In the early 2000s, the complaints were similar...We missed that underneath the surface many things were changing,” says Jens ...
The German economy is in deep crisis, with gross domestic product likely to contract 0.1% this year, the BDI industry ...
The German government slashed its gross domestic product expectations Wednesday, saying it was now forecasting just 0.3% ...
The German economy, Europe's largest, also shrank for all of 2024 by 0.2%, the second straight year of declining output. And ...
Two years into an economic recession, German businesses are sounding the alarm and demanding no less than a complete overhaul of economic policy after February's election. Lower energy costs ...
The European Central Bank cut its key interest rate on Thursday to boost an economy that’s struggling to grow as consumers burned by inflation warily eye price tags and ...
Meanwhile, despite the economic downturn, total employment in Germany rose to 46.1 million last year, the highest figure since the unification of East and West Germany in 1990. On the other hand ...
East and West Germany were reunited as a single sovereign state in the 1990s. Increasing competition from abroad, high energy costs, still elevated interest rates and uncertain economic prospects ...