Source link Local businesses expect the EU’s largest economy to shrink by 0.5% this year, according to a DIHK chambers of industry and commerce poll German businesses expect the country’s economy to contract by 0.5% this year, which would mark the second straight year of decline and the worst downturn in twenty years, a poll […]
Source link The reduction caused by the industrial slump is not sustainable, a think tank has warned A slump in industrial production and an economic downturn in Germany, Europe’s biggest economy, have caused carbon emissions to drop to their lowest level in seven decades, a German think tank has reported. Last year, Germany’s greenhouse gas […]
Source link The conflict with Hamas will negatively affect GDP in 2023 and 2024, according to the rating agency Israel’s economy will contract 5% in the fourth quarter of this year amid rising geopolitical and security risks due to the conflict with Palestinian military group Hamas, credit rating agency S&P said in a report this […]