germany, economy

German economy contracts 0.2% in 2024 in second consecutive annual slowdown
The German economy contracted by 0.2% in 2024, in the second consecutive year of declines in the annual gross domestic product of Europe's largest economy.
Germany's economy shrinks for second consecutive year in 2024 amid election
The German economy, Europe's biggest, shrank for the second consecutive year in 2024, according to preliminary official figures released Wednesday weeks before an election in which the economy is the top issue.
German economy shrinks again amid political crisis
Germany's economy shrank for a second straight year in 2024, official figures showed Wednesday, with little hope of a speedy recovery as Europe's traditional powerhouse is also mired in political crisis.
German economy contracts for second consecutive year in 2024
Germany's economy contracted for the second consecutive year in 2024, highlighting the depth of the downturn gripping Europe's biggest economy. Germany's economy shrank by 0.2% over the full year - in line with economists' forecasts - and by 0.
Germany's economy shrank for the 2nd consecutive year in 2024
The Federal Statistical Office said that gross domestic product contracted by 0.2% last year following a decline in 2023. Chancellor Olaf Scholz's three-party coalition government collapsed in November when Scholz fired his finance minister in a dispute over how to revitalize the economy.
Germany's economy shrinks for a second year in a row as election looms
Europe's biggest economy shrank for a second year in a row in 2024, according to data released on Wednesday by the Federal Statistics Office. View on euronews
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WATCH: Biden says he’s leaving economy ‘stronger than ever’ for Americans as his term nears end
President Joe Biden lauded his administration’s record on the economy after the labor department reported Friday a surge in job growth and decline in unemployment last month.