The energy crisis, high inflation and the cooling global economy are fierce headwinds for the German economy.
More than two years of pandemics and the energy crisis triggered by the war in Ukraine are causing permanent stress in the German society and the economy.
After a weak first half, the German economy is likely to stagnate at best in the third quarter of this year.
The German economy continues to be hit hard by the war in Ukraine and the Chinese corona crisis.
The war in Ukraine and the Chinese corona crisis are having a noticeable impact on the German economy and fuel inflation.
Following Russia’s invasion of Ukraine, the outlook for the German economy has deteriorated.