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German Economy Minister Robert Habeck is set to present the government’s new economic forecast in Berlin on Wednesday, with figures expected to have been revised downwards to show gross domestic product (GDP) is expected to decline in 2024. Habeck said in Berlin on Monday that economic data was being adjusted “downwards,” appearing to confirm a report by the Süddeutsche Zeitung newspaper that GDP is now expected to drop 0.2% for the year, down from previous estimates of a 0.3% increase. For 2025, Habeck expects GDP to increase by 1.1%, slightly more than the government’s prediction of 1% for 2…

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