A steep drop in factory activity in Germany during November has raised fears of a winter recession, creating fresh challenges for Chancellor Olaf Scholz weeks before the Feb 23 general election.
"Without swift and decisive remedial measures, serious consequences for citizens and Germany as a business location are to be expected. Berghegger spoke of a creeping blackout," writes DW.
Russia has also cut flows of gas through the key Nordstream 1 pipeline to Germany to 20% of capacity, raising fears it may turn off the taps this winter. Germany's Economy Minister Robert Habeck ...
Germany could experience a winter recession, as disappointing factory activity levels in November deepened its ongoing manufacturing crisis. New orders across Europe's biggest economy fell by 5. ...
Germany could experience a winter recession, as disappointing factory activity levels in November deepened its ongoing manufacturing crisis. New orders across Europe's biggest economy fell by 5.4% ...