Germany expects economy to shrink in 2024 after cutting forecast
5 days ago · Germany is facing its first two-year recession since the early 2000s as the government downgraded its 2024 growth forecast for the eurozone’s largest economy.
Germany may have to limit borrowing due to EU rules, Lindner says
4 days ago · Germany could raise an additional 5.2 billion euros ($5.69 billion) more debt while complying with it, for a total of 56.5 billion euros, due to the government's weaker economic forecasts.
Germany’s economy goes from bad to worse - The Economist
5 days ago · Germany’s economy minister was speaking on October 9th, just after official forecasts for the year had been revised from growth of 0.3% to a contraction of 0.2%.
German economy - Financial Times
September 30 2024. German inflation drops below 2% for first time since early 2021. Softer price pressure and weak economic activity increase chances of ECB rate cut in October. September 27...
Germany’s economy is on track to shrink for a second straight year
Oct 9, 2024 · BERLIN (AP) — Germany’s government said Wednesday that its economy, Europe’s biggest, is on track to shrink for a second consecutive year — underlining the unpopular administration’s troubles as it heads into a difficult election year.
Explainer: Why is Germany's economy struggling in 2024?
BERLIN, Jan 8 (Reuters) - Germany's ailing economy is experiencing a bumpy start to the year with farmers launching nationwide protests against government plans to cut diesel subsidies and...
Germany - Financial Times
Oct 10, 2024 · Breaking news and top stories from Germany. The latest on the economy, politics, government, and business
Germany wrestles to find a way out of budget crisis | AP News
Nov 28, 2023 · With its economy already struggling, Germany now is wrestling to find a way out of a budget crisis after a court struck down billions in funding for clean energy projects and help for people facing high energy bills because of Russia’s war in …
Germany clinches budget deal to keep debt brake but boost growth
BERLIN, July 5 (Reuters) - Germany's coalition government clinched a 2025 budget deal on Friday that will stick to the country's tight borrowing rules while offering a package to rev up...
Germany’s Real Challenges are Aging, Underinvestment, and Too ... - IMF
Mar 27, 2024 · Germany's economy is struggling with temporary factors and structural headwinds, such as population aging, low productivity, and high red tape. The IMF suggests reforms to boost labor supply, public investment, and competitiveness in its latest report.