[ad_1] Germany’s economy stagnated in the second quarter, final official data confirmed Friday, adding to a bleak outlook as the country battles an industrial slowdown and stubborn inflation. Europe’s biggest…
Tag: German GDP
The German GDP is shrinking by 0.6% this year
[ad_1] A new forecast expects the overall German economic output to contract this year, mainly due to a slower-than-expected recovery in the industry and private consumption. ADVERTISEMENT Germany is struggling…
Germany to raise hourly minimum wage to €12 by October
[ad_1] Germany is set to raise the country’s minimum wage to €12 per hour in October, the government announced. Chancellor Olaf Scholz said that the new law will benefit more…