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Households in Eastern Germany Face Disproportionately High Energy Costs

Heidelberg, August 26, 2024 (FFN News) – Households in eastern Germany are burdened with disproportionately high energy costs. After adjusting for differences in purchasing...

Rheinmetall Aims to Increase Annual Revenue to 40 Billion Euros by 2030

Rheinmetall targets 40 billion euros in annual revenue by 2030, aiming to become one of the world's largest defense companies. The company expects to surpass...

Significant Drop in German Grain Harvest Due to Persistent Rain

Harvest Decline: Germany's grain production fell to 39.3 million tons in 2024, down from 42 million tons in 2023, according to Deutscher Bauernverband (DBV). Impact...

Ryanair Calls on German Government to Repeal Increased Aviation Tax

Ryanair, the Irish low-cost airline, has urged the German government to repeal the increased aviation tax that has been in effect since May. The...

German Chancellor Scholz Expects Gas Extraction Near Borkum to Begin Soon Despite Criticism

German Chancellor Olaf Scholz anticipates that natural gas extraction near Borkum Island in the North Sea will commence soon, despite opposition from environmental groups. The...

German Producer Prices Continue to Decline for Over a Year

Producer prices in Germany fell by 0.8% in July year-on-year, marking the 13th consecutive month of decline. The decrease was primarily driven by lower energy...

Germany’s Exports and Imports Decline in First Half of the Year

Germany's exports and imports both declined in the first half of this year, signaling ongoing challenges for the EU's largest economy. Exports fell by 1.6%...

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