Sep 30th, 2024
Germany Gives Up Hopes of Economic Growth in 2024
Germany’s government is poised to cut its prediction for the economy and now expects no expansion at all this year, according to people familiar with the matter. Officials in Berlin are set to cut their forecast for growth in 2024 to — at best — stagnation, down from 0.3% previously projected. Jamie Rush from Bloomberg Economics discusses this and what this could mean in the broader European context.
