Germany’s Lost Year Is Over But 2024 May Not Be Much Better
2 min read
Even if Germany’s economy finally begins expanding again in 2024, it’ll struggle to shake off the funk behind one of its weakest annual performances in a generation.
Author of the article:
Published Jan 06, 2024 • 4 minute read
Article content
(Bloomberg) — Even if Germany’s economy finally begins expanding again in 2024, it’ll struggle to shake off the funk behind one of its weakest annual performances in a generation.
Beset by energy woes and creaking infrastructure, hit by a downturn in global demand, and lagging in the race for electric-vehicle dominance, the country was probably in recession as it ended 2023 with a shock court decision that undermined Berlin’s whole strategy for budget financing.
Advertisement 2
Bloomberg News
2024-01-06 01:48:09
All news and articles are copyrighted to the respective authors and/or News Broadcasters. VIXC.Com is an independent Online News Aggregator
Read more from original source here…
