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German newspaper Sueddeutsche Zeitung reported over the weekend on a dour forecast from German’s economy ministry, planning a downgrade to its 2024 economic growth forecast.
The new forecast will be for negative 0.2% growth, i.e. a shrinking economy, for 2024
For 2025, the forecast will be:
The higher forecasts for 2025 and 2026 are based on implementation of government measures to stimulate growth.
This article was written by Eamonn Sheridan at www.forexlive.com.
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