Germany faces a 0.2% GDP drop in 2024, marking its second contraction year, as structural challenges and trade risks weigh on recovery, Bundesbank and ECB warn.
The IMF forecasts Austria’s economy to rebound with a projected 1.1% growth in 2025 following a contraction of 0.6% this year, aligning with Austrian economic institutions’ cautious optimism.
Stock markets rebound as Dow and S&P 500 climb, driven by robust retail sales and promising labor data, signaling a decrease in recession fears and restoring investor confidence.
