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Germany's economy contracted for the second consecutive year in 2024, continuing its struggle with a series of internal and external challenges.
Exports declined for a second straight month in May in response to higher U.S. tariffs as Europe’s largest economy looks set ...
The German economy has become less and less competitive. A decisive factor was Russia's invasion of Ukraine in 2022 and the halt to Russian gas supplies.
Germany's economy is expected to contract by 0.2% in 2024, the economy ministry said on Wednesday, which is likely to make it for the second year running the only member of the Group of Seven ...
Chancellor Friedrich Merz will pass an early plank of his domestic agenda into law on Friday, grounded in classical economic arguments.
Germany has struggled to generate significant growth for years and the economy shrank in each of the last two years. In last year's fourth quarter, it contracted by 0.2%.
In the big picture, it’s impossible to miss Germany’s struggles. Start with growth, which helped make Germany the world’s third-largest economy but has only cracked 2 percent per year once ...
Germany's economy is faltering. That could be an opportunity for the far-right NPR's Scott Simon speaks to Marcel Fratzscher, president of the German Institute for Economic Research, about Germany ...
People hold placards with an image of German Economy Minister Robert Habeck, German Chancellor Olaf Scholz and Christian Democratic Union (CDU) leader Friedrich Merz ahead of the German general ...
The incoming coalition government decided to hike military spending to strengthen Germany’s defense capabilities and boost the economy. Once the German economy is back on track, Merz and his allies ...