Frankfurt, Germany, Jan 15, 2025 (AFP) - German economy shrinks again amid political crisis

NAMPA / AFP

2025-01-15

Germany's economy shrank for a second straight year in 2024, official figures showed Wednesday, with little hope of a speedy recovery as Europe's traditional powerhouse is also mired in political crisis. Gross domestic product in Europe's largest economy fell 0.2 percent last year, according to preliminary figures from federal statistics agency Destatis, after a 0.3 percent contraction in 2023. Germany has faced a perfect storm, with high energy......

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