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The government attempted to cover the resulting shortfall through re-allocating already planned funds, but this resulted in the 2023–2024 German farmers' protests and further decreased the public perception of the already unpopular government. [6] [7] [8]
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 ...
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 ...
2024 European Parliament election in Germany: Conservative parties retain their plurality in the German contingent of the European Parliament. [50] The AfD prevails in all five former East German states. [51] 2024 Hamburg borough elections; 14 June: One person is killed and three others are injured in a stabbing attack in Wolmirstedt, Saxony ...
BERLIN (Reuters) -Germany's coalition partners intensified efforts on Wednesday to find a way to plug a 17-billion-euro ($18.3 billion) hole in next year's budget after failing to resolve the ...
Germany's ruling coalition unveiled a supplementary budget on Monday that will temporarily lift a self-imposed cap on borrowing after a constitutional court ruling tore up the government's ...
2024 German government crisis; M. 2024 Magdeburg car attack This page was last edited on 17 December 2024, at 05:22 (UTC). Text is available under the Creative ...
The 20% tariffs on Europe signalled by Trump during his campaign could lead Germany's export-dependent economy to shrink as much as 1.5% in 2027 and 2028, a report by German economic institute IW ...