Germany's government slashes its economic growth forecast for this year to 0.3%
Briefly

The Independent emphasizes the importance of on-the-ground journalism in diverse reporting, covering critical issues from reproductive rights to economic turmoil in Germany. The German government has notably reduced its 2025 growth forecast to 0.3%, reflecting ongoing struggles after a contraction in GDP for two consecutive years. This economic stagnation highlights broader structural challenges and global market shifts. With early German parliamentary elections approaching, political candidates propose differing strategies to revive the economy, making it a pivotal issue for voters.
"Germany has managed no meaningful economic growth in the past four years as it has struggled to deal with major shifts in the global economy and with structural challenges of its own."
"The German government on Wednesday slashed its 2025 growth forecast for the country's economy, Europe's biggest, to just 0.3% after it shrank for two consecutive years."
Read at www.independent.co.uk
[
|
]