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, Europe’s largest economy, recorded its second consecutive annual contraction in 2024, with gross domestic product ...
The weakness underlines the challenge that will face a new government in Berlin following elections in February, including ...
The Ifo price expectations index in Germany rose to its highest level since April 2023 in December, with all economic sectors ...
Chancellor Rachel Reeves has pledged to go "further and faster" to improve economic growth after market turbulence saw the ...
In 2025, Europe is expected to experience weak economic growth due to tighter fiscal policies and trade barriers. We expect ...
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 ...
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