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The German economic crisis is a significant downturn of Germany's economy that marked a dramatic reversal of its previous "labour market miracle" period of 2005–2019. The country, which had been considered to be Europe's economic powerhouse in prior decades, became the worst-performing major economy globally in 2023 with a 0.3% contraction, followed by minimal growth in 2024 leaning on ...
In Fortune's first-ever ranking of Europe's top 500 corporations by annual revenue, Germany stands out with the highest representation, boasting a total of 80 companies in the rankings.
Germany issues an indefinite ban on requesting or providing new military aid to Ukraine that has not already been approved in order to reduce federal budget spending. The moratorium results in a "tangible dispute" within the Scholz coalition government. [90] Four convicts escape in a prison break at a psychiatric hospital in Straubing, Bavaria.
Since mid-January 2024, widespread protests against the far-right Alternative for Germany (AfD) party have been taking place in Germany, after a report by investigative journalist group Correctiv revealed the presence of in-office party members at the meeting of right-wing extremists at Potsdam in 2023, centered on "remigration" proposals to organize mass deportations of foreign-born Germans ...
Germany's economy shrank 0.3% last year as Europe's former powerhouse struggled with more expensive energy, higher interest rates, lack of skilled labor and a homegrown budget crisis. Europe's ...
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2011 Germany E. coli O104:H4 outbreak (May–June) Thousands of protesters hold demonstrations in Belgrade, Serbia against the arrest of Ratko Mladić (26 May). 2011 Portuguese anti-austerity movement (12 March) Nationwide protests across Spain (May–) Anti-cuts protest in London (26 March) Refugees of the 2011 Libyan civil war (2011–2013)
BERLIN (Reuters) -The German government on Wednesday cut its growth forecast for this year to 2.6% but raised its estimate for next year to 4.1% as supply bottlenecks for semiconductors and rising ...