Revolut to Launch Mobile Plans Creating Competition for Traditional Network Providers
Revolut mobile plans stand out with their unlimited calls, texts and data offering complemented with an attractive roaming proposition.
Germany
IMF’s Europe Head Says About Impact of German Fiscal Boost on Euro Area
Alfred Kammer, director of the European Department at the International Monetary Fund (IMF), said that an increase in German spending on infrastructure will boost European economic growth, but at the same time will not be a factor that can outweigh the expected impact of tariffs from the United States.
Hawk Raises $56 Million to Counter Financial Crime
Hawk, a fraud and money laundering prevention provider, raised $56 million.
German Inflation Falls
In Germany, inflation was recorded at the 2.3% mark in March, which is lower than previously expected.
Chip Companies Demonstrate Interest in Germany
Companies operating in the chip manufacturing industry are asking to triple the amount of subsidies provided under Germany’s latest funding program, which is one of the top priorities for the government of this country.
Unzer Launches Pay-By-Bank Tool
The payment company Unzer has launched a pay-by-bank tool in conjunction with Mastercard.
Bundesbank President Says US Tariffs to Hit Germany Particularly Hard
Bundesbank President Joachim Nagel said Germany would be particularly hard hit by protectionism and trade tariffs from the United States, worsening the already bleak prospects for Europe’s largest economic system.
German Economy Shrinks
The German economic system continues to face difficulties, and the dynamic of growth is not a reality for it, as evidenced by the fact that in the fourth quarter of 2024, the gross domestic product (GDP) of this country decreased by 0.2% compared to the previous three-month period of last year.
BitPanda Secures MiCA License With German Regulator
Bitpanda has obtained its MiCA license from BaFin, Germany’s leading financial regulatory authority, to offer regulated services to 450 million EU citizens.
German Economy Shrinks for Second Year
In 2024, Germany’s economic system was on a downward trajectory, and 2025 is likely not to be a period of growth and prosperity.
JPMorgan Chase Reportedly Eyes Commercial Banking Expansion in Germany
The media on Tuesday, January 14, published information according to which JPMorgan Chase has plans related to the expansion of its presence in Germany.
German Inflation Demonstrates Growth
In Germany, inflation showed an increase in December which turned out to be higher compared to the initial expectations regarding the intensity of the dynamic of this indicator.
Siemens Reviews Healthineers Majority Stake
Siemens AG is currently reviewing its majority stake in the medical technology subsidiary of Siemens Healthineers.
Barclays Prefers German Blue-Chip Stocks Over French
Strategists at Barclays, a London-based bank, said that German blue-chip stocks show more promise compared to their French counterparts.
German Government Plans New Chip Subsidies
The German government is currently preparing new investments in the country’s semiconductor industry two months after Intel Corp. shelved intentions related to the construction of a chip manufacturing plant worth 30 billion euros ($32 billion) in Magdeburg.
Travel Startup Tourlane Raises $26 Million
Berlin-based startup Tourlane, which operates in the area of travel, raised investment funds for 25 million euros ($26 million).
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