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Germany Faces Economic Stagnation and Political Polarization Ahead of Key Election

  • Germany's next government faces a significant challenge in reviving the economy after an election on Feb. 23, as the current strategy, based on cheap gas from Russia and exports to China, has failed, resulting in stagnation.
  • EBM-Papst reported a 4.1% revenue decline in Germany and is shifting focus toward green and digital technologies to adapt to economic challenges.
  • Germany's economy contracted over the last two years, while the U.S. And China saw growth of 11.4% and 25.8%, respectively, according to Germany's Federal Statistical Office.
  • Business leaders advocate for the new government to loosen debt limits for increased spending on infrastructure and education to avoid further economic decline.
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  • 44% of the sources lean Left
44% Left
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luxtimes.lu broke the news in on Saturday, February 15, 2025.
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