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German govt sees economy shrinking again in 2024
German govt sees economy shrinking again in 2024
Economy
by  AFP

The German government slashed its 2024 forecast Wednesday for Europe's largest economy, saying it will contract for a second straight year before a recovery gets under way in 2025. The economy is expected to grow by 1.1 percent in 2025, according to the latest forecasts, up from a previous estimate of one percent.