Tuesday

19th Mar 2024

Ticker

German economy hit by global economic turbulence

The German economy cooled significantly in 2018 due to global economic turbulence, the Munich-based Ifo Institute for Economic Research said on Tuesday. Economic output rose by 1.5 percent in price-adjusted terms in 2018, after a rise of 2.2 percent in the boom year of 2017. The reintroduction of tariffs, Brexit negotiations and Italian budget plans "have left deep scars on Germany's key sales markets," senior economist Timo Wollmershaeuser said.

Read and decide

Join EUobserver today

Get the EU news that really matters

Instant access to all articles — and 20 years of archives. 14-day free trial.

... or subscribe as a group

Borrell: 'Israel provoking famine', urges more aid access

70 percent of northern Gaza is facing famine, new data shows. There is one shower per 5,500 people, and 888 people per toilet. 'How can you live in these conditions?" asked Natalie Boucly of UNRWA at the European Humanitarian Forum.

Opinion

Potential legal avenues to prosecute Navalny's killers

The UN could launch an independent international investigation into Navalny's killing, akin to investigation I conducted on Jamal Khashoggi's assassination, or on Navalny's Novichok poisoning, in my role as special rapporteur on extrajudicial executions, writes the secretary-general of Amnesty International.

Join EUobserver

EU news that matters

Join us