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"Funding is to be provided for the establishment of modern production capacities that significantly exceed the current state of the art," the spokesperson from the Economy Ministry told Reuters ...
“The German economy is back where it was a year ago: the growth laggard of the eurozone with few signs of an imminent improvement.” German economy is ‘stuck in stagnation,’ ING warns Skip ...
BERLIN (Reuters) -Germany's main political parties were unveiling their manifestos on Tuesday, offering competing visions to lift Europe's largest economy out of the doldrums while fighting off a ...
Germany, as Europe's largest economy, has faced a challenging period in recent years. The impact of soaring energy costs, structural obstacles, and slowing growth in China has weighed on the ...
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 ...
21 August – Germany's central bank announces the country's economy will be stagnant in the third quarter, due to high energy prices and rising borrowing costs. [37] 23 August – Germany passes legislation to ease citizenship rules, aiming to reduce a shortage of skilled workers and to improve the integration of immigrants. [38]
Germany has by far the lowest debt in the G7 grouping of major economies, but memories of how frugality paved the way for postwar reconstruction and how costly it was to re-integrate indebted ex ...
As of 2013, Germany is the third-largest exporter and third-largest importer in the world, producing the largest trade surplus as a national economy. The German economy practically stagnated in the beginning of the 2000s. The worst growth figures were achieved in 2002 (+1.4%), in 2003 (+1.0%), and in 2005 (+1.4%). [76]
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