Germany, economy

German economy contracts for second consecutive year in 2024
Germany's economy contracted for the second consecutive year in 2024, highlighting the depth of the downturn gripping Europe's biggest economy. Germany's economy shrank by 0.2% over the full year - in line with economists' forecasts - and by 0.
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.
German Economy Shrinks Again Amid Political Crisis
Germany's economy shrank for a second straight year in 2024, official figures showed Wednesday, with little hope of a speedy recovery as Europe's traditional powerhouse is also mired in political crisis.
Germany's Economy Shrinks for Second Year
Germany's economy shrunk for a second consecutive year in 2024, continuing its struggle with internal and external challenges.
Germany's economy shrinks for second consecutive year in 2024 amid election
The German economy, Europe's biggest, shrank for the second consecutive year in 2024, according to preliminary official figures released Wednesday weeks before an election in which the economy is the top issue.
German Economy Stuck In Recession
The German economy shrank for the second straight year in 2024 as the euro area struggles with global headwinds and the political and
German economy, Europe’s largest, shrinks for second straight year
Germany’s economy, the largest in Europe, contracted for the second year in a row in 2024, official data showed Wednesday, underscoring the challenges facing the region as it tries to get economic growth back on track.
German Economy Braces For Trump's Return
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.
German ministry warns 2025 uncertainty to weigh on economic recovery
Germany can only hope for a tangible economic recovery once there is clarity on the economic, financial and geopolitical ...
A far-right party uses a mock plane ticket to campaign for deportations in Germany
German police are investigating an election campaign flier by a far-right party that looks like a plane ticket and calls for ...
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Germany will struggle to loosen its debt brake: Klement
The emerging consensus is that the next government will loosen this restrictive policy to allow for more investment, but the hurdles to doing so may be much higher than most observers realize ...
German economy ‘acutely’ at risk after Europe burns through gas reserves
Europe is burning through its gas reserves at the fastest pace in seven years, leaving Germany “acutely” exposed as cold ...
German premium carmakers' sales battered in China and Germany amid slowdown
Germany's top-end carmakers took a battering at home and in China in 2024, sales volume data showed, as wealthier consumers ...
Elon Musk's support for AfD makes waves in Germany
The tech billionaire has faced a vocal backlash after backing far-right movement shunned by mainstream parties ...
Germany's Economy Contracts for Second Straight Year as Tariff Threat Looms -- 3rd Update
Economic output in Europe's largest economy fell 0.2% last year after it declined 0.3% in 2023, the first two-year contraction since 2003, according to Germany's federal statistics agency Destatis on ...