Tag #German Economy

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zeit.de

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Jul 24, 07:15

Thuringia Sees Six-Fold Surge in Business Investment Applications

Thuringian businesses applied for nearly €200 million in government grants for investments in the first half of 2025—a six-fold increase compared to the same period in 2024, signaling renewed confidence and a potential economic recovery.

Thuringia Sees Six-Fold Surge in Business Investment Applications

Thuringian businesses applied for nearly €200 million in government grants for investments in the first half of 2025—a six-fold increase compared to the same period in 2024, signaling renewed confidence and a potential economic recovery.

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How do the recent investment applications relate to previously reported concerns about investment uncertainty?

This increase in investment applications follows months of reported uncertainty and obstacles for businesses. The significant jump in funding requests, coupled with a recent federal investment initiative, suggests a shift in business confidence and a potential economic recovery for Thuringia. The state government is actively working to further stimulate growth through measures such as bureaucratic simplification and infrastructure modernization.

kathimerini.gr

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Jul 22, 13:12

German Firms Pledge €100 Billion to Boost Stagnating Economy

More than 60 major German firms, spearheaded by Deutsche Bank and Siemens, under Chancellor Merz's government, committed to over €100 billion in investments over three years to revitalize Germany's stagnating economy, totaling €631 billion with prior pledges, aiming to counter high energy costs and ...

German Firms Pledge €100 Billion to Boost Stagnating Economy

More than 60 major German firms, spearheaded by Deutsche Bank and Siemens, under Chancellor Merz's government, committed to over €100 billion in investments over three years to revitalize Germany's stagnating economy, totaling €631 billion with prior pledges, aiming to counter high energy costs and ...

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What is the immediate economic impact of the €100 billion investment pledge by German companies, and how does it address the current economic challenges?

Over 60 leading German companies, including Deutsche Bank and Siemens, have pledged over €100 billion in investments over the next three years to boost the German economy. This initiative, called "Made for Germany," aims to counter economic stagnation and follows previous commitments, bringing the total investment to €631 billion. The plan includes capital expenditures, R&D, and contributions from international investors.

zeit.de

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Jul 22, 16:16

Rheinland-Pfalz Sees Rise in Female and Non-German Founders, but Startups Face Funding Hurdles

In 2024, Rheinland-Pfalz experienced a surge in female and non-German entrepreneurs, reaching a 10-year high of 10,501 female founders, while startups faced challenges in securing funding and navigating bureaucracy.

Rheinland-Pfalz Sees Rise in Female and Non-German Founders, but Startups Face Funding Hurdles

In 2024, Rheinland-Pfalz experienced a surge in female and non-German entrepreneurs, reaching a 10-year high of 10,501 female founders, while startups faced challenges in securing funding and navigating bureaucracy.

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Gender Equality

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What are the key trends in entrepreneurship in Rheinland-Pfalz in 2024, and what are their immediate impacts?

In 2024, Rheinland-Pfalz saw a 10-year high of 10,501 female founders, comprising 33.4% of all founders. Nearly 20% of founders were non-German, with a 10% increase in founders from non-EU countries, primarily Turkey, Syria, and Ukraine.

welt.de

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Jul 21, 13:15

€631 Billion Investment Pledge to Boost German Economy

Sixty-one German companies and international investors announced a €631 billion investment plan ("Made for Germany") during a meeting with Chancellor Merz, aiming to boost Germany's economic competitiveness by improving infrastructure, reducing bureaucracy, and lowering energy costs.

€631 Billion Investment Pledge to Boost German Economy

Sixty-one German companies and international investors announced a €631 billion investment plan ("Made for Germany") during a meeting with Chancellor Merz, aiming to boost Germany's economic competitiveness by improving infrastructure, reducing bureaucracy, and lowering energy costs.

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What are the immediate economic implications of the €631 billion investment pledge for Germany's growth and global competitiveness?

Sixty-one German companies and investors pledged €631 billion in domestic investments over the coming years, aiming to bolster Germany's economic standing. This initiative, "Made for Germany," was presented to Chancellor Merz, Vice Chancellor Klingbeil, and Minister Reiche, highlighting the need for improved infrastructure, reduced energy costs, and streamlined bureaucracy.

dw.com

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Jul 21, 22:12

Germany Passes €46 Billion Stimulus Package to Boost Stagnant Economy

Germany's Bundestag passed a €46 billion "boost investment" package, including tax breaks for businesses, to stimulate economic growth after a two-year contraction; the government will compensate regional governments for revenue losses.

Germany Passes €46 Billion Stimulus Package to Boost Stagnant Economy

Germany's Bundestag passed a €46 billion "boost investment" package, including tax breaks for businesses, to stimulate economic growth after a two-year contraction; the government will compensate regional governments for revenue losses.

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What are the immediate economic effects of Germany's recently approved "boost investment" tax relief package?

The German parliament approved a "boost investment" package totaling €46 billion in tax breaks from 2025-2029, including a "super-depreciation" of 30% on investments for three years and gradual corporate tax cuts. The government will fully compensate municipalities and partially compensate states for resulting revenue losses, using VAT and €8 billion in funds for education, childcare, science, and hospital modernization respectively.

welt.de

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Jul 17, 13:12

German Chemical Industry Stabilizes, but Recovery Remains Elusive

The German chemical and pharmaceutical industry's turnover slightly decreased by 0.5 percent to €107 billion in the first half of 2024, while production fell by 1 percent; however, the pharmaceutical sector showed a 2 percent production increase, counteracting the 3 percent decrease in the chemical ...

German Chemical Industry Stabilizes, but Recovery Remains Elusive

The German chemical and pharmaceutical industry's turnover slightly decreased by 0.5 percent to €107 billion in the first half of 2024, while production fell by 1 percent; however, the pharmaceutical sector showed a 2 percent production increase, counteracting the 3 percent decrease in the chemical ...

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What is the overall state of the German chemical and pharmaceutical industry, and what are the most immediate consequences of its current performance?

The German chemical and pharmaceutical industry showed slight stabilization in the first half of 2024, with a minimal 0.5 percent decrease in turnover to €107 billion and a 1 percent drop in production. However, around 40 percent of member companies reported a lack of orders, indicating the industry hasn't fully recovered.

sueddeutsche.de

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Jul 23, 07:14

Germany's €6.5 Billion Electricity Relief Package Faces Implementation Challenges

German Economics Minister Katharina Reiche is ensuring a €6.5 billion electricity cost relief package, covering transmission grid fees and levies, reaches consumers despite regional fee variations and the role of energy providers; further relief hinges on economic growth.

Germany's €6.5 Billion Electricity Relief Package Faces Implementation Challenges

German Economics Minister Katharina Reiche is ensuring a €6.5 billion electricity cost relief package, covering transmission grid fees and levies, reaches consumers despite regional fee variations and the role of energy providers; further relief hinges on economic growth.

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Affordable and Clean Energy

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What are the regional disparities in electricity grid fees in Germany, and how do these affect the distribution of the cost relief package?

The German government aims to alleviate electricity costs through a €6.5 billion relief package, partially covering transmission grid fees and levies. This measure faces challenges in ensuring complete pass-through to consumers due to regional variations in grid fees and the role of energy providers. The government plans further relief, contingent on economic growth, aiming to lower electricity costs for all consumers as stated in the coalition agreement.

zeit.de

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Jul 22, 13:12

German Tax Revenues Surge 8.1% in First Half of 2025, but Sustainability Questioned

German tax revenues increased by 8.1 percent to €447.6 billion in the first half of 2025, driven by higher income, inheritance, and capital gains taxes, despite concerns about the sustainability of this growth due to exceptional cases and economic slowdown.

German Tax Revenues Surge 8.1% in First Half of 2025, but Sustainability Questioned

German tax revenues increased by 8.1 percent to €447.6 billion in the first half of 2025, driven by higher income, inheritance, and capital gains taxes, despite concerns about the sustainability of this growth due to exceptional cases and economic slowdown.

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Reduced Inequality

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What is the overall impact of the unexpectedly high German tax revenue in the first half of 2025 on the national budget and economic outlook?

German tax revenues surged 8.1 percent to €447.6 billion in the first half of 2025, exceeding expectations. This increase was driven by higher income, inheritance, and capital gains taxes. However, experts caution that these gains are partly due to exceptional cases and may not be sustainable.

dw.com

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Jul 21, 22:12

German Businesses Pledge €631 Billion Investment to Boost Economy

German Chancellor Friedrich Merz announced a €631 billion investment plan ("Made for Germany") by 61 companies over three years to revitalize the German economy after two years of recession, spurred by inflation, energy costs, and international competition.

German Businesses Pledge €631 Billion Investment to Boost Economy

German Chancellor Friedrich Merz announced a €631 billion investment plan ("Made for Germany") by 61 companies over three years to revitalize the German economy after two years of recession, spurred by inflation, energy costs, and international competition.

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What is the immediate economic impact of the "Made for Germany" initiative on Germany's economic outlook?

Made for Germany", a new initiative, will see 61 major German companies invest at least €631 billion in the German economy over the next three years. This investment aims to boost industrial output, research and development, and infrastructure modernization, potentially leveraging additional private capital.

welt.de

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Jul 21, 13:15

German Businesses Pledge €631 Billion to Revive Stagnant Economy

Sixty-one German companies and investors committed €631 billion to revitalize Germany's economy over three years, addressing three years of stagnant growth through investments in new sites, R&D, and infrastructure modernization, spurred by an initiative called "Made for Germany.

German Businesses Pledge €631 Billion to Revive Stagnant Economy

Sixty-one German companies and investors committed €631 billion to revitalize Germany's economy over three years, addressing three years of stagnant growth through investments in new sites, R&D, and infrastructure modernization, spurred by an initiative called "Made for Germany.

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How does this private investment initiative relate to the German government's existing plans for infrastructure and climate investments?

The €631 billion investment, involving 61 companies and investors, signifies a concerted effort to counter Germany's economic slowdown, which has persisted for three consecutive years. A substantial portion represents new investments, signaling confidence in the German market and aiming to attract further international investment.

dw.com

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Jul 21, 13:15

Merz Seeks Private Investment to Boost German Economy

German Chancellor Friedrich Merz met with executives from approximately 30 major companies, including Siemens and Deutsche Bank, on July 21, 2025, in Berlin, urging increased investment to revitalize Germany's struggling economy, which has experienced two years of recession; the government's €500 bi...

Merz Seeks Private Investment to Boost German Economy

German Chancellor Friedrich Merz met with executives from approximately 30 major companies, including Siemens and Deutsche Bank, on July 21, 2025, in Berlin, urging increased investment to revitalize Germany's struggling economy, which has experienced two years of recession; the government's €500 bi...

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What immediate actions are being taken by the German government to stimulate economic growth and what are the expected outcomes?

Chancellor Merz met with German executives to encourage investment in the struggling German economy. Around 30 companies, including Siemens and Deutsche Bank, participated, outlining projects under the 'Made for Germany' initiative. The government has already approved billions in tax relief and a €500 billion infrastructure fund, but private investment is deemed crucial.

welt.de

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Jul 17, 16:15

German Chemical Industry Reports Sharp Decline, Warns of Downward Spiral

The German chemical industry reported a 1% decrease in overall production in the first half of 2025, with chemical sales down 2% and production down 3%, while the pharmaceutical sector saw production rise 2% and sales 5%; the VCI president warned of an impending downward spiral due to order shortage...

German Chemical Industry Reports Sharp Decline, Warns of Downward Spiral

The German chemical industry reported a 1% decrease in overall production in the first half of 2025, with chemical sales down 2% and production down 3%, while the pharmaceutical sector saw production rise 2% and sales 5%; the VCI president warned of an impending downward spiral due to order shortage...

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How do the challenges faced by the German chemical industry relate to broader economic trends in Germany and Europe?

This downturn is linked to a significant 40% of companies reporting insufficient orders, resulting in an average plant utilization rate below 80%. This situation reflects broader economic challenges and the industry's role as a key indicator of German industrial health.

Showing 61 to 72 of 557 results