oecd
The Organization for Economic Cooperation and Development (OECD) has yet again revised its forecast for economic growth in Germany downwards and now sees only miniscule growth of 0.2% for this year. The group, which published its economic outlook in Paris on Thursday, had already lowered its growth forecast for Germany in an interim report in February to 0.3% from a forecast of 0.6% in November. For 2025, the OECD expects the German economy to gain momentum and grow by 1.1%. The organization cited the country's constitutional court's decision against allowing the reallocation of €60 billion ($...
DPA
The Organization for Economic Cooperation and Development (OECD) has yet again revised its forecast for economic growth in Germany downwards and now sees only miniscule growth of 0.2% for this year. The group, which published its economic outlook in Paris on Thursday, had already lowered its growth forecast for Germany in an interim report in February to 0.3% from a forecast of 0.6% in November. For 2025, the OECD expects the German economy to gain momentum and grow by 1.1%. The organization cited the country's constitutional court's decision against allowing the reallocation of €60 billion ($...
DPA
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