Tag #German Economy

Showing 73 to 84 of 377 results

zeit.de
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Hessian Chemical Industry Faces Revenue Drop Amidst Pharmaceutical Growth, US Trade Tensions

The Hessian chemical industry faced an 11% revenue drop to extasciitilde13.2 billion euros in 2024, while pharmaceutical sales grew by 8% to extasciitilde18 billion euros; however, this is threatened by potential US trade conflicts, impacting exports of approximately 3 billion euros; despite this, 1...

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48% Bias Score

Decent Work and Economic Growth
zeit.de
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German Economy Faces Sharp Downturn Amid Trade Wars and Weak Spending

Germany's economic growth forecast has been significantly lowered by the Ifo Institute and OECD due to trade conflicts and weak consumer spending, placing it near the bottom of OECD rankings, with growth projected at only 0.2% in 2024 and 0.4% in 2025, while inflation is expected to reach 2.4%.

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44% Bias Score

Decent Work and Economic Growth
zeit.de
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Audi to Cut 7,500 German Jobs by 2029

Audi announced 7,500 job cuts in Germany by 2029, primarily in administration and development, to improve efficiency and avoid compulsory redundancies until 2033, despite a previous proposal for 12,000 job cuts. Employee profit sharing will be reduced to offset costs.

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44% Bias Score

Decent Work and Economic Growth
welt.de
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Baywa Restructures Green Energy Subsidiary, Averts Equity Crisis

The Baywa Group announced a revised rescue plan for its struggling green energy subsidiary, Baywa r.e., securing €435 million in new loans and spinning off its stake to avoid negative equity and a potential shareholder meeting; this follows a €640 million net loss in the first nine months of 2024 an...

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40% Bias Score

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zeit.de
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Bavarian Banks Report Slight Profit Drop Despite Lending Growth

Bavarian Volks- und Raiffeisenbanken's 2024 annual surplus decreased by 6% to €454 million due to increased write-downs, mainly resulting from Baywa's financial troubles and partially offset by increased lending (€142 billion, up 2.7%) and deposits. A slight further profit reduction is anticipated i...

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44% Bias Score

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welt.de
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Germany Approves €100 Billion Infrastructure Package

Germany's coalition government agreed to a €100 billion infrastructure investment package, funded by increased borrowing and a relaxation of the debt brake for federal states, with distribution details to be finalized by March 24th.

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44% Bias Score

Reduced Inequality
taz.de
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Germany's €500 Billion Investment Plan: Hope Amidst Economic Slump

Germany's economy remains weak in March, but a planned €500 billion investment fund for infrastructure and climate neutrality offers potential for future growth, although concerns exist about its long-term effects and the need for structural reforms.

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48% Bias Score

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elpais.com
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Ifo Institute drastically cuts German GDP growth forecast to 0.2% for 2024

The Ifo Institute significantly lowered Germany's 2024 GDP growth forecast to 0.2%, citing weak demand, international competition, and political uncertainty as major factors; a slight recovery is projected for 2026.

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40% Bias Score

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dw.com
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Ifo Institute Predicts Minimal German GDP Growth in 2024

The Ifo Institute forecasts minimal 0.2% German GDP growth in 2024 due to weak consumer confidence, business investment hesitancy, and international competition, with some improvement predicted for 2026.

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36% Bias Score

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zeit.de
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Slight Rise in German Startups Driven by Part-Time Entrepreneurship

In 2024, Germany experienced a 3% rise in new businesses, totaling around 585,000, primarily driven by part-time entrepreneurs seeking additional income due to a challenging job market; this contrasts with a long-term decline since 2018, raising questions about the health of the German economy.

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60% Bias Score

Decent Work and Economic Growth
zeit.de
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Germany Approves €500 Billion Climate and Infrastructure Fund

Germany's coalition government approved a €500 billion special fund for climate and infrastructure investments, loosening the debt brake for defense, civil protection, and cybersecurity, with states receiving €100 billion and further negotiations pending on allocation and reforms.

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48% Bias Score

Climate Action
zeit.de
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Massive German Protest Demands Industrial Investment

Approximately 81,000 people, including 12,000 in Leipzig, protested nationwide on March 25th, demanding government investments in infrastructure and innovation to secure industrial jobs and modernize Germany's aging infrastructure, highlighting disagreements on how best to achieve this.

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40% Bias Score

Decent Work and Economic Growth

Showing 73 to 84 of 377 results