Germany launches Frühstartrente: €10 monthly pension deposit for children starting with 2020 birth cohort Germany’s Frühstartrente will credit €10 a month into capital accounts for children aged 6–18 if parents …
Euros
-
Business
AliExpress fined 550 million euros by EU for selling illegal products
by Leo Müllerby Leo MüllerAliExpress fine: EU levies €550 million penalty over illegal products sold on platform The European Commission fined AliExpress €550 million for failing to remove counterfeit, unsafe and banned goods, a …
-
Business
AliExpress Fined 550 Million Euros by European Commission Over Illegal Products
by Leo Müllerby Leo MüllerAliExpress fined €550 million by EU over failure to curb illegal products EU issues €550m AliExpress fine under the Digital Services Act for unsafe, counterfeit and illegally sold goods on …
-
Business
Germany plans to borrow 838.5 billion euros for defense and infrastructure
by Leo Müllerby Leo MüllerGermany’s borrowing plan of €838.5bn for 2027–2030 raises alarm over interest costs, procurement inflation and whether investments will deliver lasting benefits Germany’s borrowing plan of €838.5bn for 2027–2030 has sparked …
-
Business
Pharma industry warns coalition health bill will cost sector 19.2 billion euros
by Leo Müllerby Leo MüllerGerman pharmaceutical industry warns of €4.6bn extra burden from healthcare savings law German pharmaceutical industry warns new healthcare savings law will impose €4.6bn extra on drugmakers via higher rebates and …
-
Business
KNDS stake purchase approved as Germany commits 7.2 billion euros
by Leo Müllerby Leo MüllerGermany to Buy Up to €7.2bn Stake to Secure KNDS Ownership Bundestag committee approves up to €7.2bn via KfW for a 40% German stake in KNDS with France; IPO set …
-
Business
Chinese yuan undervaluation costs German economy 43 billion euros, study finds
by Leo Müllerby Leo MüllerYuan undervaluation costs German economy billions, IW study finds IW study says China’s yuan undervaluation costs Germany billions; a 40% simulated appreciation could boost GDP by 0.3% and add €43bn …
-
Business
German Foreign Office confirms five million euros overpaid to staff abroad
by Leo Müllerby Leo MüllerForeign allowance error: German Foreign Office overpaid €5 million to overseas staff A calculation error in foreign allowances led to a €5 million overpayment to German overseas staff, the Foreign …
-
Business
Undervalued yuan costs German economy 43 billion euros by 2028, study finds
by Leo Müllerby Leo MüllerChina’s undervalued yuan costs Germany billions, IW study shows A new study by the German Economic Institute (IW), funded by the Federal Foreign Office, finds that an undervalued yuan has …
-
Business
Calabria minivan fire kills four migrants after dispute over a few euros
by Leo Müllerby Leo MüllerAmendolara minivan burning kills four migrant farmworkers in Calabria Four migrant farmworkers were found burned alive in a minivan at a service station near Amendolara, Calabria, after assailants doused the …