Germany’s Economy Shrank Last Year. Here’s How Politicians Plan to Revive It.
Friedrich Merz, the chancellor candidate for the conservative Christian Democratic Union, acknowledged the need for a “major effort” to revive the economy as his party pledges to return German growth to 2 percent over the next five years through changes to the welfare and tax systems.
German economy shrinks for second successive year
The German economy has shrunk for the second year in a row, posing a threat to Chancellor Olaf Scholz ahead of next month’s snap election. According to the latest figures from the German statistics office, the economy contracted by 0.2pc in 2024, following a 0.3pc dip the previous year.
The German economy ended the year 2024 with another disappointment. The economy shrank by 0.1% quarter-on-quarter, marking ...
Germany can only hope for a tangible economic recovery once there is clarity on the economic, financial and geopolitical ...
German police are investigating an election campaign flier by a far-right party that looks like a plane ticket and calls for ...
Germany's Federal Statistical Office says the GDP contracted by 0.2 per cent in 2024 following a decline in 2023 ...
Europe is burning through its gas reserves at the fastest pace in seven years, leaving Germany “acutely” exposed as cold ...
Musk-backed party pushing for second place at next month’s election, says ‘only deportations can save Germany’.
UK economic growth has been downgraded for last year – but will stay ahead of EU rivals for the next two years, figures show.
Conservative chancellor candidate Friedrich Merz railed against the climate policies of the left-leaning parties he’ll likely ...
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