The German economy, lagging behind the countries of the euro zone, is running out of steam. After a 0.3% drop in German gross domestic product (GDP) in 2O23, Berlin is counting on growth of 0.2% in 2024.
Cost reduction plans are continuing among the flagships of the German economy. In 2023, the sales volume of large household appliances fell by 10% in Germany. During a debate in Leipzig, Economics Minister Robert Habeck recently…