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Tag: Germany

Ifo: German economy to grow at 0.4 to 1.1 percent next year

News EditorialTeam -
The German economy will grow next year, but it is not yet clear how strongly. The Ifo economic institute...

VW is counting on plant closures in all scenarios, says employee representative

Business EditorialTeam -
German carmaker Volkswagen (VW) plans to close production plants in Germany in all scenarios it has presented to employee...

The sentiment in German companies has worsened again, industry has no orders

News EditorialTeam -
Business sentiment in Germany has deteriorated again this month. The business climate index compiled by the Munich-based Ifo economic...

Number of insolvencies in Germany in the quarter was the highest since 2010

News EditorialTeam -
The number of insolvencies in Germany was higher in the third quarter of this year than in any quarter...

Former Wirecard executives must pay €140 million in damages, court rules

News EditorialTeam -
A Munich court today ordered three former board members of the collapsed German financial services company Wirecard to pay...

Trump’s proposals to raise tariffs would hit the German economy hard

Economy EditorialTeam -
Germany's economy would shrink by at least 1.2 percent by 2028 if Donald Trump is re-elected president of the...

German investment in China rose to a record €11.9 billion last year

Business EditorialTeam -
Germany's foreign direct investment in China increased by 4.3 percent last year to a record €11.9 billion. China's share...

Wholesale prices in Germany fell the most in three years in September

News EditorialTeam -
Wholesale prices in Germany fell by 4.1 percent year-on-year in September, the most in three years. Europe's largest economy...

Germany’s unemployment rate remained at 5.7 percent in September

News EditorialTeam -
The number of people out of work in Germany increased by 10,000 to 2.642 million in September, according to...

Ifo: Business sentiment in Germany is poor, expectations slightly improved

News EditorialTeam -
Business sentiment in Germany deteriorated again in September, but the pace of decline slowed down significantly compared to the...

German economy stagnated in the second quarter, according to statistics

News EditorialTeam -
Germany's gross domestic product (GDP) remained unchanged in the second quarter compared to the previous three months, with the...

Taiwan’s TSMC wants to build its first European chip factory in Germany

News EditorialTeam -
Taiwanese chipmaker Taiwan Semiconductor Manufacturing (TSMC) plans to build its first European factory in Germany. The company said today...

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