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Germany will raise defence spending to 3.5% of economic output by 2029 funded through a nearly 400 billion euro borrowing ...
Output in Germany fell slightly in the third quarter, official data showed Monday, increasing the risk of a recession in Europe’s biggest economy. Gross domestic product dropped 0.1% in the July ...
BERLIN (Reuters) - Finance Minister Wolfgang Schaeuble said on Tuesday that Germany, Europe's largest economy, would get its debt levels back below 60 percent of its gross domestic product (GDP ...
Finance Minister Lars Klingbeil said Germany's defense spending will hit 2.4% of GDP this year, and “we will raise defense spending step by step so that we will reach a NATO quota of 3.5% in ...
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 suffered the steepest decline in business activity for more than three years this month, according to survey data published Wednesday, stoking fears that Europe’s biggest economy is ...
Germany's economy contracted for the second consecutive year in 2024, continuing its struggle with a series of internal and external challenges.