Why Germany’s Economy, Once a Leader in Europe, Is Now in Crisis [New York Times]

“Germany, Europe’s largest economy, has not seen significant growth in the past two years. On Friday, the economy recorded 0.1 percent growth from July to September, but it is forecast to contract over the entire year. And economists do not expect to see a return to growth in 2025, unless a new government can make significant changes quickly.
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High energy prices, a complex bureaucracy, aging public infrastructure and geopolitical developments have hurt Germany’s export industry. Political paralysis under the previous government exacerbated the situation.”

Read the full article on the New York Times website (subscription required): https://www.nytimes.com/2024/11/22/business/germany-economy-budget-elections.html