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 association said on Tuesday, putting it on track for three years of declining growth for the first time since reunification.
Germany's economic forecast indicates a 0.3% decline in exports for 2025 due to weakening competitiveness and geopolitical tensions. The economy shows minimal growth amidst political instability and ...
The European Union’s largest economy, Germany, is experiencing a deindustrialisation trend due to factors such as high energy ...
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