Athens housing market soars as prices double and affordable supply dwindles Athens housing market is overheating: prices have doubled since 2017, tourism and foreign buyers shrink supply while the city …
Leo Müller
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Business
German Consumer Confidence Falls to Lowest Since February 2023 as HDE Warns
by Leo Müllerby Leo MüllerGerman consumer sentiment falls to lowest since February 2023 as energy costs and inflation bite German consumer sentiment falls to its lowest level since February 2023, with the HDE Consumer …
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Business
German retail landlords urged to negotiate with banks to prevent mass vacancies
by Leo Müllerby Leo MüllerGerman retail crisis forces landlords to renegotiate as vacancy risk rises Insolvency lawyer Stefan Denkhaus warns landlords to offer concessions amid the German retail crisis to prevent a wave of …
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Business
GameStop launches $56 billion bid to acquire eBay and challenge Amazon
by Leo Müllerby Leo MüllerGameStop bid for eBay: Ryan Cohen offers $56 billion cash-and-stock takeover GameStop bid for eBay: Ryan Cohen has proposed a roughly $56 billion cash-and-stock offer, including $125 per share and …
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Business
Asia pivots to solar for energy security, risks growing China dependence
by Leo Müllerby Leo MüllerAsian energy transition accelerates as Iran war chokes oil and gas supplies Asian energy transition accelerates after Iran war disrupts oil and gas flows; nations import Chinese solar panels en …
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Business
Older engineers hit by downturn as firms push early retirement packages
by Leo Müllerby Leo MüllerOlder workers face surge in layoffs as companies push early retirement offers Older workers hit by job cuts and early-retirement packages as plant closures and cost-cutting measures force experienced staff …
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Business
German winemakers warn price collapse and falling demand threaten survival
by Leo Müllerby Leo MüllerGerman winemakers face collapsing prices and rising costs as demand falls German winemakers confront collapsing bulk prices, surging input costs and declining domestic demand, forcing consolidation, mechanisation and painful staff …
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Business
Montezemolo seeks approval to launch 30 high-speed trains in Germany
by Leo Müllerby Leo MüllerMontezemolo Eyes Italo High-Speed Trains in Germany with 30 Siemens Sets from 2028 Luca Cordero di Montezemolo is planning to introduce Italo high-speed trains in Germany from 2028, proposing 30 …
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UAE Exit from OPEC Spurs OPEC+ to Raise June Oil Production OPEC+ members pledge an extra 188,000 barrels per day for June after the UAE exit from OPEC, a move …
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Business
Institute warns German economy faces prolonged stagnation as investment stalls
by Leo Müllerby Leo MüllerGerman economic growth outlook darkens as key market indicator plunges further German economic growth is under renewed pressure after a leading financial-market indicator collapsed in March and fell again in …