Tag #German Economy

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welt.de

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Dec 27, 10:07

German Economy Plunges to Record Low Amidst Multiple Crises

Germany's economy is experiencing a sharp downturn, with 31 of 49 surveyed industry associations reporting worse conditions than last year; high costs, bureaucracy, and global uncertainty are impacting exports and investments, and over 30,000 jobs were lost among Germany's top 100 companies in the f...

German Economy Plunges to Record Low Amidst Multiple Crises

Germany's economy is experiencing a sharp downturn, with 31 of 49 surveyed industry associations reporting worse conditions than last year; high costs, bureaucracy, and global uncertainty are impacting exports and investments, and over 30,000 jobs were lost among Germany's top 100 companies in the f...

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Decent Work and Economic Growth

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How does the current economic climate affect employment in different sectors, and what are the projections for the coming year?

This economic slump is multifaceted, stemming from high energy and material costs, bureaucratic hurdles, weak global markets, and domestic political instability. The impact is widespread, affecting various sectors and leading to projected job losses.

faz.net

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Dec 27, 16:10

Death of Helmut Schlesinger: A Legacy of Monetary Stability

Helmut Schlesinger, former president of the Deutsche Bundesbank, died on December 23 at age 100; his tenure was marked by steadfast defense of monetary stability, notably during the 1992 ERM crisis, significantly influencing German and European monetary policy.

Death of Helmut Schlesinger: A Legacy of Monetary Stability

Helmut Schlesinger, former president of the Deutsche Bundesbank, died on December 23 at age 100; his tenure was marked by steadfast defense of monetary stability, notably during the 1992 ERM crisis, significantly influencing German and European monetary policy.

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Reduced Inequality

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What was the most significant impact of Helmut Schlesinger's presidency on the Deutsche Bundesbank and the European monetary system?

Helmut Schlesinger, former president of the Deutsche Bundesbank, passed away at 100. His unwavering commitment to monetary stability and the bank's independence significantly shaped German monetary policy, particularly during the European Exchange Rate Mechanism crises of 1992. His actions, often seen as intransigent by foreign observers, ultimately proved economically sound, highlighting the pitfalls of politically motivated exchange rate policies.

welt.de

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Dec 27, 19:10

German Hiring Freezes Amidst Economic Crisis

German businesses are drastically reducing hiring plans, reaching the lowest point in four and a half years due to a combination of weak orders and economic crisis; concurrently, insolvencies rose by 12.6 percent in November.

German Hiring Freezes Amidst Economic Crisis

German businesses are drastically reducing hiring plans, reaching the lowest point in four and a half years due to a combination of weak orders and economic crisis; concurrently, insolvencies rose by 12.6 percent in November.

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What is the immediate impact of the economic downturn on German employment and business activity?

German businesses are significantly curtailing hiring plans due to weak order books and an economic downturn, with the Ifo Institute's employment barometer falling to its lowest point since mid-2020. This hiring slowdown is coupled with a 12.6% year-on-year increase in insolvency filings in November, according to the Federal Statistical Office. The decline in the Ifo barometer marks the seventh consecutive decrease.

zeit.de

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Dec 27, 16:10

Mecklenburg-Vorpommern Businesses Slam Government's Rosy Economic Outlook

Businesses in Mecklenburg-Vorpommern sharply criticize the state government's positive economic assessment, citing high energy costs, weak consumer demand, and a lack of policy support as major obstacles, demanding immediate reforms and relief measures.

Mecklenburg-Vorpommern Businesses Slam Government's Rosy Economic Outlook

Businesses in Mecklenburg-Vorpommern sharply criticize the state government's positive economic assessment, citing high energy costs, weak consumer demand, and a lack of policy support as major obstacles, demanding immediate reforms and relief measures.

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What are the potential long-term economic consequences if the current challenges faced by businesses in Mecklenburg-Vorpommern remain unresolved?

Mecklenburg-Vorpommern's economic outlook hinges on resolving the energy cost crisis and implementing structural reforms. Mr. Belke's suggestion to reconsider Russian gas imports, while controversial, underscores the depth of the energy challenge and the potential for political and economic ramifications. Failure to address these issues could lead to further economic downturn.

zeit.de

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Dec 26, 07:06

Trigema's Smooth Generational Shift and Continued Success

Wolfgang Grupp senior stepped down as head of Trigema in early 2024, handing leadership to his children, Bonita and Wolfgang Grupp junior, while remaining involved in production. The company, known for its German manufacturing and diverse sales channels, achieved a turnover of €113 million in 2024.

Trigema's Smooth Generational Shift and Continued Success

Wolfgang Grupp senior stepped down as head of Trigema in early 2024, handing leadership to his children, Bonita and Wolfgang Grupp junior, while remaining involved in production. The company, known for its German manufacturing and diverse sales channels, achieved a turnover of €113 million in 2024.

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What is the significance of Wolfgang Grupp's transition from leadership at Trigema, and what immediate impacts does this have on the company?

In early 2024, Wolfgang Grupp senior stepped down as head of Trigema, Germany's largest T-shirt and tennis apparel manufacturer, handing over to his children, Bonita and Wolfgang Grupp junior. However, he remains actively involved in production planning, working from his office daily. This transition represents a smooth generational shift, with the children having worked in the company for years.

pt.euronews.com

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Dec 24, 16:09

Germany's Stagnant Economy: 2025 Challenges

Germany's economy faces stagnation in 2025, with projected GDP growth near zero, due to weak exports, slow consumption, and fiscal uncertainty from upcoming elections, compounded by industrial competitiveness loss and geopolitical risks.

Germany's Stagnant Economy: 2025 Challenges

Germany's economy faces stagnation in 2025, with projected GDP growth near zero, due to weak exports, slow consumption, and fiscal uncertainty from upcoming elections, compounded by industrial competitiveness loss and geopolitical risks.

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What are the most significant immediate impacts of Germany's economic stagnation on its global standing and economic influence?

Germany's economy, once Europe's powerhouse, is experiencing stagnation and structural challenges. Growth projections are among the weakest in the developed world, with real GDP projected to expand by only 0.3% in 2025 according to Goldman Sachs, hindered by weak exports, slow private consumption, and hesitant investments.

faz.net

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Dec 27, 16:10

Death of Helmut Schlesinger: A Legacy of Monetary Stability

Helmut Schlesinger, former president of the Deutsche Bundesbank, died at 100; his unwavering commitment to monetary stability and the bank's independence, especially during the 1992 European Exchange Rate Mechanism crisis, profoundly shaped German and European monetary policy.

Death of Helmut Schlesinger: A Legacy of Monetary Stability

Helmut Schlesinger, former president of the Deutsche Bundesbank, died at 100; his unwavering commitment to monetary stability and the bank's independence, especially during the 1992 European Exchange Rate Mechanism crisis, profoundly shaped German and European monetary policy.

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Decent Work and Economic Growth

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What was the most significant impact of Helmut Schlesinger's presidency on the Deutsche Bundesbank and European monetary policy?

Helmut Schlesinger, former president of the Deutsche Bundesbank, passed away at age 100. His unwavering commitment to monetary stability and the bank's independence significantly shaped German and European monetary policy during a turbulent period. His actions during the 1992 European Exchange Rate Mechanism crisis, characterized by pressure from other European nations to lower interest rates, solidified the Bundesbank's independent stance.

sueddeutsche.de

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Dec 27, 19:10

German Economy Faces Deep Crisis Amidst Job Cuts and Production Decline

A recent study reveals a pessimistic outlook for the German economy in 2024 and 2025, with 31 of 49 industry associations reporting worsening conditions, job losses anticipated, and major companies expecting revenue and profit declines; the automotive industry's struggles are highlighted as a key fa...

German Economy Faces Deep Crisis Amidst Job Cuts and Production Decline

A recent study reveals a pessimistic outlook for the German economy in 2024 and 2025, with 31 of 49 industry associations reporting worsening conditions, job losses anticipated, and major companies expecting revenue and profit declines; the automotive industry's struggles are highlighted as a key fa...

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How do the findings of the IW and EY studies compare, and what broader implications do their combined results have for the German economy?

\"31 out of 49 surveyed industry associations assessed the current economic situation as worse than a year ago, according to a recent IW study. For 2025, 20 of 49 expect lower production, while 25 anticipate job losses. This pessimism extends to major companies; EY reports that the majority of Germany's 100 largest listed companies expect revenue and profit declines.

welt.de

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Dec 27, 16:10

Mecklenburg-Vorpommern Businesses Slam Government's Rosy Economic Outlook

Mecklenburg-Vorpommern businesses sharply criticize the state government's positive economic assessment, citing high energy prices despite significant renewable energy production and demanding immediate policy reforms; the situation mirrors a broader pessimistic trend in German businesses.

Mecklenburg-Vorpommern Businesses Slam Government's Rosy Economic Outlook

Mecklenburg-Vorpommern businesses sharply criticize the state government's positive economic assessment, citing high energy prices despite significant renewable energy production and demanding immediate policy reforms; the situation mirrors a broader pessimistic trend in German businesses.

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What specific policy changes are advocated by Mecklenburg-Vorpommern businesses to alleviate the impact of high energy costs and improve the regional economic climate?

The contrasting views highlight a significant disconnect between the regional government and businesses. While the government points to increased economic output, businesses report persistent difficulties due to high energy prices, impacting sectors like tourism and gastronomy. This discrepancy underscores the need for more effective communication and policy adjustments.

dw.com

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Dec 26, 16:08

German Companies Relocate Abroad Amidst Economic Crisis

German companies, particularly in energy-intensive sectors, are relocating production abroad due to high costs and excessive regulation, threatening Germany's economic standing and leading to decreased investments and job losses.

German Companies Relocate Abroad Amidst Economic Crisis

German companies, particularly in energy-intensive sectors, are relocating production abroad due to high costs and excessive regulation, threatening Germany's economic standing and leading to decreased investments and job losses.

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What are the primary factors causing German companies to relocate their production facilities abroad, and what are the immediate consequences?

German businesses, especially in energy-intensive sectors like chemicals, metals, and mechanical engineering, are relocating abroad due to high costs, according to Dirk Jandura, president of the BGA. This exodus threatens Germany's economic standing and future growth, with family-owned businesses also expressing concerns.

cincodias.elpais.com

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Dec 25, 10:06

Germany's Manufacturing Crisis: Decline, Competition, and the Path Ahead

Germany's manufacturing sector faces a significant decline due to decreased production across key industries (automobiles, machinery, electronics), impacting thousands of jobs and highlighting a loss of technological competitiveness, particularly against China; the upcoming elections will be crucial...

Germany's Manufacturing Crisis: Decline, Competition, and the Path Ahead

Germany's manufacturing sector faces a significant decline due to decreased production across key industries (automobiles, machinery, electronics), impacting thousands of jobs and highlighting a loss of technological competitiveness, particularly against China; the upcoming elections will be crucial...

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How have geopolitical shifts and the rise of China specifically contributed to Germany's current economic challenges?

This crisis stems from Germany's over-reliance on exports to China, which has become a major competitor, and a dependence on cheap energy, now threatened by geopolitical shifts and the energy transition. The rise of Chinese companies in key sectors like batteries and electric vehicles further exacerbates the situation.

fr.euronews.com

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Dec 24, 16:09

German Economy Stagnates Amidst Multiple Challenges

Germany's economy faces stagnation in 2025 due to weak exports, sluggish consumption, declining investments, high energy costs, and loss of auto sector competitiveness; election uncertainty and geopolitical risks further complicate the situation.

German Economy Stagnates Amidst Multiple Challenges

Germany's economy faces stagnation in 2025 due to weak exports, sluggish consumption, declining investments, high energy costs, and loss of auto sector competitiveness; election uncertainty and geopolitical risks further complicate the situation.

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What are the long-term structural issues hindering Germany's economic growth, and what policy changes are needed to overcome them?

Without significant reforms—reducing corporate tax burdens, improving infrastructure, and addressing labor shortages—Germany's structural stagnation could persist beyond 2025. The upcoming 2025 elections add political uncertainty, impacting investment decisions and delaying necessary reforms. The country's reliance on exports makes it vulnerable to global trade tensions.

Showing 457 to 468 of 525 results