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Germany’s dogmatic and ideological green “Energiewende” has given us the dirtiest and most expensive energy. I’m saying this as a proponent of renewable energy – but the way this was done was utterly naive and destructive.
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Germany’s economy is rebounding faster than expected a few months ago, Bundesbank President Joachim Nagel said
GERMANY (OCT) CPI EU Harmonized YoY ACTUAL: 2.8% VS 2.8% PREVIOUS;EST 2.8%
GERMANY (OCT) CPI EU Harmonized MoM ACTUAL: -0.1% VS -0.1% PREVIOUS;EST -0.1%
GERMANY (OCT) CPI YOY ACTUAL: 2.8% VS 2.8% PREVIOUS;EST 2.8%
GERMANY (OCT) CPI MOM ACTUAL: -0.2% VS -0.2% PREVIOUS;EST -0.2%
GERMANY FACES NEW JOB CUTS AS ECONOMIC RECOVERY FALTERS Nearly one-third of German companies plan to cut jobs in 2027, according to a survey of more than 1,000 firms by the German Economic Institute (IW). 32% expect layoffs, up from 29% in spring, while only one in six plans to hire. Nearly 40% intend to reduce investment, and 80% expect production to stagnate or decline. Germany's GDP growth slowed to 0.2% in Q3, while 47% of industrial firms report worsening business conditions. IW warns Germany's brief recovery could end in 2027, with business expectations stuck in their longest slump since 2005.
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GERMANY'S MERZ SAYS ON EU BUDGET CANNOT LESSEN SUPPORT FOR UKRAINE
GERMANY ISSUES ULTIMATUM TO SECURE UKRAINE FUNDING – FT