Germany remains the problem child” when it comes to economic growth - experts only expect a growth rate of 0.6 percent for 2024.
According to a report by www.welt.de, Germany will remain the “problem child” in terms of economic growth in 2024. According to a survey by the Ifo Institute and the Institute for Swiss Economic Policy, experts only expect a growth rate of 0.6 percent for Germany, while a growth rate of 2.6 percent is predicted worldwide. These low growth forecasts for Germany could impact various areas. On the one hand, this could have an impact on the labor market, as fewer new jobs could be created with lower economic growth. Companies could also invest less, which would have a negative impact on productivity and ultimately on the competitiveness of the German economy...

Germany remains the problem child” when it comes to economic growth - experts only expect a growth rate of 0.6 percent for 2024.
According to a report by www.welt.de, Germany will remain the “problem child” in terms of economic growth in 2024. According to a survey by the Ifo Institute and the Institute for Swiss Economic Policy, experts only expect a growth rate of 0.6 percent for Germany, while a growth rate of 2.6 percent is predicted worldwide.
These low growth forecasts for Germany could impact various areas. On the one hand, this could have an impact on the labor market, as fewer new jobs could be created with lower economic growth. Companies could also invest less, which could have a negative impact on productivity and ultimately the competitiveness of the German economy.
In addition, investors and investors could become more cautious about German companies and the stock market due to the low growth forecasts. This could lead to a lower attractiveness of German stocks, which in turn could affect stock prices and the general mood on the financial market.
It is important to consider these factors in terms of long-term effects. Although an increase in growth rates is expected in the medium term, the forecasts for Germany are still at a comparatively low level. This could indicate that Germany continues to face challenges that need to be overcome in order to strengthen economic growth in the long term.
Read the source article at www.welt.de