The German government slashed its growth forecast for 2024 on Wednesday, warning that Europe's largest economy was in "difficult waters" as it faced a series of headwinds."The German economy is still in difficult waters," Hebestreit told reporters.
The German government slashed its growth forecast for 2024 on Wednesday, warning that Europe s largest economy was in "difficult waters" as it faced a series of headwinds.
Germany cuts 2024 growth forecast as economic woes pile up digitaljournal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from digitaljournal.com Daily Mail and Mail on Sunday newspapers.
French Finance Minister Le Maire yesterday brought some bad news regarding the EU’s second-largest economy, lowering this year’s growth forecast to a meagre 1%. Germany’s Bundesbank today issued a similarly depressing message about Europe’s N° 1. Its monthly report projected another economic contraction in the first three months of the year. With the economy having shrunk 0.3% in 2023Q4 it would put Germany in a technical recession.
Why are ever more European farmers taking to the streets? thestreetjournal.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestreetjournal.org Daily Mail and Mail on Sunday newspapers.