Energy

German court ruling could hit growth next year

17 November 2023, 2:30 pm 1 minute

Reuters exclusively reported that a German court ruling that forced Berlin to freeze 60 billion euros ($65 billion) in planned green investment spending could have a negative impact on growth in Europe’s biggest economy.

Market Impact

The ruling could have a negative impact on economic growth. Last month, the economy ministry predicted 1.3% growth for next year.

Article Tags

Topics of Interest: Energy

Type: Reuters Best

Sectors: Commodities & EnergyLegal Services

Regions: Europe

Countries: Germany

Win Types: Exclusivity

Story Types: Exclusive / Scoop

Media Types: Text

Customer Impact: Important Regional Story

A general view shows the Berlin skyline, Germany, December 26, 2020. REUTERS/Michele Tantussi

Share this article

Work Email Address *

Country *

I'd like to receive communications about Reuters resources, events, products, or services.

(Please note you can manage and update your preferences at any time.) By submitting your details, you are agreeing to receive communications about Reuters resources, events, products, or services. By submitting your details, you are also acknowledging that you have read and understood our: Privacy Statement.

By submitting your details, you are agreeing to receive communications about Reuters resources, events, products, or services. By submitting your details, you are also acknowledging that you have read and understood our: Privacy Statement. * required field

Work Email Address *

Country *

More of Reuters Best

PwC weighs halving of China financial services audit staff

German court ruling could hit growth next year

Market Impact

More of Reuters Best

PwC weighs halving of China financial services audit staff

Traders face $1 bln loss on faltering Ghana cocoa supply

UAW considering next steps on worries Trump could beat Biden

India races to build power plants in region claimed by China