Tag: Economy
Seasonal factors lead to unemployment rate of 6.3 percent in July
(de-news.net) – In June 2025, approximately 45.9 million individuals were employed in Germany. According to preliminary estimates by the Federal Statistical Office, seasonally adjusted employment experienced a marginal decline of 20,000 persons compared to May. Unadjusted figures revealed a minor decrease of 4,000 individuals relative…
Rethinking retirement: Müntefering advocates flexible transitions amid demographic shifts
(de-news.net) – While acknowledging the value of ongoing public discourse regarding the extension of working life, former Federal Minister of Labour Franz Müntefering (SPD) has expressed reservations concerning certain political assertions, characterizing them as overly reductive. He underscored the imperative for greater flexibility in retirement…
‘Made for Germany’ with projections of multibillion-euro investments
(de-news.net) – German Chancellor Friedrich Merz convened prominent corporate leaders affiliated with the ‘Made for Germany’ initiative. The assembled executives articulated projections of multibillion-euro investments intended to reinforce Germany’s status as a premier destination for enterprise and innovation. As of the current reporting period, a…
Stuttgart 21: circulations from subterranean railway station to begin in a phased manner
(de-news.net) – The subterranean railway station in Stuttgart, the capital of Baden-Württemberg, is scheduled to be inaugurated in a phased manner from December 2026. This announcement was made by Deutsche Bahn following a meeting of the steering committee overseeing the Stuttgart 21 project. According to…
Merz defends migration policy, lauds positive economic indicators
(de-news.net) – Chancellor Friedrich Merz has defended Germany’s temporarily tightened migration policy, emphasizing, at his summer press conference in Berlin, the transitional nature of the steps taken. He also highlighted the economic policy measures launched by his administration, which aim to initiate a turnaround in…
For a more capable state: reform blueprint calls for coordinated governance and digital modernization
(de-news.net) – Under the leadership of distinguished figures including Julia Jäkel, Thomas de Maizière, Peer Steinbrück, and Andreas Voßkuhle, the ‘Initiative for an Actionable State’ has submitted its final report to Federal President Frank-Walter Steinmeier, delineating 35 substantive proposals aimed at optimizing governmental functionality. The…
Bundesrat passes laws to stimulate long-term growth and competitiveness
(de-news.net) – In a step toward recalibrating Germany’s economic trajectory, the Bundesrat has unanimously ratified the Bundestag’s immediate investment package, signaling unified federal and state support for an ambitious agenda of fiscal stimulus, regulatory reform, and industrial modernization. The cornerstone of the initiative – the…
German Chamber of Industry and Commerce advocates for structural reforms
(de-news.net) – The Federal Government has been encouraged by business organizations to focus structural reforms in addition to greater investment. The CEO of the German Chamber of Industry and Commerce, Helena Melnikov, stressed the need of strategically, effectively, and growth-oriented allocation of infrastructure fund resources….
From entitlement to accountability: budget cuts and a reconfiguration of Bürgergeld sanctions
(de-news.net) – According to recent media accounts referencing senior officials within the Federal Ministry of Finance, the German Federal Government is poised to implement substantial fiscal retrenchments within the framework of its social welfare program, commonly referred to as Bürgergeld. Specifically, it is projected that…
Debates about a reform of the electricity tax in Germany
(de-news.net) – The German Federal Government has refined the eligibility criteria for a proposed reduction in electricity taxation, aiming to implement a previously announced fiscal relief measure. According to a spokesperson for the Federal Ministry of Finance, the measure is designed to encompass the entire…
Minimum wage: commission endorses gradual increase amid economic headwinds and inflationary stabilization
(de-news.net) – The German Minimum Wage Commission has promulgated a unanimous resolution mandating a two-tiered augmentation of the statutory minimum wage—from 13.90 euros effective in early 2026 to 14.60 euros at the commencement of 2027. This determination was rendered notwithstanding the recent stabilization of inflation,…
Lawmakers approve prolongation of rent control mechanism in response to urban housing pressures
(de-news.net) – The German Bundestag has legislatively sanctioned the continuation of the rent control mechanism, known as the ‘Mietpreisbremse,’ through the conclusion of 2029. This regulatory instrument imposes a constraint on initial rental agreements, capping permissible rent levels at no more than ten percent above…
