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German Business Outlook Stays Subdued After Government Falls.
- Source :
- Bloomberg.com; 11/25/2024, pN.PAG-N.PAG, 1p
- Publication Year :
- 2024
-
Abstract
- The German business outlook remains subdued following the collapse of the government and concerns over trade tariffs after Donald Trump's re-election. The Ifo institute's expectations gauge and current conditions measure both fell, leading to an overall index decline. The economy is facing challenges from political turmoil, struggling industries, and potential impacts from Trump's policies, with a prediction of possible contraction in 2025. There are calls for policy changes, including loosening borrowing limits and addressing workforce shortages, to stimulate growth. [Extracted from the article]
Details
- Language :
- English
- Database :
- Complementary Index
- Journal :
- Bloomberg.com
- Publication Type :
- Periodical
- Accession number :
- 181094198