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1 month ago | 
gurutrade.com | Maria Martinez |Maria Martínez |María Martínez |Kirsti Knolle
BERLIN, May 21 (Reuters) - The German Council of Economic Experts cut its economic forecast for the German economy on Wednesday, now expecting Europe's biggest economy to stagnate this year as it sees a "pronounced phase of weakness".
The academic body that advises the German government on economic policy had predicted the economy to grow 0.4% this year in its previous forecasts published in November.
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2 months ago | 
gurutrade.com | René Wagner |Maria Martinez |Maria Martínez |María Martínez |Miranda Murray
BERLIN, April 22 (Reuters) - More than 80% of German companies in manufacturing and the information technology industry expect a negative impact on the German economy from tariffs imposed by the U.S., according to a survey by the Leibniz Centre for European Economic Research ZEW.
The survey, seen by Reuters on Tuesday, showed that 20% of the 800 companies surveyed now even fear "very negative" effects on the economy from the policies of the new U.S. government.
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Jan 10, 2025 | 
gurutrade.com | René Wagner |Maria Martinez |Maria Martínez |María Martínez |Miranda Murray |Tomasz Janowski
BERLIN, Jan 10 (Reuters) - The German trade surplus with the United States is heading towards a record level just before U.S. President-elect Donald Trump arrives at the White House, an analysis of statistics office data showed.
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Dec 5, 2024 | 
gurutrade.com | Holger Hansen |Maria Martinez |Maria Martínez |María Martínez |Rachel More
BERLIN, Dec 5 (Reuters) - Job vacancies in Germany have been on a downward trend for two years, showing a decline in labour demand that reflects the economic slowdown in Europe's biggest economy, according to data from an economic institute released on Thursday.
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Oct 7, 2024 | 
gurutrade.com | Friederike Heine |Maria Martinez |Maria Martínez |María Martínez |Matthias Williams
BERLIN, Oct 7 (Reuters) - The German economy is expected to contract by 0.2% in 2024, an economy ministry spokesperson said on Monday, confirming an earlier report in the Sueddeutsche Zeitung newspaper.
The government is cutting its forecast to an inflation-adjusted contraction from a previous projection of 0.3% growth this year.
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Apr 5, 2024 | 
streetinsider.com | Maria Martinez |Maria Martínez |María Martínez
By Maria Martinez(Reuters) -German industrial orders grew more slowly than expected in February, showing that weak demand in the manufacturing sector continues to drag on Europe's biggest economy. New orders increased by 0.2% on the previous month on a seasonally and calendar adjusted basis, the federal statistics office said on Friday. A Reuters poll of analysts had pointed to a rise of 0.8%.
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Apr 2, 2024 | 
yahoo.com | Maria Martinez |Maria Martínez |María Martínez
By Maria MartinezBERLIN (Reuters) -German inflation eased slightly more than expected in March, helped by a drop in energy prices, preliminary data from the federal statistics office showed on Tuesday. Inflation in Europe's largest economy slackened in March to 2.3%, its lowest level since June 2021. German consumer prices, harmonised to compare with other European Union countries, had risen by 2.7% year-on-year in February.
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Feb 6, 2024 | 
saltwire.com | Maria Martinez |Maria Martínez |María Martínez
By Maria Martinez (Reuters) - German industrial production fell more than expected in December, the federal statistics office said on Wednesday, marking the seventh monthly decline in a row. Industrial production fell in December by 1.6% compared with the previous month. Analysts polled by Reuters had predicted a 0.4% fall. There were particularly strong declines in the important chemical industry, with production falling by 7.6% on the month, and in construction, with a 3.4% decline.
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Dec 15, 2023 | 
news.yahoo.com | Holger Hansen |Maria Martinez |Maria Martínez |María Martínez
BERLIN (Reuters) - The lower house of Germany's parliament approved on Friday the 2023 supplementary budget, with the suspension of a self-imposed cap on borrowing after a constitutional court ruling last month tore up the government's spending plans. The budget was approved with 392 votes in favour and 274 against. It is expected to be voted on in the upper house in the afternoon.
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Nov 17, 2023 | 
zawya.com | Maria Martinez |Maria Martínez |María Martínez
Germany's budget committee interrupted final deliberations on the 2024 draft budget early on Friday morning, according to the chief budget officers of the coalition government, after a constitutional court ruling threw negotiations into disarray. Germany's ruling coalition is scrambling to fix a large hole in its finances after a court ruling blocked the government from transferring 60 billion euros ($65 billion) in unused funds from the pandemic towards green initiatives and industry support.
