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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 ...
By law, "the Sundays and the public holidays remain protected as days of rest from work and of spiritual elevation" (Art. 139 WRV, part of the German constitution via Art. 140 GG). Thus all Sundays are, in a manner, public holidays – but usually not understood by the term "holiday" (except for, normally, Easter Sunday and Pentecost Sunday).
2024 China stock market crash 2 Feb 2024 China: The Shanghai Composite Index plummeted from a high of 3703 in September 2021 to 2730 on 2 February 2024, marking a 26.3% decline ahead of the Chinese New Year. The government swiftly intervened in the stock market following the crash by prohibiting short selling and reshuffling government officials.
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 ...
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The stock market has bounced back somewhat during the first few months of 2023. But it has not been significant enough to repair the damage of a nearly 20% drop in the S&P 500 index last year.
The S&P 500 peaked for the year at 4,796 on its January 3, 2022 close, before declining 25% to its low for the year in October 2022. [11] [12]In the first 6 months of 2022, the S&P 500 fell 21%, the worst 6-month start to a year since 1970.
Public holidays for the institutions of the European Union in 2025 Date Day 1 January 2025: New Year's Day: 2 January 2025: Day following New Year's Day 17 April 2025 (Thursday before Easter) Maundy Thursday: 18 April 2025 (Friday before Easter) Good Friday: 21 April 2025 (Monday after Easter) Easter Monday: 1 May 2025: Labour Day: 9 May 2025 ...