German Consumer Confidence Improves Marginally, Defying Fragile Economy

German consumer confidence edged up slightly, as expectations for the economy and incomes improved, despite still strong unease surrounding the outlook. The forward-looking consumer-climate index ... Read More

German business sentiment for automakers improves in March, Ifo says

Ifo's business climate indicator for the sector rose from -9.9 in February to -5.8 points, the highest value since May 2023. "The German automotive industry now seems to have finally emerged from ... Read More

German Retail Sales Slump More than Expected

German retail sales were significantly weaker than forecast, symbolizing the woes in the sector as consumer confidence remains sluggish. Sales were down 1.9% on month in February, adjusted for ... Read More

German Business Is Tangled in Red Tape

For example, it takes 120 days to obtain a business license in Germany ... suggest ways to alleviate bureaucracy, which they hope German policymakers will take to heart. Read More

Czech Finance Chief Says ‘Crisis Is Over’ as Outlook Improves

The Czech government said the economy was on track to recover from two years of post-pandemic stagnation as the growth outlook improved thanks to stronger corporate investments and household spending. Read More

German Consumer Confidence Improves but Spending Outlook Remains Weak

The German GfK Consumer Climate Indicator increased ... Nonetheless, the 12.4 points continued to signal a lackluster outlook for consumer spending. Income expectations increased by 3.3 points ... Read More

Pro7 Board Rejects Berlusconi Family Plan to Split Up German Broadcaster

ProSieben takes issue with Scettri, noting that as auditor he did “not raise any objections to the violations” of German business law at ProSieben division Jochen Schweizer mydays, which got ... Read More