Despite record expansion of renewables, Germany is generating less electricity than before
Between 2000 and 2024, Germany generated less electricity—despite a record expansion of wind power, solar energy, and other facilities. While […]
News
Tax Burden Rises – Singles Retain Only 65 Cents for Every Euro Earned
In Germany, new figures from the Federal Ministry of Finance reveal a growing burden on earned income. Consequently, on Friday
Tax Burden Rises – Singles Retain Only 65 Cents for Every Euro Earned Read More »
Federal Government Warns of Further Economic Setback
The Federal Government in Berlin is issuing a new warning signal regarding the German economy. According to the Ministry of
Federal Government Warns of Further Economic Setback Read More »
Germany Once Again a Net Electricity Exporter—Why This “Success Story” Is No Such Thing
In the first quarter of 2026—from January to March—Germany once again exported more electricity than it imported for the first
Germany Once Again a Net Electricity Exporter—Why This “Success Story” Is No Such Thing Read More »
Germany’s Economy in Crisis: Trumpf CEO Warns of Loss of Industrial Base
Following an in-house trade fair hosted by the mechanical engineering firm Trumpf, CEO Nicola Leibinger-Kammüller has warned of a severe
Germany’s Economy in Crisis: Trumpf CEO Warns of Loss of Industrial Base Read More »
Electricity Set to Become Even More Expensive – New Levy for Gas Power Plants Planned
On Wednesday, May 13, 2026, the Federal Government approved the construction of new gas-fired power plants and additional generation capacity
Electricity Set to Become Even More Expensive – New Levy for Gas Power Plants Planned Read More »
The Charging Station Cost Trap: High Electricity Prices Threaten the Economic Viability of Electric Cars
For many electric vehicle owners, public charging is turning into a financial trap. Prices are rising sharply—particularly at fast-charging stations,
VDA Warns: Shift to Electric Vehicles Threatens Around 225,000 Jobs in the Automotive Industry by 2035
The German Association of the Automotive Industry (VDA) anticipates a significantly sharper reduction in automotive jobs in Germany by 2035
Hesse Faces Multi-Billion Shortfall – Latest Tax Estimate Hits State and Municipalities Hard
Wiesbaden has reported a significant budgetary risk for Hesse and its municipalities. The new spring tax forecast projects a shortfall
Tanks Instead of Sprinters: KNDS Negotiates with Mercedes over Ludwigsfelde Plant
In Ludwigsfelde, south of Berlin, KNDS is in talks with Mercedes-Benz regarding a potential acquisition or partial utilization of the
Tanks Instead of Sprinters: KNDS Negotiates with Mercedes over Ludwigsfelde Plant Read More »
Solar Surpluses, Grid Expansion, and New Gas Power Plants Will Determine the Energy Transition
In Essen, E.ON CEO Leonhard Birnbaum delivers a critical interim assessment of Germany’s energy transition, noting that solar power surpluses,
Abuse of Citizen’s Income Rises Significantly: Job Centers Report More Than 110,000 Cases
The Federal Employment Agency has recorded a significant increase in the misuse of social benefits within the Bürgergeld (Citizen’s Income)
Energy-Intensive Industry: Production Shrinks, Tens of Thousands of Jobs Cut
Germany’s energy-intensive industries—manufacturers of products such as cement, glass, or paper—have sharply curtailed production and cut tens of thousands of
Energy-Intensive Industry: Production Shrinks, Tens of Thousands of Jobs Cut Read More »
Market Opening for Chinese Cars: US Industry Warns Trump of Risks to Jobs and Security
Shortly before the planned meeting between US President Donald Trump and Chinese President Xi Jinping on May 14 and 15,
Market Opening for Chinese Cars: US Industry Warns Trump of Risks to Jobs and Security Read More »
Festo Cuts 1,300 Jobs in Germany – Traditional Company Responds to Sales Crisis
The automation specialist Festo plans to cut around 1,300 jobs in Germany. The company is responding to weaker markets, increased
Festo Cuts 1,300 Jobs in Germany – Traditional Company Responds to Sales Crisis Read More »