As Donald Trump prepares for his second term as U.S. President, economic associations in Germany are warning of tough times ahead. The German Chamber of Commerce anticipates increased protectionism and trade barriers, which could complicate trade relations with the U.S.,…
Volkswagen has announced that it will not proceed with plans to close factories in Germany; however, over 35,000 jobs will still be cut by 2030. This decision follows negotiations with the labor union IG Metall after earlier reports suggested significant…
The DAX, Germany’s leading stock index, hits a historic milestone of 20,000 points despite the nation’s economic struggles. Factors contributing to this surge include anticipated interest rate cuts from the US Federal Reserve and the European Central Bank, alongside strong…
The Bundesbank has raised concerns about potential instability in the German financial system, particularly regarding commercial real estate and life insurance companies. In a presentation of the 2024 Financial Stability Report, Michael Theurer, a Bundesbank board member, warned of high…
The instability in the German economy is heightened by the collapse of the coalition government and the upcoming inauguration of Donald Trump as U.S. president. Many mid-sized companies, like Wörner Automatisierungstechnik, face declining orders and production cuts. Business leaders express…
Donald Trump’s election has divided the financial markets, particularly affecting DAX companies. While some firms, like Rheinmetall, surged due to anticipated increased defense spending, others, including major automotive companies and Bayer, experienced steep declines. Analysts highlight a prevailing ‘Trump Effect’…
Despite a challenging economic climate in Germany, certain companies, like Denios and Trailer Dynamics, showcase resilience and innovation. Denios reports a 10% revenue increase, adapting to niche markets in environmental protection, particularly in China. Conversely, Trailer Dynamics, a young startup,…
Germany’s Council of Economic Experts forecasts a limited economic growth of just 0.4% for 2025, following a slight recession of 0.1% expected this year. While the government estimates a growth rate of 1.1% for the upcoming year, the experts urge…
Volkswagen, once a symbol of German prosperity, is facing significant challenges as the company plans to close at least three factories, potentially leading to tens of thousands of job losses. Former VW historian Manfred Grieger highlights the decline in the…
