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Reports, insights, analyses and opinions on Europe's biggest financial market.
Facing up to global competition
This week the European Space Agency Ministerial Council has been meeting in Bremen. The EU needs to catch up in the field of reusable rockets and satellite constellations – and lay the foundations for a common space defence strategy.
How Lagarde and Nagel want to strengthen the single market
Productivity in Europe is low. ECB President Christine Lagarde and Bundesbank President Joachim Nagel are urgently calling for reforms to be accelerated - and support harmonisation via a so called EU „28th Regime.“
„We focus on impact“
As of mid-2026, a new EU regulation will make ESG ratings more transparent. Nordea portfolio manager Henning Padberg sees this as just one part of the solution – with data needing to be assessed in-house, and rating opinions incorporated into the overall Nordea view.
A well structured handover of the CFO role is important
In a wide ranging interview with Börsen-Zeitung, Siemens Chief Financial Officer Ralf Thomas discusses the strategy for growth, the planned spin-off of Healthineers, and the importance of a well organised handover process to Veronika Bienert, who will take over the CFO role a year from now.
„An AI bubble could become an issue for monetary policy“
ECB Governing Council member Boris Vujčić indicates that he currently sees no reason for a further interest rate cut. However, the situation could change if an AI bubble were to burst. Vujčić also comments on rumours that he wants to become ECB Vice-President.
Change of leadership at the end of the year
After years of growth, Kreissparkasse Köln is expected to come under the direct supervision of the ECB from 2026 onwards. Outgoing Chairman Alexander Wüerst and his successor Thomas Pennartz explain the bank strategy to Börsen-Zeitung.
Dax companies are being managed better
The Society of Investment Professionals in Germany (DVFA) has published its latest scorecard for corporate governance at the forty Dax companies. Chemicals distributor Brenntag once again secures the top position in the ranking.
„The Americans are still buying our equipment“
While other machinery manufacturers are struggling with US tariffs and an economic slowdown at home, Gea Chief Executive Stefan Klebert continues to deliver one strong quarter after another. In an interview with Börsen-Zeitung, he talks about the global business mix, the company’s entry into the Dax, and the outlook for dividends
Europe under pressure
Building an economic battery ecosystem is complex. But geopolitical tensions and the risks of dependence on non-European manufacturers make it clear that the EU needs to take action. At stake are technological sovereignty and stable supply chains.
Private retirement provision must be introduced fast
A limited selection of low cost investment funds and simple standard products should be the basis for auto enrollment in private pension provision, according to a proposal from the German Council of Economic Experts. Ulrike Malmendier and Martin Werding discuss the details in an interview with Börsen-Zeitung.
Wirecard shareholders face a total loss
In a piece of bad news for the tens of thousands of defrauded Wirecard shareholders, Germany’s Federal Court of Justice has dismissed a lawsuit by Union Investment seeking compensation from the insolvency estate.
China drew praise at COP 30 in Brazil
The US withdrawal from global climate protection initiatives could be an opportunity for Europe. But it is mainly China that is leading the way, with exports in areas such as solar panels and affordable electric vehicles.
Cost reduction programme starting to have an impact
Weakness in the traditional engine business was more than offset by new business areas in the third quarter at Deutz. And the cost cutting programme is starting to have an impact.
Unlevel playing field
The EU Emissions Trading System puts European companies such as BASF at a disadvantage in global competition. A subsidised industrial electricity price for green energy would be better for businesses – and for the carbon footprint.
Schaeffler expands its humanoid robotics business
Schaeffler wants to show it is no longer defined solely by the auto industry. To deepen its engagement in humanoid robotics, the company has partnered with Neura Robotics.
Germany needs to update its R&D strategy
High-tech innovation needs a new government funding strategy. A recent OECD report notes that many countries are now using R&D tax incentives rather than direct support.
Apollo invests record sum in Europe’s energy infrastructure
Apollo is investing a record 17 billion dollars in European energy infrastructure in 2025. The latest deal by the US private equity firm involves a 50% stake in the UK offshore wind farm Hornsea 3, being developed by Ørsted.
More consumers relying on small loans
The sluggish economy is impacting consumer finance providers, as reflected in rising loan loss provisions expected in 2025. Regulators, however, are not currently expressing much concern.
VW China to develop its own System-on-Chip
Volkswagen aims to gain a competitive edge in China by developing its own System-on-Chip. The plan was announced at last week's China International Import Expo in Shanghai.
Septeo acquires legal technology software company STP One
Karlsruhe-based legal software technology company STP One is being acquired by Septeo, which is a portfolio company of private equity firm Hg Capital. The two will be merged to form a European legal tech platform.
„We need a clear, reliable CO₂ price“
The Association of German Banks is strongly advocating emissions trading as a key control instrument in climate policy. Chief Executive Heiner Herkenhoff sees the new Emissions Trading System (ETS-2) not as a burden, but as a signal for investment.
Tariffs and a strong euro are slowing Healthineers down
Siemens Healthineers expects at best flat earnings in the new 2025/26 financial year, despite targeting revenue growth of 5 to 6 percent. An announcement is imminent on the strategy of parent company Siemens with regard to reducing its 70% stake.
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