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German economy

Economy

German carmakers drive surprise rise in industrial output

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Business

BMW bets on AI, job cuts and €2bn to boost German production

German premium carmaker BMW Group is investing around €2 billion in vehicle production and battery manufacturing in Germany, as it unveils plans to rebuild profitability.

30 September 2026

Economy

German exports fall for first time in five months, deepening recovery fears

Germany's export engine is sputtering. Shipments fell in July for the first time in five months, as weaker demand from China and the eurozone outweighed a rebound in US trade.

8 September 2026

Economy

German inflation rises to 2.9% in August, coming in below expectations

Inflation in Germany rose 2.9% in the year to August on the harmonised measure tracked by the European Central Bank, a fresh acceleration from July but well short of the 3.1% economists had expected, in a reading that offers modest relief to policymakers meeting in Frankfurt next week.

Economy

European gas prices spike above €70 amid renewed Middle East fighting

The benchmark Dutch TTF natural gas price rose above €70 per megawatt-hour on Monday, as renewed fighting between the US and Iran raised fresh concerns about further delays to LNG exports from the Persian Gulf.

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Economy

Germany risks missing gas storage target, threatening industry output

Germany will miss its November gas-storage target if injections continue at their current pace, the country’s storage association has warned. Although there is no immediate gas shortage, low storage levels combined with a very cold winter could threaten industrial production in the country.

Tech News

Gamescom: Germany is Europe’s largest video game market

Gamescom in Cologne is the world's biggest fair for computer and video games. In 2026, it set a record for exhibitors and was visited by the German president and leading politicians.

Economy

German economy grows faster than estimated as exports rebound

Europe's biggest economy expanded by more than expected between April and June, driven by strong exports, despite the disruption caused by the Iran war. Business sentiment also improved across every major sector.

Business

BMW plans to cut around 8,000 jobs in major cost-saving drive

The German carmaker has agreed a voluntary redundancy programme targeting administrative and development roles, while ruling out compulsory redundancies and cuts to production jobs, according to media reports.

Europe News

Porsche plans Cayenne return to Leipzig as staff face pay cuts

The Cayenne is set to return to Germany. But the planned move of production to Leipzig apparently comes at a high price, with staff expected to give up part of their pay.

Business

Crisis deepens: VW reportedly planning to cut up to 100,000 jobs

Volkswagen is reportedly preparing what could become the most radical overhaul in its history. Up to 100,000 jobs could be cut worldwide, while four German plants could close.

Economy

Economist: Germany’s economy needs “bold revolutionary approach”

Germany is Europe's largest economy. Poland is Europe's most successful one. For economist Marcin Piątkowski, that sounds like a "match made in heaven." In an interview with Euronews, he explains what Germany can learn from Poland's remarkable economic success story.

Europe News

Economy: Poland pulls ahead as East Germany’s catch-up falters

Eastern Germany risks falling behind, economists warn, while neighbours such as Poland are booming. What sets them apart, and what does the East need to turn things around?

Business

Experts warn of China shock 2.0 as German government stays passive

A new study finds that Germany’s weak growth is not just home-made. Economists warn of a “China shock 2.0”, yet the federal government is slow to respond.

Business

Germany turns to Canadian LNG as Iran war fuels energy fears

Canada has reached an agreement to export liquefied natural gas to Germany from a planned Pacific coast terminal, an official familiar with the matter said on Tuesday.

Business

German business confidence rises despite Iran war energy shock

German business confidence rose unexpectedly in May, breaking a run of declines linked to the Iran war and offering cautious optimism that Europe's largest economy is proving more resilient than initially feared.

Business

Commerzbank axes 3,000 jobs as it battles UniCredit takeover bid

Commerzbank wants to cut a further 3,000 jobs and at the same time significantly increase its profit targets. The reorganisation is the bank's response to the takeover ambitions of the major Italian bank UniCredit.