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Germany Faces Economic Stagnation and Political Polarization Ahead of Key Election

Germany's economy contracted for the second consecutive year in 2024, marking its worst performance in two decades.
Gelsenkirchen is facing high unemployment and has seen a rise in support for the far-right Alternative for Germany party, which won 22% of votes in a recent election.
Economists emphasize the need to overhaul Germany's economic model and consider changes to the constitutional debt brake to facilitate necessary investments.
Residents express the need for political and economic change, highlighting significant economic struggles in Gelsenkirchen, including a decrease in population from 390,000 to 260,000.

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Welt

AfD: Economists take party program apart

The plans of the AfD would cause considerable problems for the economy. To this conclusion comes a study of the IW. There are enormous revenue losses for the state, among the households above all good earners profit. And another proposal would cause great damage.

4 days ago·Dortmund, Germany

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Zeit Online

German economy: how the AfD policy affects the economy

In a study, the IW-Institut warns against the economic consequences of the AfD programme. Hundreds of billions of euros of value added and millions of jobs were lost.

4 days ago·Germany

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Semafor

Germany set to row back on green ambitions as climate left out of election

The center-right CDU is expected to emerge triumphant in a campaign that has made little mention of environmental issues.

4 days ago·New York, United States

Scholz leaves Germans with worst economic blues in a generation

Not since Gerhard Schroeder’s narrow defeat in 2005 has the economy featured so prominently in an election.

4 days ago·Japan

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Sueddeutsche Zeitung

Germany maintains itself as the third largest economy despite crisis

Despite recession, Germany maintains its position as the world's third largest economy. The US and China remain at the forefront. Experts see India as a potential challenge.

4 days ago·Munich, Germany

Wind energy just had a record year in Germany — but the federal election could shake things up

2024 was a strong year for wind energy in Germany, but the two parties leading polls ahead of the election later this month have been critical of wind turbines.

4 days ago·United States

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