Tag: Germany
VW is counting on plant closures in all scenarios, says employee...
German carmaker Volkswagen (VW) plans to close production plants in Germany in all scenarios it has presented to employee representatives. VW works council chairwoman...
The sentiment in German companies has worsened again, industry has no...
Business sentiment in Germany has deteriorated again this month. The business climate index compiled by the Munich-based Ifo economic institute fell for the second...
Number of insolvencies in Germany in the quarter was the highest...
The number of insolvencies in Germany was higher in the third quarter of this year than in any quarter since 2010. The current downturn...
Former Wirecard executives must pay €140 million in damages, court rules
A Munich court today ordered three former board members of the collapsed German financial services company Wirecard to pay €140 million in damages plus...
Trump’s proposals to raise tariffs would hit the German economy hard
Germany's economy would shrink by at least 1.2 percent by 2028 if Donald Trump is re-elected president of the United States and implements his...
German investment in China rose to a record €11.9 billion last...
Germany's foreign direct investment in China increased by 4.3 percent last year to a record €11.9 billion. China's share of the country's total investment...
Wholesale prices in Germany fell the most in three years in...
Wholesale prices in Germany fell by 4.1 percent year-on-year in September, the most in three years. Europe's largest economy is set for another consecutive...
Germany’s unemployment rate remained at 5.7 percent in September
The number of people out of work in Germany increased by 10,000 to 2.642 million in September, according to seasonally adjusted data. This was...
Ifo: Business sentiment in Germany is poor, expectations slightly improved
Business sentiment in Germany deteriorated again in September, but the pace of decline slowed down significantly compared to the previous four months. The value...
German economy stagnated in the second quarter, according to statistics
Germany's gross domestic product (GDP) remained unchanged in the second quarter compared to the previous three months, with the economy contracting by 0.2 percent...
