Keywords: German economy
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)......
Private sector activity in Germany weakened further in June, reaching its lowest level in 18 months, as a prolonged downturn in the services sector weighed on overall business conditions, according to a new survey. The latest flash Composite Purchasing Managers’ Index (PMI), compiled by S&P......
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