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Berlin hopes to incentivize companies to buy electric vehicles, and follows a larger investment in March meant modernize Germany’s military and infrastructure.
On Friday, Germany’s GDP growth rate for the final quarter of last year was revealed and unfortunately, it didn’t make for great reading. Like most around the globe, the country’s economy ...
Higher wage growth and stronger imports would also help bring down Germany’s large current account surplus, which stood at 8¼ percent of GDP in 2017. 2. Public finances have improved significantly.
The latest data does not look good – the following eight charts show why a recession ... fear an oncoming recession is that Germany’s GDP has been going down since roughly mid-2018, painting ...
A continued supply squeeze means Germany’s economy will see tepid growth in the last three months of 2021, according to the Finance Ministry. “Only a slight increase in GDP is currently ...
Germany’s current account surplus reached 7.6 percent of GDP last year. It was the largest in the world in U.S. dollar terms, and will likely grow further this year. To accompany the main report, the ...
As this chart from Barclays shows, the two countries are at opposite ends of the spectrum when it comes to debt and GDP. Germany's debt is only 75% of its GDP, but Greece's debt is nearly 180% of ...
To get to 2% of GDP by 2024, Germany would have to double its defense spending in real terms to about €70 billion in the space of just seven years (see the chart here). In 2017, the government ...
forecasts British GDP to grow by 1.65 percent in 2023. The US is forecast for 1.39 percent growth for the same period, followed by Germany on 1.21 percent. The chart shows the UK behind the ...