Germany is in deep economic crisis, says industrial lobby

Germany is in a deep economic crisis, Germany’s BDI industry association said on Tuesday, forecasting a 0.1 per cent contraction in gross domestic product in 2025.

A decline in 2025 would mark the first time since Germany reunified that the country has been in contraction for three years in a row.

While Europe’s biggest economy contracts, the euro zone will grow by 1.1 per cent and the global economy by