Business

German nursing care reform to cut benefits and tighten access ahead of May 20 cabinet vote German nursing care reform faces tougher access rules and slower benefit increases as the …

Restaurant VAT cut fails to lower prices as German dining sector remains under pressure Despite a restaurant VAT cut to 7%, consumer prices for meals have not fallen; data show …

Bundesrat Rejects 1,000-euro Relief Bonus, Citing Fiscal Risks to States Bundesrat rejects the 1,000-euro relief bonus, prioritizing state budget stability; employers sidestep higher labour costs while businesses and workers face …

Porsche subsidiary closures: Stuttgart maker to close three units and affect roughly 500 jobs Porsche subsidiary closures will shutter Cellforce, eBike Performance and Cetitec, affecting around 500 employees as the …

Rheinmetall offers to finish troubled F126 frigate programme in multi-billion euro bid Rheinmetall proposes to complete the F126 frigate programme for Germany, offering to assume construction and delivery amid rising …

German gold reserves emerge as a possible source to close widening budget gap German gold reserves valued around €438bn could be used to close a growing budget gap, prompting debate …

Bohai Trimet Harzgerode Faces Collapse as Volkswagen Pulls Key Orders Harzgerode foundry Bohai Trimet Harzgerode faces closure after Volkswagen announced it will move major orders in autumn, threatening more than …

German fuel prices hit two-month low as E10 drops below €1.99 per liter German fuel prices hit a two-month low: E10 averaged €1.984/L and diesel €2.025/L. ADAC and ifo report …

Landlord lobby urges income-based modernization surcharge to shield low earners A German landlord association calls for modernization surcharge payments to be limited to higher-income tenants, saying fairness requires wealth-based allocation …