German inflation eases to 2.6% in May, Destatis reports German inflation slowed to 2.6% year-on-year in May, down from 2.9% in April, according to a first estimate from the Federal …
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Business
US economy weakens as inflation nears 4 percent and savings fall
by Leo Müllerby Leo MüllerU.S. economy shows strains as inflation nears 4% while corporate investment holds U.S. economy shows inflation near 4%, a plunging personal saving rate and Q1 GDP revision, while firm corporate …
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Business
German economy growth forecast slashed to 0.5 percent by Council of Economic Experts
by Leo Müllerby Leo MüllerGerman growth forecast cut sharply as council warns of energy and trade headwinds Germany growth forecast revised to 0.5 percent in 2026 by the federal economic council amid high oil …
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Business
Social security contributions could near 50 percent in Germany by 2040, council warns
by Leo Müllerby Leo MüllerWirtschaftsweisen warn social contributions in Germany could approach 50% by 2040 German Council of Economic Experts warns social contributions in Germany could near 50% by 2040, urging urgent reforms to …
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Politics
Ukraine warns EU loan funds only 60 percent of weapons production
by Hans Ottoby Hans OttoUkraine arms industry outstrips available funding as Germany urges bilateral top-up EU loan covers only part of Ukraine arms industry needs; German proposal seeks additional bilateral pledges to fill gap …
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Business
German housing completions drop 18 percent to lowest level since 2012
by Leo Müllerby Leo MüllerHousing construction in Germany plunges to lowest level since 2012 as completions fall to 206,600 Housing construction in Germany fell to 206,600 completed homes in 2025, an 18% drop from …
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Business
German housing construction declines 18 percent as new apartments fall to 206,600
by Leo Müllerby Leo MüllerHousing construction in Germany falls 18% as costs and regulations stall new builds Germany’s housing construction fell 18% to 206,600 new units last year as rising costs, regulation and municipal …
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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 …