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Germany to lower 2024 economic growth forecast, exclusive source says

FILE PHOTO: A double decker bus passes the skyline with its dominating banking district in Frankfurt

Germany is expected to lower its economic growth forecast for 2024, according to an exclusive source. The German government's move comes as the country grapples with a series of challenges that are likely to impact its economic performance in the coming years.

The decision to revise the growth forecast downward is seen as a response to the current global economic climate and various domestic factors. Germany holds a position as one of the largest economies in the world and its performance has significant implications for the broader European economy.

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