V

Vishal Gupta • 7.73K Points
Tutor III

Germany’s Economic Downturn: Fourth Largest Global Economy Slips into Recession

Germany, the fourth largest economy in the world, is currently facing a recession due to a decline in the Euro and an unexpected contraction in the economy during the first three months of 2023.
This contraction, marking the second consecutive quarter of decline, meets one definition of a recession.

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