CashNews.co German Chancellor Olaf Scholz will meet with his two coalition partners to find common ground amid rumours over an impending coalition collapse after leaders put forward contradictory plans to fix the nation’s ailing economy. A leaked document by Finance Minister Christian Lindner (FDP/Renew) raised eyebrows in Berlin on Friday (1 November), with its push […]
CashNews.co Amid growing disputes within Germany’s governing coalition, Finance Minister Christian Lindner has demanded a fundamental “reorientation” of economic policy in a policy paper made public on Friday. Lindner, a budget hawk and the leader of the pro-business Free Democrats (FDP), has been sharply at odds with the rest of Chancellor Olaf Scholz’s centre-left coalition […]
CashNews.co Germany is in a structural crisis–with falling exports, soaring energy prices, and weakening competitiveness in its most important sectors. But according to the bosses of Germany’s biggest businesses, the real problem is its workers taking too much sick leave. Several German employers have lamented a record-breaking year for absences linked to illness. Millions of […]
CashNews.co reuters_tickers This content was published on November 1, 2024 – 16:27 BERLIN (Reuters) – Germany’s finance minister is pushing for tax cuts and fiscal discipline in a position paper seen by Reuters on Friday that challenges an investment plan by the economy minister, laying bare a deep divide in the governing coalition. Christian Lindner […]
CashNews.co Upcoming negotiations on a new goal for financial support from richer countries to developing economies to mitigate and adapt to climate change will be “very difficult”, Germany’s special envoy for international climate action Jennifer Morgan told news service Tagesspiegel Background. “The question will remain open until the very last minute of the UN climate […]
CashNews.co German business executives have warned that high levels of sick leave are damaging the competitiveness of Europe’s largest economy and compounding its economic woes. Workers missed an average of 19.4 days because of illness in 2023, according to Techniker Krankenkasse, the country’s largest public health insurance provider. Preliminary figures suggest the trend is on […]
CashNews.co GZERO MediaWill Germany’s ruling coalition survive the winter?Germany’s coalition government is seemingly on the rocks as Berlin contends with a stagnant economy and the three ruling parties — the….27 minutes ago Read More #cashnews #German #finance
CashNews.co Key Biscayne, FL (33149) Today A shower is possible early. Windy with partly cloudy skies. Low 77F. Winds E at 20 to 30 mph.. Tonight A shower is possible early. Windy with partly cloudy skies. Low 77F. Winds E at 20 to 30 mph. Updated: October 30, 2024 @ 10:47 pm […]
CashNews.co Germany narrowly escaped a recession in the third quarter, official data showed Wednesday, offering some relief to Europe’s biggest economy as its fortunes falter. Gross domestic product rose 0.2% in the July-to-September period driven by an increase in government and household spending, following a 0.3% contraction in the three months prior, according to Germany’s […]
CashNews.co By Maria Martinez BERLIN (Reuters) -Germany’s gross domestic product unexpectedly increased in the third quarter, skirting a recession, but inflation rose more than expected in October, interrupting the downward trend in Europe’s troubled largest economy. “This is still far from what we need, but at least it is a ray of hope,” Economy Minister […]