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Germany, eurozone
Europe's economy showed zero growth at end of 2024 as Germany, eurozone's biggest economy, struggled
Europe’s economy stagnated at the end of last year as its former growth engine, Germany, finished a second straight year of shrinking output, officials said Thursday. Gross domestic product was flat with a zero increase in the final quarter of 2024 in the 20-nation eurozone,
Eurozone economy stalled in Q4 due to Franco-German drag
The stuttering economic performance, coupled with an outlook overshadowed by the risks of trade tension with the U.S. and China, mean that the European Central Bank is almost certain to cut its key interest rates again Thursday, bringing its key deposit rate down to 2.75 percent.
Germany's government slashes its economic growth forecast for this year to 0.3%
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. The new projection is much lower than the government's previous forecast of 1.
The US economy ended 2024 with cooler growth than expected
US economy resilient despite moderation in growth in fourth quarter
U.S. economic growth slowed in the fourth quarter as a strike at Boeing depressed business investment in equipment, but consumer spending increased at its fastest pace in nearly two years, underscoring strong domestic demand that probably keeps the Federal Reserve on a slow interest rate cut path this year.
German economy shrinks by 0.2% in fourth quarter, more than expected
The German economy shrank by 0.2% in the fourth quarter of 2024, according to preliminary data released by Germany’s statistics office Destatis on Thursday.
The US economy ended 2024 with cooler growth than expected in the fourth quarter
US real gross domestic product increased at an annualized rate of 2.3% in the fourth quarter, well below the forecast of 2.7%. That growth indicates a cooler economy than in the second and third quarters of the year.
The Economist
8h
Can Germany’s economy stage an unexpected recovery?
In the early 2000s, the complaints were similar...We missed that underneath the surface many things were changing,” says Jens ...
1d
on MSN
Hopes for German economic recovery vanish as election nears
Germany's long-awaited economic recovery has been postponed once again, as the government cut its forecasts for this year ...
3h
European Central bank cuts benchmark rate by a quarter percentage point to boost stagnant economy
The European Central Bank cut its key interest rate on Thursday to boost an economy that’s struggling to grow as consumers ...
think
3d
How the Main Political Parties Plan to Make the German Economy Great Again
The German economy currently faces many problems. The three most pressing structural economic issues are energy, the changing ...
1d
Germany has been systematically underinvesting, economy minister says
Germany has been systematically underinvesting and its restrictive fiscal policies have been a brake on growth, German ...
7h
German Economy Contracts Unexpectedly In Q4
The German economy logged an unexpected contraction in the fourth quarter on weaker exports amid cyclical and structural headwinds, ...
4h
on MSN
ECB cuts interest rates again as German economy teeters on recession
The European Central Bank cut interest rates again on Thursday after separate data showed economic stagnation, led by contraction in Germany and France.
2d
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 ...
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