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Bavaria's economy falls victim to Corona

April 22, 2025 • 09:00 AM

The second Corona wave is slowing the Bavarian economy as the lockdown drags on. While there had been signs of a recovery in the autumn when not in lockdown, the quarterly economic index of the Bavarian Chamber of Industry and Commerce (BIHK) has now fallen significantly again. Currently 98 points mean a minus of 9 compared to the autumn. In summer, the index had reached 81, the lowest value in the pandemic. Despite the current restrictions, the companies surveyed assess their current situation...

German exports slump sharply

April 22, 2025 • 09:00 AM

The Corona crisis tore deep holes in the German export balance last year. Exports of goods slumped by 9.3 percent compared with 2019 to 1204.7 billion euros, according to the Federal Statistical Office in Wiesbaden. It was the sharpest decline since the global financial crisis in 2009, when exports had fallen by 18.4 percent. The volume of imports fell last year by 7.1 percent to 1025.6 billion euros. Temporary border closures, logistics disruptions and supply chain disruptions at the start of...

Berlin remains top business location despite pandemic

April 22, 2025 • 09:00 AM

The pandemic has Berlin in its grip - but the city remains an important part of German life. Last year, the state-owned business development agency Berlin Partner completed 262 projects, creating a total of nearly 7000 new jobs. The companies it advised are planning investments of approx. 900million euros, with some 116 million euros in "third-party funding" for research and development. The sum is divided between 80 companies newly established in Berlin and support for 102 existing companies....

Billions for Europe's chip industry

April 22, 2025 • 09:00 AM

The chip industry in Germany and Europe is apparently facing a wave of investment worth billions. After bottlenecks in the supply of memory and control components to the automotive industry became so severe that customers such as Volkswagen had great difficulty sourcingparts of their production, numerous semiconductor manufacturers are now upgrading in this country as well. In the process, they hope for massive aid from the state. German Economics Minister Peter Altmaier was quoted on Wednesday...

German Pandemic response creates record public debt

April 22, 2025 • 09:00 AM

The poor financial handling of the pandemic has caused German public debt to reach record levels, with the highest absolute increase at the state level in North Rhine-Westphalia. The claim is that public debt in Germany has risen to record levels due to Corona costs. The federal government, states, municipalities and social security, including all extra budgets, were 2195.1 billion euros in debt at the end of September, according to the Federal Statistical Office. That is 15.6 percent, or...

Immediate financial aid for small businesses

April 22, 2025 • 09:00 AM

The Bavarian State Government has set up an emergency aid program aimed at businesses and freelancers who have been faced with an existential economic imbalance and liquidity shortages as a result of the Corona crisis. Who is eligible to apply? Applications can be submitted by commercial companies with up to 250 employees and self employed/freelancers who have their business or work registered in Bavaria. Applicants must affirm that they are no longer able to meet their payment...

Green gifts for Black Friday

April 22, 2025 • 09:00 AM

Nordgreen's rise in the field of sophisticated and stylish consumer watches has been breathtakingly meteoric, which is fit for a brand which aims to leave its customer's breathless with anticipation.  Founded  as recently as 2017, the company's simplistic design and flair for understated elegance has quickly won it admirers from across the globe.  With a range of women's and men's watches and gift packages, there is sure to be a timeless piece in their range for even the most discerning...

Three benefits of automation in manufacturing

April 22, 2025 • 09:00 AM

There're numerous benefits to automation that greatly outweigh the drawbacks. This is especially true in Germany, whereby automation is redefining the world of work in numerous and exciting ways. There are many positives to focus on that tend to be ignored when all the criticism and scepticism floods in, so it's time to shed light on the good side of things! Consequently, here're 3 benefits of automation in the manufacturing industry.   Level of reliability Most employees undoubtedly work...

Skilled labor shortage in Germany - new immigration law discussed in German Bundestag

April 22, 2025 • 09:00 AM

A comprehensive new law should attract foreign skilled workers to Germany. The coalition defended the planned "Fachkräfteeinwanderungsgesetz" at the first discussion on Thursday in the Bundestag against criticism from the opposition. The German Minister of the Interior, Host Seehofer, stated: "The future of our business location, the prosperity and the stability of the social security systems depend very crucially on how well we succeed in securing the skilled workers base of companies and...

Bauma rules the building world

April 22, 2025 • 09:00 AM

Bauma 2019 is the world's leading trade fair for construction machinery, building material machines, mining equipment, construction vehicles and equipment. It has achieved the best result in its 65-year history. The fair yet again took place in Munich, with 3,700 exhibitors from across 63 countries showcasing their newest equipment. The visitors hailed from over 200 countries around the world to make their mark in the building world. The countries with the most people visiting the...

German Federal Government launches sponsoring of games industry

April 22, 2025 • 09:00 AM

The development of computer games from Germany will from now on be financially supported by the German federal government. A total of 50 million euros are provided in the current federal budget to promote computer games that are being developed in Germany. "We start directly with a pilot phase for smaller projects and a funding up to 200,000 euros," said Andreas Scheuer (CSU), Federal Minister for Digital Infrastructure, at the awarding of the German Computer Game Prize. "For us, this program...

BMW and Daimler team up

April 22, 2025 • 09:00 AM

BMW and Daimler have just recently merged their mobility services. The next step is now the future cooperation between the two companies in autonomous driving. Specifically, it is about the next stages of development in autonomous driving, including highly automated driving on highways. The whole technology involved in the process, with its many needed sensors, is very complex and expensive. At BMW alone 1,300 engineers and developers are already working on autonomous driving on the company's...

German PKV Insurance

German Private Health Insurance

Both private Health Insurance in Germany and public insurance, is often complicated to navigate, not to mention expensive. As an expat, you are required to navigate this landscape within weeks of arriving, so check our FAQ on PKV. For our guide on resources and access to agents who can give you a competitive quote, try our PKV Cost comparison tool.

Hospitals

Hospital and Clinic Directory

Germany is famous for its medical expertise and extensive number of hospitals and clinics. See this comprehensive directory of hospitals and clinics across the country, complete with links to their websites, addresses, contact info, and specializations/services.

Events

Upcoming Events

Christoph Scheuerecker: ,,Ereignis: Erzählung"

Join us at the Kunstraum in der Au for the exhibition titled ,,Ereignis: Erzählung" by Christoph Scheuerecker, focusing on the captivating world of bees. This exhibition invites visitors to explore the intricate relationship between bees and their environment through various artistic expressions,...

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