German economy to shrink again in 2024: think-tanks

(ANSA-AFP) - BERLIN, SEP 26 - Germany's economy is expected to shrink slightly in 2024, leading economic institutes said on Thursday, as the traditional manufacturing powerhouse continues to stagnate. Output in Europe's largest economy will decline by 0. 1 percent this year, five think tanks said in a joint statement, after it shrank by 0.3 percent in 2023. (ANSA-AFP).