Keywords: German economy
Germany recorded another increase in major corporate bankruptcies during the first half of 2026, highlighting the continued financial and operational pressures facing Europe’s largest economy. According to a study by credit insurer Allianz Trade, 33 German companies with annual revenues of at......
After several challenging years, the German economy appears to be on the mend. The Institute for the World Economy in Kiel (IfW) raised its growth forecast for 2026 on Thursday, now predicting a 1.3% increase in gross domestic product. The institute believes that economic activity has passed the lowest......
The German labor market continued to deteriorate in August, but at a slightly slower pace than anticipated. The number of job seekers increased by 4,000 people in seasonally adjusted data, while the unemployment rate remained stable. However, in raw data, the number of unemployed exceeds three million......
Germany could face pressure on its top-tier AAA credit rating if its economic performance continues to fall short of expectations, according to warnings attributed to S&P Global Ratings. The rating agency indicated that a prolonged deterioration in Germany’s economic indicators could eventually......
The German port traffic was heavily disrupted on Tuesday by a 24-hour strike called by the Verdi union. The social movement affected six major ports in the north of the country, creating new tensions in the ongoing wage negotiations in the sector.The ports of Hamburg, Bremerhaven, and Wilhelmshaven were......
German corporate insolvencies declined in May 2026, marking the first annual decrease since February, according to data from Germany’s Federal Statistical Office. Local courts recorded 1,995 applications for corporate insolvency in May, down 2% from the same month a year earlier. Despite this......
Germany's draft federal budget for 2027 projects borrowing of more than €203 billion, reflecting the country's continued departure from its long-standing fiscal restraint as it prioritizes economic recovery, infrastructure modernization and national security. According to the draft budget,......
Germany's services sector remained in contraction for a third consecutive month in June, although the pace of decline eased as cost pressures moderated and business activity proved more resilient than initially estimated. The latest HCOB Germany Services Purchasing Managers' Index (PMI), compiled......
Germany's ruling coalition has announced a broad package of economic and social reforms aimed at boosting growth, easing pressure on households and addressing housing shortages, as Chancellor Friedrich Merz faces mounting political challenges. The measures include €10 billion ($11 billion)......
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