Digital Journal
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. Gross domestic product in Europe’s largest economy fell 0.2 percent last year, according to preliminary figures from federal statistics agency Destatis…
Read More
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. Gross domestic product in Europe’s largest economy fell 0.2 percent last year, according to preliminary figures from federal statistics agency Destatis…