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"The dire state of the German economy" is a key election issue, said ING analyst Carsten Brzeski, who pointed out that it was ...
German Finance Minister Lars Klingbeil emphasizes the need to reinvigorate the German economy through strategic investments ...
Germany’s ongoing perma-crisis has weighed on its entire economy and, because of its sheer size, on the entire European region. Its current state is a culmination of many problems—from red ...
“The security situation is dramatic,” said Steffen Kampeter, director of the BDA, the country’s biggest employers’ group, adding that he welcomed efforts to strengthen the armed forces. But he warned ...
Germany’s minimum wage is set to rise by about 14% over the next 18 months under an agreement that appears to defuse a ...
The German economy is in a recession and has been shrinking for two consecutive years. In fact, it is now about the same size as it was in 2019, ...
But reaching such levels of economic expansion in Germany "seems unrealistic," not just temporarily, but also in the long run, she told CNBC. Germany's GDP declined in both 2023 and 2024.
Last year, as the German economy stagnated, an unlikely trend emerged among its start-ups: the amount of overall funding, year over year, increased by about €1bn, to €7bn.
The German economy narrowly skirted a technical recession — or two consecutive quarters of economic contraction — throughout 2023 and 2024, but has been effectively stagnant.
Analysts expect that taken together, the spending packages could eventually surpass €1 trillion ($1.3 trillion), representing about a quarter the size of Germany’s economy.
The German economy has seen virtually no growth since late 2019. Growth projections for 2025 remain bleak, with real GDP expected to expand by a mere 0.3%, according to Goldman Sachs.
But reaching such levels of economic expansion in Germany "seems unrealistic," not just temporarily, but also in the long run, she told CNBC. Germany's GDP declined in both 2023 and 2024.