Germany Interest Rates News Monitoring

Are interest rates about to be cut again?

The time has come around for the European Central Bank's decision makers to meet again to ponder monetary or interest rate policy. On Thursday they will gather in Slovenia for their latest consideration of the European economic environment. How likely …

Germany: EIB and IKB help middle-sized companies to access sustainable finance

(Credit: Unsplash) This article is published in association with European Investment Bank. A new loan portfolio of €400 million will support financing for mid-cap companies. Firms with up to 3 000 employees will be eligible to apply for a loan. The EIB is …

Sudarshan Chemical to acquire German pigment maker Heubach

Sudarshan Chemical Industries Ltd said Friday it has agreed to acquire German pigment manufacturer Heubach Group for €127.5 million (Rs 1,180 crore or about $139 million) in an asset and share deal.   The acquisition will increase Sudarshan Chemical’s …

France and Belgium see ratings outlooks cut to negative

"France's new center-right government, led by Prime Minister Barnier, lacks an absolute majority in a highly fragmented parliament and will need to rely on tacit approval from the far right to get legislation approved," it added. At the same …

STOXX 600 closes higher with focus on interest rate cuts, US data

European stocks settled higher on Wednesday, bouncing from losses in the previous session as investors focussed on upcoming interest rate cuts and a key U.S. inflation report later this week. The continent-wide STOXX 600 index was up 0.6%, with the …

ECB Is Set to Deepen Global Easing With Rate Cut It Didn’t Expect

(Bloomberg) -- The European Central Bank will probably advance the global push for monetary easing in the coming week with an interest-rate cut that policymakers had all but ruled out just a month ago. The third quarter-point reduction of this cycle is …

Stubbornly weak domestic and foreign demand, high interest rates and costly energy in the wake of Russia's war in ...

Ryanair axes thousands of flights to Germany in tax row with Scholz

Swedish furniture retailer IKEA has urged China to deploy a further stimulus, ahead of government announcement planned for Saturday that is expected to outline plans to reinvigorate the economy. Falling Ikea sales, which we reported on earlier, are highly …

Franco-German partnership erodes as EU faces new challenges

For decades, the Franco-German partnership has served as the backbone of the European Union (EU), guiding the bloc through crises and fostering stability. This alliance, defined by economic cooperation and political trust, has historically positioned …

Five Themes for Traders to Watch as Earnings Season Kicks Off

Breadcrumb Trail Links PMN Business Earnings season is here, and the US stock market’s furious $9 trillion 2024 rally is facing perhaps its biggest test of the year. Author of the article: Bloomberg News Jessica Menton and Sagarika Jaisinghani Published …

Volkswagen's woes reflect a stagnant German economy

Volkswagen's woes reflect a stagnant German EconomyNo industry is more important to the German economy than automobiles. And no carmaker is more important than Volkswagen. Now, as the 87-year-old automaker is floating the prospect of job cuts and …

'A new peak': How high have rents risen in Germany's metropoles?

While each of Germany's cities has its own unique character, there's one thing they all have in common: finding a flat in these metropoles is becoming ever more difficult - and more expensive.  For those lucky enough to have an older contract on a …

Germany set for a two-year recession as crisis deepens

By City Reporter Updated: 03:56 EDT, 10 October 2024 Germany looks set for a two-year recession as it cements its status as the 'sick man of Europe'.  As the country's economy minister admitted 'the situation is not satisfactory', his …

Eat, Sip, Shop: French-born chef opening ‘dream’ bakery in Lehigh Valley

ALLENTOWN, Pa. – A renowned chef – who has amassed a large and loyal fan base by serving up her artisanal tarts, croissants, macarons and other French treats at local farmers markets – is planning to open her first brick-and-mortar bakery in Lehigh County …

VOXX International Corporation (NASDAQ:VOXX) Q2 2025 Earnings Call Transcript

VOXX International Corporation (NASDAQ:VOXX) Q2 2025 Earnings Call Transcript October 11, 2024 Operator: Welcome to the Fiscal 2025 Second Quarter Results Conference Call. At this time, all participants are in a listen-only mode. After the speakers’ …

Germany slashes 2024 growth outlook

FRANKFURT: The German government on Wednesday slashed its 2024 forecast for Europe’s largest economy, saying it will contract for a second straight year before a recovery gets under way in 2025. Output is expected to shrink by 0.2 percent in 2024, the …

Portugal Bucks European Housing Market Trends

Recent data from Eurostat's House Price Index (HPI) reveals a complex picture across the European Union, with Portugal standing out for its positive performance. In the first quarter of 2024, while the euro area experienced a 0.4% decline in house …

Germany heading for recession as 2024 GDP forecast to shrink by 0.2%

Germany's gross domestic product (GDP) is expected to decline by 0.2% in 2024, according to a revised government forecast on Wednesday, meaning Europe's biggest economy is on course for recession. The adjusted figures presented by Economy Minister …

Germany expects economy to shrink in 2024 after cutting forecast

Germany, which once depended heavily on Russian gas, was hit harder than other big European economies by the energy crisis caused by the Ukraine war, which sent a chill through energy-intensive industries. As energy prices eased, ministers and economists …

Diverse speaker line-up set to energise the Resourcing Tomorrow/Mines and Money agenda

LONDON, UNITED KINGDOM, October 12, 2024 /⁨EINPresswire.com⁩/ -- Crucial engagement and collaboration across industries and sectors is a major theme of Resourcing Tomorrow/Mines and Money in 2024, and the calibre of speakers assembled for …

Ukrainian and Norwegian defence committees hold exchange on mechanisms of democratic control of the armed forces

12 October 2024 The NATO Parliamentary Assembly hosted an online meeting on Thursday 10 October for members from the Committee on National Security, Defence and Intelligence of the Verkhovna Rada of Ukraine and the Standing Committee on Foreign Affairs and …

With Retail Theft Skyrocketing Under Gascon, 7-Eleven Franchise Owners Endorse Nathan Hochman for District Attorney

LOS ANGELES, CA, UNITED STATES, October 11, 2024 /⁨EINPresswire.com⁩/ -- Spurred to action by years of increasing retail theft under the current D.A., California 7-Eleven franchise owners are enthusiastically supporting Nathan Hochman for Los …

Comments on Presidential Nominee’s Proposal to End Double Taxation for U.S. Expats

Greenback Expat Tax Services, a leading provider of tax services for Americans living abroad, welcomes attention to the critical issue of double taxation. GRANDVILLE, MI, UNITED STATES, October 11, 2024 /⁨EINPresswire.com⁩/ -- Greenback Expat Tax …

Over 500 Ontario Parents Unite to Discuss the Challenges of CWELCC at Parent Awareness Night

Parent education event first of several planned to raise awareness about flawed $10/day childcare program and its impact to sector and families. VAUGHAN, ONTARIO, CANADA, October 11, 2024 /⁨EINPresswire.com⁩/ -- The Ontario Childcare Parent …

George Magazine Introduces Exclusive 'George Vault' for Subscribers

LITTLE ROCK, AR, UNITED STATES, October 11, 2024 /⁨EINPresswire.com⁩/ -- George Magazine, known for its sharp political insights, has unveiled a new subscriber-exclusive feature aimed at providing deeper access to sensitive and protected content. …

How a Forbes Market Call Led to Meeting Suriname’s President Before the Country Approved Its Monumental Energy Project

HOUSTON, TX, UNITED STATES, October 11, 2024 /⁨EINPresswire.com⁩/ -- Making market calls and forecasting energy trends can be formidable, especially for industry veterans like Fernando C. Hernandez, who is directly involved in various energy …

Being Paid to Learn Beats Paying to Learn

MACON, GA, UNITED STATES, October 11, 2024 /⁨EINPresswire.com⁩/ -- Congressional Candidate Wayne Johnson has a plan for a paid apprenticeship for young and old looking to establish a solid career path, or even change careers. Johnson knows how …

George Landrith of Frontiers of Freedom to be Featured on Close Up Radio

FAIRFAX, VA, UNITED STATES, October 11, 2024 /⁨EINPresswire.com⁩/ -- George Landrith, President of Frontiers of Freedom, a leading public policy think tank committed to promoting individual liberty, free markets, a strong national defense, and …

Pin for Purpose Rallies Nationwide Democratic Support

Grassroots-driven movement amplifies Harris campaign and down-ballot efforts. WASHINGTON, DC, UNITED STATES, October 11, 2024 /⁨EINPresswire.com⁩/ -- The Pin for Purpose "We Choose Freedom" showing support for Kamala Harris and other …

Heidi Kühn Congratulates 2024 Nobel Peace Prize Winner, Announces Post-Conflict Development Initiative with UC Berkeley

SAN RAFAEL, CA, UNITED STATES, October 11, 2024 /⁨EINPresswire.com⁩/ -- Heidi Kühn, founder of the humanitarian organization Roots of Peace, has extended her heartfelt congratulations to the Japan Confederation of A- and H-Bomb Sufferers …

Global economic engagement in the Indo-Pacific focus of OSCE Asian Partners for Co-operation Group Meeting

On 11 October 2024, North Macedonia, as Chair of the Asian Partners for Co-operation Group, organized the fourth OSCE Asian Partners for Co-operation Group meeting in collaboration with Australia. This meeting centered on the theme "Global Economic …

Anti-trafficking practitioners meet in Italy for first Mediterranean regional simulation-based training exercise

The first Mediterranean regional simulation-based training exercise for anti-trafficking practitioners from OSCE participating States and Partners for Co-operation concluded today in Vicenza, Italy, at the premises of the Centre of Excellence for Stability …

OSCE hosts workshop on mitigating money laundering and terrorism financing risks in the evolving digital asset ecosystem

From October 9 to 11, the OSCE hosted the "Virtual Asset Service Providers regulation support framework" workshop, bringing together various practitioners from Ukraine, Moldova, and Armenia. The event, held in Vienna, was built around …

Strengthening energy security amid geopolitical shifts and climate challenges in focus at the 7th Vienna Energy Security ...

The pressing challenge of managing energy systems with wise foresight and balancing immediate energy security concerns with long term climate and energy goals was at the core of this year’s edition of the Vienna Energy Security Dialogue. Titled “Energy …

Alona Lebedieva on the Need for Fair Reforms of Ukraine’s Tax System

KYIV, UKRAINE, October 11, 2024 /⁨EINPresswire.com⁩/ -- The Ministry of Finance of Ukraine has announced an initiative to review tax benefits within the framework of cooperation with the International Monetary Fund (IMF). This decision, supported …

Third Annual Afro Awards 2024: A Celebration of Excellence Meets Diversity at the DGA on October 12, 2024

2024 Honorees include Miquel Nunez, John Salley, Inglewood Mayor James T. Butts, Rev. Dr. Marci Janell, Dr. Marie Y. Lemelle, Leah Daniels-Butler, and more. HOLLYWOOD, CA, UNITED STATES, October 10, 2024 /⁨EINPresswire.com⁩/ -- Afro Awards Founder …

Pakistan's deepening strategic reliance on China

The strategic alliance between Pakistan and China, driven largely by opportunism and geostrategic interests, seems unshakable. However, the extent of its mutual benefit remains under scrutiny, especially for Islamabad, whose reliance on Beijing continues …

New leaders elected at Reserve Organization of America’s annual meeting

WASHINGTON, DC, UNITED STATES, October 11, 2024 /⁨EINPresswire.com⁩/ -- On Oct. 6, a new group of leaders was sworn in during the Reserve Organization of America’s annual meeting at its Minute Man Memorial Headquarters building on Capitol Hill, …

UNHCR Press Release - UNHCR: Decade of action against statelessness brings big gains but further action needed

UNHCR: Decade of action against statelessness brings big gains but further action needed GENEVA, SWITZERLAND, October 11, 2024 /⁨EINPresswire.com⁩/ -- More than half a million people around the world who were living in the shadows, deprived of …