Eurozone Net Savings Surge
In the third quarter of 2023, the euro area saw an increase in net saving and a decrease in household debt-to-income ratio and…
ECB Survey: Inflation Angst Calms
The ECB Survey of Professional Forecasters for the first quarter of 2024 reveals that inflation expectations have been revised down, with longer-term inflation…
ECB: Money Growth up 0.1%
In December 2023, the annual growth rate of broad monetary aggregate M3 increased to 0.1% from -0.9% in November. The annual growth rate…
Taxed Cigarettes in Germany More Than Halved
In 2023, the number of taxed cigarettes in Germany decreased by 2.7% compared to the previous year. Since 1991, the amount of taxed…
Germany Starts Microcensus 2024
The Microcensus 2024 has begun in Germany, with approximately 380,000 households and communal accommodations selected for the survey. These households, representing about 1%…
Update: Sartorius Expects Growth
Sartorius, a life science company, expects profitable growth in 2024 and plans for dynamic business development until 2028. Weak demand in the life…
Update: ECB Maintains Key Rate At 4.75%
The European Central Bank's January 2024 rate decision on Thursday.
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SAP Allocates тВм2 Billion to AI-Focused Restructuring in 2024
The company aims to reshape its operational structure to harness organizational synergies, enhance efficiency through AI integration, and prepare for scalable future revenue…
Germany’s Baby Boomer Challenge to Drive Care Work over the Next 25 Years
Germany is on the brink of a major workforce challenge, as the baby boomer generation ages, necessitating a substantial increase in care workers.