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The Independent UK

World

Via AP news wire

Germany's government slashes its economic growth forecast for this year to 0.3%

Germany Economic Growth Economy Europe United States

Germany Economy - (Copyright 2024 The Associated Press. All rights reserved)

The German government on Wednesday slashed its 2025 growth forecast for the country's economy, Europe's biggest, to just 0.3% after it shrank for two consecutive years.

The new projection is much lower than the government's previous forecast of 1.1% growth, issued in October.

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