READ ALSO: German economy shrinks again as political crisis weighs Another supplier, Kostal, which makes electronic components, has already relocated hundreds of jobs to eastern Europe ...

Germany's economy contracted for the second consecutive year in 2024, continuing its struggle with a series of internal and external challenges. Official data released on Wednesday revealed a 0.2 ...

Germany, often hailed as Europe's economic powerhouse, is grappling with a significant downturn in its manufacturing sector.

Some have voiced similar concerns about the wider German economy, rattling off long lists of both cyclical and structural problems. German industry has been battered by high energy prices sparked ...

Frankfurt (Germany) (AFP) – Germany's economy shrank for a second straight year in 2024, official figures showed Wednesday, with little hope of a speedy recovery as Europe's traditional ...

BERLIN (AP) — Germany's economy shrank for the second straight year in 2024 as worried consumers held back on spending and Chinese competition ate into the country's traditional exports of cars ...

Germany's economy contracted by 0.2% last year after shrinking by 0.3% in 2023, latest data showed. "According to first calculations of the Federal Statistical Office (Destatis), the price ...

Germany’s struggling economy poses a big challenge for the next government in Berlin. - MICHELE TANTUSSI/REUTERS Germany’s economy contracted for a second year in a row in 2024, underlining ...