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Economy

German economy shrinks as household spending falls

Household spending dropped by 0.3%, driving the Germany economy into contraction in the three months to September.

Economy

Why is Germany having a budget crisis and freezing spending?

Germany is currently embroiled in a budget crisis following an emergency spending freeze. Euronews Business looks at why Europe's biggest economy is in trouble.

Economy

Why is Germany’s housebuilding industry collapsing?

Germany’s housebuilding industry is buckling under pressure from lagging and cancelled new orders and higher construction costs.

Business

German government's billion-euro support boosts Siemens Energy shares

Shares in Siemens Energy rose as much as 4.7% as sources revealed details of the agreement, which will be fully unveiled on Wednesday.

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Markets

Vodafone expands in Germany as group revenues lag

Vodafone first half (H1) results reveal increased growth in Germany whilst the group’s overall revenues fall behind due to more divestments.

Economy

Germany unveils costly new plan to cut electricity prices

The scheme is set to run for around five years and will likely cost up to €12 billion in its first year.

Business

The German missile supplier with big ambitions for the European market

The German supplier MBDA has big plans to provide defence systems in Europe but it’s facing stiff competition.

Economy

German inflation falls to its lowest level since start of Ukraine war

The inflation rate in Germany is expected to be 4.5% in September 2023.

Economy

The German GDP is shrinking by 0.6% this year

A new forecast expects the overall German economic output to contract this year, mainly due to a slower-than-expected recovery in the industry and private consumption.

Economy

How Germany lost its reputation as the economic envy of the world

The loss of cheap gas from Russia played a part, but decisions in the boom years are now being questioned.

Economy

Scholz calls for broad pact to slash bureaucracy and modernise Germany

The pact would include doing more to streamline notoriously lengthy planning processes, move forward the country's famously slow digitisation and speed up the building of new homes.

Economy

Germany expected to be only major economy not to grow this year

According to the latest figures from the International Monetary Fund, Germany's GDP is forecast to drop 0.3% this year while other countries continue to grow.

Economy

Why has Germany gone into recession?

Analysts worry the German economy could become "the black sheep of Europe".

Germany

Germany slips into recession, economy shrank 0.3% in first quarter

The figures were a blow to the German government, which last month boldly doubled its growth forecast for this year after a feared winter energy crunch failed to materialise.

Work

The Berlin start-ups tearing up capitalism and putting workers first

Berlin is one of Europe's hottest start-up hubs. But companies setting up there are doing things differently and it starts with where the power lies.

Germany

Pawnbrokers the winners as economic reality bites in Germany

"We have never seen such an increase," said German pawnbroker Nikolaus Bode

Germany

Two German ministry officials 'probed for spying for Russia'

The high-ranking officials are allegedly responsible for sensitive energy issues.

Germany

Pressure grows on German chancellor Scholz over alleged tax scam ties

Scholz has denied wrongdoing but is facing fresh questions over his meetings with a private bank in 2016 and 2017.

Earth News

Why is the EU delaying a ban on Russian coal to August?

The EU is banning Russian coal from coming into the bloc. But oil and gas, which represent far bigger imports from Moscow, are still untouched.

Travel News

Air traffic across Germany disrupted due to mass walkouts

Security workers are staging a full-day walkout at airports across Germany over pay disputes.