German economy projected to stagnate with a mere 0.1% growth in 2024, reports reveal.



Germany Economy Expected to Grow Slowly in 2025 after Two Consecutive Years of Contraction

According to the German Economic Institute (IW), the German economy is forecasted to grow by a mere 0.1% next year, recovering from two years of decline. The organization, an economic institute close to employers, reported on Thursday. The German economy is anticipated to contract 0.2% in 2024, behind the forecasted growth rate of 0.8% across the entire Eurozone.

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