Tag #German Economy

welt.de
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Record German Employment in 2024 Masks Underlying Economic Weakness

Germany's employment reached a record 46.1 million in 2024 despite economic recession, due to increased immigration and domestic workforce participation; however, job losses in manufacturing and construction offset gains in the service sector, leading to predictions of rising unemployment in 2025.

Progress

44% Bias Score

Decent Work and Economic Growth
taz.de
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German Household Wealth Rises Amidst Economic Uncertainty and Growing Inequality

German private household wealth grew to €9.3 trillion in 2024, a 6% increase from 2023, driven by a high savings rate (11.8%) reflecting economic uncertainty and concerns about job security; however, wealth remains highly concentrated, with the top 10% holding 56% of the total.

Progress

28% Bias Score

Reduced Inequality
zeit.de
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Mixed Impact of 2025 German Financial Changes

Germany's 2025 financial adjustments include increased tax allowances, child benefits, and minimum wage, but also higher health insurance contributions, energy costs, and reduced asylum seeker allowances, creating varied impacts across income groups.

Progress

44% Bias Score

Reduced Inequality
taz.de
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German Mid-Sized Businesses Anticipate Economic Downturn in 2025

A survey by the German Federation of Medium-Sized Businesses reveals that 80% of mid-sized companies expect a worsening economy in 2025; this comes amidst a backdrop of shrinking GDP, industrial crisis, and rising unemployment, prompting questions about the motives behind such claims.

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56% Bias Score

Decent Work and Economic Growth
welt.de
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Würth Group Founder Retires, Grandson Takes Helm Amidst Economic Uncertainty

Reinhold Würth, the 89-year-old founder of the Würth Group, is retiring at the end of 2024, handing over leadership to his grandson, Benjamin Würth. The company, facing economic headwinds, achieved over €20 billion in turnover in 2023, but anticipates decreased profits in 2024. Other leadership chan...

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36% Bias Score

Decent Work and Economic Growth
dw.com
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Germany Faces Economic Crisis, Political Polarization Amidst Security Threats

Germany's economic slowdown, fueled by high inflation, energy prices, and infrastructure issues, is creating a political crisis alongside challenges of immigration, cybersecurity, and rising right-wing extremism; the next government faces immense tasks.

Progress

40% Bias Score

Decent Work and Economic Growth
zeit.de
🌐 75% Global Worthiness
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Rhineland-Palatinate Businesses Consider Relocation Amidst Economic Downturn

Facing a nearly 10 percent drop in industrial production, Rhineland-Palatinate businesses, particularly in machinery and chemicals, are considering relocating due to high energy costs, worker shortages, and bureaucracy, prompting concerns about the state's economic future and the planned climate pro...

Progress

56% Bias Score

Decent Work and Economic Growth
sueddeutsche.de
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€200 Million Lilium Rescue Faces Delays, Timeline Uncertain

Mobile Uplift Corporation plans to invest over €200 million in Lilium, with the deal expected to close in Q1 2024, facing potential delays due to required approvals and risks to employee and supplier retention, impacting the Lilium Jet's development timeline.

Progress

40% Bias Score

Decent Work and Economic Growth
zeit.de
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German Household Wealth Reaches Record High of €9.3 Trillion

German household wealth hit a record €9.3 trillion in 2024, a 6% rise from 2023, due to high savings (11.5% in 2024) and booming stock markets; further growth is predicted for 2025.

Progress

44% Bias Score

Reduced Inequality
zeit.de
🌐 85% Global Worthiness
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Würth Group Founder Retires, Grandson Takes Helm Amidst Economic Uncertainty

Reinhold Würth, founder of the billion-euro Würth Group, is retiring at the end of 2024, handing leadership to his grandson Benjamin, who plans to continue the family legacy while navigating economic challenges including a projected 2% revenue drop and a significant profit decrease in 2024.

Progress

44% Bias Score

Decent Work and Economic Growth
welt.de
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Baden-Württemberg: Education, Taxes, Healthcare, and Immigration Reforms

Baden-Württemberg is implementing educational reforms, recalculating property taxes, reducing some emergency care facilities, establishing a new agency for skilled worker immigration, and facing challenges in cross-border rail and shopping tourism.

Progress

24% Bias Score

Quality Education
zeit.de
🌐 65% Global Worthiness
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\"Saxony-Anhalt Businesses Report No Bureaucracy Reduction Despite New Portal\"\

\"Saxony-Anhalt's online portal for reporting bureaucratic burdens, launched in March 2024, has received approximately 70 reports this year, with businesses reporting no significant reduction in bureaucracy despite the initiative, pointing to systemic issues and highlighting the need for more effect...

Progress

40% Bias Score

Decent Work and Economic Growth