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German Economy Faces Deep Crisis Amidst Job Cuts and Production Decline
A recent study reveals a pessimistic outlook for the German economy in 2024 and 2025, with 31 of 49 industry associations reporting worsening conditions, job losses anticipated, and major companies expecting revenue and profit declines; the automotive industry's struggles are highlighted as a key fa...
German Economy Faces Deep Crisis Amidst Job Cuts and Production Decline
A recent study reveals a pessimistic outlook for the German economy in 2024 and 2025, with 31 of 49 industry associations reporting worsening conditions, job losses anticipated, and major companies expecting revenue and profit declines; the automotive industry's struggles are highlighted as a key fa...
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