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Germany is the world's top location for trade fairs; [58] around two thirds of the world's leading trade fairs take place in Germany. [59] Some of the largest international trade fairs and congresses are held in several German cities such as Hanover , Frankfurt, Cologne, Leipzig , and Düsseldorf .
Germany’s economy, the largest in Europe, contracted for the second year in a row in 2024, official data showed Wednesday, underscoring the challenges facing the region as it tries to get ...
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 ...
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 ...
Germany suffers “from a bundle of individual problems,” rather than one major ailment, according to Stefan Kooths, research director at the Kiehl Institute for the World Economy.
The German economy shrank by 0.3% in 2023. The government forecast growth of 1.1% next year and 1.6% in 2026. Vice Chancellor Robert Habeck, who is also the economy minister, said that the German economy hasn't seen powerful growth since 2018 as the country's structural problems have been joined by wider global challenges.
Germany's government said Wednesday that its economy, Europe's biggest, is on track to shrink for a second consecutive year — underlining the unpopular administration's troubles as it heads into ...
Germany is stuck in a deep economic crisis amid a structural break that the country’s leading industry lobby predicts will lead to the most protracted downturn since reunification nearly 35 ...