IMF downgrades Germany growth forecast to 0.7% for 2026 amid Iran conflict and energy shock IMF downgrades Germany growth forecast to 0.7% for 2026, citing the Iran conflict and higher …
German
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Business
German bakeries hit by 40 percent insolvency rise as government proposes longer opening hours
by Leo Müllerby Leo MüllerBakery Insolvencies in Germany Rise 40% as 63 Bakeries File in First Half German bakery insolvencies surged as 63 bakeries and confectioneries filed for bankruptcy in the first half of …
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Business
German industrial production rises 0.9% in May as auto sector jumps 3.6%
by Leo Müllerby Leo MüllerGerman Industrial Production Climbs 0.9% in May, Autos Lead Recovery German industrial production rose 0.9% month-on-month in May 2026, driven largely by a 3.6% jump in the automotive sector, the …
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Politics
German parental allowance reform faces sharp criticism from the Left and Greens
by Hans Ottoby Hans OttoElterngeld reform draws sharp criticism from Left and Greens Elterngeld reform sparks criticism as Family Minister Karin Prien proposes shorter benefit duration that opponents say will strain mothers and childcare …
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Business
Canada selects German TKMS to negotiate historic deal for over twelve submarines
by Leo Müllerby Leo MüllerCanada submarine contract: TKMS to negotiate multi‑billion Type 212 CD fleet in landmark transatlantic deal Canada selects TKMS to negotiate its largest-ever defence procurement, a Canada submarine contract to acquire …
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Politics
Wohngeld cuts approved by German government push one-third of households into basic security
by Hans Ottoby Hans OttoGerman cabinet approves major Wohngeld changes, affecting one-third of households German cabinet approves major Wohngeld changes: benefits reduced, heating allowance halved and indexation suspended. One-third of recipients to lose support …
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Business
German companies struggle as platform economy rewards valuation over revenue
by Leo Müllerby Leo MüllerGermany’s Shift to the Platform Economy Deepens, FAZ List Shows FAZ archive findings show Germany still houses major revenue giants, but investor value now favors scalable platform economy models, pressuring …
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Business
German industry faces rising material shortages as Iran war disrupts supply chains
by Leo Müllerby Leo MüllerMaterial shortages in Germany climb to 17.2% of firms in June, ifo Institute finds Material shortages in Germany climbed nationwide to 17.2% of firms in June, the ifo Institute reports, …
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Politics
German government unveils sweeping reforms in 2027 federal budget
by Hans Ottoby Hans OttoGerman reform package reshapes federal budget and asks citizens to shoulder short-term costs for longer-term gains German reform package reshapes the 2027 federal budget, imposing short-term costs for citizens while …
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Business
German Start-ups Surge to Record 3,053 H1 Launches as AI Fuels Growth
by Leo Müllerby Leo MüllerGerman start-ups Hit Record with 3,053 New Companies in First Half of 2026 Record 3,053 German start-ups launched in Jan–Jun 2026, propelled by AI and software founders and rising amid …