Germany's Growth Outlook Improves Modestly Amid Persistent Challenges
Germany's economy is set to leave its stagnation behind, with growth projections showing a modest recovery over the coming years. According to the autumn report from the country's leading economic research institutes, gross domestic product is expected to increase by 0.2 percent this year, followed by more substantial growth of 1.3 percent in 2026 and 1.4 percent in 2027. This represents a...
Massive Police Operation in Munich After Deadly Family Conflict Erupts
Munich was plunged into a state of emergency following a violent family dispute that resulted in a deadly house fire, multiple explosions, and the temporary closure of the world's largest folk festival. According to investigators, the incident began when a 57-year-old man set fire to a residential building in the northern part of the city and deployed explosive devices. The situation...
Subscribe to GIR's Newsletter
The German prosthetics manufacturer Ottobock SE & Co. KGaA has announced concrete details for its planned initial public offering, targeting proceeds of up to €808 million in what would be Germany's largest stock market debut since early 2024. The Duderstadt-based company revealed on Monday that it will offer shares in a price range of €62 to €66, valuing the medical technology firm between...
Germany's Federal Court of Justice (BGH) is currently deliberating whether companies can legally use the "Miss Moneypenny" name from the James Bond franchise to market secretarial and assistant services. The case, which reached the country's highest civil court on Thursday, examines whether the fictional character has achieved sufficient independent recognition to warrant trademark...
The Lufthansa Group has confirmed plans to eliminate 4,000 administrative positions by 2030 as part of a comprehensive cost-cutting initiative. The German airline conglomerate, based in Munich, announced that the reduction will affect approximately 20% of its administrative workforce outside direct flight operations. The move follows unconfirmed reports from the previous week that had...
Thirty-five years after German reunification, women's employment rates have reached parity between eastern and western states for the first time, according to data released by the Federal Statistical Office. The national employment rate for women aged 15-65 has climbed from 57% in 1991 to 74% in 2024, marking a significant transformation in Germany's labor market landscape. This convergence...
A serious traffic accident involving a heavy goods vehicle has caused major disruptions on the A28 motorway between Delmenhorst and Stuhr in Germany. The incident occurred around 11:10 am when a truck traveling toward Oldenburg collided with the central safety barrier for reasons still under investigation.</p>The 43-year-old truck driver from Bremen lost control of his unloaded vehicle,...
German braking systems specialist Knorr-Bremse AG has announced the acquisition of Swiss technology company Duagon Group in a strategic move to strengthen its rail electronics and software business. The €500 million transaction, signed on September 25, 2025, positions Knorr-Bremse to enhance its portfolio of safety-critical applications for rail vehicles and signaling technology. The...
Germany's economy is set to leave its stagnation behind, with growth...
Munich was plunged into a state of emergency following a violent...
German prosecutors have filed charges against a 27-year-old man from...
Zurich residents have voted decisively to implement strict new...
The European Union's automotive industry recorded a 5% year-on-year...
MUNICH — Knorr-Bremse AG, the German manufacturer of braking systems...
A 27-year-old Spanish circus performer died on Saturday after...
Voters across North Rhine-Westphalia returned to the polls on...
