If the German Federal Statistical Office hadn’t officially announced it last Friday, you wouldn’t have believed it. In Germany, the part of collective wage agreements that leads to a permanent collective wage increase actually amounted […]
German Chancellor Olaf Scholz is not an economic expert. Nobody expects him to be. However, the head of government of the world’s fourth largest industrialised nation should have advisors to protect him from disqualifying himself […]
The price surge triggered by the pandemic in 2021 and the war in Ukraine in 2022, which primarily caused producer prices to soar, was considerably stronger (Figure 2), but the processes are very similar to […]
The challenges facing Eastern EU members’ economies Read HERE
The downward slide of the German economy continues. Production and incoming orders in German industry are still on course for recession in the first month of the third quarter. The latest sentiment indicators, such as […]
The months of talk about a “winter recession”, a “technical” or “mild” recession in Germany, which will be overcome in the course of the year, has come to an end. The indicators are now too […]
Anyone in the civilised world who wants to drive a car must prove that he can correctly assess the direction of movement and speed of his vehicle, master the aids of stabilisation and gain a […]
New data from the German Federal Statistical Office make it clear to even the last doubter: the short phase of high price increases is a thing of the past and the complete normalisation of the […]
Nothing has a harder time in these days than logic. In a world where almost everyone believes that it is all about the “right” values, the correct speech and what is understood by morality, logic […]
The ECB’s decision on 2 February to raise interest rates again by 0.5 percentage points and to announce an equally large increase for March will go down in history as a grand misjudgement. Although it […]
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