The market share of electric cars in Germany will probably fall to 28 % in 2023 due to the end of subsidies for the purchase of hybrid models, they pointed out from the car manufacturer sector to the Sunday newspaper "Welt am Sonntag".
Hildegard Müller, president of the German Association of the…
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Brazil and Germany support agreement between Europe and Mercosur
The recent visit to Brazil by German Chancellor Olaf Scholz was the setting for the signing of a joint declaration with President Luiz Inácio Lula da Silva, on a possible agreement between Europe and Mercosur.
This Wednesday, Scholz and…
Germany could enter a technical recession
Inflation and the energy crisis slowed down the German economy in the fourth quarter of 2022, which could lead to a recession in the first months of the new year, according to data from the Federal Statistical Office released on Monday.…
Shortage of qualified employees in German commerce increases
The shortage of skilled workers is also causing increasing problems in retail trade in Germany, which lacked more than 37,000 employees between July 2021 and July 2022, according to a study by the Institute for German Economics (IW)…
German inflation slows to 10 % in November
The consumer price index (CPI) in Germany stood at 10 % in November, which represents a slowdown of four tenths compared to the year-on-year increase registered in October and the same figure as in September, according to the data advance…
Germany will lose 7 million workers by 2035
The German labor market, already affected by a shortage of qualified labor, will lose some seven million workers by 2035 if corrective measures are not taken, according to a study released today.
A study by the Nuremberg Employment…
Germany tops list of world’s most pro-crypto countries in Q3 2022
Cryptocurrencies are present in most of the world's economies. Germany is not out of the adoption trend and, according to a study by Coincub, the European country is in the top of the most favorable to crypto adoption for the third quarter…
Vodafone will install fiber optics in Germany
The telecommunications group Vodafone today announced an agreement with the French multinational Altice to deploy fiber optics to seven million German homes with an investment of 7,000 million euros (6,814 million dollars) in six years.…
BMW sales reach almost the level of the previous year
The German automaker BMW sold in the third quarter almost the same number of cars as in the same period of the previous year and recovered part of the deficit of the first half, the company reported this week.
BMW sales director Pieter…
Hugo Boss joins the NFT universe
German fashion house Hugo Boss announced that it will join the universe of non-fungible tokens (NFT) with the launch of its own collection.
This will be possible thanks to the association with the company of the Web 3.0 world, Imaginary…
Berlin solves housing shortage by adding flats to old buildings
A project by the municipal company Howoge aims to overcome the housing shortage in Berlin by adding prefabricated flats to older buildings, as presented today.
In this way, he reported, three new apartments and more than 20 homes were…
German minister advocates banning power cuts to homes
The German Minister for Consumer Protection, Steffi Lemke, today advocated prohibiting electricity and gas cuts to consumers who cannot pay the corresponding bills, in statements to dpa.
"The government has decided to put in place a brake…