Economy of Germany

Thousands of tourists and residents fleeing a wildfire on Rhodes huddled in schools and shelters on Sunday, with many evacuated on private boats from beaches to safer areas of the Greek island when flames moved towards resorts and coastal villages.

Bosch Rexroth, a Slovenian company that is part of the eponymous German group, has launched a new commercial and production facility near Ljubljana airport. Employees from the company's three locations will now move there, and at least 123 new jobs will be created as production is expanded.

Germany exported goods worth 130.4 billion euros ($139 billion) in April, data published by federal statistics agency Destatis said, a 1.2-percent increase on the previous month.

In March, demand for "made in Germany" goods plunged by 6 percent.

Rescue workers are on the scene at factory 56 in Sindelfingen, which assembles the S-Class, according to the Bild newspaper.
According to a German newspaper report citing police, the suspect was detained after the shooting at the factory.
It added that the background of the shooting is still unclear.

Next month's 7th Posidonia Sea Tourism Forum will bring together top executives and industry leaders from the international cruise sector to discuss the challenges and potential of the industry and highlight the importance of the region and the need for new destinations to keep pace with the industry's rapid growth and emerging trends.

Public Power Corporation (PPC) and Germany's RWE have taken a final investment decision to build five solar farms in northern Greece, the two companies said on Thursday.

The farms will cost €180 million and have a total capacity of about 200 megawatts (MW).

Factory orders in Germany dropped 5.3 percent in November compared with the previous month, on a sharp drop in foreign demand, official figures showed on Jan. 6.

New orders, an important indicator for Europe's biggest economy, dropped for the third time in four months following a 0.6 percent uptick in October.

The Deutsche Telecom IT hub (DT) in Thessaloniki will be employing over 500 people by 2024, as high-ranking executives of OTE revealed today, on the occasion of the visit of the Minister of Digital Governance, Kyriakos Pierrakakis, to hub facilities.

Scientists Uğur Şahin and Özlem Türeci, a Turkish-German couple who are the cofounders of BioNTech, the first effective COVID-19 vaccine that saved millions of lives, have said they are planning to start clinical studies in Türkiye next year under the BioNTech brand.

German factory output fell in March, official figures published on May 6 showed, as Europe's economic powerhouse registered the impact of the Russian invasion of Ukraine.     

Production was down by 3.9 percent on the previous month, according to the federal statistics agency Destatis, having risen for five months in a row.