Reported about 9 hours ago
Germany's economy has contracted for the second consecutive year in 2024, raising concerns for the upcoming elections as the new government inherits significant challenges. With GDP falling by 0.2% following a 0.3% drop in 2023, the country struggles with stagnation, influenced by weak global demand, manufacturing issues, and political turmoil. The outlook for 2025 remains bleak, with predictions of only modest growth and potential risks of further decline.
Source: YAHOO