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Latest Articles in german economy

Strong Exports, Construction Boost German Economy In Fourth Quarter

A debt-financed fiscal splurge created an overall state budget deficit of 139.6 billion euros or 4.2% of gross domestic product in 2020

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German Economy To Shrink Slightly In Q4 - Economist

"Industry has improved significantly - especially the chemical industry and mechanical engineering,"

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German Exports Inch Up, Giving Economy Hope Of Avoiding Fourth-Quarter Slump

Exports to China rose by 0.3% in October from a year earlier, while those to the United States fell by 10.5% and those to the United Kingdom dropped 11.7%.

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German Economy Grows Record 8.2% In Third Quarter

The jump in output from July to September was the biggest since the office began collecting quarterly growth data in 1970 and was stronger than the 7.3% increase predicted by economists in a Reuters poll.

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German Economy Grew By 6% In Third Quarter But Recovery Likely To Slow

DIW pointed to the threat of further coronavirus-related restrictions and said many companies were still struggling with the consequences of the lockdown imposed in spring and had hardly any financial reserves left.

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German Economy To Rebound In Third Quarter From Double-Digit Dip In Second Quarter - Ifo

The Ifo economic institute, whose business climate index rose for the second consecutive month in June as firms believe the worse of the damage wrought by a lockdown to contain the coronavirus is over

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German Economy To Shrink By 6.5% This Year Due To Coronavirus - Economic Advisers

The council said it expects a slow recovery in the second half of the year, with gross domestic product (GDP) forecast to grow by 4.9% next year.

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German Economy Should Reach Pre-Crisis Level In H2 2022

Chancellor Angela Merkel's ruling coalition on Wednesday agreed a bumper stimulus package amounting to 130 billion euros ($145.56 billion) to speed up Germany's recovery from the coronavirus.

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German Economy To Shrink By At Least 10%

Nearly 50% of German industrial companies are putting investments on hold and are planning to cut their budgets because of the coronavirus pandemic

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German Economy Likely Shrank By Record 9.8% In Second Quarter Due To Coronavirus

The top economic research institutes said that was due to the lockdown measures introduced to help slow the spread of the coroanvirus.

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German Economy 'Flirts With Recession' As Q4 Output Stagnates

Gross domestic product in Germany expanded by 0.4% from October through December after a 0.6% expansion in the previous three months, seasonally adjusted figures from the Federal Statistics Office showed.

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