Crisis in the German auto industry: Layoffs, plant closures and insolvencies
Not a day passes without grim tidings for workers in the automotive and supplier industries. The major manufacturers…
Bosch to destroy 22,000 jobs in Germany
In March 2024, 10,000 employees demonstrated against layoffs in front of the Bosch headquarters in Gerlingen near Stuttgart…
Far-right Alternative for Germany wins in former SPD strongholds
In municipal elections in North Rhine-Westphalia, Germany’s most populous state, the far-right Alternative for Germany (AfD) was able…
Has Europe missed its moment? – POLITICO
Under the jackhammers on Schuman, Brussels is filling back up for the rentrée — and the fault lines…
German government adopts 2026 budget: Rearmament and social cutbacks
On Wednesday, the German government adopted the draft budget for 2026 and the financial plan through to 2029.…
French PM faces ‘moment of truth’ on Tuesday as ouster looms – POLITICO
Though France’s credit rating has not been downgraded this year, the yield on the country’s 10-year bond has…
Labour MPs challenge UK fiscal watchdog after welfare debacle – POLITICO
“We have to understand that these are useful but limited forecasts, which should help to guide our decisions,…
In German budget debate, Merz threatens Russia with war and declares himself leader of Europe
[AP Photo/Ebrahim Noroozi] The budget debate in the Bundestag (federal parliament) was a repulsive spectacle, clearly demonstrating the…
China faces austerity dilemma as dining crackdown risks economic hit
DALIAN, China — Efforts by the ruling Chinese Communist Party to stop public officials from splurging on lavish…
Germany’s Social Democrats reaffirm rearmament and Great Power policy
Anyone who followed the Social Democratic Party (SPD) congress in Berlin last weekend must again answer the question—“Are…