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The Latest Breaking News from Carsten Brzeski

German Big Business Calls For Early Vote, Economic Vision

German big business groups demanded almost in unison Thursday that embattled Chancellor Olaf Scholz call elections soon to restore political stability in Europe's stuttering top economy.

International Business Times

Fortune 500 Europe: How Germany is flirting with long-term irrelevance

Everything that could go wrong has gone wrong for Germany’s economy. How can it turn things around?

Fortune

With Inflation Down, ECB Eyes Faster Tempo Of Rate Cuts

The European Central Bank is expected to lower interest rates again this week as anxiety about inflation in the eurozone fades and concerns over sluggish growth mount.

International Business Times

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German economy is ‘stuck in stagnation,’ ING says

“The German economy is back where it was a year ago: the growth laggard of the eurozone with few signs of an imminent improvement.”

Fortune

ECB Leaves September Options 'Wide Open' After Rate Pause

The European Central Bank is keeping options "wide open" for September, president Christine Lagarde said, after holding interest rates steady Thursday in the wait for more evidence that inflation was on the right track.

Latin Times

ECB Leaves September Options 'Wide Open' After Rate Pause

International Business Times

Will the ‘sick man of Europe’ label stick to Germany this time around?

Its growth model seems kaput – but optimists point to how the economy confounded critics before

The Guardian - UK

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German Economy Shrank In 2023 On Energy, Export Woes

The German economy shrank slightly in 2023, official data showed Monday, as costly energy, high interest rates and cooling foreign demand took their toll on Europe's export giant.

International Business Times

Adobe’s $20bn merger with Figma abandoned; UK economy ‘limping’ as high interest rates bite – as it happened

Adobe’s proposed $20bn merger with product design software company Figma has been terminated, following competition probes in EU and UK

The Guardian - UK

Germany's economy shrank, and it's facing a spending crisis that's spreading more gloom

Germany’s economy shrank in recent months, and business confidence is still in the dumps

The Independent UK

Why Germany’s economic miracle is facing a new reality

In 1923, the country was rocked with hyperinflation, now the retreat from globalisation is exposing the fragility of its industrial model

The Guardian - UK

Is Germany’s great economy sinking into ‘slowcession’?

Key data this week will offer a hint as to whether the eurozone’s powerhouse can shake off recent stagnation

The Guardian - UK

Germany used to be the world's export powerhouse. Now, it's not growing. What happened?

The German economy is still failing to grow

The Independent UK

German economy in recession after high prices take toll, revised figures reveal

Updated data shows economy went into reverse in first quarter with GDP falling by 0.3%

The Guardian - UK

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The Independent UK

China boosts German business optimism, but challenges ahead

A key measure of German business optimism rose in April for the seventh month in a row amid lower natural gas prices and the reopening of the Chinese economy after COVID-19 restrictions

The News Lens

Germany-China: Struggling To Shake Off Beijing Dependencies

The economies of China and Germany are hugely intertwined. The dilemma is how to position Germany in the emerging geopolitical tensions with Beijing.

The Independent UK

German economy seen stagnating in Q4, grew 1.9% in 2022

Germany's national statistics office says the country's economy appears to have stagnated in the fourth quarter

The Guardian - UK

How Britain’s economic woes stack up against Europe’s – a close look at the figures

The UK’s money troubles spread from inflation and higher interest rates to sluggish productivity. But how do we compare with our European neighbours?

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The Independent UK

German industrial workers to get pay raises in 2-year deal

Germany’s biggest industrial union has agreed with employers on a pay deal that will see millions of workers get raises totaling 8.5% over two years as well as one-time payments meant to cushion the effect of sky-high inflation

Asharq Al-Awsat

Economics of War: Pain for Europe Now, Later for Russia

Across Europe, signs of distress are multiplying as Russia’s war in Ukraine drags on. Food banks in Italy are feeding more people. German officials are turning down the air conditioning as they prepare plans to ration natural gas and restart coal plants. A giant utility is asking for a taxpayer…

The Independent UK

Economics of war: Pain for Europe now, later for Russia

Europe is feeling the pain from Russia's war in Ukraine

Asharq Al-Awsat

With Inflation on Rise, ECB Readies Tougher Action

The European Central Bank is set to announce the end date to its bond-buying stimulus on Thursday, as concerns over the accelerating pace of inflation in the eurozone grip policymakers. The stop is a prelude to the ECB hiking rates for the first time in over a decade in the…

The Guardian - UK

Inflation pressures hit consumer confidence; Moscow stock market falls back – as it happened

Rolling coverage of the latest economic and financial news

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