Germany’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 …
Euros
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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Business
Kenfo’s Anja Mikus aims to grow 25 billion euros into 130 billion
by Leo Müllerby Leo MüllerKenfo Chief Anja Mikus Maps Plan to Grow €25bn State Fund into €130bn Kenfo chief Anja Mikus outlines a long-term strategy for Germany’s €25bn sovereign fund to reach €130bn, advocating …
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Business
Stellantis unveils Filosa plan to reach 190 billion euros in revenue
by Leo Müllerby Leo MüllerStellantis strategy: Filosa outlines €190bn target and 7% margin with battery and Tata partnerships Stellantis strategy: CEO Antonio Filosa reveals a five-year plan to hit €190bn revenue and 7% margin …
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Business
Rheinmetall offers to finish F126 frigate project for 12 billion euros
by Leo Müllerby Leo MüllerRheinmetall 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 …