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The collapse of Germany's governing coalition and President-elect Donald Trump's imminent return to the White House are creating new risks for the European Union's biggest economy, already in a ...
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 ...
BERLIN (Reuters) -Germany's main political parties were unveiling their manifestos on Tuesday, offering competing visions to lift Europe's largest economy out of the doldrums while fighting off a ...
German Chancellor Olaf Scholz on Friday promised quick action to fix a budget crisis after a court decision blew a large hole in the almost-finished plan for next year and threatened to disrupt ...
Holger Schmieding, the economist who first called Germany the “sick man of Europe” in 1998, thinks the “current wave of pessimism” over its economy is overdone.
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.
The German Economic Review is a peer-reviewed academic journal of economics published quarterly by John Wiley & Sons on behalf of the Verein für Socialpolitik, of which it is the official English language journal. [1] It was re-established in 2000. [1] It was briefly published in the 1970s. [1]
“A lot has been left behind here over the past decades,” Alfred Kammer, IMF's Europe head, said on Germany's lagging economy. IMF sounds the alarm: ‘There can be no productive economy’ in ...