Germany Officially Enters Into a Recession: Report

Germany officially entered a recession in the first quarter of 2023. According to the German statistics office on Thursday, Q1 2023 GDP (gross domestic product) was revised lower from zero to -0.3%. This followed a 0.5% decline in the last quarter of 2022. A technical recession occurs with two…

#watcherguru #ukraine #clausvistesen #willgermany #vistesen #franziskapalmas #capitaleconomics #europeancentralbank #joachimnagel #ecb