Germany is facing its first two-year recession since the early 2000s as the government downgraded its 2024 growth forecast for the eurozone’s largest economy.
“The economic conditions are not satisfactory at the moment,” Robert Habeck, economy minister, said on Wednesday. “But we’re in the process of working our way out of it.”
Habeck said Germany had made “real progress” in tackling the short-term factors dragging down output in recent years — soaring inflation, high interest rates and energy costs pushed up by Russia’s full-scale invasion of Ukraine.
您已阅读13%（556字），剩余87%（3645字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。