And if has dropped elsewhere in Germany it’s because Germans have stopped buying things they otherwise would have bought.
German inflation eases to 6.5% in July – German inflation eased in July, the federal statistics office said on Tuesday, confirming preliminary data.
German consumer prices, harmonised to compare with other European Union countries, increased by 6.5% on the year in July.
This follows a 6.8% increase in June.
That means to shrink.
You know. As in the Sick Man of Europe? The Incredible Shrinking (or was it Sinking) Country?
German Economy Shrinks Faster Than Expected – It’s a rare thing to happen, but Germany now looks like the sick man of Europe, a phrase previously often used to describe Britain.
The health of the business sector dropped significantly in June, according to recent data. The Ifo Business Climate index for Germany, which measures the health of the commercial sector, registered 88.5 in June, down from 91.5 in May. Higher numbers show economic strength, whereas lower ones show a weakening of the economy.
Speaking of sinking…
You are DEFINITELY tipping way too much over here.
Germans best tippers in Europe, finds poll. Italians? Not so much – Dutiful German generosity revealed in analysis of gratuity habits in six EU countries, the UK and US.
They have this annoying tendency to not spend money they don’t have.
It has to do with something they call “debt.” Whatever that is.
Analysis: Spend the recession away? Not the thrifty Germans – A drop-off in spending by inflation-hit consumers was one of the main reasons Germany fell into recession in the first quarter, even as other countries in the region managed to avoid it.
What’s more, even with inflation starting to ease across Europe, the signs are that Germany’s famously thrifty shoppers are not ready to spend their way out of recession – meaning the region’s largest economy will have to look elsewhere for growth.
Then it’s time to abandon ship.
Greens don’t control damage. They create damage that goes out of control.
Germany foreign minister embarks on post-Macron ‘damage control’ in China trip – Germany’s foreign minister begins a visit to China on Thursday aiming to reassert a common European Union policy toward Beijing days after remarks by French President Emmanuel Macron suggested disarray in the continent’s approach to the rising superpower.
“She was sort of perceived as being a troublemaker. I’d be surprised if this does not play a role at all in her visit.”
Energy price falls spark drop in German and Spanish inflation – Headline pressures ease but investors bet ECB will have to raise interest rates in May.
Some members of the governing council have called for the bank to adopt a more cautious approach after raising interest rates by half a percentage point this month.
The turmoil in the banking sector has also opened up the prospect of a potential credit crunch that could slam the brakes on both inflation and growth in the coming months.
That means “blockade politics” or conducting a policy of obstruction.
Geez. The EU is getting really frustrated with Germany these days because it still acts as if it were a sovereign country from time to time.
Germany Is Becoming a Roadblock for More and More EU Business – Row over combustion-engine ban symptomatic of wider problem, Conduct seen as especially unhelpful during period of upheaval.
The unpredictable behavior of Germany’s ruling coalition is becoming a disruptive influence in Europe and raising hackles across the continent.
A last-ditch move this month to block a European Union push to phase out combustion-engine vehicles was only the latest example. On issues ranging from financial aid for Ukraine to reform of state-aid and budget rules, Germany’s EU partners and officials in Brussels have become increasingly frustrated with Chancellor Olaf Scholz’s center—left alliance of his Social Democrats, the Greens and the business-friendly Free Democrats.
Thanks to Germany’s clever immigration policy.
The avalanche Angela Merkel set off back in 2015 is finally starting to pay off!
Shortage of engineers, scientists threatens German industry – Germany’s homegrown population is declining, and with it the number of science and engineering students.
German engineering is known worldwide for its quality and innovation. But that brand is under threat. The number of students beginning university degrees in STEM fields — shorthand for science, technology, engineering, and math — fell 6% in just one year, according to a recent study from the nation’s federal statistics agency.
That means… The hell if I know.
Other than maybe meaning German citizenship will soon be selling like heiße Kuchen (hotcakes). Of course, it could also mean “lets let our own German identity roll over and die.”
‘Hybrid identities’: why Germany is updating its citizenship rules – The draft law would allow people to apply for citizenship after just five years of residence in Germany, rather than eight years currently. It also states that: “Those who have made a particular effort to integrate — such as becoming proficient in German, doing voluntary work or performing well in school — can apply after three years.”
“The idea that you have only one homeland is completely outdated.”
And since the policies which allowed the suspect to be in the country in the first place must remain above reproach…
It’s time to consider tougher knife control laws in Germany again.
Palestinian man arrested for deadly stabbing spree on German train – A knife-wielding man described as a stateless Palestinian fatally stabbed two passengers and injured seven others on a train in northern Germany before being grabbed by members of the public and arrested by police, officials say. The motive of the attack was not immediately known.
Observing Hermann 