2024-10-09 09:00:10
Economy
Business
Germany's Economic Resilience Amid Recessionary Fears
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n-tv.de
Despite Recession: Exports Surprisingly Increase - Production Ramps Up - n-tv.de
Economy
Finance
German exports surprisingly rose by 1.3% to 131.9 billion euros in August; the foreign trade balance closed with a surplus of 22.5 billion euros; exports to the European Union amounted to 72.7 billion euros, to third countries 59.2 billion euros; exports to the USA increased by 5.5%; production in industry, construction and energy suppliers surprisingly rose by 2.9%; the federal government is revising its economic forecast for 2024 downwards, the gross domestic product will not increase by 0.3%..
Deutsche Welle
Does Recession Lead to Sellout?
Economy
Finance
Politics
The German economy simply cannot get back on its feet - it is not growing anymore this year either. And the location Germany is becoming less attractive. Some German companies are already considered takeover candidates. The situation is bad, the prospects are gloomy. The Süddeutsche Zeitung reported last weekend that the Federal Ministry of Economics expects another recession year for Germany. The economy will shrink by 0.2 percent in 2024, previously Berlin had expected a slight growth of 0.3..
gmx
German Exports Increase in August, Imports Decline
Economy
Politics
German exports in August increased by 1.3% to 131.9 billion euros, while imports decreased by 3.4% to 109.4 billion euros. The trade surplus was 22.5 billion euros. Exports to the USA and China increased slightly. The trade surplus in July was 16.8 billion euros, the lowest since May 2023. Exports increased slightly by 0.1% compared to the previous year. Imports from China were 13.2 billion euros, 1.4% less than in July. Imports decreased by 3.1% compared to the previous year.
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