion: CDU/CSU support plummeted to 26%, while AfD support hit a record 24%, prompting delays in coalition negotiations and concerns about economic impacts of US tariffs.

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How does public opinion on the government's debt policy and proposed spending priorities influence the ongoing coalition negotiations?

The decline in CDU/CSU support is linked to public disapproval of their handling of the debt package for defense and infrastructure spending, a departure from their pre-election stance. The AfD's rise reflects broader concerns, potentially including economic anxieties and dissatisfaction with mainstream parties' handling of issues like immigration.

dw.com

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Apr 1, 07:18

Hannover Messe 2025: Boosting Confidence Amidst Economic Slowdown

Hannover Messe 2025, held in Hannover, Germany, from [Start Date] to [End Date], featured over 4,000 exhibitors showcasing innovations in robotics, engineering, and energy, with Canada as the partner country, aiming to boost investor confidence and promote technological leadership amidst economic ch...

Hannover Messe 2025: Boosting Confidence Amidst Economic Slowdown

Hannover Messe 2025, held in Hannover, Germany, from [Start Date] to [End Date], featured over 4,000 exhibitors showcasing innovations in robotics, engineering, and energy, with Canada as the partner country, aiming to boost investor confidence and promote technological leadership amidst economic ch...

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Industry, Innovation, and Infrastructure

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What is the primary goal of Hannover Messe 2025, and what immediate impacts are anticipated?

Hannover Messe, Germany's largest industrial trade fair, showcased innovations from over 4,000 exhibitors, expecting visitors from 150 countries. Amidst economic slowdown, the fair aims to boost investor confidence and optimism, facilitating dialogue between politicians and businesses on supportive frameworks for success.

Showing 13 to 24 of 368 results