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Thousands of companies, concerned that Germany is facing a recession, are calling for an end to political infighting that has blocked a possible stimulus plan. ....
Germany’s central bank in its monthly report, stated that after a 0.3 per cent contraction in the final quarter of 2023, output is “likely to decline slightly” from January to March. This would mark the second consecutive decline in economic output, Economy News, Times Now ....
The German economy likely entered a recession in the first quarter, Bundesbank said in its monthly report on Monday. After a 0.3 percent economic contraction in the fourth quarter, real gross domestic product could decline slightly again in the first quarter, the bank observed. ....