Tuesday, August 29, 2023

Forbes.com: Germany’s Epic Recession Continues: Economy Still Can’t Catch A Break

 By SIMON CONSTABLE

The German Federal government just confirmed that the economy has now been in recession for three straight quarters through to the end of June. And that doesn’t even take into account the current situation nor the likely future for the country.

“We suspect that household and government consumption will continue be very weak and think investment will contract,” states a recent report from London-based financial consulting company Capital Economics. Read more here.

Gus Pasquerella, Public domain, via Wikimedia Commons

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