Bundesbank Raises Alarm as Germany Faces Recession Due to Weak External Demand
Monday, 19 February 2024, 11:09
Bundesbank's Warning on Current Economic Situation in Germany
- Germany is likely in recession now due to weak external demand and muted consumption.
- Recovery in the economy is still elusive, prolonging the period of economic weakness.
- The ongoing weak phase in the economy is expected to persist, posing challenges for Germany's economic outlook.
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This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.