Tag German

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German Exports Rise by 1.7% in November

The German Federal Statistical Office reported that exports in the month of November increased by 1.7% MoM, raising exports to 5.7% above pre-pandemic levels. Imports rose 3.3%, following a 5.2% increase in October. Meanwhile, Germany’s trade surplus fell to 10.9…

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German PMI Remains Stable with Hopes for Supply Chain Easing

The financial information company IHS Markit reported that the purchasing managers’ index (PMI) for the manufacturing sector in Germany remained unchanged. The PMI was 57.4 in December, below initial expectations of 57.9, but a rise above 50 suggests that German…

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German Sparkasse Wants to Offer Bitcoin

The German Sparkasse is planning to allow its customers to invest in major cryptocurrencies such as Bitcoin (BTC) and Ether (ETH) directly from their checking accounts. The bank is working on a pilot project to launch its own digital wallet…

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