Tag #German Economy

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sueddeutsche.de

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Mar 15, 16:12

81,000 Protest in Germany for Industrial Investment

On March 15th, 2025, approximately 81,000 people across Germany, including 12,000 in Leipzig, protested for increased industrial investment and innovation, driven by concerns about job security and industrial competitiveness. IG Metall, the organizing union, called for targeted use of a proposed €50...

81,000 Protest in Germany for Industrial Investment

On March 15th, 2025, approximately 81,000 people across Germany, including 12,000 in Leipzig, protested for increased industrial investment and innovation, driven by concerns about job security and industrial competitiveness. IG Metall, the organizing union, called for targeted use of a proposed €50...

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What are the immediate economic and social consequences of insufficient investment in German industries, as highlighted by the Leipzig demonstration?

Around 12,000 people rallied in Leipzig, part of a nationwide 81,000-strong demonstration organized by IG Metall, demanding increased industrial investment and innovation funding. The union welcomed the planned €500 billion infrastructure fund but stressed the need for its targeted use in securing jobs and modernizing German industry.

welt.de

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Mar 15, 04:10

German Business Startups Rise Slightly, But Trend Remains Sideways

Germany saw a 3 percent rise in business startups in 2024, reaching 585,000, but this follows a sideways trend since 2018, with many founders preferring part-time ventures due to a difficult job market; however, the number of businesses closing still outnumbers new ones.

German Business Startups Rise Slightly, But Trend Remains Sideways

Germany saw a 3 percent rise in business startups in 2024, reaching 585,000, but this follows a sideways trend since 2018, with many founders preferring part-time ventures due to a difficult job market; however, the number of businesses closing still outnumbers new ones.

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What is the current state of business startups in Germany, and what are the immediate implications of the recent 3 percent increase?

The number of new businesses in Germany increased by 3 percent in 2024, reaching 585,000, yet this represents a continued sideways trend since 2018. While 115 out of every 10,000 people aged 18-64 started businesses, this is down from approximately 800,000 a decade ago and 1.3 million two decades prior. A significant portion (31 percent) of founders prefer employment, viewing self-employment as a stepping stone.

welt.de

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Mar 14, 13:11

German Company Insolvencies Surge 12.1 Percent in February 2025"

German company insolvencies rose 12.1 percent in February 2025 compared to the previous year, reaching 21,812 for 2024 (a 22.4 percent increase), driven by a 127.5 percent surge in large insolvencies exceeding \$25 million, totaling 314 cases; creditor claims more than doubled to \$58.1 billion.

German Company Insolvencies Surge 12.1 Percent in February 2025"

German company insolvencies rose 12.1 percent in February 2025 compared to the previous year, reaching 21,812 for 2024 (a 22.4 percent increase), driven by a 127.5 percent surge in large insolvencies exceeding \$25 million, totaling 314 cases; creditor claims more than doubled to \$58.1 billion.

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What is the immediate impact of the significant rise in German company insolvencies in February 2025, and what are the most affected sectors?

In February 2025, German company insolvencies surged by 12.1 percent compared to the previous year, continuing a trend of double-digit increases since June 2023 (excluding June 2024). The total for 2024 reached 21,812, a 22.4 percent increase over 2023, exceeding the previous high in 2015. Creditor claims more than doubled to \$58.1 billion.

kathimerini.gr

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Mar 13, 22:12

Germany's Fiscal Stimulus Shifts Global Capital Flows to Europe

Germany's planned €1.8 trillion investment in defense and infrastructure is attracting massive investment to Europe, shifting global capital flows away from the US due to concerns about Trump's trade policies and Europe's previously perceived vulnerabilities, causing the Euro to strengthen against t...

Germany's Fiscal Stimulus Shifts Global Capital Flows to Europe

Germany's planned €1.8 trillion investment in defense and infrastructure is attracting massive investment to Europe, shifting global capital flows away from the US due to concerns about Trump's trade policies and Europe's previously perceived vulnerabilities, causing the Euro to strengthen against t...

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What is the primary economic impact of Germany's €1.8 trillion investment in defense and infrastructure, and how does this affect global capital flows?

Germany's unprecedented fiscal expansion, allocating approximately €1.8 trillion for defense and infrastructure, is attracting significant investment, shifting global capital flows away from the US. This follows a change in geopolitical dynamics, with Europe bolstering its defense capabilities due to perceived vulnerabilities exposed by the Trump administration's policies.

welt.de

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Mar 13, 10:10

German Employee Disengagement Costs Billions

A Gallup study reveals a sharp rise in German employees working to rule, reaching 78% in 2024, resulting in estimated economic losses of €113 billion to €135 billion due to decreased productivity and a record low of 9% of employees having high emotional attachment to their employer.

German Employee Disengagement Costs Billions

A Gallup study reveals a sharp rise in German employees working to rule, reaching 78% in 2024, resulting in estimated economic losses of €113 billion to €135 billion due to decreased productivity and a record low of 9% of employees having high emotional attachment to their employer.

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What is the economic impact of the increase in "Dienst nach Vorschrift" in Germany, and how does it affect productivity?

Dienst nach Vorschrift" (working to rule) has significantly increased in Germany, with 78% of employees now engaging in it, up from 67% in 2023. This translates to almost two million fewer engaged employees. Consequently, Gallup estimates the economic cost of reduced productivity due to disengagement between €113 billion and €135 billion.

zeit.de

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Mar 13, 16:12

Saxony-Anhalt Businesses Face Economic Headwinds

Businesses in Saxony-Anhalt are pessimistic about 2025 due to weak sales and high costs, urging for governmental reforms in energy, taxes, and bureaucracy, while welcoming a planned €500 billion infrastructure fund.

Saxony-Anhalt Businesses Face Economic Headwinds

Businesses in Saxony-Anhalt are pessimistic about 2025 due to weak sales and high costs, urging for governmental reforms in energy, taxes, and bureaucracy, while welcoming a planned €500 billion infrastructure fund.

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How do high energy costs, taxes, and international competition affect businesses in Saxony-Anhalt?

The IHK's business climate index ended 2024 at -12.2 points, significantly worse than previous quarters. 70 percent of surveyed businesses identified economic policy as a key problem. Construction lacks orders, while retail and hospitality suffer from high costs. High energy and labor costs, coupled with high taxes compared to international competitors, hinder competitiveness.

welt.de

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Mar 15, 16:12

12,000 Rally in Leipzig to Demand €500 Billion for German Industrial Investment

Approximately 12,000 people joined a rally in Leipzig on October 26th, 2023, part of a nationwide IG Metall protest demanding €500 billion in industrial investments and innovation funding to secure jobs and modernize Germany's infrastructure, prompting debate about the allocation of funds and the co...

12,000 Rally in Leipzig to Demand €500 Billion for German Industrial Investment

Approximately 12,000 people joined a rally in Leipzig on October 26th, 2023, part of a nationwide IG Metall protest demanding €500 billion in industrial investments and innovation funding to secure jobs and modernize Germany's infrastructure, prompting debate about the allocation of funds and the co...

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What immediate actions are demanded by the demonstrators to ensure Germany's industrial future and job security, and what is the estimated cost of the proposed plan?

Around 12,000 people rallied in Leipzig, part of an 81,000-strong nationwide demonstration organized by IG Metall, demanding industrial investments and innovation funding. The union's leader, Ralf Reinstädtler, welcomed the planned €500 billion infrastructure fund but stressed the need for clear allocation to job security and industrial modernization.", A2="The Leipzig demonstration highlights a broader concern over Germany's industrial competitiveness and infrastructure. Participants demanded not only increased investment but also measures like a capped electricity price for both industry and consumers, to support sectors like the automotive industry. The event underscores the tension between labor's demands and industry's concerns over competitiveness.", A3="The long-term impact hinges on how the €500 billion fund is used and whether it addresses the concerns of both labor and industry. The success depends on aligning investment with innovation, coupled with regulatory and tax reforms to boost private investment, rather than solely relying on government spending. This will require compromise between stakeholders.", Q1="What immediate actions are demanded by the demonstrators to ensure Germany's industrial future and job security, and what is the estimated cost of the proposed plan?", Q2="How do the demands of IG Metall regarding industrial investment and worker compensation align with or conflict with the perspectives of employers' associations such as the VDMA?", Q3="What are the potential long-term economic and social consequences if Germany fails to adequately address the issues raised by the IG Metall demonstration, considering factors like global competition and demographic change?", ShortDescription="Approximately 12,000 people joined a rally in Leipzig on October 26th, 2023, part of a nationwide IG Metall protest demanding €500 billion in industrial investments and innovation funding to secure jobs and modernize Germany's infrastructure, prompting debate about the allocation of funds and the competitiveness of German industry.", ShortTitle="12,000 Rally in Leipzig to Demand €500 Billion for German Industrial Investment")) 运行代码print(default_api.final_result(A1=

dw.com

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Mar 14, 10:09

Rheinmetall's Record €55 Billion in Orders Amidst Increased Global Military Demand

Rheinmetall, a German arms manufacturer, reported a record €55 billion in orders, a €17 billion increase from last year, driven by global demand for military equipment amid the war in Ukraine; the company plans to hire 8,000 employees annually and anticipates 40,000 employees within two years.

Rheinmetall's Record €55 Billion in Orders Amidst Increased Global Military Demand

Rheinmetall, a German arms manufacturer, reported a record €55 billion in orders, a €17 billion increase from last year, driven by global demand for military equipment amid the war in Ukraine; the company plans to hire 8,000 employees annually and anticipates 40,000 employees within two years.

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How is the war in Ukraine affecting Rheinmetall's order book and its plans for expansion?

The company's success reflects a broader trend of increased European investment in defense due to geopolitical instability. Rheinmetall's order backlog indicates a significant shift in European defense spending and its dependence on domestic arms production. This is partly due to pressure from the United States to increase defense budgets among NATO members.

sueddeutsche.de

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Mar 14, 13:11

Daimler Truck Announces €1 Billion Cost-Cutting Program

Daimler Truck announced a cost-cutting program, "Cost Down Europe," aiming to reduce recurring costs by over €1 billion in its European truck division by 2030, including job cuts but excluding compulsory redundancies in Germany until 2029; negotiations with the works council are ongoing.

Daimler Truck Announces €1 Billion Cost-Cutting Program

Daimler Truck announced a cost-cutting program, "Cost Down Europe," aiming to reduce recurring costs by over €1 billion in its European truck division by 2030, including job cuts but excluding compulsory redundancies in Germany until 2029; negotiations with the works council are ongoing.

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What specific cost-cutting measures will Daimler Truck implement to address its declining profitability in the European truck market, and what are the immediate consequences?

Daimler Truck, facing a downturn in its European truck division, announced a "Cost Down Europe" program targeting over €1 billion in recurring cost reductions by 2030. This includes workforce reductions, though the company assures no compulsory redundancies in Germany until at least 2029. The program prioritizes Germany, where approximately 35,500 employees are currently working, excluding bus segment workers.

welt.de

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Mar 13, 13:11

Germany's 2026 GDP Growth Projected at 1.5 Percent Amidst Economic Challenges

Germany's 2026 GDP is projected to grow by 1.5 percent, according to the Kiel Institute, driven by increased public investments and less restrictive monetary policy, following two years of recession and expected 2025 stagnation; however, structural problems and US tariffs remain significant risks.

Germany's 2026 GDP Growth Projected at 1.5 Percent Amidst Economic Challenges

Germany's 2026 GDP is projected to grow by 1.5 percent, according to the Kiel Institute, driven by increased public investments and less restrictive monetary policy, following two years of recession and expected 2025 stagnation; however, structural problems and US tariffs remain significant risks.

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What are the potential negative impacts on the German economy, and how might these factors affect the overall economic outlook?

The IfW attributes the projected 2026 growth to a combination of factors including increased public investment (resulting from the coalition agreement's infrastructure plan), a less restrictive monetary policy, and an expected increase in investments after four consecutive years of decline. However, structural economic problems and potential US tariffs continue to pose significant challenges.

nrc.nl

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Mar 13, 16:12

Merz's Plan: Germany's €1 Trillion Bet on Economic and Strategic Independence

Following his election victory, Friedrich Merz (CDU/CSU) proposed using Germany's strict debt brake to invest €1 trillion in infrastructure and defense over 10 years, aiming for strategic independence from the US and addressing economic challenges like high energy prices and Chinese competition, whi...

Merz's Plan: Germany's €1 Trillion Bet on Economic and Strategic Independence

Following his election victory, Friedrich Merz (CDU/CSU) proposed using Germany's strict debt brake to invest €1 trillion in infrastructure and defense over 10 years, aiming for strategic independence from the US and addressing economic challenges like high energy prices and Chinese competition, whi...

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How does Merz's proposed economic stimulus address Germany's specific economic challenges, and what are the potential risks?

Merz's plan leverages Germany's strict debt brake to enable substantial investment in infrastructure and defense, totaling approximately €1 trillion over the next decade. This addresses longstanding economic issues, including high energy costs, intense Chinese competition, and two decades of underinvestment, while simultaneously bolstering Germany's strategic independence from the US and China. The initiative aims to stimulate private investment and economic growth.

taz.de

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Mar 12, 19:14

Germany's Debt Increase: Economic Growth or Future Burden?

Germany plans to increase its debt by roughly 60 percent to fund €500 billion in civilian and potentially €1 trillion in military investments, a move that will increase taxes for younger generations but is viewed positively by some economists like Carl Mühlbach who believe in the long-term economic ...

Germany's Debt Increase: Economic Growth or Future Burden?

Germany plans to increase its debt by roughly 60 percent to fund €500 billion in civilian and potentially €1 trillion in military investments, a move that will increase taxes for younger generations but is viewed positively by some economists like Carl Mühlbach who believe in the long-term economic ...

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Reduced Inequality

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What are the differing perspectives on the potential risks and benefits of Germany's increased spending and borrowing?

Mühlbach, a member of the SPD, argues that increased government spending on infrastructure and military will lead to higher productivity and economic growth, offsetting the increased debt. He co-founded FiscalFuture, a non-partisan organization focused on the financial perspectives of young people. This perspective contrasts with concerns raised by others about potential inflation and high interest costs from increased debt.

Showing 85 to 96 of 377 results