Germany News

Germany's Economy Faces Continued Stagnation in Early 2025, Bundesbank Reports

The Deutsche Bundesbank forecasts continued economic stagnation for Germany in early 2025, with high inflation rates expected to decrease in the coming months, offering some relief...

Germany's Spending Dilemma: Allianz CEO Highlights Urgent Need for Investment Shift

Allianz SE's CEO Oliver Bate criticizes Germany's spending imbalance, emphasizing the need for more investment in essential services like transportation and education to support th...

Germany Gives Green Light to Rheinmetall-Leonardo Military Vehicle Collaboration

Germany has approved a joint venture between Rheinmetall and Leonardo to develop and manufacture military combat vehicles. The new company, Leonardo Rheinmetall Military Vehicles, ...

Germany's Industrial Surge: A 1.5% Rise in November Signals Economic Resilience

Germany's industrial production rose by 1.5% in November, with significant growth in the energy and transport equipment sectors. Despite a year-on-year decline, the increase signal...

Germany's Trade Surplus Sees a Significant Rise to €19.7 Billion in November

Germany's trade surplus increased to €19.7 billion in November, with exports and imports showing mixed trends. Exports to non-EU countries rose, while trade with EU countries saw a...

Germany Issues Warning to Meta Over Removal of Fact-Checkers in Europe

Germany warns Meta Platforms Inc. against removing fact-checkers in Europe, highlighting the importance of such practices under the DSA to avoid sanctions. This follows Meta's anno...

Germany Adjusts December Inflation Rate Downward to 2.8%, Surpassing ECB Target Again

Germany's December inflation was adjusted to 2.8%, slightly down from the initial 2.9% forecast. The annual inflation rate rose to 2.6%, marking the third month above the ECB's 2% ...

Germany's Unemployment Rate Climbs to 6% in December, Marking a Slight Increase

Germany's unemployment rate increased to 6% in December, with 2,807,000 people unemployed, marking a rise from the previous month and year. Underemployment also saw an increase, hi...

Germany's Producer Prices Experience First Annual Increase in Over a Year

Germany's producer prices grew by 0.1% in November, the first annual increase since June 2023, according to Destatis. The index rose 0.5% month-over-month, with notable rises in ca...

Germany's Trade Surplus Drops to €13.4 Billion in October

Germany's trade surplus dropped to €13.4 billion in October, down from September's €16.9 billion and €18.9 billion in October 2023. Exports and imports both saw changes, with signi...

Germany's Economic Crisis: Energy Shock Exposes Longstanding Weaknesses

Germany's once-thriving economy is now struggling due to an energy crisis, exposing longstanding weaknesses. The International Monetary Fund and the European Union expect Germany's...