german industry

germany growth

German factory orders rise more than expected in December, easing recession fears

CoM | German factory orders last December registered a 3.2% increase over the previous month, when they fell by 4.4%, thus surpassing market consensus expectations and removing fears that the “European locomotive” will enter recession this winter. According to data released by Germany’s Federal Statistical Office (Destatis), German factory orders experienced a 10.1% decline compared with December 2021, although they were 1.2% above the level recorded in December 2019, before…

dry branch

Goodbye to Germany Ltd

Lidia Conde (Frankfurt) | Germany is its firms. Germany is Deutsche Bank, Bayer, Thyssenkrupp, VW. What German executive Dieter Zetsche said a few weeks ago, that “it is not clear that the brand Mercedes Benz will exist in the future”, symbolises the identity crisis generated by global pressure, digitalisation and the latest technological revolution. Many of the consortia which form part of the German economic identity are between a rock and a hard place. It would be the definitive goodbye to the so-called Germany Ltd.