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Germany is the world's top location for trade fairs; [57] around two thirds of the world's leading trade fairs take place in Germany. [58] Some of the largest international trade fairs and congresses are held in several German cities such as Hanover , Frankfurt, Cologne, Leipzig , and Düsseldorf .
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 ...
The German government on Wednesday slashed its 2025 growth forecast for the country's economy, Europe's biggest, to just 0.3% after it shrank for two consecutive years. The new projection is much ...
Antarctica has no permanent population. However, if conventional GDP methodology is applied, which includes salaries of residents, as well as construction and equipment procurement (the biggest "industries" in Antarctica), the GDP of the continent would exceed one billion United States dollars. [citation needed]
Germany’s challenges span the structural and cyclical, domestic and geopolitical, creating a perfect storm for the country’s economy that most economists see little way out of in the short run.
“A lot has been left behind here over the past decades,” Alfred Kammer, IMF's Europe head, said on Germany's lagging economy. IMF sounds the alarm: ‘There can be no productive economy’ in ...
Now, Germany is the world’s worst-performing major developed economy, with both the International Monetary Fund and European Union expecting it to shrink this year.
As a consequence Germany's society remained stagnant as its economy played only a secondary role with limited access to international markets and resources, while in France, Britain and the Netherlands, worldwide trade and colonial possessions greatly empowered mercantile and industrial groups and led to the rise of a bourgeoisie, who was able ...