High energy costs, weak global demand, a disruptive shift towards net-zero economies, and growing competition from China are raising existential questions for Germany s economic model. . -May 16, 2024 at 05:29 am EDT
- MarketScreener
Fears of German 'de-industrialisation' may be overblown yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.
Fears of German 'De-Industrialisation' May Be Overblown usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
Growing global competition and changes to Germany's economy have some business leaders worried that Germany is headed for de-industrialization, but analysts disagree.
Five German economic research institutes have lowered the country s GDP growth forecast for 2024 from 1.3% to 0.1% due to cyclical and structural weaknesses in the economy, according to a joint statement released on Wednesday.