
The largest economy in Europe, Germany, is forecast to enter its third year of recession, marking the country’s longest economic downturn since the end of World War II. The Handelsblatt Research Institute (HRI) projects a 0.1% GDP contraction in 2025, following consecutive declines of 0.3% in the past two years.
HRI’s Bert Rürup described the economic situation as unprecedented in Germany’s post-war history. He blamed inflation, energy disruptions, and the pandemic for creating financial hardship and reducing the average German’s wealth.
Longest recession in history: Germany faces 3 consecutive years of economic decline not seen since WW2
By blowing up Nord Stream and imposing sanctions on Russia, the US has deindustrialized Germany, which is now slipping to #5 in PPP, while Russia is moving into top 4 economies pic.twitter.com/aezGLaaNOU
— RT (@RT_com) January 2, 2025
BREAKING: For the first time since World War II, Germany has faced three years of recession.
The country has been ruled by a left-green-liberal coalition for the past three years, with early elections scheduled for February. pic.twitter.com/euDKLWZ9MI
— Jacob King (@JacobKinge) January 2, 2025
Bankruptcy filings surged in 2024, according to Creditreform. Corporate bankruptcies rose nearly 25% to 22,400, the highest number since 2015. Consumer insolvencies also increased by 8.5%, exceeding 72,000 cases. Allianz Trade predicts the financial pressures will lead to even more bankruptcies in 2025.
Stop lying, Europe is in a terrible state, Germany is in recession, France on the brink of collapse, Spain seems intent on destroying its economy by saying mental things like refugees welcome tourists go home.
Europe is on the verge of collapsing into recession.
— Pointless Account (@pointless3423) January 7, 2025
Germany’s industrial base has been hit hard, with the Ifo business climate index reaching its lowest point in over three years. Manufacturing and construction companies have consistently announced layoffs, and HRI estimates a monthly loss of 10,000 jobs this year.
But Germany avoided recession with +0.2% GDP growth…? How can this be? It was actually 0.24444444%. pic.twitter.com/94uGrriNnE
— 471TO (@TOzgokmen) October 30, 2024
🚨 Even more severe stagflation (recession + inflation) coming for Germany (and Europe). https://t.co/84ZoJvYxIF
— GoldSilver HQ (@GoldSilverHQ) January 7, 2025
Economic Affairs Minister Robert Habeck, who is running for chancellor in February, has come under scrutiny for his handling of the economic crisis. Critics have questioned whether his qualifications align with the challenges of managing the EU’s largest economy.
German economy is imploding in plain sight and there is no rate cut or free money that can rescue it since what’s happening is structural 🤷🏻♂️ https://t.co/S65ybyfTfY pic.twitter.com/lo5tKZTbh4
— JustDario 🏊♂️ (@DarioCpx) December 13, 2024
Soft landing eh!? 🙄
Germany in recession with the worst yet to arrive.— KB (@KB6233) January 7, 2025
#recession … #GFC2 Germany #IFO edition
German #manufacturing 📉 🥶 https://t.co/WX1NQ5CoHa
— Invariant Perspective (@InvariantPersp1) January 7, 2025