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German economy contracts for 2nd consecutive year in 2024

German economy, Europe’s largest, shrinks for second straight year

Germany’s economy, the largest in Europe, contracted for the second year in a row in 2024, official data showed Wednesday, underscoring the challenges facing the region as it tries to get economic growth back on track.

Sky News on MSN · 8h

Germany: Europe's largest economy is facing a third consecutive year of recession

Sky's Ian King says figures have confirmed the country's longest spell of economic stagnation since World War Two is not over yet, with a myriad of challenges facing whoever wins next month's election.

Hosted on MSN · 16h

German economy contracts for second consecutive year in 2024

Germany's economy contracted for the second consecutive year in 2024, highlighting the depth of the downturn gripping Europe's biggest economy. Germany's economy shrank by 0.2% over the full year - in line with economists' forecasts - and by 0.

Eu, Quantum technology

The Express Tribune · 8d

Europe's tech stagnation: economic crisis in the making?

This economic downturn has fueled political instability in several European countries, with the rise of populist far-right leaders. Europe's decline in the global economic race is partly a result of outdated economic policies.

Reuters · 17h

EU seeks tech investment review to guard economic security

The European Commission requested the 27 EU members on Wednesday to conduct a 15-month risk assessment of outbound investments in semiconductor, artificial intelligence and quantum technologies, which could lead to measures to protect EU economic security.

Barron's · 17h

EU States To Review Critical Foreign Tech Investments

The EU urged member states on Wednesday to scrutinise the potential risks of European companies' investments abroad amid fears of technology leaks in strategic industries.

European markets retreat from gains on the back of U.S. inflation data and head for mixed open

Europe markets are expected to open in mixed territory, retreating from gains in the previous trading session after a ...

20h

Europe’s US gas pivot is a work in progress

Donald Trump wants to sell Europe more gas. That sounds doable: the European Union needs more of it. And the trade might ...

Foreign Affairs1d

The Biggest Threat to Europe

There is an ongoing debate in Europe about how best to handle the incoming Trump administration. Some argue that Trump should ...

12h

German Economy Braces For Trump's Return

Germany hopes its economy, after shrinking for two years, can turn the corner in 2025, but Donald Trump's return to the White House threatens new headaches for Europe's largest economy.

Europe Accuses China of Unfairly Blocking EU Companies

The bloc alleges discrimination in the Chinese procurement market, raising the possibility of retaliation.

2don MSN

European defense heavyweights say meeting Trump's military spending target won't be easy

The defense ministers of Europe’s five top military spenders say they intend to continue increasing their investments in ...

5don MSN

Factbox-European companies cut jobs as economy sputters

(Reuters) -Difficult economic conditions and persistently weak demand for many products have forced companies across Europe ...

Reversal of fortunes: Europe’s thriving south and stagnant north

With Germany’s economy stalling, tentative growth in Portugal, Italy, Greece and Spain is some good news for the Eurozone.

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