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Europe's Economy Showed Zero Growth at End of 2024
Europe's economy showed zero growth at end of 2024 as eurozone's biggest economy Germany struggled
Europe's economy has stagnated at the end of last year as former growth engine Germany floundered to the end of a second straight year of shrinking output.
Germany slashes growth outlook in 'serious' diagnosis of Europe's largest economy
The German government slashed its gross domestic product expectations Wednesday, saying it was now forecasting just 0.3% growth in 2025.
Eurozone economy stalled in Q4 due to Franco-German drag
The stuttering economic performance, coupled with an outlook overshadowed by the risks of trade tension with the U.S. and China, mean that the European Central Bank is almost certain to cut its key interest rates again Thursday, bringing its key deposit rate down to 2.75 percent.
U.S. economy grew 2.3% in 4th quarter
The US economy ended 2024 with cooler growth than expected in the fourth quarter
US real gross domestic product increased at an annualized rate of 2.3% in the fourth quarter of this past year, less than the forecast of 2.7%. That economic growth was far below expectations and shows a much cooler economy than the second and third quarter of the year.
German economy shrinks by 0.2% in fourth quarter, more than expected
The German economy shrank by 0.2% in the fourth quarter of 2024, according to preliminary data released by Germany’s statistics office Destatis on Thursday.
Germany lowers 2025 economic growth forecast to meagre 0.3%
Germany on Wednesday lowered its 2025 growth forecast to 0.3%, down from 1.1%, as the country's stagnant economy continues to struggle. Economy Minister Robert Habeck announced the new gross domestic product (GDP) estimate in a presentation of the government's annual economic report in Berlin.
2d
on MSN
Germany stuck in ‘deep economic crisis’ as major industry lobby predicts longest downturn since 1990 reunification
The BDI says Germany has once again become one of the EU's economic laggards amid a six-year decline in country's industry.
The Economist
8h
Can Germany’s economy stage an unexpected recovery?
In the early 2000s, the complaints were similar...We missed that underneath the surface many things were changing,” says Jens ...
1d
Hopes for German economic recovery vanish as election nears
Germany's long-awaited economic recovery has been postponed once again, as the government cut its forecasts for this year ...
think
3d
How the Main Political Parties Plan to Make the German Economy Great Again
The German economy currently faces many problems. The three most pressing structural economic issues are energy, the changing ...
8h
German Economy Contracts Unexpectedly In Q4
The German economy logged an unexpected contraction in the fourth quarter on weaker exports amid cyclical and structural headwinds, ...
2d
Germany in deep economic crisis, BDI industrial lobby group says
The German economy is in deep crisis, with gross domestic product likely to contract 0.1% this year, the BDI industry ...
think
7d
Germany: how to make the economy great again
To make the German economy great again, the country will need time. A decline that spanned more than a decade cannot be ...
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