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German economy forecast to shrink by 0.4% in 2023, experts say
The German economy has been forecast to shrink by 0.4% this year, lower than a March forecast, according to a report released from the influential German Council of Economic Experts.
November08,2023
German economy shrinks 0.2% in final quarter of 2022
The German economy shrank in the fourth quarter of 2022, down 0.2% from the previous quarter, the Federal Statistical Office said in its initial estimate.
February01,2023
German chancellor at motorcycle factory: Germany remains an industrialized country
According to German Chancellor Olaf Scholz, Germany will remain a major industrial location even after its transformation to a zero-emissions future.
January05,2023
German economics group sees recession as milder than expected
A prominent German economics research institution predicts that the looming recession in Germany will be more mild than expected, with Europe's biggest economy forecast to shrink by only 0.1% in the coming year.
January05,2023
New figures show German economy grew slightly in second quarter
The German economy grew slightly in the second quarter of the year, according to the latest figures that upgraded an estimate released at the end of July.
August26,2022
Germany's Bundesbank eyes Q4 hit, to focus more on climate policy
e German economy almost certainly suffered in the last quarter of 2021 due to renewed coronavirus restrictions, the country's Bundesbank said in Monday.
February21,2022
German economy grew by 0.3 percent in final quarter of 2020
The German economy grew by 0.3 percent as it lurched towards the end of the coronavirus crisis year, according to government data for the fourth quarter released on Wednesday.
February26,2021
German minister warns of protracted crisis, furlough scheme extended
German Labour Minister Hubertus Heil says he defends the coalition government's decision to extend a furlough scheme for employees out of work during the coronavirus pandemic, warning of a protracted economic crisis.
August28,2020
German firms face long road to normality after coronavirus chaos
German companies expect to wait another 11 months on average before their business situation returns to normal, according to a study released on Thursday, as a slew of quarterly financial results painted a chaotic picture in Europe's largest economy.
August18,2020
Germany sees fall in insolvencies - but coronavirus effect excluded
Germany saw a 9.9-percent fall in the number of companies going bust in May year on year, according to data released earlier this week - but worse was still expected as the coronavirus crisis rattles industries.
August18,2020
Coronavirus hits Germans' wallets as monthly earnings decline
Gross monthly earnings took a 2.2-per-cent hit in Germany in the second quarter of 2020, according to government data, as the fallout of the coronavirus pandemic puts a strain on businesses and jobs.
August18,2020
Pandemic prompted steeper fall in German economy than 2008 crisis
The coronavirus pandemic plunged Europe's largest economy into a steeper fall than that seen during the 2008 global financial crisis, the German Federal Statistical Office said on Wednesday.
August07,2020
German economy minister unconcerned by economic downturn
German Economy Minister Peter Altmaier on Thursday brushed off concerns about Germany's economy, despite the signs of a recession increasing in recent months.
September06,2019
Bundesbank: Germany may be slipping into technical recession
Germany's central bank, the Bundesbank, on Monday said it does not see signs of a summer recovery after Europe's largest economy shrank in the second quarter of this year.
August21,2019
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