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In September 2024, three state elections in eastern Germany (Thuringia [1 September], Saxony [1 September] and Brandenburg [22 September]) yielded disastrous results for the parties in the federal traffic light coalition. In Thuringia, the SPD received its worst result in any post-war state election, although it held its vote in Saxony and ...
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 ...
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 ...
BERLIN (Reuters) -Chancellor Olaf Scholz will call on Germany's parliament on Monday to declare it has no confidence in him, taking the first formal step towards securing an early national ...
An economic union is a type of trade bloc which is composed of a common market with a customs union. [1] The participant countries have both common policies on product regulation, freedom of movement of goods , services and the factors of production ( capital and labour ) as well as a common external trade policy.
The AfD stunned Germany's mainstream parties in September when it became the first far-right party to win a regional election in Germany since World War Two. Mario Voigt, 47, leader of the state's ...
A common market is seen as a stage of economic integration towards an economic union [8] or possibly towards the goal of a unified market.. A single market is a type of trade bloc in which most trade barriers have been removed (for goods) with some common policies on product regulation, and freedom of movement of the factors of production (capital and labour) and of enterprise and services.
Business and economy Argentine debt restructuring Argentina 's country risk index, measured by the JPMorgan GBI-EM Index , briefly drops to 444 points, its lowest level since 2018, before closing at 561 points due to technical adjustments linked to upcoming bond payment amid improved market sentiment driven by cooling inflation and signs of ...