German unemployment rate rises with economic malaise
Germany's unemployment rate rose at the start of the year, despite a smaller than expected increase in the number of people out of work, as the weakness of Europe's biggest economy takes its toll in the labour market.
Can Germany’s economy stage an unexpected recovery?
In the early 2000s, the complaints were similar...We missed that underneath the surface many things were changing,” says Jens Ulbrich, chief economist at the Bundesbank, Germany’s central bank. Back then,
How the Main Political Parties Plan to Make the German Economy Great Again
The German economy currently faces many problems. The three most pressing structural economic issues are energy, the changing role of China, and deteriorated competitiveness due to a decade-long underinvestment. Here’s what we think needs to be done to solve or at least tackle these issues.
Hopes for German economic recovery vanish as election nears
Germany's long-awaited economic recovery has been postponed once again, as the government cut its forecasts for this year amid trade tensions and growing domestic uncertainty over the upcoming election.
German Economy Contracts Unexpectedly In Q4
The German economy logged an unexpected contraction in the fourth quarter on weaker exports amid cyclical and structural headwinds,
Eurozone economy stagnates as Germany struggles
The eurozone economy stagnated in the fourth quarter as political instability weighed heavily on the region’s two biggest countries, offsetting better performance elsewhere.
Germany is in deep economic crisis, says industrial lobby
Germany is in a deep economic crisis, Germany’s BDI industry association said on Tuesday, forecasting a 0.1 per cent contraction in gross domestic product in 2025.A decline in 2025 would mark the first time since Germany reunified that the country has been in contraction for three years in a row.
Germany's sagging economy sees growing pessimism over recovery
After two years of negative growth, the outlook for the German economy remains dreary, with the Federation of German Industry (BDI) business lobby group on Tuesday predicting another year of decline in 2025.
Germany slashes growth outlook in 'serious' diagnosis of Europe's largest economy
The German government slashed its gross domestic product expectations Wednesday, saying it was now forecasting just 0.3% ...
Europe’s economy showed zero growth at end of 2024 as Germany, eurozone’s biggest economy, struggled
Europe’s economy stagnated late last year as its former growth engine, Germany, finished a second straight year of shrinking ...
With Germany heading to the polls—will the government be able to turn around its crisis-hit economy in time?
Auto industry jobs have long been the lifeblood of the German town of Luedenscheid but now, a trade union official says, the ...
Germany stuck in ‘deep economic crisis’ as major industry lobby predicts longest downturn since 1990 reunification
The BDI says Germany has once again become one of the EU's economic laggards amid a six-year decline in country's industry.
European Central Bank Cuts Benchmark Rate by a Quarter Percentage Point to Boost Stagnant Economy
The European Central Bank is cutting its key interest rate, a step to boost an economy that’s struggling to grow as consumers ...
German economy shrinks by 0.2% in fourth quarter, more than expected
The German economy shrank by 0.2% quarter-on-quarter in fourth quarter of 2024, according to preliminary data released by ...
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German retail sales in December down 1.6%, largest decline in 10 months
ISTANBUL (AA) - Germany's retail sales dropped 1.6% from a month ago in December, marking the largest drop since February ...
Germany has been systematically underinvesting, economy minister says
Germany has been systematically underinvesting and its restrictive fiscal policies have been a brake on growth, German ...