• Home
  • About Us
  • Terms and Conditions
  • Privacy Policy
  • Disclaimer
  • Contact
9 May Friday, 2025
  • tr Türkçe
  • en English
TurkishNY Radio
No Result
View All Result
  • Home
  • Cryptocurrency
  • Business
  • Economy
  • Home
  • Cryptocurrency
  • Business
  • Economy
No Result
View All Result
  • tr Türkçe
  • en English
TurkishNY Radio
No Result
View All Result
Bitcoin Bitcoin (BTC) $103,031.51 ↑ 3.53%
Ethereum Ethereum (ETH) $2,341.29 ↑ 20.15%
Tether USDt Tether USDt (USDT) $1.00 ↓ -0.03%
XRP XRP (XRP) $2.40 ↑ 8.59%
Solana Solana (SOL) $172.51 ↑ 12.07%
BNB BNB (BNB) $638.17 ↑ 4.04%
USDC USDC (USDC) $1.00 ↑ 0.01%
Dogecoin Dogecoin (DOGE) $0.21 ↑ 13.18%
Cardano Cardano (ADA) $0.80 ↑ 10.71%
TRON TRON (TRX) $0.26 ↑ 5.28%
Sui Sui (SUI) $4.01 ↑ 7.07%
Chainlink Chainlink (LINK) $16.23 ↑ 9.39%
Avalanche Avalanche (AVAX) $23.53 ↑ 12.32%
Stellar Stellar (XLM) $0.30 ↑ 10.40%
Shiba Inu Shiba Inu (SHIB) $0.00 ↑ 14.60%
Hedera Hedera (HBAR) $0.20 ↑ 8.86%
Hyperliquid Hyperliquid (HYPE) $25.33 ↑ 17.21%
Toncoin Toncoin (TON) $3.29 ↑ 5.28%
Bitcoin Cash Bitcoin Cash (BCH) $413.99 ↓ -0.20%
UNUS SED LEO UNUS SED LEO (LEO) $8.75 ↓ -0.57%
Litecoin Litecoin (LTC) $98.93 ↑ 7.33%
Polkadot Polkadot (DOT) $4.69 ↑ 10.29%
Monero Monero (XMR) $304.61 ↑ 2.71%
Pepe Pepe (PEPE) $0.00 ↑ 38.44%
Dai Dai (DAI) $1.00 ↓ -0.02%
Bitget Token Bitget Token (BGB) $4.50 ↑ 3.44%
Pi Pi (PI) $0.74 ↑ 19.24%
Ethena USDe Ethena USDe (USDe) $1.00 ↓ -0.02%
Uniswap Uniswap (UNI) $6.35 ↑ 21.60%
Bittensor Bittensor (TAO) $430.00 ↑ 7.32%
Aptos Aptos (APT) $5.69 ↑ 11.44%
NEAR Protocol NEAR Protocol (NEAR) $2.91 ↑ 17.15%
Ondo Ondo (ONDO) $1.04 ↑ 12.10%
OKB OKB (OKB) $54.23 ↑ 4.92%
Aave Aave (AAVE) $209.42 ↑ 11.44%
Ethereum Classic Ethereum Classic (ETC) $19.26 ↑ 11.50%
OFFICIAL TRUMP OFFICIAL TRUMP (TRUMP) $14.25 ↑ 17.31%
Internet Computer Internet Computer (ICP) $5.30 ↑ 9.19%
Kaspa Kaspa (KAS) $0.10 ↑ 7.94%
GateToken GateToken (GT) $22.09 ↑ 3.21%
Cronos Cronos (CRO) $0.10 ↑ 5.90%
POL (prev. MATIC) POL (prev. MATIC) (POL) $0.26 ↑ 11.84%
Mantle Mantle (MNT) $0.77 ↑ 5.33%
Render Render (RENDER) $4.97 ↑ 9.70%
VeChain VeChain (VET) $0.03 ↑ 11.00%
Ethena Ethena (ENA) $0.38 ↑ 21.76%
World Liberty Financial USD World Liberty Financial USD (USD1) $1.00 ↑ 0.08%
Artificial Superintelligence Alliance Artificial Superintelligence Alliance (FET) $0.86 ↑ 17.22%
Algorand Algorand (ALGO) $0.24 ↑ 11.99%
Filecoin Filecoin (FIL) $3.02 ↑ 9.73%
Cosmos Cosmos (ATOM) $4.88 ↑ 11.69%
Celestia Celestia (TIA) $2.87 ↑ 8.69%
Arbitrum Arbitrum (ARB) $0.38 ↑ 14.25%
Bonk Bonk (BONK) $0.00 ↑ 19.32%
Sonic (prev. FTM) Sonic (prev. FTM) (S) $0.59 ↑ 8.47%
Worldcoin Worldcoin (WLD) $1.15 ↑ 14.35%
Jupiter Jupiter (JUP) $0.53 ↑ 15.46%
First Digital USD First Digital USD (FDUSD) $1.00 ↓ -0.10%
Stacks Stacks (STX) $0.97 ↑ 4.85%
Maker Maker (MKR) $1,738.81 ↑ 7.47%
KuCoin Token KuCoin Token (KCS) $11.17 ↑ 2.90%
Fartcoin Fartcoin (FARTCOIN) $1.36 ↑ 23.79%
EOS EOS (EOS) $0.85 ↑ 0.79%
Virtuals Protocol Virtuals Protocol (VIRTUAL) $2.01 ↑ 24.74%
Flare Flare (FLR) $0.02 ↑ 2.22%
Story Story (IP) $4.64 ↑ 15.24%
DeXe DeXe (DEXE) $14.73 ↑ 0.51%
Optimism Optimism (OP) $0.75 ↑ 18.39%
Sei Sei (SEI) $0.24 ↑ 11.64%
Immutable Immutable (IMX) $0.66 ↑ 12.07%
XDC Network XDC Network (XDC) $0.08 ↑ 3.27%
Injective Injective (INJ) $11.83 ↑ 12.65%
Quant Quant (QNT) $95.65 ↑ 1.67%
The Graph The Graph (GRT) $0.11 ↑ 12.60%
Curve DAO Token Curve DAO Token (CRV) $0.78 ↑ 6.38%
FLOKI FLOKI (FLOKI) $0.00 ↑ 19.46%
Pudgy Penguins Pudgy Penguins (PENGU) $0.02 ↑ 8.16%
Four Four (FORM) $2.42 ↓ -3.69%
JasmyCoin JasmyCoin (JASMY) $0.02 ↑ 11.52%
Lido DAO Lido DAO (LDO) $1.02 ↑ 18.41%
IOTA IOTA (IOTA) $0.24 ↑ 9.19%
Theta Network Theta Network (THETA) $0.88 ↑ 12.09%
PayPal USD PayPal USD (PYUSD) $1.00 ↑ 0.02%
Raydium Raydium (RAY) $2.94 ↑ 9.42%
Gala Gala (GALA) $0.02 ↑ 17.84%
Core Core (CORE) $0.84 ↑ 14.86%
The Sandbox The Sandbox (SAND) $0.33 ↑ 13.36%
Ethereum Name Service Ethereum Name Service (ENS) $22.94 ↑ 15.31%
Nexo Nexo (NEXO) $1.29 ↑ 1.63%
Walrus Walrus (WAL) $0.63 ↑ 2.78%
Tether Gold Tether Gold (XAUt) $3,334.54 ↓ -0.31%
Bitcoin SV Bitcoin SV (BSV) $41.11 ↑ 6.02%
Brett (Based) Brett (Based) (BRETT) $0.08 ↑ 30.56%
PAX Gold PAX Gold (PAXG) $3,336.41 ↓ -0.42%
BitTorrent [New] BitTorrent [New] (BTT) $0.00 ↑ 8.15%
Helium Helium (HNT) $4.13 ↑ 7.25%
dogwifhat dogwifhat (WIF) $0.75 ↑ 17.76%
PancakeSwap PancakeSwap (CAKE) $2.30 ↑ 7.56%
Kaia Kaia (KAIA) $0.12 ↑ 4.73%
Flow Flow (FLOW) $0.43 ↑ 10.93%
Bitcoin Bitcoin (BTC) $103,031.51 ↑ 3.53%
Ethereum Ethereum (ETH) $2,341.29 ↑ 20.15%
Tether USDt Tether USDt (USDT) $1.00 ↓ -0.03%
XRP XRP (XRP) $2.40 ↑ 8.59%
Solana Solana (SOL) $172.51 ↑ 12.07%
BNB BNB (BNB) $638.17 ↑ 4.04%
USDC USDC (USDC) $1.00 ↑ 0.01%
Dogecoin Dogecoin (DOGE) $0.21 ↑ 13.18%
Cardano Cardano (ADA) $0.80 ↑ 10.71%
TRON TRON (TRX) $0.26 ↑ 5.28%
Sui Sui (SUI) $4.01 ↑ 7.07%
Chainlink Chainlink (LINK) $16.23 ↑ 9.39%
Avalanche Avalanche (AVAX) $23.53 ↑ 12.32%
Stellar Stellar (XLM) $0.30 ↑ 10.40%
Shiba Inu Shiba Inu (SHIB) $0.00 ↑ 14.60%
Hedera Hedera (HBAR) $0.20 ↑ 8.86%
Hyperliquid Hyperliquid (HYPE) $25.33 ↑ 17.21%
Toncoin Toncoin (TON) $3.29 ↑ 5.28%
Bitcoin Cash Bitcoin Cash (BCH) $413.99 ↓ -0.20%
UNUS SED LEO UNUS SED LEO (LEO) $8.75 ↓ -0.57%
Litecoin Litecoin (LTC) $98.93 ↑ 7.33%
Polkadot Polkadot (DOT) $4.69 ↑ 10.29%
Monero Monero (XMR) $304.61 ↑ 2.71%
Pepe Pepe (PEPE) $0.00 ↑ 38.44%
Dai Dai (DAI) $1.00 ↓ -0.02%
Bitget Token Bitget Token (BGB) $4.50 ↑ 3.44%
Pi Pi (PI) $0.74 ↑ 19.24%
Ethena USDe Ethena USDe (USDe) $1.00 ↓ -0.02%
Uniswap Uniswap (UNI) $6.35 ↑ 21.60%
Bittensor Bittensor (TAO) $430.00 ↑ 7.32%
Aptos Aptos (APT) $5.69 ↑ 11.44%
NEAR Protocol NEAR Protocol (NEAR) $2.91 ↑ 17.15%
Ondo Ondo (ONDO) $1.04 ↑ 12.10%
OKB OKB (OKB) $54.23 ↑ 4.92%
Aave Aave (AAVE) $209.42 ↑ 11.44%
Ethereum Classic Ethereum Classic (ETC) $19.26 ↑ 11.50%
OFFICIAL TRUMP OFFICIAL TRUMP (TRUMP) $14.25 ↑ 17.31%
Internet Computer Internet Computer (ICP) $5.30 ↑ 9.19%
Kaspa Kaspa (KAS) $0.10 ↑ 7.94%
GateToken GateToken (GT) $22.09 ↑ 3.21%
Cronos Cronos (CRO) $0.10 ↑ 5.90%
POL (prev. MATIC) POL (prev. MATIC) (POL) $0.26 ↑ 11.84%
Mantle Mantle (MNT) $0.77 ↑ 5.33%
Render Render (RENDER) $4.97 ↑ 9.70%
VeChain VeChain (VET) $0.03 ↑ 11.00%
Ethena Ethena (ENA) $0.38 ↑ 21.76%
World Liberty Financial USD World Liberty Financial USD (USD1) $1.00 ↑ 0.08%
Artificial Superintelligence Alliance Artificial Superintelligence Alliance (FET) $0.86 ↑ 17.22%
Algorand Algorand (ALGO) $0.24 ↑ 11.99%
Filecoin Filecoin (FIL) $3.02 ↑ 9.73%
Cosmos Cosmos (ATOM) $4.88 ↑ 11.69%
Celestia Celestia (TIA) $2.87 ↑ 8.69%
Arbitrum Arbitrum (ARB) $0.38 ↑ 14.25%
Bonk Bonk (BONK) $0.00 ↑ 19.32%
Sonic (prev. FTM) Sonic (prev. FTM) (S) $0.59 ↑ 8.47%
Worldcoin Worldcoin (WLD) $1.15 ↑ 14.35%
Jupiter Jupiter (JUP) $0.53 ↑ 15.46%
First Digital USD First Digital USD (FDUSD) $1.00 ↓ -0.10%
Stacks Stacks (STX) $0.97 ↑ 4.85%
Maker Maker (MKR) $1,738.81 ↑ 7.47%
KuCoin Token KuCoin Token (KCS) $11.17 ↑ 2.90%
Fartcoin Fartcoin (FARTCOIN) $1.36 ↑ 23.79%
EOS EOS (EOS) $0.85 ↑ 0.79%
Virtuals Protocol Virtuals Protocol (VIRTUAL) $2.01 ↑ 24.74%
Flare Flare (FLR) $0.02 ↑ 2.22%
Story Story (IP) $4.64 ↑ 15.24%
DeXe DeXe (DEXE) $14.73 ↑ 0.51%
Optimism Optimism (OP) $0.75 ↑ 18.39%
Sei Sei (SEI) $0.24 ↑ 11.64%
Immutable Immutable (IMX) $0.66 ↑ 12.07%
XDC Network XDC Network (XDC) $0.08 ↑ 3.27%
Injective Injective (INJ) $11.83 ↑ 12.65%
Quant Quant (QNT) $95.65 ↑ 1.67%
The Graph The Graph (GRT) $0.11 ↑ 12.60%
Curve DAO Token Curve DAO Token (CRV) $0.78 ↑ 6.38%
FLOKI FLOKI (FLOKI) $0.00 ↑ 19.46%
Pudgy Penguins Pudgy Penguins (PENGU) $0.02 ↑ 8.16%
Four Four (FORM) $2.42 ↓ -3.69%
JasmyCoin JasmyCoin (JASMY) $0.02 ↑ 11.52%
Lido DAO Lido DAO (LDO) $1.02 ↑ 18.41%
IOTA IOTA (IOTA) $0.24 ↑ 9.19%
Theta Network Theta Network (THETA) $0.88 ↑ 12.09%
PayPal USD PayPal USD (PYUSD) $1.00 ↑ 0.02%
Raydium Raydium (RAY) $2.94 ↑ 9.42%
Gala Gala (GALA) $0.02 ↑ 17.84%
Core Core (CORE) $0.84 ↑ 14.86%
The Sandbox The Sandbox (SAND) $0.33 ↑ 13.36%
Ethereum Name Service Ethereum Name Service (ENS) $22.94 ↑ 15.31%
Nexo Nexo (NEXO) $1.29 ↑ 1.63%
Walrus Walrus (WAL) $0.63 ↑ 2.78%
Tether Gold Tether Gold (XAUt) $3,334.54 ↓ -0.31%
Bitcoin SV Bitcoin SV (BSV) $41.11 ↑ 6.02%
Brett (Based) Brett (Based) (BRETT) $0.08 ↑ 30.56%
PAX Gold PAX Gold (PAXG) $3,336.41 ↓ -0.42%
BitTorrent [New] BitTorrent [New] (BTT) $0.00 ↑ 8.15%
Helium Helium (HNT) $4.13 ↑ 7.25%
dogwifhat dogwifhat (WIF) $0.75 ↑ 17.76%
PancakeSwap PancakeSwap (CAKE) $2.30 ↑ 7.56%
Kaia Kaia (KAIA) $0.12 ↑ 4.73%
Flow Flow (FLOW) $0.43 ↑ 10.93%
Home Economy

German Economy Contracts by 0.4% in Q4: Experts Warn of Weak Start to 2023

David Moore by David Moore
24 February 2023
in Economy
Reading Time: 3 mins read
0
German Economy Contracts by 0.4% in Q4: Experts Warn of Weak Start to 2023

The final three months of 2022 saw the German economy contract more strongly than anticipated due to the impact of inflation and the energy crisis on consumer spending and capital investment. 

On Friday, the statistics office reported a 0.4% decline in GDP for the quarter, worse than the initial estimate of a 0.2% drop. Preliminary data from the office revealed that in the previous quarter, GDP had grown slightly by 0.5%. With weak consumer confidence, falling manufacturing PMI, and a reluctance to spend, the Ifo’s current assessment component indicates a contraction of the German economy in the first quarter of 2023, according to ING’s global head of macro, Carsten Brzeski. 

Table of Contents

Toggle
    • YOU MAY BE INTERESTED
    • Will Coinbase Dominate Derivatives After $2.9B Deribit Deal
    • CZ Says Bitcoin Will Hit $1 Million: Why He Is Doubling Down in 2025
  • How Is It Calculated?
  • What the German Economy Can Do to Take Growth Steps

YOU MAY BE INTERESTED

Will Coinbase Dominate Derivatives After $2.9B Deribit Deal

Will Coinbase Dominate Derivatives After $2.9B Deribit Deal

9 May 2025
Bitcoin BTC

CZ Says Bitcoin Will Hit $1 Million: Why He Is Doubling Down in 2025

8 May 2025

The fourth quarter’s worse-than-expected outcome increases concerns about a winter recession, which is defined as two consecutive quarters of contraction. Commerzbank economist Ralph Solveen said that the significant rise in energy prices had slowed down the economy despite the government’s extensive aid measures, and a noticeable economic recovery is unlikely to happen due to the global tightening of monetary policy. 

According to the statistics office, household spending decreased by 1.0% in the fourth quarter, while government spending increased by 0.6% compared to the previous quarter, following relief measures such as the fuel discount and the 9-euro transport ticket. The statistics office also reported that investment in construction declined by 2.9% in the fourth quarter, and investment in machinery and equipment dropped by 3.6%, adjusted for inflation, seasonal and calendar effects. Due to ongoing supply chain disruptions and high energy prices, the difficult international situation led to a 1.0% decrease in exports of goods and services in the fourth quarter compared to the third quarter, according to the statistics office.

German Economy Contracts by 0.4% in Q4: Experts Warn of Weak Start to 2023

How Is It Calculated?

The quarter values of a country’s economy are calculated based on the Gross Domestic Product (GDP), which is the total value of goods and services produced within the country’s borders during a specific period. To calculate the quarter values, the GDP is measured and compared to the previous quarter.

A contraction in the economy means that the GDP has decreased compared to the previous quarter. This indicates that there has been a decline in economic activity and output. A contraction in the economy for two consecutive quarters is generally considered a technical recession. 

A shrinking economy can lead to various economic problems such as rising unemployment, decreased consumer and business confidence, and reduced government revenues. It is important to note that a single quarter of contraction does not necessarily mean that a recession is imminent, as fluctuations in the economy can occur due to a range of factors such as seasonal changes or external shocks.

ADVERTISEMENT

What the German Economy Can Do to Take Growth Steps

  1. Increase public investment: Investing in infrastructure projects such as transportation and energy could provide an immediate boost to the economy and create jobs.
  2. Support innovation and entrepreneurship: Encouraging the development of new businesses and technologies could create new industries and jobs, as well as help existing companies remain competitive in the global market.
  3. Address demographic challenges: Germany is facing an aging population, which could have negative impacts on the economy. Encouraging immigration and policies that support families could help address these challenges.
  4. Reform the tax system: Simplifying the tax system and reducing the tax burden on businesses and individuals could stimulate economic growth.
  5. Address the skills gap: Investing in education and training could help address the skills gap that exists in some sectors of the German economy, particularly in the fields of science, technology, engineering, and math (STEM).
  6. Address climate change: Germany has been a leader in addressing climate change, but more action is needed to transition to a low-carbon economy. Investing in renewable energy and promoting sustainable practices could create new industries and jobs while reducing greenhouse gas emissions.

Overall, a combination of short-term and long-term policies will be necessary to address the challenges facing the German economy and support sustainable economic growth.

You may be interested in: Bloomberg Notes Anomalies In Borsa Istanbul Analysis

Previous Post

The Great Destruction Caused by the Earthquake in Türkiye: UNDP Launches an Eco-Friendly Solution

Next Post

How To Find The New Coins That Have Been Released? Where Should You Buy Them?

David Moore

David Moore

I am a writer/editor and aspiring author with a high level of editing, writing, communication, leadership and research skills. I possess the proven ability to copy edit, write, fact check, format, calculate and verify numbers/percentages, interview people, perform research, teach and produce something meaningful from scratch. I've worked in various industries and in a number of team environments, including in support roles. In addition to my identity as a financier, I have had the opportunity to write editorial in other sectors throughout my life. Without saying no to these demands, I tried to expand my range and go beyond the field of finance. I have experience editing academic course material, financial services/investment copy, valuation/appraisal content, packaging/caution language and marketing/promotional material. I was on the basketball team when I was in college, but after I got injured, I continued to support the coach and my teammates. I learned leadership skills and continued to coach basketball teams. I've managed young people, and excelled in a number of office cultures. I’m currently working as a Financial Editor for different digital news channels, with contents about personal finance management and cryptocurrencies. economy

SIMILAR NEWS

Will Coinbase Dominate Derivatives After $2.9B Deribit Deal
News

Will Coinbase Dominate Derivatives After $2.9B Deribit Deal

9 May 2025
Bitcoin BTC
News

CZ Says Bitcoin Will Hit $1 Million: Why He Is Doubling Down in 2025

8 May 2025
Citi and SDX Are About to Flip Traditional Finance on Its Head
News

Citi and SDX Are About to Flip Traditional Finance on Its Head

8 May 2025

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result
DMCA
PROTECTED

Categories

  • Business
  • Cryptocurrency
  • Economy
  • en
  • News
  • Politics
  • World

Recent Posts

  • Will Coinbase Dominate Derivatives After $2.9B Deribit Deal
  • Arweave Surprised Everyone—The Most Popular Cryptocurrency Might Not Be What You Expect This Cycle
  • CZ Says Bitcoin Will Hit $1 Million: Why He Is Doubling Down in 2025
  • Citi and SDX Are About to Flip Traditional Finance on Its Head
  • Ethereum Hits $1.9K as Bulls Target $2K After Pectra Upgrade

Site Navigation

  • Home
  • About Us
  • Terms and Conditions
  • Privacy Policy
  • Disclaimer
  • Contact

TurkishNY Radio

Banner 1
Banner 2
No Result
View All Result
  • Home
  • Cryptocurrency
  • Business
  • Economy
  • tr Türkçe
  • en English

  • English