Tag #German Economy

Showing 37 to 48 of 558 results

zeit.de
🌐 75% Global Worthiness
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Thuringian Businesses Face Closure as Owners Retire Without Successors

In Thuringia, Germany, the successful transfer of Braun & Höfler GmbH to two former employees highlights a broader trend of thousands of businesses facing closure due to retiring owners, particularly in trades like plumbing and mechanics, creating potential economic and social disruptions.

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44% Bias Score

Decent Work and Economic Growth
welt.de
🌐 65% Global Worthiness
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Hesse's Hospitality Industry Faces Revenue Losses Due to Erratic Summer Weather

Erratic summer weather in Hesse, Germany, since May 2025, caused significant revenue losses for hotels and restaurants, particularly those dependent on outdoor seating, with smaller businesses and rural areas disproportionately affected; a nationwide trend shows a 4.6 percent decrease in real revenu...

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44% Bias Score

Decent Work and Economic Growth
sueddeutsche.de
🌐 85% Global Worthiness
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Daimler Truck Forecasts Significant Sales and Profit Decline, Announces Job Cuts

Daimler Truck's Q2 results showed a 5% decline in sales, a 6% drop in revenue to €11.8 billion, and a 4% decrease in adjusted EBIT to €1.1 billion; the company forecasts an 11% sales decline to 410,000 vehicles and a 13% revenue drop to €44 billion by the end of the year, prompting 2,000 job cuts in...

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52% Bias Score

Decent Work and Economic Growth
sueddeutsche.de
🌐 75% Global Worthiness
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ZF Friedrichshafen Reports Loss, Plans Layoffs Amidst Restructuring

ZF Friedrichshafen, Germany's second-largest auto supplier, reported a €195 million first-half loss due to stagnant vehicle production, slow electric vehicle adoption, and US trade uncertainties, prompting intensified cost-cutting and potential layoffs while restructuring its powertrain division.

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52% Bias Score

Decent Work and Economic Growth
zeit.de
🌐 85% Global Worthiness
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Record €24.8 Billion Deficit Cripples German Municipalities

German municipalities recorded a €24.8 billion deficit in 2024, three times higher than in 2023, primarily due to increased social spending (€85 billion) and personnel costs (doubled in 10 years), despite a 5 percentage point revenue increase. The Bertelsmann Stiftung highlights insufficient federal...

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40% Bias Score

Reduced Inequality
dw.com
🌐 75% Global Worthiness
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Germany's 2026 Budget: Massive Spending, Looming Austerity

Germany's 2026 draft budget, totaling €520.5 billion, includes €126.7 billion in investments and €174.3 billion in new borrowing, but Finance Minister Lars Klingbeil warns of austerity measures starting in 2027 due to a projected €172 billion funding gap.

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12% Bias Score

Industry, Innovation, and Infrastructure
taz.de
🌐 75% Global Worthiness
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Küppersbusch on Gaza, Zelenskyy, and German Politics

Friedrich Küppersbusch, in a taz interview, comments on the Gaza conflict, Chancellor Merz's airlift proposal, the resignation of the Green Youth leader, Germany's economic struggles, the acquittal of Querdenker Ballweg, the Ukrainian anti-corruption efforts, the death of Horst Mahler, and the Deuts...

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48% Bias Score

Peace, Justice, and Strong Institutions
zeit.de
🌐 65% Global Worthiness
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Hesse Hospitality Suffers Revenue Losses Due to Erratic Summer Weather

Unstable summer weather in Hesse, Germany, caused significant revenue losses for the hospitality sector in May 2025, with businesses in southern Hesse and the Rhine-Main area particularly affected by extreme heat, leading to decreased guest visits and shorter hotel stays.

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48% Bias Score

Decent Work and Economic Growth
welt.de
🌐 75% Global Worthiness
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ZF Friedrichshafen Continues Job Cuts Amidst Slow E-Mobility Growth

ZF Friedrichshafen, a German auto supplier, is continuing job cuts due to slow e-mobility adoption and US tariffs, reporting a 10.3% revenue drop to €19.7 billion despite an increased adjusted EBIT of €874 million in the first half of 2024. Over 10,000 employees protested against the cost-cutting me...

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56% Bias Score

Decent Work and Economic Growth
welt.de
🌐 75% Global Worthiness
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Germany to Review Social Security System Amid Sustainability Concerns

German Economy Minister Katharina Reiche announced a comprehensive review of the nation's social security system this fall, citing concerns about its long-term sustainability and the need for reforms in response to demographic changes and evolving employment patterns. Chancellor Merz supports this i...

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44% Bias Score

Reduced Inequality
taz.de
🌐 85% Global Worthiness
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US Tariffs Trigger German GDP Decline

Germany's GDP fell 0.1 percent in Q2 2025, impacted by newly implemented US tariffs on EU imports ranging from 15 to 27.5 percent, hitting sectors like automotive exports and potentially leading to a third consecutive year of recession.

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52% Bias Score

Decent Work and Economic Growth
welt.de
🌐 85% Global Worthiness
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ZF Employees Protest Cost-Cutting Measures Amidst Financial Crisis

ZF, a major German auto supplier, faces protests from approximately 4,000 employees in Friedrichshafen and other locations on Tuesday due to planned cost-cutting measures, including potential job cuts and pay reductions, stemming from over €1 billion in losses last year and high debt from acquisitio...

Progress

40% Bias Score

Decent Work and Economic Growth

Showing 37 to 48 of 558 results