German deficit shrinks by €1.3b in H1 ’24
Germany's general government deficit reached €38.1 billion in the first half of 2024, marking a decrease of €1.3…
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Germany
No urgency for rate cuts -ECB policymakers
European Central Bank (ECB) policymakers showed no urgency in cutting interest rates during their July meeting but…
Germany’s private sector contracts again in August
Germany's private sector continued to contract in August, with business activity declining for the second…
EU approves €5b aid for new microchip plant in Dresden
The European Commission on Tuesday approved, under EU State aid rules, a €5 billion ($5.5 billion) German measure…
Germany, G7 to provide €50b loan to Ukraine
Germany, in collaboration with other G7 countries, will provide a €50 billion loan to Ukraine, German Chancellor…
Germany’s producer inflation down 0.8% in July ’24
Germany's producer prices for industrial products were 0.8 per cent lower in July 2024, compared to the same month…
Germany extends green building subsidies through ’25
Germany will maintain its state subsidies for green construction and renovation through 2025, the Economy Ministry…
Germany’s trade surplus surges 28.7% in H1 ’24
Germany's trade surplus saw a significant increase in the first half of 2024, rising by 28.7 per cent to reach…
EU’s coconut imports hit €146m in ’23
The European Union (EU) imported 105,104 tons of coconuts from countries outside the EU, valued at €146 million,…
German’s PBB bank Q2 earnings drop by 74%
Deutsche Pfandbriefbank (PBB), a leading property financier in Germany, reported a significant decline in…
