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Category Economy

Economic news on companies, work, consumer issues, markets and developments in Germany and Europe.

IW Chief Hüther Warns Against Cap on Fuel Prices

IW Chief Hüther Warns Against Cap on Fuel Prices

Michael Hüther, head of the Institute of the German Economy, expresses concerns about a potential cap on fuel prices and an increase in the commuter allowance. These measures could have undesirable economic consequences.

Pope Leo XIV Leads Easter Celebrations for the First Time

Pope Leo XIV Leads Easter Celebrations for the First Time

Today, on Good Friday, Pope Leo XIV presided over the Easter celebrations at the Vatican, marking a significant shift in the Catholic Church's approach. His tenure signals a return to traditional rituals that were less emphasized under his predecessor.

EU’s New Asylum System Aims for Speed and Fairness

EU’s New Asylum System Aims for Speed and Fairness

The Federal Council has approved a framework for the Common European Asylum System, designed to expedite and enhance fairness in asylum procedures across Europe. This move could significantly address the migration challenges faced by the EU.

EU-Mercosur Trade Agreement: What Lies Ahead?

EU-Mercosur Trade Agreement: What Lies Ahead?

The EU-Mercosur trade agreement could have significant implications for economic and geopolitical relations. Experts are discussing its legal and economic impacts on businesses and policymakers.

Europe’s Invisible Strength

Europe’s Invisible Strength

While the political debate focuses on goods trade and industry, the service sector has long become the hidden driving force of European foreign trade. This often overlooked strength could decisively shape Europe's economic future.

Rich: Economic strength despite narrow growth window

Rich: Economic strength despite narrow growth window

The federal government is relying on relief for companies and stricter antitrust law to secure Germany's economic strength in the crisis. At the same time, ministers admit that the window for growth is tight and the infrastructure requires massive investments.

Germany’s Defense Fund: Billions Lost in Legal Loopholes

Germany’s Defense Fund: Billions Lost in Legal Loopholes

Germany's €100 billion defense fund, meant to modernize the military, is now fueling legal accounting tricks instead of real investments. This fiscal sleight of hand risks national security and burdens taxpayers with debt that buys no tangible security upgrades.