Germany
Leading German economic agencies have revised the country’s forecast for 2024, predicting a decrease of 0.1 percent in gross domestic product. What is happening to Europe’s largest economy? Looking at Germany’s situation, one cannot help but wonder. Even the most outlandish fiction would struggle to match this level of absurdity. This comment will not delve into […]
The eurozone’s two largest countries, France and Germany, could drag the continent into a crisis. The year 2023 was bad for eurozone economies already, with sluggish overall growth a meager 0.6 percent. While short-term factors such as inflation and the necessarily tighter monetary policy can explain the latest developments, longer-term forces, especially in Germany and […]