The move risks worsening Germany's already strained relations with the world’s second-largest economy.
CNN’s Post
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Other eurozone economies have weakened, too, but none to the degree that Germany has, according to Brandywine Global. Three possible causes of Germany’s recent slowdown are discussed in this article: https://lnkd.in/dXf7qcHh.
German growth engine could be running out of gas
franklintempletoninsights.com
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Is #Germany awakening from its slumber? That's the question many are asking after watching Europe's top #economy hover on the edge of a recession for the last two years. The good news is that the answer appears to be `yes;' the less good news is that growth won't snap back to the export-driven boom years any time soon. Focusing on the positive, though, business and consumer sentiment are both on the rise and - somewhat improbably - a recession looks set to have been averted yet again over the winter, as Alexander Weber reports. https://lnkd.in/eT4HbA7t The German government has even upgraded its forecast for 2024 GDP (albeit only a touch - to 0.3% from 0.2%). That's hardly a rousing revival - due mainly to enduring industrial weakness that will take much longer to heal. Manufacturers are still adapting to the cutoff of cheap Russian energy, the auto sector is in flux (or just decline) and trade fragmentation is complicating foreign sales. The upshot is an underwhelming recovery, but a recovery all the same. Due to its size, even a mild improvement can haul the euro zone up along with it - that's certainly what PMIs indicated this week. Another shot in the arm is coming when the European Central Bank starts cutting interest rates in June. But how much rosier Germany's prospects can get will hinge to a large extent on domestic reforms. Some are underway on taxes and red tape. How ambitious the overall initiative turns out to be is the real question.
Germany’s Economy Shows Signs of Life But Industry Is Struggling
bloomberg.com
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Title: Economic Recovery in Germany Hit by Unexpected Setback Hey everyone, just read the latest update on The Telegraph about the surprising blow to Germany's economic recovery. It's quite the eye-opener. The article provides some valuable insights into the current state of affairs and the potential implications. Definitely worth a read to stay informed about the economic landscape. #Germany #EconomicRecovery #TheTelegraph https://ift.tt/98nIwtR
Title: Economic Recovery in Germany Hit by Unexpected Setback Hey everyone, just read the latest update on The Telegraph about the surprising blow to Germany's economic recovery. It's quite the eye-opener. The article provides some valuable insights into the current state of affairs and the potential implications. Definitely worth a read to stay informed about the economic landscape. #Germa...
telegraph.co.uk
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On the side of restrained global growth, we can also add Xi’s lack of enthusiasm about stimulating the Chinese economy, and continuing interest in industrial policy. https://lnkd.in/gVT4R9Dj
Xi Jinping to resist market pressure to step up China stimulus efforts
ft.com
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Senior Vice-President & Head of Energy and Climate at FleishmanHillard EU | MBA, Strategic Public Affairs & Communications
We talk about #industrialisation in #Europe and the challenges we have in key countries BUT let me say this story began some time ago. We are just witnessing the impacts of de-industrialisation... impprtant to reverse this... asap...
Germany appears to be experiencing a fundamental reversal in economic fortunes. It threatens to send tremors across Europe.
Europe’s economic engine is stalling: Germany deindustrializes
politico.eu
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interesting perspective on how German economy is going through some tough changes
Germany's Unexpected Economic Crisis
https://www.youtube.com/
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Germany's Economic Crisis Explained Despite being the fourth largest economy in the world, Germany's outlook is deteriorating as they fallen into recession in May. So in this video, we'll examine the German economy, why it's currently stagnating and whether it will recover any time soon.
Germany's Economic Crisis Explained
https://www.youtube.com/
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Germany's Economic Crisis Explained Despite being the fourth largest economy in the world, Germany's outlook is deteriorating as they fallen into recession in May. So in this video, we'll examine the German economy, why it's currently stagnating and whether it will recover any time soon.
Germany's Economic Crisis Explained
https://www.youtube.com/
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Director at Strategy& and Co-author of the study „How Switzerland can embrace the GenAI opportunity“
Will there be another #goldendecade for the German economy - or will the country remain the chronically #sickmanofEurope? In their latests study #inDEcline, my colleagues Michael Weiss, Bernd Jung, Dr. Hans-Jörg Kutschera and Sebastian Stahl investigate the reasons behind today's weak vitality of the German industrial sector and provide guidance for industry leaders to regain strength and prevail in global competition. Complementing the work of our colleagues, Dr. Philipp Wackerbeck, Lukas Lehmann and I recently looked at the levers German companies, the government and other key decision makers can pull to strenghten Germany's location attractiveness and effectively transform the country's economy towards a future-proof "Business Model Germany 2.0" Read both studies and find out what Germany can do to master the current challenges and embark on another #goldendecade: inDEcline: https://lnkd.in/ei9zP8bp Business Model Germany 2.0: https://lnkd.in/eYUjZH_D Strategy& PwC Deutschland
Business Model Germany 2.0
strategyand.pwc.com
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I am looking forward to presenting the German economic outlook to our clients and partners today in Düsseldorf, setting the context for our Consumer Trends Summit. In 2024, the German economy is expected to see a marginal rebound, while still facing multiple macroeconomic headwinds. Yet slowing inflation, a resilient labour market and an expected rate shift could lift consumer spending and corporate investment sentiment, providing an opportunity for companies to boost margins and growth. #germany #economicoutlook #inflation #consumerspending
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