Germany’s Economy Shrank Last Year. Here’s How Politicians Plan to Revive It.
Friedrich Merz, the chancellor candidate for the conservative Christian Democratic Union, acknowledged the need for a “major effort” to revive the economy as his party pledges to return German growth to 2 percent over the next five years through changes to the welfare and tax systems.
Germany hopes its economy, after shrinking for two years, can turn the corner in 2025, but Donald Trump's return to the White House threatens new headaches for Europe's largest economy.
And for Germany, these concerns are not without merit. The German Economy Ministry’s official forecast for 2024 predicts a 0.2 percent contraction, following a 0.3 percent decline in output the ...
Germany faces a tough economic dilemma: balancing public investment with strict fiscal discipline. Politics 11/26/2024 November 26, 2024 02:37 min German central bank slashes growth outlook for ...
or the pandemic a decade later — the region could usually rely on Germany’s deep pockets to help fix the problem. Today, Europe’s biggest economy faces a confluence of challenges that ...
(MENAFN) Germany is nearing a critical turning point as it grapples with a deepening economic downturn and ongoing political uncertainty, Bloomberg reported on Monday. The EU's largest Economy ...
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