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Germany slashes growth outlook in ‘serious’ diagnosis of Europe’s largest economy

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Germany slashes growth outlook in 'serious' diagnosis of Europe's largest economy

Economy and Climate Action Minister and Greens Party chancellor candidate Robert Habeck arrives for the weekly federal government cabinet meeting on January 29, 2025 in Berlin, Germany.

Sean Gallup | Getty Images News | Getty Images

The German government on Wednesday slashed its gross domestic product forecast to just 0.3% growth in 2025.

“The diagnosis is serious,” Robert Habeck, economy and climate minister, said during a press conference,…

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