German factory orders fell faster than expected in April, official data showed Monday, with little hope for a revival as the Iran war weighs on the economy.
Almost half of European small and medium companies struggle to find workers with the skills they need but recruitment outside the EU remains “limited” and “too difficult”, a recent Eurobarometer survey published by the European Commission had shown.
The finance ministers of the European Union's six biggest economies said Friday they had agreed on steps to better integrate financial markets and make investments flow seamlessly across the bloc.
Trump's abrupt announcement that the US would pull thousands of troops out of Germany came as a shock to Europe, but ultimately it may be a few small villages in Bavaria and the military personnel themselves that really feel the impact.
In recent months a number of Germany's largest companies have announced major job cuts affecting tens of thousands of workers. Here's a roundup of the businesses where workers will be affected.
German premium carmaker BMW said Wednesday it expected trade tensions between the EU and United States to subside despite US President Donald Trump's threat to hike tariffs on European cars.
The European Union's mammoth trade deal with South American bloc Mercosur provisionally enters into force Friday, despite a pending court ruling on its legality.
Germany is set to continue taking on huge amounts of new debt each year for the foreseeable future as it continues to ramp up spending on defence and infrastructure. Meanwhile residents can expect a few new and increased consumption taxes.
Defence and security-related firms for the first time have their own section at the world's top industrial fair in Hanover this week -- a sign of the times as Germany embarks on a massive rearmament drive.
The German government on Wednesday halved its growth forecast for this year as the energy shock triggered by the Middle East war hammers Europe's biggest economy.
Humanoid robots were on full display at an industry trade fair in Hanover this week. Chancellor Merz endorsed AI technologies as key to reviving German industry, but China still dominates the sector.
German investor morale slid to its lowest level in over three years in April, a survey showed Tuesday, as the Middle East war threatens to snuff out a tentative recovery in Europe's top economy.
German exports rebounded more strongly than expected in February, official data showed Thursday, but there was a surprise slump in industrial production.
Germany's top economic institutes have slashed its growth forecast and warned about a notable increase in consumer prices. So how much inflation is expected and what will the government do about it?
Increased German government debt spending designed to boost infrastructure investment is being misused, economists charged Tuesday, warning that Berlin risked wasting a chance to revive its moribund economy.
Germany's energy-hungry industries are sounding the alarm about the devastating impacts of the Middle East war as companies battle problems from surging power costs to snarled supply chains.
The number of Germans in employment is steadily falling as older workers retire. This makes foreign workers, including both skilled workers and working asylum seekers, increasingly important to the country's economy and social systems.
In the Middle East energy exports to Europe have been disrupted by the conflict between the US, Israel and Iran that has spilled into surrounding regions. Economic experts are predicting a spike in inflation.
German inflation unexpectedly slowed in February, official data showed Friday, bolstering expectations that the European Central Bank will keep interest rates on hold for some time.
Despite downturns and stagnation, Germany remains the world's third largest economy for the third year running, according to a new study. But India is expected to jump ahead by the end of the decade.
A proposal to let asylum seekers enter the German job market sooner has been welcomed by many lawmakers and economists, but critics warn that key exemptions and recent cuts to integration courses could undermine the effort.
German business morale posted its biggest rise in almost a year in February, data showed Monday, boosting hopes that Europe's top economy could be emerging from the worst of its slump.
