State of the Union: The Council President who stunned Brussels

[ad_1] This week, EU Council President Charles Michel announced that he would resign to run for a seat in the European Parliament. ADVERTISEMENT When Ukrainians listen to European leaders talk…

Germany’s Lost Year Is Over But 2024 May Not Be Much Better

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Budget Blow Risks Incapacitating Germany’s Ruling Coalition

[ad_1] Sign up to receive the Balance of Power newsletter in your inbox, and follow Bloomberg Politics on X and Facebook for more. Chancellor Olaf Scholz’s coalition struggled to agree…

Germany sinks into recession – as UK avoids one

[ad_1] Joerg Kraemer, chief economist at Commerzbank, said: “The massive rise in energy prices took its toll in the winter half-year.” Claus Vistesen at Pantheon Macroeconomics said the recession was…

German Business Expectations Fall, Dampening Hope of Rebound

[ad_1] German business expectations worsened for the first time since August, undermining hopes that a recovery in Europe’s biggest economy will take hold early next year. An expectations gauge by…

Arrogant Germany is incapable of saving itself

[ad_1] Sewing correctly argued that his countrymen had, for too long, erroneously held “the idea that the economy will continue to run itself and that we don’t have to do…

Germany at risk of becoming the sick man of Europe again

[ad_1] Indecision is sending the economy down a path of stagnation that will last for years, warns Hopper at the German-British Chamber of Commerce. “There will be a prolonged period…

Thanks to Putin, Business Is Booming for Germany’s Defense Contractors

[ad_1] The region between Hamburg and Hanover is known for its landscape of heaths and forests dotted by hamlets of red-brick-and-timber houses. What you don’t immediately see is much evidence…

Invisible poverty: homelessness is on the rise in Germany

[ad_1] Experts believe the government won’t keep its promise to end homelessness in Berlin by 2030. ADVERTISEMENT Rising living costs, a meagre housing supply and increased accommodation prices are hitting…

Thousands of German restaurants may go under when VAT rises

[ad_1] “12,000 companies will not survive. They will either give up or go into insolvency,” Ingrid Hartges of DEHOGA, the hotel and restaurant body, said. ADVERTISEMENT Germany’s hotels and restaurants…