Greater Milwaukee Today | GMToday.com on Nostr: Germany struggles with two terrible weeks of financial bad news ========== In ...
Germany struggles with two terrible weeks of financial bad news
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In September 2024, Germany faced significant economic challenges; Volkswagen AG announced plans to end a decades-old labor agreement and consider closing domestic factories due to declining demand; BMW cut its full-year earnings guidance; elections in Thuringia and Saxony saw a rise in support for populist parties, complicating the governing coalition's stability; Tanja Gönner of BDI warned of Germany falling behind internationally; manufacturing struggles due to reduced demand from China; UniCredit acquired a 9% stake in Commerzbank, surprising the government; upcoming elections in Brandenburg on Sept. 22 could see the far-right AfD gain further support.
#Germany #Volkswagen #Bmw #Economy #Politics #Populism #Commerzbank #Unicredit #Elections #Manufacturing
https://www.gmtoday.com/business/germany-struggles-with-two-terrible-weeks-of-financial-bad-news/article_a84cb20a-730d-11ef-bd83-a3f16847212c.html
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In September 2024, Germany faced significant economic challenges; Volkswagen AG announced plans to end a decades-old labor agreement and consider closing domestic factories due to declining demand; BMW cut its full-year earnings guidance; elections in Thuringia and Saxony saw a rise in support for populist parties, complicating the governing coalition's stability; Tanja Gönner of BDI warned of Germany falling behind internationally; manufacturing struggles due to reduced demand from China; UniCredit acquired a 9% stake in Commerzbank, surprising the government; upcoming elections in Brandenburg on Sept. 22 could see the far-right AfD gain further support.
#Germany #Volkswagen #Bmw #Economy #Politics #Populism #Commerzbank #Unicredit #Elections #Manufacturing
https://www.gmtoday.com/business/germany-struggles-with-two-terrible-weeks-of-financial-bad-news/article_a84cb20a-730d-11ef-bd83-a3f16847212c.html