Germans Should Pay a ‘Ukraine Tax’ to Fund War, Demands Top Gov’t Economic Advisor
Germans should pay a Ukraine tax to continue funding the war against Russia, a top economic advisor to the government has argued.
German economy
German Govt Agrees to Pay Rise Deal with Labour Unions to Avoid Strikes
German government officials and labour unions reached a pay deal for more than 2.5 million public-sector workers, ending a lengthy dispute.
Plurality of Germans Believe Sanctions Are Hurting Them More Than Russia
Over four in ten Germans believe the sanctions against Moscow over the war in Ukraine have done more harm to their country than Russia.
Investigators Seize German Chancellor Olaf Scholz’ Emails in Tax Fraud Probe
German Chancellor Olaf Scholz’ emails were reportedly seized by investigators in the probe into the “Cum-Ex” tax fraud scheme.
Germany Warns of Lehman Brothers-Style Financial Collapse if Gas Crisis Continues
Germany is facing a “Lehman Brothers” collapse that could spark a domino effect leading to a severe recession, the economy minister warned.
German Parliament Approves Minimum Wage Hike Despite Rampant Inflation
Germany’s parliament approved raising the country’s minimum wage to 12 euros per hour, fulfilling a campaign pledge of Chancellor Olaf Scholz.
Return of Weimar? German Inflation Hits Highest Level in Four Decades
German inflation hit its highest level in over fourty years, as the economic fallout from lockdowns and the war in Ukraine continues to bite.
Germany Facing Price Hikes for a Decade, Warns Top Economist
German citizens will likely see price hikes persist for up to a decade as the country is facing a potential recession amid rampant inflation.
German Inflation Hits Highest Level Since Fall of Berlin Wall, Growth Forecasts Cut in Half
Germany is experiencing the highest level of inflation since the country was reunified in 1990 after the fall of the Berlin Wall.
UK Economy: 13 Quarters of Growth Since EU Referendum
The UK has once again defied the expectations of economists, enjoying the 13th quarter of growth since the 2016 Brexit referendum.
Claim: Mass Migration Will Not Help Solve Skilled Worker Shortage
Head of the Federal Agency for Labor, Frank-Jürgen Weise has said that new migrants and asylum seekers have little chance of filling Germany’s skilled worker problem because very few of them meet the needed qualifications. Frank-Jürgen Weise has had a long
German GDP Growth Slows Dramatically In Second Quarter
(AFP) – Germany’s economy, Europe’s largest, grew by 0.4 percent in the second quarter, federal statistics office Destatis said in data released on Wednesday.
74 Per Cent Of Migrants In Germany Fit Only For Menial Jobs
The German Federal Employment Agency admits that 74 per cent of new migrants to Germany have no qualifications and will likely only be able to do menial labour jobs.
Another German Economist Blames Merkel For AfD Rise
A leading German economist stated that the government’s economic policies are as much to blame for the rise of Alternative for Germany as its migration policies. Marcel Fratzscher, head of the German Institute for Economic Research, said that the economic policies of the
Large Number Of Refugees To Germany May Not Be Able To Find Work: Bundesbank
Many of the refugees arriving in Germany could initially find it difficult to get a job because of their young age and lack of qualifications, the German central bank or Bundesbank said on Monday. The Bundesbank estimated that the net
Volkswagen Could Pose Bigger Threat To German Economy Than Greek Crisis
BERLIN, Germany – The Volkswagen emissions scandal has rocked Germany’s business and political establishment and analysts warn the crisis at the car maker could develop into the biggest threat to Europe’s largest economy. Volkswagen is the biggest of Germany’s car
