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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 leading to ...
The collapse of Germany's governing coalition and President-elect Donald Trump's imminent return to the White House are creating new risks for the European Union's biggest economy, already in a ...
For years afterward, Germany balanced its budget or even ran small surpluses as the economy lived large on cheap Russian natural gas and booming exports of luxury cars and industrial machinery ...
Germany's highest court on Wednesday annulled a government decision to repurpose 60 billion euros ($65 billion) originally meant to cushion the fallout from the coronavirus pandemic for measures ...
The Ifo Institute for Economic Research reports that Germany experienced a 13% birth rate decline nationally and up to a 17.5% birth rate decline in eastern Germany between 2021 and 2023, with the institute attributing the decline to several reasons including the COVID-19 pandemic, the Russo-Ukrainian war, and high inflation.
Three ways to sign in for contact tracing during the COVID-19 pandemic in Germany. From May 2020 [49] until late 2021, the so-called "seven-day incidence" was the main criterion for determining restrictions to fight the pandemic. The seven-day incidence is measured at a locality (district, state or federal level) as the average number of new ...
Europe’s biggest economy shrank last year for the first time since the onset of the Covid-19 ... Germans feeling that the current government has few solutions to the country’s myriad problems ...
While COVID-19 increased mortality in general, different countries experienced dramatically different impacts on birth rate. Birth rates in the US declined, whereas Germany's reached an all-time monthly high. [85] Some in China had initially thought that their COVID-19 lockdowns would boost birth rate, but that prediction was proven wrong. [86]