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Germany's Economy Shrinks for 2nd Year
German economy, Europe’s largest, shrinks for second straight year
Germany’s economy, the largest in Europe, contracted for the second year in a row in 2024, official data showed Wednesday, underscoring the challenges facing the region as it tries to get economic growth back on track.
Germany’s economy shrank for the second consecutive year in 2024
The German economy shrank for the second straight year in 2024 as worried consumers held back on spending and Chinese competition ate into the country’s traditional exports of cars and industrial machinery.
Germany's Economy Shrinks for Second Year
Germany's economy shrunk for a second consecutive year in 2024, continuing its struggle with internal and external challenges.
7h
on MSN
Factbox-European companies cut jobs as economy sputters
Difficult economic conditions and persistently weak demand for many products have forced companies across Europe to freeze ...
8h
Europe markets close higher; Richemont up 16% on quarterly results, boosting luxury sector
Luxury sector bellwether Richemont jumped 16% after reporting a better-than-expected 10% increase in fiscal third-quarter ...
3h
For Europe, China looms as 2025 economic threat, analysts say amid overcapacity concerns
China seen posing ‘longer competitive challenge and a sort of strategic challenge’ in important industries, and this could reinforce the EU as a US ally.
6h
Ukrainian migrant exit could squeeze Eastern Europe's economies
Eastern European nations confronting a plethora of economic threats fuelled by war on their doorstep may face fresh pressure ...
13h
Germany’s Economy Contracts for Second Straight Year as Tariff Threat Looms
The weakness underlines the challenge that will face a new government in Berlin following elections in February, including ...
Foreign Affairs
2d
The Biggest Threat to Europe
There is an ongoing debate in Europe about how best to handle the incoming Trump administration. Some argue that Trump should ...
8d
Europe: Key Themes To Watch In 2025
In 2025, Europe is expected to experience weak economic growth due to tighter fiscal policies and trade barriers. We expect ...
9d
Energy surge fuels European market gains amid mixed economic data
European shares closed higher on Tuesday, buoyed by gains in the energy sector, while investors digested a slew of economic ...
2d
on MSN
European defense heavyweights say meeting Trump's military spending target won't be easy
The defense ministers of Europe’s five top military spenders say they intend to continue increasing their investments in ...
2d
Europe Accuses China of Unfairly Blocking EU Companies
The bloc alleges discrimination in the Chinese procurement market, raising the possibility of retaliation.
Hosted on MSN
10h
Global economy to weaken over next year, Europe braces for slowdown: WEF report
While the global economy braces for subdued growth in 2025, the United States and South Asia, particularly India, emerge as ...
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