Germany’s finance minister has vowed to lift the country’s defense spending to 3.5% of gross domestic product in 2029.

Germany will raise defence spending to 3.5% of economic output by 2029 funded through a nearly 400 billion euro borrowing ...

Germany's economy contracted for the second consecutive year in 2024, continuing its struggle with a series of internal and external challenges.

Germany is in the middle of its worst economic slowdown in years. Official figures show two years of consecutive GDP contraction, and 2025 is unlikely to bring any relief, projected at near-zero ...

Germany is to present a revised economic forecast for 2025 on Wednesday, with gross domestic product (GDP) expected to grow by a meagre 0.3%. Economy Minister Robert Habeck is due to announce the ...

A DHL logistics center is now located on the ten years ago closed former Opel car factory site, as a symbol of Germany's economic structural change from industry to services in Bochum, Germany ...

Germany's gross domestic product (GDP) is expected to decline by 0.2% in 2024, according to a revised government forecast on Wednesday, meaning Europe's biggest economy is on course for recession.

Germany has struggled to generate significant growth for years and the economy shrank in each of the last two years. In last year's fourth quarter, it contracted by 0.2%.

Manufacturing is falling as a driver of Germany’s economy. While German factories used to be the envy of Europe, they aren’t anymore. They’re not even above-average, in terms of output.

Germany Sees Economy Contracting for Second Consecutive Year Government revises down output projection for 2024 to -0.2% Economy Minister Habeck sees recovery taking hold next year ...

Germany’s economy: down but not quite out on whatsapp (opens in a new window) Save Moritz Kraemer. Published August 20 2024. Jump to comments section Print this page.

Germany is planning to lift core defense spending to 3.5% of gross domestic product over the next five years as part of a ...