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Largest Decline in Residential Real Estate Prices in Six Decades

Largest Decline in Residential Real Estate Prices in Six Decades

May 10, 2026 • 06:20 PM

A recent study reveals that German residential real estate prices experienced their most significant drop in 2023, marking the steepest decline in at least 60 years. The Kiel Institute for the World Economy (IfW) reported on Thursday that condominium prices plummeted by 8.9 percent, single-family homes by 11.3 percent, and apartment buildings by 20.1 percent. When adjusted for inflation, measuring in current purchasing power, the decline in value is approximately five percentage points...

Features of using CBDC: advantages and disadvantages - Sergei Kondratenko

Features of using CBDC: advantages and disadvantages - Sergei Kondratenko

May 10, 2026 • 06:20 PM

During the digital era, traditional approaches to banking are gradually fading into the background. There has recently been an event in the financial arena that is redefining the concept of money - the emergence of central bank digital currencies (CBDCs). Fintech expert Sergei Kondratenko explains that these digital assets are issued by national banks. They are electronic money that operates in a digital format. Sergei Kondratenkois a recognized specialist in a wide range of e-commerce services...

Renovation Poses Challenges for Small Market Hall Traders

Renovation Poses Challenges for Small Market Hall Traders

May 10, 2026 • 06:20 PM

Merchants and patrons of the petite market hall are gearing up for challenging times as plans for the renovation of the 70-year-old city center structure are set to commence no later than the beginning of 2025, spanning a three-and-a-half-year period. Throughout this renovation phase, individual stalls will be relocated to temporary tents adjacent to the hall. Anticipating significant sales downturns, Anja-Katharina Mänz, a representative from the Kleinmarkthalle interest group, where merchants...

How can a business owner avoid becoming a victim of raiders?

How can a business owner avoid becoming a victim of raiders?

May 10, 2026 • 06:20 PM

Any profitable business can become a target for seizure by raiders. Using a variety of tactics, scammers can come to you and try to take away your company. The very concept of "raider" itself is synonymous with the more familiar term, "unfriendly takeover," and is actually a more severe and outright illegal variant. Raider attacks are actively spreading around the world as a way for scammers to make money. Attempts to "seize" property have been documented, especially in Latin American countries....

German Authorities Collaborate with Legal Arcade Operators to Curb Illegal Gambling

German Authorities Collaborate with Legal Arcade Operators to Curb Illegal Gambling

May 10, 2026 • 06:20 PM

German municipalities are forging partnerships with licensed arcade operators in a bid to diminish the presence of illegal gambling establishments. A collaborative discussion document, previously shared with FAZ, highlights this joint effort between the German Association of Cities and Municipalities (DStGB) and the overarching association representing the German slot machine sector. The primary objective is to elevate the reputation of arcades and divert potential players from illicit venues....

Dining and shopping sectors: Businesses aim to hike prices

Dining and shopping sectors: Businesses aim to hike prices

May 10, 2026 • 06:20 PM

Germany's consumers may face higher costs as 2024 begins, with numerous businesses considering price hikes in the near future. The Munich-based Ifo Institute reported on Wednesday that its survey, encompassing thousands of firms, showed an uptick in their price projections. The index measuring these expectations rose from 18.1 points in November to 19.7 points in December. Timo Wollmershäuser, the chief economist at Ifo, remarked, "This suggests that the deceleration in inflation may come to a...

Crypto Dent Coin: Unveiling the Future of Digital Currency and eSIM Integration

Crypto Dent Coin: Unveiling the Future of Digital Currency and eSIM Integration

May 10, 2026 • 06:20 PM

In the ever-evolving landscape of digital connectivity, Dent emerges as a pioneering force, reshaping the way we buy and sell eSIM data. This article dives into the utility, innovation, and future outlook of Dent, shedding light on its pivotal role in the eSIM data marketplace. The Essence of Dent Dent enters the stage with a distinct mission - to create a decentralized eSIM data marketplace that transcends traditional boundaries. Built on the blockchain, Dent utilizes the principles of...

Nestlé's Impact on the Swiss Stock Market Performance

Nestlé's Impact on the Swiss Stock Market Performance

May 10, 2026 • 06:20 PM

Current concerns surround Nestlé, leaving many investors in the world's largest food company puzzled about its recent stock performance. Since the start of the year, the company's shares have seen a notable decline of 7%, dipping below the significant threshold of CHF 100. This has raised questions about the reliability of the Swiss behemoth, which has been traditionally perceived as a stable investment, particularly in times of uncertainty, given the perpetual demand for food. However, this...

First Empirical Study on the Impact of Targeted Advertising Ban: Spectrum of Apps Shrinks After Ban on Personalized Ads

First Empirical Study on the Impact of Targeted Advertising Ban: Spectrum of Apps Shrinks After Ban on Personalized Ads

May 10, 2026 • 06:20 PM

The prohibition of using apps to collect data for personalized advertising could have a substantial impact on the availability of apps and the frequency of updates, reveals a recent study conducted by the Technical University of Munich (TUM). Focusing on the ban implemented for Android apps aimed at children, this research sheds light on the potential repercussions and can serve as a guide for businesses shaping their models and policymakers crafting regulations concerning targeted...

Career Launch for 113 Apprentices and Dual Students at Munich Airport

Career Launch for 113 Apprentices and Dual Students at Munich Airport

May 10, 2026 • 06:20 PM

Munich Airport is gearing up for the next generation of talent as 113 apprentices and dual students embark on their careers at the bustling aviation hub. This new cohort, representing various fields of expertise, will contribute their skills and knowledge to the airport's diverse workforce. With the arrival of these 113 apprentices and dual students, Munich Airport now boasts a total of 260 young individuals pursuing professional development through apprenticeships and dual studies in more than...

Bavarian Legend of the

Bavarian Legend of the "Münchner Glückskindltaler" Spreads Joy Through Munich

May 10, 2026 • 06:20 PM

In a world where a little bit of luck can brighten anyone's day, the city of Munich has welcomed a heartwarming figure to join forces with the benevolent fairy responsible for our happiness. Introducing the "Münchner Glückskindltaler" - a symbol of goodwill and fortune hailing from the southern regions of Germany. The tale of this endearing character has its roots in the annals of Bavarian history. Long ago, on a frigid night, a diligent farmer, a mounted merchant, and a brave monk united...

German Chancellor Olaf Scholz to Inaugurate IAA Mobility Auto Show in Munich

German Chancellor Olaf Scholz to Inaugurate IAA Mobility Auto Show in Munich

May 10, 2026 • 06:20 PM

German Chancellor Olaf Scholz (SPD) is set to officially open the IAA Mobility auto and traffic exhibition in Munich on Tuesday at 2:00 PM. The automotive industry is eagerly anticipating his stance on the highly debated industrial electricity price, which could provide relief in global competition. This issue revolves around potential subsidies for particularly energy-intensive sectors. Moreover, statements regarding job security in Germany, China, and the phasing out of electric vehicle (EV)...

German PKV Insurance

German Private Health Insurance

Health Insurance in Germany is compulsory and sometimes complicated, 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

Echtzeitalter

Join us for the premiere of Echtzeitalter, a captivating theater production based on the novel by Tonio Schachinger. The story follows Till, a new student at a prestigious gymnasium, who grapples with the outdated teaching methods of his strict teacher, Dolinar. As Till navigates his elite...

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EU Reaffirms Passenger Rights for Flight Cancellations Amid Rising Fuel Costs
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Digital Minister Emphasizes Firm European Stance on Artificial Intelligence Policy
In a recent televised discussion, Germany's Digital Minister, Karsten Wildberger, outlined a firm...
Malaria Vaccination Program Reduces Child Mortality by 13% in Africa
A comprehensive analysis of malaria vaccination initiatives across three African countries has shown...
Signal Introduces Enhanced Security Measures to Combat Phishing Threats
The encrypted messaging service Signal is set to implement new safeguards aimed at better protecting...

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