German Business Press, in English
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Bundesbank Details Cross-Border Credit Claim Collateral Route via ECMS From 2026
Bundesbank counterparties in Germany can use foreign-law euro-area credit claims as central bank collateral via ECMS and...
Hungary Shuts Paks Nuclear Plant for First Time in 44 Years as Danube Hits Record Low
Record-low Danube levels are forcing Hungary to take its only nuclear plant offline, risking power import costs of up to...
The Azores: Whales, Volcanoes and a Growing Remote-Work Scene
Portugal's mid-Atlantic islands are betting on subsea-cable internet and boutique hotels to become a workation destinati...
Trump Says Iran Strikes Called Off, Citing 'Outlines of a Deal'
Trump says he has paused a planned US assault on Iran and set conditions for an agreement — but Tehran and other parties...
Gaza Strikes Continue as Iran Tensions Rattle Gulf Oil Routes
Israeli airstrikes in Gaza persisted despite Trump's ceasefire breakthrough claim, while US-Iran threats escalate over G...
Five Proposals to Stop the ‘Silent Erosion’ of German Industry
A leading German daily warns that politically self-inflicted investment weakness is eroding the country’s research-inten...
Why Germany, a Large European Economy, Has Only One Water-Bombing Plane
As wildfires rage across southern Europe, Germany relies on a single fixed-wing water bomber. Ordnance-contaminated fore...
Handelsblatt Weekend Letter: Why Business Keeps Coming Back to Human Connection
Handelsblatt's weekend letter argues that transformation, succession and communication all come down to human connection...
Germany's Foreign Office Lays Out Corruption Prevention Contacts and Rules
Germany's Federal Foreign Office restates its anti-corruption framework, naming Thomas Weich as the contact for staff an...
German Unemployment Tops 3 Million in July as Labor Market Weakness Persists
Germany's jobless count topped three million in July, up 71,000 month on month, with the rate at 6.4%. The labor agency ...
EU Creates New Customs Agency in Lille to Centralise Data and Risk Checks
A new EU customs agency in Lille will run a bloc-wide data hub and risk controls from autumn 2026, reshaping how importe...
New German Tax ID Letter From August 2026: Clearer and No Action Required
Germany will send a simpler, more personal tax ID notification to newborns and new arrivals from August 2026, as part of...
Sylt Property Listings Jump 514% as Holiday-Let Rules Raise Luxury Vacancy Fears
Sylt's for-sale listings have grown 514% since 2022 as authorities crack down on unauthorised holiday lets, yet average ...
Germany's Official Education, Research and Culture Statistics at a Glance
A guide to what Destatis covers in education, research and culture: schools, universities, vocational training, R&D spen...
Germany's Destatis to Close Economic Indicators Page; Data Moves to Two Portals
Destatis will stop updating its Konjunkturindikatoren webpage in October 2026 and shut it down in early 2027; the data s...
Fake 'Destatis' Letters Again Demand Data for Nonexistent Study
Germany's statistics office warns that letters forged in its name demand data for a study that does not exist and threat...
How Germany Tracks Its Businesses: SMEs, Global Giants and the EU Data Reset
Destatis explains its enterprise statistics — from an SME-dominated business register to a dedicated unit policing how m...
Siemens Healthineers Cuts Sales Outlook on Lab Diagnostics Drag; Shares Slide
Siemens Healthineers lowered its comparable revenue growth target for fiscal 2025/26 after a soft third quarter, while r...
Ferrero Seeks Seasonal Production Workers in Italy for 2026, Offering Over €25,000 Base Salary
Ferrero is accepting applications for temporary shift-work roles in its Italian factories, with a guaranteed minimum ann...
US National Debt Nears $40 Trillion—What That Means for Global Borrowing Costs, Exports, and Alternative Assets
With the US federal debt reaching $39.6 trillion and net interest costs topping $1 trillion, the fiscal trajectory is in...
Brenner Base Tunnel Breakthrough: 64-km Rail Link to Cut Alpine Crossing to 25 Minutes, but German Bottleneck Looms
The world's longest underground railway connection is taking shape, but Germany's delayed northern access line threatens...
Millennials' Wealth Gap: Early Homeowners Tap Boomer-Style Gains, Younger Renters Left Behind
New data from Germany and the U.S. reveals a deep split among millennials: those who bought a home before the price surg...
HF Sinclair to End 80-Year Refining at Canadian Base Oil Plant; Keep Blending, R&D
The Clarkson refinery in Mississauga will cease producing base oils by 2027, shifting to imports, while retaining blendi...
Queensland Launches $146m Critical Minerals Plan to Counter China’s Dominance
The Australian state’s four-year strategy aims to accelerate extraction, processing and export of rare earths and other ...
DAX Eyes Record High as Amazon and Microsoft Ignite Global Tech Rally
Strong earnings from Amazon and Microsoft fuel a surge in U.S. and Asian markets, putting the DAX within reach of a reco...
How Holiday Childcare by Grandparents Can Lower Your Tax Bill
German tax law lets parents deduct travel costs reimbursed to grandparents who care for children during school breaks. P...
Apple Delivers Record Quarter, But Stock Tumbles 8% as Market Fears Loom
Apple's revenue surged 16% to $109bn, with iPhone sales up 22% to a record $54bn for a spring quarter. Consumers rushed ...
Allianz Tightens Grip on Pimco with €1.4 Billion Share Buyback from Former Staff
Allianz is raising its ownership in bond fund giant Pimco to at least 95 percent, buying out former employees' stakes fo...
Bank of Japan Keeps Rates at 1.0% as Dissenter Calls for Immediate Hike
The BOJ held its short-term rate steady in an 8-1 vote but signalled more tightening ahead, with board member Hajime Tak...
Austria Extends Fuel Tax Brake Through August, Warns of Potential Margin Caps
Austria extends its fuel tax brake through August, cutting mineral oil tax by 1.9 cents per litre. Officials warn that a...
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