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Craft Crisis in Germany: Alarming Insolvencies, Skilled Labor Shortage and Urgent Need for Reform
Economy
13 March 2025•
Kian
Kian

Craft Crisis in Germany: Alarming Insolvencies, Skilled Labor Shortage and Urgent Need for Reform

The German Craft Sector Facing a Historic Crisis With a mix of unease and determination, many craft businesses in Germany are looking toward their future – and the outlook is alarming. A recent analysis by Creditreform shows that the German craft sector is facing a historic crisis that has far-reaching consequences for the economy and the labor market. Rising Pressure and Alarming Numbers For nearly 15 years, the pressure on businesses has been steadily increasing. Less than half of the companies assess their situation as good or very good. Even more shocking are the figures: An indicator va

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Bundesbank Crisis 19.2 Billion Euro Loss as Wake-Up Call for Monetary Policy
Economy
27 February 2025•
Kian
Kian

Bundesbank Crisis 19.2 Billion Euro Loss as Wake-Up Call for Monetary Policy

The Bundesbank in Crisis: A Wake-Up Call for Monetary Policy A Historic Loss It was a morning like any other in Frankfurt – until the headlines came to an abrupt halt. The venerable headquarters of the Deutsche Bundesbank, once a symbol of stability and economic success, now stands in the shadow of a historic loss. Last year, the central bank recorded a deficit of 19.2 billion euros – an amount that leaves even seasoned economists breathless. The Causes of the Loss On a sunny day, I walked through the halls of the Bundesbank, surrounded by images of past economic successes and familiar symbol

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