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Economy

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Government Celebrates Bureaucracy Cuts as Public Sector Expands
Economy|Regulation

Government Celebrates Bureaucracy Cuts as Public Sector Expands

As Germany’s labor market collapses, public-sector employers are still hiring. The federal government claims to be slashing bureau…

Ursula von der Leyen faces challenges in Europe.
Economy|Regulation

EU Offers Industry Relief in Carbon Market Overhaul

Brussels wants to extend free carbon allowances and slow the tightening of its emissions cap as it seeks to protect European indus…

Employees install a sensor on a Volkswagen ID. Buzz.
Economy|Regulation

Europe’s Electric Car Transition Could Cost 726,000 Jobs

A Fraunhofer study warns that Europe’s auto industry could shed up to 726,000 jobs by 2040, with suppliers bearing the brunt as el…

Greek shipowners trade in Russian oil.
Economy|Regulation

Who Is Cashing In on Sanctions Against Russia?

Sanctions against Russia have created a billion-dollar business. Greek shipping companies are making a fortune transporting Russia…

Swedish 100-krona banknotes.
Economy|Regulation

How Cyber Threats Put Cash Back in Sweden’s Wallet

Sweden once moved away from cash because it made shops and banks targets. Now the cashless pioneer is bringing bills and coins bac…

Ukrainian steel producers face impact of EU carbon tariffs.
Economy|Regulation

EU Carbon Tariff Deals Fresh Blow to Ukraine's Steel Industry

The EU carbon tariff, intended to protect European manufacturers, is already taking a toll on war-torn Ukraine. Although the mecha…

Canadian Prime Minister Mark Carney discusses the economy.
Economy|Regulation

Canada’s Immigration Growth Illusion

Canada’s headline GDP kept growing while living standards barely moved. Economists say the country’s experience offers Europe a wa…

A harvester cuts maize in a field.
Economy|Regulation

The EU's New GMO Rules: What They Mean for the Future of Food

After three years of negotiations, the European Union has voted to ease restrictions on new genetically modified foods, a decision…

By centralizing control of an EC department handling a third of EU spending, Ursula von der Leyen is seeking to expand her authority over the bloc’s finances. Photo: Getty Images/Christian Marquardt/NurPhoto
Economy|Regulation

Von der Leyen Pushes to Tighten Her Control of EU Budget

The EC president is seeking to consolidate her grip on Europe’s spending by scrapping one of the commission’s oldest services.

A new production line for the Porsche Cayenne in Bratislava. Photo: Gabriel Kuchta/Petit Press/Profimedia
Economy|Regulation

Trump’s Car Tariffs Put Europe’s Small Export Economies Under Pressure

The new US tariffs on European cars are not only a problem for Brussels, Berlin or Paris. In small, export-driven economies such a…

Abolishing inheritance tax boosts growth, raises wages and increases tax revenues, a study from Sweden finds. Photo: Statement/AI
Economy|Regulation

Abolishing Inheritance Tax Boosts Growth

Removing inheritance tax leads to higher salaries, stronger company growth and increased corporation tax receipts, a new study of …

A wave of corporate bankruptcies is spreading across Germany, with mounting concern over a wider domino effect in key sectors. Photo: Wong Yu Liang/Getty Images/ChatGPT
Economy|Regulation

Record Insolvencies Shake Germany’s Economy

Germany is experiencing more corporate bankruptcies than at any point in decades. Companies are cutting investment, shedding jobs …

Germany shifts from industrial exports to defense production as economic pressure and geopolitics reshape its economy. Photo: Statement/AI
Economy|Regulation

Germany’s Industry Turns to Defense

Collapsing profits, thousands of lost jobs and growing geopolitical pressure are forcing Germany to pivot to armaments as its new …

Xi Jinping as Beijing moves to prioritise resilience and self-sufficiency over rapid economic growth. Photo: Kevin Frayer/Getty Images
Economy|Regulation

China's New Five-Year Plan Is a Survival Manual

GDP is no longer the main priority. China's five-year plan goes beyond growth, aiming to build a more self-sufficient economy in a…

Eurozone and weaker growth in 18 of 20 countries.
Economy|Regulation

Rising Government Spending in the EU Erodes Prosperity

The more the state takes from citizens in taxes and levies, the larger its share of the economy becomes. New figures from Eurostat…

Economic freedom ultimately shapes the conditions under which people work, produce, and create value. Photo: AFP / CN-STR / AFP / Profimedia
Economy|Regulation

Index of Economic Freedom: The New Map of Free Markets

The latest Index of Economic Freedom highlights striking differences in economic freedom across the world. While countries such as…

A disengaged office employee sleeps on his keyboard, revealing little interest in his work, a problem that appears to be becoming increasingly serious for Germany. Photo: ChatGPT
Economy|Regulation

Gallup: 77 per cent of German employees work in ‘energy-saving mode’

Only 10 per cent of German employees feel genuinely connected to their employer. In successful economies the figure is significant…

Photo: CFOTO/Future Publishing via Getty Images
Economy|Regulation

EU approves 90 per cent emissions cut by 2040 – four states oppose

The new 2040 climate target stems from a political compromise reached last year by EU governments and MEPs after difficult negotia…

Rim covers for BMW cars are displayed at a scrap yard. Photo: lexander Koerner/Getty Images
Economy|Regulation

Climate Lawsuit Against Mercedes and BMW

In a civil action against German carmakers, the environmental NGO Deutsche Umwelthilfe is seeking to ban the production of interna…

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