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Additionally, the country entered an economic crisis while under leadership of the traffic light coalition, leading to falling approval ratings. [6] In November 2023, Germany's Federal Constitutional Court (Bundesverfassungsgericht) declared parts of the government's budget policy unconstitutional.
Germany's governing coalition reached a deal Wednesday to resolve a budget crisis triggered by a court ruling last month, agreeing to cut some subsidies and spending while stressing that Berlin ...
The German economic crisis is a significant downturn of Germany's economy that marked a dramatic reversal of its previous "labour market miracle" period of 2005–2019. The country, which had been considered to be Europe's economic powerhouse in prior decades, became the worst-performing major economy globally in 2023 with a 0.3% contraction, followed by minimal growth in 2024 leaning on ...
17 June – Authorities announce the largest seizure of cocaine in Germany following raids in Dusseldorf and Hamburg in 2023 that yield 60.5 metric tons of the substance valued at 2.6 billion euros ($2.78 billion). [55] 19 June – An Iraqi national is arrested in Esslingen am Neckar on suspicion of plotting to carry out attacks for Islamic ...
A backlash had been building in Germany ever since it took in more than a million people mostly fleeing war-torn countries such as Syria during the 2015/2016 migrant crisis, migration experts say.
German Chancellor Olaf Scholz said Saturday he is confident that his troubled government will find a good solution to a budget crisis triggered by a court ruling last month, and promised his ...
The 2023–2024 German farmers' protests are a series of ongoing nationwide protests and road blockages in Germany organized by farmers and agricultural unions since 18 December 2023. The subjects of the protests are the abolition of tax breaks on farmers and the policies of the federal government.
Germany’s economy is in a slump, battling a slew of short-term problems and structural challenges. Will it remain stuck in the slow lane or can it be revived? Europe’s growth engine is sputtering.