Today: July 05, 2024
Today: July 05, 2024

Latest From Maria Martinez

Business|Economy

Downturn in German manufacturing suffers fresh setback, PMI shows

The downturn in Germany's manufacturing sector, which accounts for about a fifth of Europe's biggest economy, experienced a fresh setback in June as output and new

Downturn in German manufacturing suffers fresh setback, PMI shows
Economy|News

Inflation down in five German states, pointing to national decline

Inflation fell in five important German states in June, preliminary data showed on Monday, suggesting that national inflation could decline this month.

Inflation down in five German states, pointing to national decline
Economy|Political

What next for Germany's contentious 2025 budget?

Germany's three-way coalition has been battling for months to resolve differences over next year's budget.

What next for Germany's contentious 2025 budget?
Economy|Political

German government working intensively on 2025 draft budget, minister says

The German government is working intensively on the 2025 draft budget, German Finance Minister Christian Lindner said on Thursday.

German government working intensively on 2025 draft budget, minister says
Economy|News|Political

New EU fiscal rules to narrow Germany's fiscal room, finance ministry says

New European Union rules further restrict Germany's fiscal space for its budgets, requiring stricter adjustments than under national regulations, the finance

Economy|Environment|Political

German economy minister urges China to shift from coal power

German Economy Minister Robert Habeck said on Sunday that China was indispensable to achieving global climate goals and must find a safe alternative to

German economy minister urges China to shift from coal power
Business|Economy|Technology

EU and China set for talks on planned electric vehicle tariffs

China and the European Union have agreed to start talks on the planned imposition of tariffs on Chinese-made electric vehicles (EVs) being imported into the

EU and China set for talks on planned electric vehicle tariffs
Business|Economy|Political|World

German trade focus could pivot from China to US

Economy Minister Robert Habeck will underline Germany's resolve to pursue commercial links with China during a visit starting Friday but trade experts say

German trade focus could pivot from China to US
Economy|Political|World

Germany's China strategy needs updating, economy minister says

Germany's strategy on China needs to be updated to include a longer-term plan and take account of Europe's approach, German Economy Minister Robert Habeck said on

Germany's China strategy needs updating, economy minister says
Business|Economy

Germany sees a like-minded trade ally in South Korea

Germany's economy minister touches down in South Korea on Thursday in the first leg of a trip to Asia, seeking to deepen ties with the region's fourth-largest

Germany sees a like-minded trade ally in South Korea
Economy|News|Political

Germany doesn't expect a solution to EU tariff tensions on China trip

In his trip to China, Germany's Economy Minister Robert Habeck doesn't expect to reach a solution on trade tensions after the EU threatened to impose

Germany doesn't expect a solution to EU tariff tensions on China trip
Business|Economy|Political

German deputy leader visits China as EU tariff tensions simmer

German Economy Minister Robert Habeck set off on Wednesday for a visit to China to try to deepen economic ties while helping manage the fallout of the EU's threat

German deputy leader visits China as EU tariff tensions simmer
Economy

Germany's May inflation rises to 2.8% on higher services prices

German inflation rose in May due to higher services prices, the federal statistics office said on Wednesday, confirming preliminary data.

Germany's May inflation rises to 2.8% on higher services prices
Business|Economy

German business sentiment stagnates in May

German business morale stagnated in May, a survey showed on Monday, falling short of a forecast improvement and suggesting the recovery of Germany's economy this

German business sentiment stagnates in May
Economy

German economy grew 0.2% in Q1, stats office confirms

The German economy grew by 0.2% in the first three months of 2024, the statistics office reported on Friday, confirming preliminary data.

German economy grew 0.2% in Q1, stats office confirms
Economy

German experts cut their tax revenue forecasts for 2024-28 by 1.5%

Germany's council of tax experts cut their forecast for total tax revenue over the next five years by 1.5% on Thursday, which could add another layer of complexity

German experts cut their tax revenue forecasts for 2024-28 by 1.5%
Business|Economy

Fears of German 'de-industrialisation' may be overblown - for now

High energy costs, weak global demand, a disruptive shift towards net-zero economies, and growing competition from China are raising existential questions for

Fears of German 'de-industrialisation' may be overblown - for now
Business|Economy

German services sector picks up pace in April, PMI shows

Business activity in Germany's services sector picked up pace at the start of the second quarter, supported by growth in new orders, a survey showed on Monday.

German services sector picks up pace in April, PMI shows
Economy

German exports rise more than expected in January

German exports rose more than expected at the start of the year thanks to rising demand from EU countries and China, data from the federal statistics office showed on

German exports rise more than expected in January
Business|Economy|News

Germany should consider easing debt brake, says IMF

Germany faces rising spending pressures and the government should consider easing the debt brake, the International Monetary Fund said on Tuesday, but finance

Germany should consider easing debt brake, says IMF
Economy|News

German economic advisers cut 2024 growth forecast to 0.2%

The German Council of Economic Experts cut on Wednesday its forecasts for economic growth this year, postponing the expected recovery of the euro zone's largest

German economic advisers cut 2024 growth forecast to 0.2%
Economy|News|World

German business activity returns to growth in April, PMI survey shows

Germany's private sector unexpectedly returned to growth in April, driven by a solid rise in activity in the country’s service sector, a preliminary survey showed

German business activity returns to growth in April, PMI survey shows
Economy|News|World

German inflation creeps up to 2.4% in April

German inflation rose slightly in April due to higher food prices and a smaller drop in energy prices than in previous months, preliminary data from the federal

German inflation creeps up to 2.4% in April
Economy|News|World

German economy skirts recession, helped by construction and exports

The German economy skirted a recession at the start of the year, growing more than expected thanks to the construction sector and exports, preliminary data showed

German economy skirts recession, helped by construction and exports
Business|Economy|News|World

German unemployment rises more than expected, labour office says

The number of people out of work in Germany rose more than expected in April, Federal Labour Office figures showed on Tuesday.

German unemployment rises more than expected, labour office says

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