Germany

The Moldovan government, together with Germany through the German Development Bank KfW and UNICEF, announced the launch of the second phase of a 10-million-euro project to expand vital services for children and families, Logos Press reported.

Last year, 363 car dealers went bankrupt in Germany – that’s about 100 more than in 2024, and among large dealers with annual sales of more than 10 million euros, the number of bankruptcies almost tripled from 11 to 32, Logos Press reported.

German Christian Democratic Union Bundestag member Jürgen Hardt threatened to boycott the World Cup if the U.S. does not abandon the U.S. president’s plans for Greenland, Logos Press reported.

On New Year’s Eve in the city of Gelsenkirchen in western Germany, robbers drilled through the wall of the Sparkasse bank, breaking into about 3.2 thousand cells. The damage is estimated to be up to 90 million euros. This is one of the largest bank robberies in the history of Germany, reports Logos Press with reference to DW.

The pre-tax profits of Germany’s leading companies fell by 15% in 2025, and this trend is the third year in a row, Logos Press reported.

The export model of Germany’s economy is facing serious problems due to a marked drop in sales to the United States and China, requiring urgent and deep structural changes in Europe’s largest economy,” Logos Press reported.

Germany held a “steel summit” on Nov. 6 to discuss the problems of steelworkers, but the conversation was essentially a search for answers about the future of all energy-intensive industries and “Germany’s self-perception as an industrial nation,” according to Logos Press.

In Germany, the heating season has started with an alarming announcement by the state-owned energy company Uniper, which intends to close one of its largest gas storage facilities in Breitbrunn “for economic reasons”. – reports Logos Press.

New industrial orders in Germany unexpectedly fell in August, showing a fourth consecutive monthly decline, prompting experts to warn of a prolonged downturn in the German economy, Logos Press reported.

One in four German industrial companies in July 2025 recorded a drop in their own competitiveness compared to companies outside the EU, Logos Press reported.

Stiff tariffs imposed by the United States and increased political uncertainty have dealt a blow to the European economy, creating serious preconditions for its stagnation and even recession,” according to Logos Press.