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Culture news
Berlin's Komische Oper continues renovations despite budget cuts
Berlin's Komische Oper renovations are likely to continue as city of Berlin slashes culture budget by 10%. Director Philip Bröking says that the upcoming budget cuts are extremely painful and, for many, difficult to implement.
Business
Germany's consumer climate still low, DAX eyes fifth straight drop
Germany's GfK Consumer Confidence Index rose slightly, but despite beating expectations, sentiment remains fragile amid high inflation and job insecurity. The DAX fell 0.9%, marking its fifth loss, as European markets slid on hawkish Fed signals.
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Business
Can Germany's improving financial sentiment beat business pessimism?
Financial experts are more optimistic about Germany’s economy as the ZEW index rebounded more than expected in December, its highest in four months, driven by ECB rate cut prospects and snap elections. Yet, the ifo survey shows businesses remain far more pessimistic about 2025.
