Surveying 186 economic analysts, German thinktank ZEW said its monthly Indicator of Economic Sentiment slipped 0.8 of a percentage point from October, settling at 38.5.
Tag: Germany
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GERMANS SEE HEATING BILLS TRIPLE SINCE OUTBREAK OF UKRAINE WAR
Germans are forced to spend more on their energy demands because of Berlin’s decision to cut off Russian gas, and have seen their heating bills increase by 82 percent since 2021, Euronews reported.
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NUREMBERG ACCUSED OF CENSORING BOOK FAIR THAT CONTAINED LITERATURE ON GAZA, RISK OF WWIII
Nuremberg, the German city, was accused last week of pulling the plug on a book fair that was to feature literature on the Gaza genocide and the looming world war.
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GERMANY’S ECONOMIC DECLINE IS ‘DRAMATIC,’ THINKTANK SAYS
Germany’s economic productivity has flatlined since 2018 and the country’s economic decline is becoming “dramatic,” according to a report by the Ifo Institute, a German research organization widely regarded throughout Europe.
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WARMONGER SHOW: EU CONSIDERS TRANSPORT PLAN TO MOBILIZE TROOPS IN CASE OF WAR WITH RUSSIA
Officials in Europe are considering plans on how to move a large number of troops across the continent in the event of an all-out war with Russia, and one of the ideas is to combine transportation assets in a “solidarity pool,” according to a report.
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GERMANY SET TO SPEND €10 BILLION ON DRONES FOR WARFARE
Boris Pistorius, the German defense minister, announced last week that the country plans to spend €10 billion on military drones in part of its effort to revamp its armed forces in the face of what it sees as a new threat.
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GERMAN MILITARY APPOINTMENT LATEST SIGN COUNTRY IS PREPARING FOR WAR WITH RUSSIA: REPORT
The decision made by Berlin to go with Christian Freuding as the country’s new Inspector of the Army is the latest sign that Germany is preparing for a direct war with Russia, according to WSWS.
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MERZ’S LATEST COMMENTS ABOUT RUSSIA SHOULD BE SEEN AS A ‘DECLARATION OF WAR,’ WRITES WSWS
German Chancellor Friedrick Merz addressed an audience in Düsseldorf last week and said while Berlin is not technically at war, it should be noted that the country is also “no longer at peace either,” which WSWS said is essentially a “declaration of war.”
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WORLD’S FIRST “AIR BATTERY” WILL BE INSTALLED IN A GERMAN SALT CAVERN
Israel-based Augwind Energy will build the world’s first industrial-scale version of its “AirBattery” in Germany, with plans to bring it into use in 2027 or 2028.
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RHEINMETALL HEAD WANTS MORE EUROPEAN INVESTMENT IN ANTI-DRONE TECHNOLOGY
Armin Papperger, the CEO of German weapons giant Rheinmetall, said in an interview last week that European countries should rush to invest in anti-drone capabilities after Russia’s alleged airspace violation over Poland because a strong deterrence can be affordable and effective.