€20 and €50 Most Counterfeited
The number of counterfeit euro banknotes withdrawn from circulation in 2023 was low, with 467,000 counterfeit notes being removed. The majority of these…
German Rail Strike Ends Early
In a significant development in the ongoing labor dispute, the Gewerkschaft Deutscher Lokomotivführer (GDL) has prematurely ceased its strike actions in both goods…
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%…
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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.
Kindergarten Staff in Germany Increase by 51% in a Decade
The number of educational professionals in kindergartens reached approximately 702,200, compared to 465,000 in 2013.