Skip to content Skip to sidebar Skip to footer

Germany’s Struggle with Energy Transition

After the news that Europe's largest car producer VW may close two plants, experts are sounding the alarm that the downsizing of manufacturing isn't just limited to the car industry. The German Institute for Economic Research (DIW) says companies need to evolve. As European car companies grapple with the phasing out of combustion engines and…

ByPexecoSeptember 7, 20240Comments

Finance News

Eurozone GDP Grows 0.3%, but Germany Contracts by 0.1%

The eurozone's GDP grew 0.3% in the second quarter of 2024, exceeding expectations, but Germany's contracted by 0.1%, indicating economic struggles for the bloc’s largest economy. Economic growth in the eurozone exceeded expectations in the second quarter of the year, according to preliminary data from Eurostat released on Tuesday. The eurozone's gross domestic product grew…

ByPexecoJuly 30, 20240Comments

European Central Bank ready to cut?

Oil prices are uncertain as to which direction to take

ECB June cut in the works?

Gold Outlook: Petraces from all-time highs

Germany’s HICP rates in sight

Equities report: Equities send out mixed signals

Germany’s Struggle with Energy Transition

Eurozone GDP Grows 0.3%, but Germany Contracts by 0.1%