Germany to unveil sombre 2024 economic forecast amid ‘perfect storm’

Business Daily

BUSINESS DAILY

BUSINESS DAILY © FRANCE 24

German Chancellor Olaf Scholz’s government is publishing its economic report for 2024 this Wednesday in Berlin, and media reports are already saying its previous forecast of 1.3 percent growth will be downgraded to 0.2 percent. In this edition of Business Daily, we look at some of the factors that are slowing down Europe’s largest economy, whether it’s the ongoing impact of Russia’s full-scale invasion of Ukraine, or infighting within the ruling coalition.

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