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Rostock is mired in a deep budget crisis that has been looming for some time. The city is now securing its employees’ salaries through short-term borrowing, as cost increases in several areas are spiraling out of control. The city administration describes this as an extraordinary step, but the situation stems from years of neglecting key […]

RTL Germany plans to cut approximately 600 jobs in response to declining TV advertising revenue and the expansion of its streaming business. The management has decided to “align the company and cost structures even more specifically with the streaming business,” the company announced on Tuesday. “As part of this focus,” the 600 positions will be

Municipal debt to banks or insurance companies amounted to €4,448 per capita at the end of 2024. This was 6.3 percent higher than the previous year, as the Federal Statistical Office in Wiesbaden announced on Tuesday, based on a model calculation. In total, municipalities and municipal associations were indebted to the tune of almost €343.8

Renewable energy sources, which only provide electricity depending on the weather, require storage solutions. The focus here is on chemical battery storage, which is currently experiencing a boom worldwide and also in Germany. However, this rapid growth is causing various problems. According to experts, the two biggest are phantom projects and grid overloads. (fr, 25.11.2025)

The euro has formed the financial foundation of Europe since 1999, but its real value is shrinking dramatically. Today, the euro is worth only about 57 percent of its original value. Inflation, expensive food, and rising energy costs are putting families under considerable pressure. This decline in purchasing power stems directly from these developments. The

For years, a narrative has dominated energy policy that promises falling electricity prices as soon as the energy transition gains momentum and renewables dominate the market. However, global comparative data paints a completely different picture. In countries that are particularly aggressive in pursuing their transition projects, electricity prices are consistently rising, driving energy costs to

According to current figures, sales of electric cars in Germany are currently rising significantly. However, appearances are deceiving: As of November 2025, almost one in four new electric vehicle registrations is based on self-registrations by manufacturers or dealers. The latter, in particular, warn of two statistical effects: First, demand is artificially inflated, which could have

Swiss train manufacturer Stadler Rail has announced it will take legal action against the awarding of a multi-billion-euro contract by the Swiss Federal Railways (SBB) to its German competitor Siemens Mobility. “After a thorough review of the award decision,” Stadler “still cannot understand” why Siemens was commissioned by the SBB to build 116 double-decker trains,

Germany is losing another industrial base. The packaging company and global market leader DS-Smith plans to close five locations in Germany, putting around 500 jobs at risk. The company is reacting to an environment characterized by skyrocketing energy costs, paralyzing bureaucracy, a high tax burden, and a noticeable industrial crisis. The packaging specialist sees hardly

Truck manufacturer MAN is relocating key production steps from Germany to Krakow, Poland. The commercial vehicle group is restructuring its production processes to remain competitive in the long term. In addition to body construction for the new Traton modular system, painting and interior fitting will also be carried out in Poland in the future. The

A water emergency has been declared for the greater Athens area and two Greek islands. The Greek Ministry of the Environment announced the measure, which also affects the Aegean islands of Patmos and Leros, on Friday evening because the greater Athens area, with an average annual consumption of 250 million cubic meters, only has water

The SPD’s obstructionist stance is exacerbating the conflict surrounding gas-fired power plants and thereby jeopardizing energy security. Experts from the Federal Network Agency have been emphasizing for years that new capacity is essential to maintaining the stability of the energy transition. Nevertheless, some members of the Social Democrats question these analyses, despite the absence of

Norway has halted the use of Bovaer after cows died in Denmark. The government-subsidized feed additive, intended to reduce methane emissions, can, according to reports from Denmark, significantly impair animal welfare. The controversial additive is thus at the center of a European debate. At the same time, reports about affected cattle, doubts about the additive

The current recall wave by Stellantis affects over 750,000 cars worldwide, including more than 85,000 in Germany. Hybrid models with defective high-voltage batteries and problems with the fuel system are the main focus of the reports. At the same time, brands such as Opel, Peugeot, Citroën, Fiat, DS, Alfa Romeo, Lancia, and Jeep are coming

The German states and public sector unions face tough negotiations over pay in the coming months. The service sector union Verdi and the German Civil Service Federation are demanding a seven percent pay increase, but at least €300 per month, in the wage negotiations that begin in Berlin on Wednesday. If no negotiable offer from