"Germany's Economy Faces Recession Amidst Industrial Crisis and Political Uncertainty"
"Germany's leading economic institutes predict a 0.1-0.2% GDP contraction in 2024, primarily due to industrial weakness caused by rising costs, global competition, and political instability following the November 2023 collapse of the governing coalition; growth in 2025 is projected to be weak at bes...
"Germany's Economy Faces Recession Amidst Industrial Crisis and Political Uncertainty"
"Germany's leading economic institutes predict a 0.1-0.2% GDP contraction in 2024, primarily due to industrial weakness caused by rising costs, global competition, and political instability following the November 2023 collapse of the governing coalition; growth in 2025 is projected to be weak at bes...
Progress
40% Bias Score
IG Metall Demands €600 Billion for German Industry
Germany's IG Metall union is demanding €600 billion in public infrastructure investment, a wealth tax, and industrial aid to secure eight million jobs and modernize the industrial sector, planning a March action day to emphasize its demands.
IG Metall Demands €600 Billion for German Industry
Germany's IG Metall union is demanding €600 billion in public infrastructure investment, a wealth tax, and industrial aid to secure eight million jobs and modernize the industrial sector, planning a March action day to emphasize its demands.
Progress
36% Bias Score
Fuest Calls for Radical Shift in German Economic Policy
Ifo President Clemens Fuest calls for a German economic policy shift, prioritizing investments in defense, education, climate protection, and infrastructure while reducing social transfers and subsidies; he suggests longer working hours, increased immigration, market-based climate solutions, and nuc...
Fuest Calls for Radical Shift in German Economic Policy
Ifo President Clemens Fuest calls for a German economic policy shift, prioritizing investments in defense, education, climate protection, and infrastructure while reducing social transfers and subsidies; he suggests longer working hours, increased immigration, market-based climate solutions, and nuc...
Progress
36% Bias Score
Continental to Spin Off Automotive Division by 2025
Continental, a Dax-listed company, will spin off its loss-making automotive division, employing almost 96,400 people, by the end of 2025, focusing on its profitable tire business to improve investor appeal, following years of financial losses and a current cost-cutting program eliminating 7,150 jobs...
Continental to Spin Off Automotive Division by 2025
Continental, a Dax-listed company, will spin off its loss-making automotive division, employing almost 96,400 people, by the end of 2025, focusing on its profitable tire business to improve investor appeal, following years of financial losses and a current cost-cutting program eliminating 7,150 jobs...
Progress
44% Bias Score
German Pessimism Mounts Amidst Industrial Downturn
A YouGov survey reveals that 75% of Germans view the country's economic situation as bad or very bad, fueled by job cuts and plant closures in the industrial sector; pessimism is highest among potential AfD and BSW voters, while Green voters are the least pessimistic.
German Pessimism Mounts Amidst Industrial Downturn
A YouGov survey reveals that 75% of Germans view the country's economic situation as bad or very bad, fueled by job cuts and plant closures in the industrial sector; pessimism is highest among potential AfD and BSW voters, while Green voters are the least pessimistic.
Progress
56% Bias Score
German Economic Stagnation Fuels Public Anxiety, Impacts Election Outlook
A December 2023 Deutschlandtrend poll reveals that the German economy's stagnation is the top concern for 45% of respondents, significantly up from September 2021, affecting various political standings.
German Economic Stagnation Fuels Public Anxiety, Impacts Election Outlook
A December 2023 Deutschlandtrend poll reveals that the German economy's stagnation is the top concern for 45% of respondents, significantly up from September 2021, affecting various political standings.
Progress
44% Bias Score
Fuest Demands Economic Policy Shift in Germany
Ifo President Clemens Fuest calls for a fundamental shift in German economic policy to address geopolitical risks, climate change, and economic stagnation, proposing increased investments in key sectors, labor market adjustments, and tax reforms.
Fuest Demands Economic Policy Shift in Germany
Ifo President Clemens Fuest calls for a fundamental shift in German economic policy to address geopolitical risks, climate change, and economic stagnation, proposing increased investments in key sectors, labor market adjustments, and tax reforms.
Progress
40% Bias Score
Scholz Announces Measures to Combat German Steel Crisis
Facing an industrial crisis marked by job cuts in the steel and auto sectors, German Chancellor Olaf Scholz announced plans to extend unemployment benefits, cap energy costs, and seek EU protection against cheap foreign steel, while the opposition calls these measures insufficient and merely a show.
Scholz Announces Measures to Combat German Steel Crisis
Facing an industrial crisis marked by job cuts in the steel and auto sectors, German Chancellor Olaf Scholz announced plans to extend unemployment benefits, cap energy costs, and seek EU protection against cheap foreign steel, while the opposition calls these measures insufficient and merely a show.
Progress
44% Bias Score
Bavaria Increases BayernLB Stake to Meet EU Banking Rules
To meet European banking regulations, Bavaria will raise its stake in BayernLB from 75% to over 80%, converting a €1.7 billion silent contribution into core capital, a move that avoids further capital injections unlike in Hessen.
Bavaria Increases BayernLB Stake to Meet EU Banking Rules
To meet European banking regulations, Bavaria will raise its stake in BayernLB from 75% to over 80%, converting a €1.7 billion silent contribution into core capital, a move that avoids further capital injections unlike in Hessen.
Progress
40% Bias Score
German SME Outlook: Pessimism Rises Amidst Labor and Bureaucracy Challenges
A survey of over 1000 German SMEs from September 11th to October 10th, 2024, reveals that 27% anticipate worsening business conditions, primarily due to underutilized production capacity, bureaucratic burdens, and a skilled labor shortage, while 72% plan to allow employees to work beyond retirement ...
German SME Outlook: Pessimism Rises Amidst Labor and Bureaucracy Challenges
A survey of over 1000 German SMEs from September 11th to October 10th, 2024, reveals that 27% anticipate worsening business conditions, primarily due to underutilized production capacity, bureaucratic burdens, and a skilled labor shortage, while 72% plan to allow employees to work beyond retirement ...
Progress
52% Bias Score
"Bavarian Business Satisfaction Declines Despite Slight 2024 Improvement"
"A survey of 700 Bavarian companies reveals declining satisfaction with the state's business environment since 2013, despite a slight improvement in 2024, with bureaucratic hurdles, high energy costs, and labor shortages cited as major concerns, though 92% would still locate in Bavaria."
"Bavarian Business Satisfaction Declines Despite Slight 2024 Improvement"
"A survey of 700 Bavarian companies reveals declining satisfaction with the state's business environment since 2013, despite a slight improvement in 2024, with bureaucratic hurdles, high energy costs, and labor shortages cited as major concerns, though 92% would still locate in Bavaria."
Progress
36% Bias Score
German Housing Construction Crisis Deepens Amidst Weaker Industrial Orders
The Ifo Institute reported a 54% increase in housing construction order shortages in November, exacerbating a chronic crisis. German industrial orders also fell by 1.5% in October, despite a revised 7.2% increase in September due to large orders; experts predict a 0.1–0.2% GDP contraction in 2024.
German Housing Construction Crisis Deepens Amidst Weaker Industrial Orders
The Ifo Institute reported a 54% increase in housing construction order shortages in November, exacerbating a chronic crisis. German industrial orders also fell by 1.5% in October, despite a revised 7.2% increase in September due to large orders; experts predict a 0.1–0.2% GDP contraction in 2024.
Progress
40% Bias Score