It's raining in the rainforest, but Robert Habeck still has time for a snappy video. "As always, when you go somewhere else, the perspective changes," says the Green Economics Minister to the camera. It was no different in Brazil. After all, there is a lot of discussion in Germany about whether a trade agreement between the EU and the four Mercosur countries could also help protect the rainforest and the climate. "What I've learned here is that it's not only...
From Michael Bauchmüller and Claus HulverscheidtThere is a lot of hammering going on around the German boiler room. "Residential hammer", "heating hammer", "energy hammer" - these are now common terms for the building energy law that the building minister Klara Geywitz (SPD) and economics minister Robert Habeck (Greens) have presented. With so much hammering, the green vice chancellor seems increasingly annoyed. "To say we want to be climate-neutral in 2045, people will quickly install a few more gas heaters is...
Although several credit institutions have recently gotten into a tailspin, the monetary watchdogs are continuing on their course. The concern that inflation could otherwise get out of hand again is too great source site
From Michael Bauchmüller and Claus HulverscheidtThere is a lot of hammering going on around the German boiler room. "Residential hammer", "heating hammer", "energy hammer" - these are now common terms for the building energy law that the building minister Klara Geywitz (SPD) and economics minister Robert Habeck (Greens) have presented. With so much hammering, the green vice chancellor seems increasingly annoyed. "To say that we want to be climate-neutral in 2045, people will quickly install a few more gas heaters,...
The overall economic development in Germany has changed compared to autumn 2022 slightly improved, but the situation remains tense. This is the conclusion reached by the economists who published their updated economic forecast for the current and the coming year this Wednesday. They are expecting one this year Gross domestic product (GDP) growth of 0.2 percent, for 2024 they expect growth of 1.3 percent. In November they had forecast a slight decline. The high inflation continues to be a major...
The overall economic development in Germany has changed compared to autumn 2022 slightly improved, but the situation remains tense. This is the conclusion reached by the economists who published their updated economic forecast for the current and the coming year this Wednesday. They are expecting one this year Gross domestic product (GDP) growth of 0.2 percent, for 2024 they expect growth of 1.3 percent. In November they had forecast a slight decline. The high inflation continues to be a major...
It was a lucrative but also a turbulent year for the power company RWE. In Lützerath there were bitter protests against the fact that the abandoned village south of Mönchengladbach fell victim to the Dax company's lignite excavators. So it's no wonder that CEO Markus Krebber doesn't want to look back on this episode at the balance sheet presentation on Tuesday in Essen. "It's incredibly important that we look ahead now," he says when asked the relevant question. It is...
The production of wristwatches, wall clocks, cuckoo clocks or alarm clocks has declined significantly in recent years, as the Federal Statistical Office in Wiesbaden announced with a view to the time change at the weekend. Especially cuckoo clocks and wristwatches have sales problems.According to the statisticians, around 385,200 watches worth 287 million euros were produced in Germany in 2021. That was 16.3 percent less than ten years earlier. In 2011, 460,500 watches worth 275.1 million euros were made. Wristwatches, wall...
Almost two weeks have passed since the big bang with which Christian Lindner shattered the schedule for preparing the 2024 budget. However, anyone who believed that the shock could prove beneficial and put an end to the dispute over money between the finance minister and his cabinet colleagues was clearly mistaken. On the contrary: At the moment there is little to suggest that the traffic light coalition will soon be able to make up for the second attempt to pass...
From Meike Schreiber and Markus ZydraThe long rescue weekends in financial crises always have one thing in common: the Monday when the stock exchanges open again gives the answer as to whether the central bank, state and financial sector were lucky. Now we know: the rescue package for Credit Suisse prevented a crash for the time being. source site
