Europe’s economy showed zero growth at end of 2024 as eurozone’s biggest economy Germany struggled
Europe’s economy has stagnated at the end of last year as former growth engine Germany floundered to the end of a second straight year of shrinking output.
Germany lowers 2025 economic growth forecast to meagre 0.3%
Germany on Wednesday lowered its 2025 growth forecast to 0.3%, down from 1.1%, as the country's stagnant economy continues to struggle. Economy Minister Robert Habeck announced the new gross domestic product (GDP) estimate in a presentation of the government's annual economic report in Berlin.
German economy shrinks by 0.2% in fourth quarter, more than expected
The German economy shrank by 0.2% in the fourth quarter of 2024, according to preliminary data released by Germany’s statistics office Destatis on Thursday.
Germany's government slashes its economic growth forecast for this year to 0.3%
Germany's government has slashed its 2025 growth forecast for the country’s economy, Europe’s biggest, to just 0.3% after it shrank for two consecutive years
Germany slashes growth outlook in ‘serious' diagnosis of Europe's largest economy
The German government slashed its gross domestic product expectations Wednesday, saying it was now forecasting just 0.3% growth in 2025.
German industry sounds alarm as government cuts growth forecast
The German government on Wednesday slashed its growth forecasts for 2025 as industry leaders sent dire warnings over the country's economic health and staged nationwide protests to urge reforms.
Europe economy shows zero growth at end of 2024 as Germany struggles
Europe's economy stagnated at the end of last year as its former growth engine, Germany, finished a second straight year of shrinking output, officials said Thursday.Gross domestic product was flat with a zero increase in the final quarter of 2024 in the 20-nation eurozone,
Germany slashes economic growth expectations to 0.3% ahead of February election
The German government slashed its gross domestic product expectations Wednesday, saying it was now forecasting just 0.3% growth in 2025.
Germany cuts 2025 economic growth forecast to 0.3% amid structural challenges
The uncertainty about US trade policy in the wake of Donald Trump's presidency is partly to blame, economy minister Robert Habeck said on Wednesday. View on euronews
Germany cuts GDP forecast to just 0.3% for 2025: ‘The diagnosis is serious’
Germany’s government announced on Wednesday that it has revised its economic growth forecast for 2025 down to just 0.3%, citing serious concerns over the country’s economic outlook.
Germany's statistics office says the country's economy shrank by 0.2% in 2024 in second consecutive year of decline
Germany's statistics office says the country's economy shrank by 0.2% in 2024 in second consecutive year of decline ...
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Germany's Economy Shrinks for Second Year
Germany's economy contracted for the second consecutive year in 2024, continuing its struggle with a series of internal and external challenges. Official data released on Wednesday revealed a 0.2 ...
Yahoo Finance15d
Germany's economy shrank for the second consecutive year in 2024
BERLIN (AP) — Germany's economy shrank for the second straight year in 2024 as worried consumers held back on spending and Chinese competition ate into the country's traditional exports of cars ...