German economy shrinks by 0.2 percent

Maj. General al-Zubaidi arrives in Moscow, meets with Russian Foreign Minister

The Member of the Presidential Leadership Council (PLC) Maj. General Aidaroos al-Zubaidi arrived today, Tuesday, in Moscow on an official visit during which he holds high-level meetings with a number of the Russian officials.

BTA Presents English edition of Anniversary Book, honours former directors general Panayot Denev, Ivo Indzhev

The Bulgarian News Agency (BTA) presented on Wednesday the English-language edition of 125 Years Bulgarian News Agency. The Real News: Stories On File 1989–2023 at its National Press Club in Sofia.

IsDB celebrates issuance, listing of green Sukuk worth 500 million euros

The Islamic Development Bank (IsDB) will celebrate tomorrow, Tuesday, in the British capital London, the issuance and listing of green sukuk worth 500 million euros by the bank.

Morocco wins Under-20 Youth World Cup title

The Moroccan national team won the FIFA U-20 World Cup title after defeating Argentina 2-0 in the final of the tournament hosted by Chile.

Last Update: ، 2025/10/22 Time 09:00:41
Latest News:

Basrra displays Houthi militias' violations against Yemeni people

Deputy Foreign Minister Meets Japanese Ambassador to Discuss Cooperation

Two Women Injured in Houthi Shelling in Taiz

Joint Security Operation Seizes Large Quantity of Captagon Pills in Lahj

Defense Minister and Taiz Governor Chair High-Level Security Meeting

German economy shrinks by 0.2 percent

[15/01/2025 07:28]

BERLIN-SABA
The German economy contracted by 0.2 percent in 2024 compared to 2023.

The German Federal Statistical Office said in a statement today, Wednesday, that the contraction is occurring for the second year in a row after a contraction of 0.3 percent in 2023, noting that the burdens related to growth and the structural structure of the economy stood in the way of better economic development in 2024.

According to the report, the most prominent burdens are the high competition for German goods in the important markets for these goods, high energy prices, high interest rates and a shortage of skilled labor.