Germany Approves Record Minimum Wage Increase
Germany's cabinet has approved the biggest minimum wage rise since its introduction a decade ago.
The Economy
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Germany Launches Hightech Agenda to Escape “Mid-Tech Trap”
Germany unveiled a federal Hightech Agenda backed by Chancellor Merz to escape the mid-tech trap and reclaim a leading role in global innovation and…
Germany Economic Crisis of 2025 Deepens
Germany's economic crisis deepens in 2025 as industrial output continues to fall short of expectations.
Economist Warns of Cuts to Pensions and Care Benefits
Council of Economic Experts member Veronika Grimm is urging Germany to reduce pension and care benefits as the social insurance system faces growing…
Germany Faces Care Home Cost Crisis
The average monthly cost of a German nursing home place has reached €3,248, putting enormous pressure on families and elderly care planning for anyone…
Germany Working Hours to be Overhauled
German politicians are debating a significant reform to working hour regulations amid labour shortages and rising pension costs.
US-EU Tariff Deal Sparks German Alarm
A US-EU tariff agreement announced at Trump's Turnberry resort ends months of trade threats, but German industry leaders are warning that key concerns about…
Germany Housing Squeeze Deepens
Falling construction output and soaring big-city rents are deepening Germany's housing shortage.
Reiche Urges Germans to Work Longer Hours
Economics Minister Katherina Reiche is calling on Germans to work longer hours and delay retirement to keep social systems afloat.
Intel Cancels Magdeburg Plant
Intel has scrapped its planned multibillion-euro chip factory in Magdeburg, dealing a blow to Europe's semiconductor ambitions and to Germany's effort to…
Germany's Africa Pivot Gains Urgency
Finance Minister Lars Klingbeil unveiled a €10 million commitment at the G20 Durban summit, signaling Germany's renewed push to build economic ties with…
Germany Gas Storage Too Low for Winter
Germany's gas storage sat at just 57.4 percent in July, well under the long-term seasonal average.