Economy



Germany’s residential construction falls to 13-years low

Residential construction in Germany has fallen to its lowest level in 13 years, reflecting a sharp slowdown in the country’s housing sector amid rising costs and higher interest rates. According to national statistics, the number of completed residential units dropped by 18% in 2025, reaching......

Commerzbank employees rally against UniCredit takeover bid

Employees of Commerzbank demonstrated in Germany on Wednesday to oppose the takeover attempt launched by the Italian banking group UniCredit. The protest took place ahead of Commerzbank’s annual shareholders’ meeting and highlighted growing concerns among workers about the future of the lender. Dozens......

Varta to cut 350 jobs after losing major client

German battery manufacturer Varta AG has announced plans to eliminate around 350 jobs following the loss of a key customer. The decision also includes the gradual end of production of button cells at its site in Noerdlingen, located in southern Germany. According to company representatives, the affected......

Global markets rebound after report on possible Iran sanctions relief

Global financial markets recovered from steep early losses on Monday after reports emerged suggesting the United States could temporarily ease sanctions on Iranian oil exports during ongoing diplomatic talks. The late session reversal helped calm investors rattled by escalating tensions between Washington......

European stocks fall as Gulf tensions fuel inflation fears

European equity markets fell on Monday as rising geopolitical tensions in the Gulf and renewed inflation concerns weighed on investor sentiment, with energy prices remaining elevated due to the ongoing conflict between the United States and Iran. The downturn extended a broader global risk-off move,......

Global bond rout deepens as war driven inflation reshapes rate outlook

A sharp global selloff in government bonds intensified Monday as persistent conflict between the United States and Iran pushed oil prices higher and forced investors to reassess expectations for interest rates across major economies. Surging energy costs and accelerating inflation have fueled concerns......

German central bank chief calls for stronger action to stabilize financial markets

The president of Germany’s central bank, Joachim Nagel, said global central banks could take stronger measures to calm financial markets and restore investor confidence amid growing economic uncertainty. Speaking before a meeting of finance ministers and central bank officials from the Group of......

German economy faces pressure from Iran conflict and global uncertainty

Germany’s economy is expected to face increased pressure during the second quarter of the year as the impact of tensions linked to the conflict involving Iran affects global markets and business confidence. According to statements from the German economy ministry, rising prices, supply chain disruptions,......

German property market continues recovery with 2.2% rise in first-quarter prices

German property prices continued their gradual recovery during the first quarter of 2026, with overall real estate values increasing by 2.2% compared to the same period last year, according to banking sector data. The latest figures suggest that Germany’s real estate market is stabilizing after......

Germany faces budget pressure after tax revenue forecast cut

Germany is facing increasing financial pressure after the country’s council of tax experts lowered its forecast for tax revenues between 2026 and 2030. The revised estimates are expected to place additional strain on the federal budget at a time when the government is already dealing with slower......

German automotive supplier opens 28 million euro plant at Tanger Med, creating 900 jobs

Germany-based automotive supplier SFC Automotive Solutions has inaugurated a new industrial facility within the Tanger Med industrial zone, adding a significant investment to Morocco's rapidly expanding automotive sector. The ceremony brought together Morocco's Minister Delegate in charge of......

Germany considers last-resort plan to block Italian bid for Commerzbank

Germany is considering a last-resort strategy to prevent an attempted takeover of Commerzbank by Italy’s UniCredit, as concerns grow over the potential loss of control of a key financial institution. According to sources familiar with the matter, officials in Berlin are discussing whether to increase......

Germany maps US potash dependency as potential lever in trade standoff

German officials tasked with identifying vulnerabilities in American supply chains have singled out potash, a critical agricultural input that the United States imports in overwhelming quantities, as a potential pressure point in any future confrontation with the Trump administration. The analysis forms......

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