German economy News

Bold Reforms Essential for Reviving German Economic Growth, Says Bundesbank President

Deutsche Bundesbank President Joachim Nagel calls for structural reforms to revive the German economy, highlighting a period of weakness and the need for confidence-building econom...

German Economic Sentiment Shows Promising Improvement in December, ZEW Reports

The ZEW reports an 8.3-point increase in Germany's economic sentiment indicator for December, reaching 15.7, while the current situation indicator declined to -93.1 points.

German Economy Faces Challenges: Bundesbank Forecasts 0.2% Contraction in 2024

The Deutsche Bundesbank forecasts a 0.2% contraction in the German economy for 2024, citing persistent economic headwinds and structural problems. The central bank also revised gro...