Germany’s stalled growth prompts new German economic reforms as coalition unveils overhaul of taxes, pensions and health care One year after Chancellor Friedrich Merz pledged to restore growth, German economic …
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Business
Ines Schwerdtner calls for Austrian-style pension overhaul, raising statutory level to 53 percent
by Leo Müllerby Leo MüllerLeft leader urges government to strengthen statutory pension with Austrian-style model Ines Schwerdtner urges boosting Germany’s statutory pension with an Austrian-style contribution system to raise benefits and include self-employed now. …
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Business
German government cuts 2026 growth forecast to 0.5 percent amid Iran war
by Leo Müllerby Leo MüllerGerman growth forecast cut to 0.5% for 2026 as Iran conflict hikes energy costs German growth forecast cut to 0.5% for 2026 as the Iran war drives energy and commodity …
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Politics
EU energy dependence remains high at 57 percent despite renewables
by Hans Ottoby Hans OttoEU energy dependence remains at 57% despite surge in renewables EU energy dependence stays at 57% as renewables grow, but slower electrification and falling domestic fossil output keep import needs …
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Business
Furnished rentals surge in Germany as regular listings drop 22 percent
by Leo Müllerby Leo MüllerSurge in Furnished Rentals Reshapes German City Markets, IfW GREIX Data Shows IfW GREIX data finds furnished rentals in German cities have more than tripled since 2015 while regular listings …
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KölnRheinRuhr Olympic bid wins referendum with 66% approval despite counting delays and quorum setbacks KölnRheinRuhr Olympic bid wins 66% approval in regional referendum; Cologne counting delays and Herten quorum failure …
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Politics
Gulf Escalation Drives Brent Oil 7 Percent Higher and Rattles Markets
by Hans Ottoby Hans OttoStrait of Hormuz Reports Spark Oil Rally and Shake Global Markets Rising reports that the Strait of Hormuz has been closed again drove a sharp jump in Brent crude and …
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Politics
Rumen Radev’s Alliance Surges to Near 39 Percent in Bulgarian Snap Election
by Hans Ottoby Hans OttoBulgarian parliamentary election exit polls show Rumen Radev alliance leading near 39% Exit polls in the Bulgarian parliamentary election show Rumen Radev’s Progressives Bulgaria near 39%, amid vote-buying arrests, EU …
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Union and AfD neck-and-neck in Bundestag polls as SPD and FDP lag Bundestag polls show the Union and AfD tied near 25% while SPD, FDP and several smaller parties remain …
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Business
IMF downgrades global growth forecast, lowers Germany 2026 outlook to 0.8 percent
by Leo Müllerby Leo MüllerIMF growth forecast trims global outlook; Germany 2026 growth cut to 0.8% amid Iran conflict IMF growth forecast lowers global expansion to 3.1% and cuts Germany’s 2026 GDP outlook to …