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German Economy

From the West Germany economic miracle of the 1950s to Daimler, Siemens and BASF, Germany has chugged its way into the new century on the back of its export economy. A beneficiary of free trade within Europe, Germany has the continent's largest economy and the fourth largest in the world.

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VW Under Fire for Ongoing Operations in Xinjiang - [M] Lina Moreno / DER SPIEGEL; Fabrizio Bensch / REUTERS; Bloomberg via Getty Images; Peter Parks / AFP; Fred Dufour / AFP; Xinjiang Police Files

The Oppression of Uyghurs in China VW Under Fire for Ongoing Operations in Xinjiang

Volkswagen continues to operate a factory in the heart of Xinjiang, despite massive criticism from human rights activists. The factory is largely meaningless from a business perspective. Is the company trying to prove its loyalty to the Chinese government? By Christoph Giesen, Simon Hage und Frederik Obermaier

It's Time for German Executives to Reexamine Their Ties to China - [M] DER SPIEGEL / STR / AFP; Xinjiang Police Files

Beijing's Human Rights Violations It's Time for German Executives to Reexamine Their Ties to China A DER SPIEGEL Editorial by Simon Hage

Germany's dependency on China is becoming increasingly problematic. The Xinjiang Police Files, which document more clearly than ever the human rights violations taking place in far-western China, show that German politicians and executives must act.

"The West Will Decide on Putin's Bankruptcy" - Maksim Blinov / SNA / IMAGO

Economist Jim O'Neill on Russia "The West Will Decide on Putin's Bankruptcy"

Jim O'Neill once coined the term BRIC to refer to the rapidly growing economies of Brazil, Russia, India and China. In an interview, he discusses why the Russia of Vladimir Putin has failed to live up to expectations. Interview Conducted by Peter Littger

Government in Berlin Classifies China as a “Systemic Rival” - Georg Ismar / picture alliance / dpa

Beijing Policy Slowly Crystalizes Government in Berlin Classifies China as a “Systemic Rival”

Driven by its junior coalition partners, the Green Party and the FDP, the German government is adopting a tougher stance on Beijing. It wants to reduce economic dependence and strengthen relations with democratic states in Asia. By Christoph Schult und Gerald Traufetter

"Russia Knows Crossing Red Lines Would Immediately Trigger Painful Sanctions" - Julia Steinigeweg / DER SPIEGEL

Interview with German Economy Minister Robert Habeck "Russia Knows Crossing Red Lines Would Immediately Trigger Painful Sanctions"

In an interview, German Economy Minister Robert Habeck discusses his country's energy policy, what might happen with the Nord Stream 2 pipeline and Germany's possible response to Russian aggression on the Ukrainian border. A DER SPIEGEL Interview Conducted By Martin Knobbe und Gerald Traufetter

"Twitter and the Other Platforms Are Bad, Facebook Is Worse" - Peter Lueders / DER SPIEGEL

Economist Nouriel Roubini "Twitter and the Other Platforms Are Bad, Facebook Is Worse"

Star economist Nouriel Roubini believes that President-elect Joseph Biden's first term will be overshadowed by civil unrest at home and cyberattacks from abroad. He believes social media platforms must be more strictly regulated. Interview Conducted by Tim Bartz

Tesla Joins the Race for the Next-Gen Battery - Benjamin Spillman / The Reno Gazette-Journal / AP / picture alliance / AP

The Future of Electric Tesla Joins the Race for the Next-Gen Battery

China, Japan and South Korea have long been in the lead when it comes to car battery technology. With new technologies and better production methods, Tesla now wants to change that. Germany is falling behind. By Philip Bethge

Elon Musk Shows the Germans How to Move Quickly - Julian Stähle / dpa

The Tesla Factory Near Berlin Elon Musk Shows the Germans How to Move Quickly

Tesla is racing ahead with construction of its new factory just outside of Berlin. All that's left for German carmakers is to watch and learn. By Markus Dettmer, Simon Hage und Michael Kröger

Longitudinal Study on Unconditional Basic Income Launches in Germany - Ulrich Perrey/ dpa

The 1,200-Euro Experiment Longitudinal Study on Unconditional Basic Income Launches in Germany

How would life change if you were given 1,200 euros a month with no strings attached? A study launched last week in Germany to find out. Research team leader Jürgen Schupp hopes for answers to important questions. Interview Conducted by Florian Diekmann

Can German City Centers Be Saved? - Ralph Peters/ imago images

Pushed to the Edge By Corona Can German City Centers Be Saved?

First came online retail and the financial crisis, now COVID-19: City-center shopping districts in Germany are suffering. But strategies are being developed to save them. Will they work? By Simon Book und Martin U. Müller

“The Virus Must Be Contained Before the Economy Can Recover” - Dirk Bruniecki/ DER SPIEGEL

Leading German Economist on Corona Policies “The Virus Must Be Contained Before the Economy Can Recover”

In an interview, Clemens Fuest, one of Germany’s top economists, discusses the impact of the coronavirus on governments and business. He says bankruptcies are inevitable and that the effects of the crisis will be with us for a long time to come. Interview Conducted by Martin Hesse und Michael Sauga

Left Behind By the Coronavirus - Karsten Thielker

Massive Income Loss Left Behind By the Coronavirus

Germans could lose as much as 390 billion euros due to the coronavirus pandemic. Some groups have been hit harder than others, and even a big chunk of the middle class is at risk of slipping into poverty.

"The Stock Market Is Deluding Itself" - Kerem Yucel / AFP

Interview with Economist Nouriel Roubini "The Stock Market Is Deluding Itself"

Prominent American economist Nouriel Roubini does not believe the global economy will recover quickly. He believes that the dire situation will produce a summer of protest in the U.S. and years of difficulties in Europe as well. Interview Conducted by Tim Bartz

Economic Scars for Decades to Come - Sebastian Wells/ OSTKREUZ

Generation Coronavirus Economic Scars for Decades to Come

Companies in Germany were practically begging 20- to 30-year-olds to come work for them. Then came the coronavirus, destroying health, lives and jobs. It will take decades for this generation to catch up economically.

The Coronavirus Could Cripple Public Finances - Kenzo Tribouillard/ dpa

The Zombie Economy The Coronavirus Could Cripple Public Finances

The coronavirus has plunged the global economy into a new phase of uncertainty. Governments and central banks are once again trying to shield companies and banks from collapse with massive bailouts. But there is danger in stimulating the economy on credit: It could spark a post-crisis crisis. Von Martin Hesse und Michael Sauga

German Carmakers Prepare To Ramp Up Production - VOLKSWAGEN AG

The Path Out of the Lockdown German Carmakers Prepare To Ramp Up Production

German carmakers are going to have to open up their factories and car dealerships again soon – otherwise they could face a widespread collapse. And that would be disastrous for the German economy. By Simon Hage

Politicians Call for Fewer Climate Protections During Coronavirus Crisis - KRISZTIAN BOCSI / BLOOMBERG / GETTY IMAGES

The Environment and the Epidemic Politicians Call for Fewer Climate Protections During Coronavirus Crisis

German politicians have begun calling for industry to be shielded from too much environmental protection during the coronavirus crisis. But corporations aren't joining the appeal. They managed to turn CO2 reduction into a competitive advantage long ago.

Novel Coronavirus Is Forcing a Taboo Debate - Axel Heimken/dpa/Pool/dpa

The Price of Life Novel Coronavirus Is Forcing a Taboo Debate A DER SPIEGEL Editorial By Christiane Hoffmann

Some in Germany have the impression that the country can survive a long-term lockdown without suffering any grave consequences. That thinking is dangerous.

Attention Slowly Turns to the Mother of All Coronavirus Questions - MICHAEL PROBST / AP

What Next? Attention Slowly Turns to the Mother of All Coronavirus Questions

The fight against the coronavirus has paralyzed society and the economy. Lockdown measures are fine for the short term, but they threaten to rapidly destroy the economy and erode our existing social order. What should the next steps be?

Coronavirus Tightens Its Grip on the Economy - CLEMENS BILAN/EPA-EFE/Shutterstock

Worse than Lehman Coronavirus Tightens Its Grip on the Economy

It is an unprecedented crisis: The coronavirus pandemic is crippling entire economies, while governments and central banks are deploying all means available to prevent a systemic collapse. How long can we hold out?

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