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European Investors Look Ahead to Inflation Data, Alstom Launches Rights Issue

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German government nudges up 2024 GDP forecast to 0.3%, source says

The German government will raise its economic growth forecast for this year to 0.3%, from 0.2% previously, and lower its forecast for inflation by 0.4 percentage points, a source told Reuters on. -April 19, 2024 at 09:24 am EDT - MarketScreener

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German Automakers Still Battling Materials Shortages, Ifo Says

German Automakers Still Battling Materials Shortages, Ifo Says
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German automakers struggle against continued materials shortages

German automakers struggle against continued materials shortages
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German Business Confidence Plummets as Recession, Deindustrialization Pummels Economy

The Central European industrial giant and EU economic powerhouse has fallen on hard times over the past year-and-a-half amid the ongoing crisis in economic ties with Russia. Along with inflation and recession, Berlin is facing the stark prospect of widespread deindustrialization as doing business in Germany becomes unprofitable.

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