Germany's economy shrank for Second consecutive year in 2024

Germany’s Economy Shrank Last Year. Here’s How Politicians Plan to Revive It.
“We need a major effort in this country to get things moving again,” Friedrich Merz, the chancellor candidate for the conservative Christian Democratic Union said over the weekend, as his party announced “Agenda 2030,” which pledges to return German growth to 2 percent over the next five years through changes to the welfare and tax systems.
Germany's economy shrank for the second consecutive year in 2024
The German economy, Europe's biggest, shrank for the second consecutive year in 2024, according to preliminary official figures released Wednesday weeks before an election in which the economy is the top issue.
Germany's statistics office says the country's economy shrank by 0.2% in 2024 in second consecutive year of decline
Germany's statistics office says the country's economy shrank by 0.2% in 2024 in second consecutive year of decline
Battling political crisis, Germany’s economy shrinks in 2024 for second straight year
Gross domestic product in the eurozone’s largest economy declined 0.2 percent last year, according to preliminary figures from federal statistics agency Destatis, coming after a 0.3 percent contraction in 2023.
Germany's economy shrinks for a second year in a row as election looms
Europe's biggest economy shrank for a second year in a row in 2024, according to data released on Wednesday by the Federal Statistics Office. View on euronews

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