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Germany's economy shrank for Second consecutive year in 2024
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.
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.
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.
12h
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.
1d
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 ...
3h
Battered Germany Prepares for a Bumpy 2025
Welcome to the Brussels Edition, Bloomberg’s daily briefing on what matters most in the heart of the European Union.
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