While the German economy is expected to contract this year, the institutes forecast that the euro zone as a whole will grow by 1.4%, accelerating to 1.6% in 2025 and 1.7% in 2026.

In Abkhazia in 2008 and Crimea in 2014, such promises had merit, given the then-economic stagnation in Georgia and Ukraine and Russia’s rapid oil-fueled economic growth.

INGOLSTADT, Germany—Christian Scharpf, the mayor of this city of 140,000, Germany’s second richest, is looking for ways to save close to €100 million. Carmaker Audi, headquartered here near ...

In the last quarter of 2023, the economy shrank 0.5%. The economic experts are somewhat less optimistic for 2024 than the German government, which expects 0.3% GDP growth this year and 1.0% in 2025.

German Economic Institutes Slash 2025 Growth Forecast as Tariffs Bite -- Update Published: April 10, 2025, 6:35 a.m. ET Share Resize ...

Overall, eastern Germany's economic performance, measured by gross domestic product (GDP) per hour worked, stands at 86% of the west German average.

Harmonised German inflation declined to 2.4% in October 2024, down from a peak of 11.6% in October 2022, primarily due to falling energy prices. For 2024, inflation is projected to average 2.4% ...