FRANKFURT (Reuters) -     Germany's economy ministry plans to downgrade its 2024 economic growth forecast, expecting Europe's largest economy to shrink by 0.2%, newspaper Sueddeutsche Zeitung reported on Sunday. The forecast for an inflation-adjusted contraction, which the ministry is due to publish on Wednesday, follows a previous government projection of 0.3% growth this year after a 0.3% contraction in 2023. Last month Germany's leading econo…

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Germany's economy is on track to shrink for a second straight year

Germany's government says the country’s economy is on track to shrink for a second consecutive year.

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Germany's government says the country’s economy is on track to shrink for a second consecutive year

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BERLIN (AP) — Germany’s government says the country’s economy is on track to shrink for a second consecutive year. The outlook underlined the unpopular administration’s troubles as it heads into a difficult election year. The new forecast Wednesday that gross domestic product will shrink by 0.2% this year compares with the government’s prediction in April of 0.3% growth and brings it into line with economists who also have forecast a slight cont…

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The German economy just can't seem to get back on its feet, with another year of contraction on the horizon. As more companies struggle, they're becoming the focus of merger and acquisition specialists.

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Germany's prolonged recession makes firms takeover targets

FRANKFURT, Germany — The German government has slashed its forecast and now expects Europe’s largest economy to shrink for a second year running as hopes for a consumption-driven recovery fizzle out, media reported Sunday. The economy ministry sees the German economy contracting by 0.2 percent this year, a dramatic downgrade from its prior estimate of

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German government expects another recession in 2024 – media

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German government expects economy to shrink by 0.2% this year, Sueddeutsche reports

A new survey shows that many consumers would rather save more than spend more money in the coming months. What the traffic light has to do with it.

Viele Verbraucher wollen in den kommenden Monaten lieber mehr sparen als mehr Geld ausgeben, zeigt eine neue Umfrage. Was die Ampel damit zu tun hat.

Schwache Wirtschaft: Die Angst der Deutschen vor dem Konsum

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Weak economy: Germans' fear of consumption

German Economy Minister Robert Habeck on Monday admitted that the countrys economy is performing poorly, as a report suggested a new government forecast expects domestic product (GDP) to decline in 2024, reported dpa.
Habeck said in...

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German Minister admits economy struggling as GDP set to contract

The German economy is expected to shrink by 0.2% in 2024, the economy ministry said on Wednesday, confirming the recent reports by German media and presenting a dire picture for th...

German government expects economy to shrink by 0.2% this year, Sueddeutsche reports

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