EU debt alarm: IMF warns of 130% of GDP by 2040 after Nicosia finance ministers’ meeting IMF warns EU debt may hit 130% of GDP by 2040, prompting debate in …
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EU cuts growth forecast for Germany to 0.6% amid energy-price shock EU cuts growth forecast for Germany to 0.6% amid Middle East energy shock; Commission warns higher prices and supply …
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Business
BASF announces CoreShift to slash fixed costs 20 percent and cut jobs
by Leo Müllerby Leo MüllerBASF unveils CoreShift plan to cut cash fixed costs by up to 20% by 2029 BASF launches “CoreShift” to reduce cash fixed costs in its core business by up to …
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Business
BASF announces CoreShift program to cut fixed costs 20 percent by 2029
by Leo Müllerby Leo MüllerBASF launches CoreShift to cut cash-based fixed costs by up to 20% and reshape workforce BASF launches CoreShift to cut cash-based fixed costs by up to 20% by 2029, reshaping …
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Politics
German government agrees initial 40 percent stake in KNDS defense group
by Hans Ottoby Hans OttoGerman government to take 40% stake in KNDS in planned strategic move Berlin agrees initial 40% investment in KNDS, with intent to reduce state holdings to 30% in two to …
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Business
EU Approves US Trade Deal with 15 Percent Tariffs on European Goods
by Leo Müllerby Leo MüllerEU–US trade deal approved by EU institutions despite sharp tariff imbalance EU–US trade deal approved by EU institutions; agreement offers planning certainty but leaves European exporters facing higher tariffs and …
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Business
EU approves 50 percent steel tariffs and slashes duty-free quota
by Leo Müllerby Leo MüllerEU Parliament approves 50% EU steel tariffs to protect domestic industry EU Parliament backs 50% EU steel tariffs from July, cutting duty-free quota to 18.3M tonnes to shield industry amid …
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Politics
ADHD diagnoses hit 24 percent among care-dependent German children in 2025
by Hans Ottoby Hans OttoADHD diagnoses in care-dependent children rise as Germany’s care caseload tops six million MD report: ADHD diagnoses in care-dependent children rose to 24% in 2025, the MD reports, as Germany’s …
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Business
Lufthansa strikes slash April passenger numbers at Frankfurt Airport by 11 percent
by Leo Müllerby Leo MüllerFrankfurt Airport passenger numbers fall 11% in April after six Lufthansa strike days Lufthansa strikes at Frankfurt Airport led to an 11% drop in April passenger traffic, with Fraport reporting …
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Business
Germany Approves Heating Law Removing 65 Percent Renewables Mandate
by Leo Müllerby Leo MüllerGermany’s new heating law approved by cabinet replaces 65% renewables rule with biomethane “bio-staircase” Germany’s new heating law approved May 13, 2026, ends the 65% renewables mandate nationwide and introduces …