Germany’s economy: From miracle to misery?
The German Chamber of Commerce and Industry (DIHK) dropped its forecast for 2024 growth from 0% to -0.2% on Tuesday, adding that it expects the German economy to stagnate next year.
The DIHK survey found that 31% of companies expect their situation to worsen - up from 26% in the previous poll - while one-third of firms plan to lower their investments.
A lack of investment and “too much bureaucracy” were cited for Berlin’s poor performance as it approached a third year without real GDP growth.
Anything else they could be forgetting?
#Germany - Boost
Source: RT News
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