German economy shrank 0.2% in Q4, worse than expectedOfficial figures show that Germanyโs economy shrank by 0.2% in the fourth quarter compared with the previous three-month period.
German economy to shrink in 2023, government advisers expectThe German governmentโs panel of independent economic advisers is forecasting that Europeโs biggest economy will shrink by 0.2% next year after growing by 1.7% in 2022.
Germany sees unexpected growth in 3rd quarter; inflation upThe German economy grew in the third quarter, an unexpectedly positive performance powered largely by private spending.
European drought dries up rivers, kills fish, shrivels cropsAn unprecedented drought is afflicting nearly half of Europe.