Tag #German Economy

Showing 433 to 444 of 463 results

sueddeutsche.de

🌐 75% Global Worthiness

Dec 16, 07:08

Merz Predicts SPD Electoral Gains, Outlines CDU Strategy

CDU chancellor candidate Friedrich Merz predicts the SPD will gain more support before the German federal election, potentially reaching 20 percent, while the Union, despite having its core voters, needs to reach out to undecided voters to secure a win. He also comments on the financing of the CDU's...

Merz Predicts SPD Electoral Gains, Outlines CDU Strategy

CDU chancellor candidate Friedrich Merz predicts the SPD will gain more support before the German federal election, potentially reaching 20 percent, while the Union, despite having its core voters, needs to reach out to undecided voters to secure a win. He also comments on the financing of the CDU's...

Progress

36% Bias Score

ShareSaveArticle

Reduced Inequality

12345678

Previous 1 of 8 Next

What is Friedrich Merz's assessment of the SPD's electoral prospects and what strategies does he propose for the CDU to counter this?

According to a recent podcast interview, Friedrich Merz, the CDU's chancellor candidate, anticipates the SPD will gain further ground before the general election, potentially reaching 20 percent. He attributes the SPD's recent surge to overcoming internal strife, having previously fallen significantly below their core potential. Merz also highlights that the Union, while having strong support among its base, needs to reach out to undecided voters.

dw.com

🌐 85% Global Worthiness

Dec 15, 16:12

German Transport Sector Warns of Severe Disruptions Due to Potential Syrian Worker Departure

Ingo Wortmann, head of the German Association of Transport Companies, warned that the departure of approximately 2,000 Syrian public transport drivers in Germany would severely disrupt services, highlighting the economic reliance on Syrian workers amidst debates about their repatriation.

German Transport Sector Warns of Severe Disruptions Due to Potential Syrian Worker Departure

Ingo Wortmann, head of the German Association of Transport Companies, warned that the departure of approximately 2,000 Syrian public transport drivers in Germany would severely disrupt services, highlighting the economic reliance on Syrian workers amidst debates about their repatriation.

Progress

48% Bias Score

ShareSaveArticle

Decent Work and Economic Growth

12345678

Previous 1 of 8 Next

What is the immediate impact of the potential return of Syrian refugees on Germany's public transportation system?

The head of the German Association of Transport Companies (VDV), Ingo Wortmann, stated that German road and rail transport companies rely heavily on Syrian workers, citing current labor shortages. Wortmann highlighted that the removal of Syrian workers would severely hinder the provision of bus and train services across Germany, with approximately 2,000 Syrians employed as drivers in local public transport alone.

zeit.de

🌐 85% Global Worthiness

Dec 13, 13:13

Bundesbank sharply cuts German growth forecast, predicts recession

The Bundesbank drastically lowered its German economic growth forecast for 2024 to a 0.2% contraction and 0.2% for 2025, citing persistent economic headwinds, structural problems, and potential global protectionism as key factors, while predicting inflation to gradually decline to 2% by 2026.

Bundesbank sharply cuts German growth forecast, predicts recession

The Bundesbank drastically lowered its German economic growth forecast for 2024 to a 0.2% contraction and 0.2% for 2025, citing persistent economic headwinds, structural problems, and potential global protectionism as key factors, while predicting inflation to gradually decline to 2% by 2026.

Progress

44% Bias Score

ShareSaveArticle

Decent Work and Economic Growth

12345678

Previous 1 of 8 Next

What is the Bundesbank's revised economic growth forecast for Germany in 2024 and 2025, and what are the key factors contributing to this revision?

The Bundesbank significantly lowered its German economic growth forecast for 2024 and 2025, predicting a 0.2% contraction and 0.2% growth respectively, compared to previous projections of 0.3% growth and 1.1% growth. This marks a second consecutive year of recession. The projected recovery in 2026 is also weaker than previously anticipated.

welt.de

🌐 75% Global Worthiness

Dec 13, 13:13

Evonik Announces Major Restructuring Amidst German Chemical Industry Downturn

Evonik, a German chemical company, announced its largest-ever restructuring plan, impacting around 7000 jobs due to cost-cutting and the reorganization into two segments (Custom Solutions and Advanced Technologies), each with approximately €6 billion in annual revenue, effective April 1, 2025. Despi...

Evonik Announces Major Restructuring Amidst German Chemical Industry Downturn

Evonik, a German chemical company, announced its largest-ever restructuring plan, impacting around 7000 jobs due to cost-cutting and the reorganization into two segments (Custom Solutions and Advanced Technologies), each with approximately €6 billion in annual revenue, effective April 1, 2025. Despi...

Progress

4% Bias Score

ShareSaveArticle

Decent Work and Economic Growth

12345678

Previous 1 of 8 Next

What is the immediate impact of Evonik's restructuring on its workforce and operations?

Evonik, a German chemical company, is undergoing its largest restructuring, impacting approximately 7000 jobs. This includes eliminating 2000 positions due to cost-cutting measures and the potential sale or spin-off of businesses employing 3600 individuals. The restructuring will consolidate operations into two segments: Custom Solutions and Advanced Technologies, each with approximately €6 billion in annual revenue.

dw.com

🌐 75% Global Worthiness

Dec 13, 20:05

Bundesbank drastically cuts German growth forecasts

Germany's central bank, the Bundesbank, slashed its economic growth forecasts for 2025 and 2026 to 0.2% and 0.8%, respectively, citing persistent economic headwinds, structural problems, and a sharp decline in October exports (down 2.8% from September).

Bundesbank drastically cuts German growth forecasts

Germany's central bank, the Bundesbank, slashed its economic growth forecasts for 2025 and 2026 to 0.2% and 0.8%, respectively, citing persistent economic headwinds, structural problems, and a sharp decline in October exports (down 2.8% from September).

Progress

40% Bias Score

ShareSaveArticle

Decent Work and Economic Growth

12345678

Previous 1 of 8 Next

How do the declining export figures and rising labor market tensions impact the overall economic forecast for Germany?

Germany's economic slowdown is attributed to persistent economic headwinds and structural problems, primarily affecting the industrial sector and exports. While private consumption is expected to increase, it will be less than previously anticipated due to rising labor market tensions. October's export figures showed a 2.8% decrease compared to September, reaching €124.6 billion, the steepest decline in 2024.

welt.de

🌐 75% Global Worthiness

Dec 12, 10:10

Erhard's 1959 Warning: A Turning Point in German Fiscal Policy

In 1959, German Economics Minister Ludwig Erhard warned against Germany's growing consumption, arguing that it threatened economic stability and advocating for fiscal responsibility. His speech in the Bundestag sparked debate, highlighting a shift in German economic policy from fiscal restraint to i...

Erhard's 1959 Warning: A Turning Point in German Fiscal Policy

In 1959, German Economics Minister Ludwig Erhard warned against Germany's growing consumption, arguing that it threatened economic stability and advocating for fiscal responsibility. His speech in the Bundestag sparked debate, highlighting a shift in German economic policy from fiscal restraint to i...

Progress

44% Bias Score

ShareSaveArticle

Reduced Inequality

12345678

Previous 1 of 8 Next

What were the immediate consequences of Ludwig Erhard's 1959 warning against excessive consumption?

In 1959, German Economics Minister Ludwig Erhard criticized Germany's growing consumption, warning that it threatened economic stability. He emphasized the importance of fiscal responsibility, arguing that spending should be limited to available funds, except for long-term investments. His remarks were met with mixed reactions in the Bundestag, with the opposition accusing him of unfairly blaming consumers.

welt.de

🌐 75% Global Worthiness

Dec 16, 07:08

Baden-Württemberg Reforms Nine-Year Gymnasium to Address Skilled Worker Shortage

Baden-Württemberg is overhauling its nine-year Gymnasium, extending it by a year, boosting STEM education (including a dedicated 5th-11th grade computer science and AI course), and enhancing vocational guidance to address a projected 910,000 skilled worker shortage by 2035.

Baden-Württemberg Reforms Nine-Year Gymnasium to Address Skilled Worker Shortage

Baden-Württemberg is overhauling its nine-year Gymnasium, extending it by a year, boosting STEM education (including a dedicated 5th-11th grade computer science and AI course), and enhancing vocational guidance to address a projected 910,000 skilled worker shortage by 2035.

Progress

24% Bias Score

ShareSaveArticle

Quality Education

12345678

Previous 1 of 8 Next

How will the reform of the nine-year Gymnasium address the projected skilled worker shortage?

These educational changes aim to better equip students for the future job market, addressing the projected shortage of 910,000 skilled workers in Baden-Württemberg by 2035. The reforms also reflect a broader societal shift toward digital literacy and the importance of STEM skills.

faz.net

🌐 85% Global Worthiness

Dec 14, 00:36

Porsche SE Withdraws Profit Forecast, Anticipates Substantial Loss

Porsche SE withdrew its profit forecast for the fiscal year, now expecting a substantial loss due to significant write-downs on its VW shares; this stems from a discrepancy between the book value and current market value of the shares, exacerbated by a delay in VW's internal planning data related to...

Porsche SE Withdraws Profit Forecast, Anticipates Substantial Loss

Porsche SE withdrew its profit forecast for the fiscal year, now expecting a substantial loss due to significant write-downs on its VW shares; this stems from a discrepancy between the book value and current market value of the shares, exacerbated by a delay in VW's internal planning data related to...

Progress

36% Bias Score

ShareSaveArticle

Decent Work and Economic Growth

12345678

Previous 1 of 8 Next

How did the delay in VW's internal planning data affect Porsche SE's financial reporting and valuation of its VW shares?

The discrepancy between the book value and market value of VW shares held by Porsche SE stems from IFRS rules that require adding the portion of VW's annual profit not paid as dividends to the book value. VW's delayed release of key planning data for 2024, due to ongoing labor negotiations, forced Porsche SE to rely on analysts' less optimistic assessments, resulting in the write-downs.

pt.euronews.com

🌐 85% Global Worthiness

Dec 13, 20:05

Germany's Economy to Contract in 2024, Slow Growth Projected Through 2025

The Bundesbank forecasts a 0.2% contraction of the German economy in 2024, revised from a 0.3% growth prediction in June, and a mere 0.2% growth in 2025, down from 1.1%, due to energy dependence, aging population, deficient infrastructure, and declining Chinese demand, further complicated by politic...

Germany's Economy to Contract in 2024, Slow Growth Projected Through 2025

The Bundesbank forecasts a 0.2% contraction of the German economy in 2024, revised from a 0.3% growth prediction in June, and a mere 0.2% growth in 2025, down from 1.1%, due to energy dependence, aging population, deficient infrastructure, and declining Chinese demand, further complicated by politic...

Progress

32% Bias Score

ShareSaveArticle

Decent Work and Economic Growth

12345678

Previous 1 of 8 Next

How has Germany's dependence on Russian energy and the decline in Chinese demand affected its economic performance?

Germany's economic woes are interconnected with its dependence on Russian energy, impacting it disproportionately after the Ukraine invasion. The decline in Chinese demand further exacerbates the situation, as China is a key export market for Germany. Political instability, marked by a collapsed coalition government and potential US tariffs, adds further complexity.

welt.de

🌐 75% Global Worthiness

Dec 13, 16:12

Evonik Restructuring: 7,000 Jobs Affected by Major Restructuring

Evonik, a German chemical company, is restructuring, separating its "Technology & Infrastructure" division, potentially selling the infrastructure unit with 3,600 employees, while cutting 2,000 administrative roles and selling other businesses, impacting around 7,000 jobs in total.

Evonik Restructuring: 7,000 Jobs Affected by Major Restructuring

Evonik, a German chemical company, is restructuring, separating its "Technology & Infrastructure" division, potentially selling the infrastructure unit with 3,600 employees, while cutting 2,000 administrative roles and selling other businesses, impacting around 7,000 jobs in total.

Progress

48% Bias Score

ShareSaveArticle

Decent Work and Economic Growth

12345678

Previous 1 of 8 Next

Why is Evonik undertaking this restructuring, and what are the long-term strategic goals?

Evonik aims to streamline operations and improve profitability through this restructuring, shifting towards a two-division structure: "Custom Solutions" and "Advanced Technologies." The sale of non-core businesses addresses underperformance and allows Evonik to focus resources on higher-margin areas. The planned job cuts aim to reduce administrative overhead and enhance efficiency.

welt.de

🌐 85% Global Worthiness

Dec 12, 13:11

German Economy Stagnates; Growth Dependent on Structural Reforms

Germany's economy is stagnating, with GDP projected to be unchanged in 2025 after a 0.2% decline in 2024 and minimal growth in 2025, according to leading economic institutes. Rising unemployment and restrained consumption are contributing factors, with the future trajectory dependent on whether stru...

German Economy Stagnates; Growth Dependent on Structural Reforms

Germany's economy is stagnating, with GDP projected to be unchanged in 2025 after a 0.2% decline in 2024 and minimal growth in 2025, according to leading economic institutes. Rising unemployment and restrained consumption are contributing factors, with the future trajectory dependent on whether stru...

Progress

48% Bias Score

ShareSaveArticle

Decent Work and Economic Growth

12345678

Previous 1 of 8 Next

What is the primary cause of Germany's economic stagnation, and what are its immediate consequences?

Germany's economy is stagnating, with the gross domestic product (GDP) projected to remain unchanged in 2025, a significant decrease from the 0.5% growth predicted in September. The IfW projects a 0.2% GDP decline in 2024, followed by minimal growth in 2025 and a slight increase in 2026. This stagnation is attributed to structural issues, not merely cyclical factors.

welt.de

🌐 75% Global Worthiness

Dec 12, 13:11

"German States Pressure Federal Government for Economic Crisis Solutions"

"Germany's state premiers are urging the federal government for rapid solutions to the economic crisis, proposing lower energy prices, reduced flight taxes, and streamlined data access via NOOTS to stimulate the economy and attract skilled workers."

"German States Pressure Federal Government for Economic Crisis Solutions"

"Germany's state premiers are urging the federal government for rapid solutions to the economic crisis, proposing lower energy prices, reduced flight taxes, and streamlined data access via NOOTS to stimulate the economy and attract skilled workers."

Progress

40% Bias Score

ShareSaveArticle

Decent Work and Economic Growth

12345678

Previous 1 of 8 Next

"What immediate actions do Germany's state premiers propose to combat the current economic recession, and what are the potential consequences of inaction?"

"Germany's state premiers urge the federal government to quickly address the economic crisis, citing high energy prices and flight taxes as key obstacles. They advocate for immediate action, including an investment program for businesses and lower electricity prices, to counter the recession."

Showing 433 to 444 of 463 results