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Money

April 16, 2025 05:56 GMT

German economy improves, Ukraine might be a drawback

According to the economy ministry, Germany is expected to experience an economical growth of 1.8 percent in 2014 and 2.0 percent in 2015.


The forecast is optimistic as opposed to last years’ increase of just 0.4 percent due to weak exports and poor investments.


Still, clouds can be seen on the economical horizon as any escalation of the conflict in Ukraine might seriously affect Germany’s financial situation.


Economic instabilities might be reduced through higher domestic demands and exports.


An efficient strategy now is to encourage German workers, a nation known to care about their savings, to start spending more money as long as the labor market stays strong and salaries high.